Kilroy Realty (NYSE:KRC) Receives Neutral Rating from The Goldman Sachs Group

Kilroy Realty (NYSE:KRC)‘s stock had its “neutral” rating reiterated by The Goldman Sachs Group in a report released on Friday,Benzinga reports. They currently have a $36.00 target price on the real estate investment trust’s stock, down from their prior target price of $42.00. The Goldman Sachs Group’s price target points to a potential upside of 5.19% from the stock’s previous close.

Several other equities research analysts have also recently issued reports on the company. JPMorgan Chase & Co. upgraded Kilroy Realty from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $45.00 to $49.00 in a report on Friday, December 20th. Evercore ISI dropped their price target on Kilroy Realty from $43.00 to $41.00 and set an “in-line” rating for the company in a research report on Wednesday, February 12th. Barclays upgraded Kilroy Realty from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $42.00 to $44.00 in a report on Thursday, February 27th. Jefferies Financial Group started coverage on shares of Kilroy Realty in a report on Monday, March 17th. They set a “hold” rating and a $34.00 target price for the company. Finally, Royal Bank of Canada decreased their price target on shares of Kilroy Realty from $44.00 to $39.00 and set a “sector perform” rating on the stock in a research note on Monday, March 10th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, Kilroy Realty has a consensus rating of “Hold” and an average price target of $39.55.

Kilroy Realty Stock Down 0.8 %

Kilroy Realty stock opened at $34.23 on Friday. Kilroy Realty has a 12 month low of $30.71 and a 12 month high of $43.78. The stock has a market capitalization of $4.04 billion, a PE ratio of 19.34 and a beta of 1.02. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.21 and a quick ratio of 2.21. The business has a 50 day simple moving average of $35.54 and a 200-day simple moving average of $38.26.

Kilroy Realty (NYSE:KRC) last issued its quarterly earnings results on Monday, February 10th. The real estate investment trust reported $1.20 EPS for the quarter, topping the consensus estimate of $1.03 by $0.17. Kilroy Realty had a net margin of 18.58% and a return on equity of 3.75%. On average, analysts anticipate that Kilroy Realty will post 4 EPS for the current fiscal year.

Insider Activity

In related news, EVP John Osmond sold 4,000 shares of the business’s stock in a transaction dated Tuesday, March 25th. The shares were sold at an average price of $35.16, for a total value of $140,640.00. Following the sale, the executive vice president now directly owns 12,528 shares in the company, valued at approximately $440,484.48. The trade was a 24.20 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Angela M. Aman bought 2,797 shares of the stock in a transaction on Friday, February 28th. The shares were bought at an average cost of $35.45 per share, with a total value of $99,153.65. Following the purchase, the chief executive officer now owns 2,797 shares of the company’s stock, valued at $99,153.65. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 2.49% of the company’s stock.

Institutional Trading of Kilroy Realty

Several institutional investors have recently added to or reduced their stakes in the stock. FMR LLC boosted its position in shares of Kilroy Realty by 2.2% during the third quarter. FMR LLC now owns 15,201 shares of the real estate investment trust’s stock worth $588,000 after buying an additional 329 shares during the period. BNP Paribas Financial Markets boosted its holdings in Kilroy Realty by 6.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 111,262 shares of the real estate investment trust’s stock valued at $4,306,000 after acquiring an additional 7,129 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Kilroy Realty by 7.6% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 92,756 shares of the real estate investment trust’s stock valued at $3,590,000 after acquiring an additional 6,565 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Kilroy Realty by 428.5% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 850,975 shares of the real estate investment trust’s stock valued at $32,933,000 after acquiring an additional 689,962 shares in the last quarter. Finally, Infrastructure Capital Advisors LLC increased its stake in Kilroy Realty by 45.1% during the third quarter. Infrastructure Capital Advisors LLC now owns 75,093 shares of the real estate investment trust’s stock worth $2,906,000 after purchasing an additional 23,341 shares during the period. Institutional investors and hedge funds own 94.22% of the company’s stock.

About Kilroy Realty

Kilroy Realty Corporation (NYSE: KRC, the company, Kilroy) is a leading U.S. landlord and developer, with operations in San Diego, Greater Los Angeles, the San Francisco Bay Area, Greater Seattle and Austin. The company has earned global recognition for sustainability, building operations, innovation and design.