Kilroy Realty’s (KRC) Neutral Rating Reaffirmed at Mizuho

Kilroy Realty (NYSE:KRCGet Free Report)‘s stock had its “neutral” rating restated by investment analysts at Mizuho in a report released on Tuesday,Benzinga reports. They presently have a $43.00 price objective on the real estate investment trust’s stock, down from their previous price objective of $45.00. Mizuho’s price target points to a potential upside of 8.64% from the company’s current price.

KRC has been the topic of a number of other research reports. Barclays lifted their price target on shares of Kilroy Realty from $38.00 to $44.00 and gave the stock an “equal weight” rating in a report on Monday, October 28th. Wells Fargo & Company lowered their price objective on Kilroy Realty from $39.00 to $38.00 and set an “overweight” rating on the stock in a research note on Wednesday, September 11th. JPMorgan Chase & Co. upgraded shares of Kilroy Realty from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $45.00 to $49.00 in a research report on Friday, December 20th. Jefferies Financial Group downgraded shares of Kilroy Realty from a “buy” rating to a “hold” rating and reduced their target price for the stock from $45.00 to $41.00 in a research note on Thursday, January 2nd. Finally, Scotiabank downgraded shares of Kilroy Realty from a “sector perform” rating to a “sector underperform” rating and set a $38.00 price objective for the company. in a report on Thursday, November 14th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $40.90.

Get Our Latest Stock Analysis on KRC

Kilroy Realty Stock Down 2.6 %

KRC stock opened at $39.58 on Tuesday. The stock has a market cap of $4.67 billion, a P/E ratio of 23.70 and a beta of 1.02. The company has a current ratio of 3.08, a quick ratio of 3.08 and a debt-to-equity ratio of 0.89. The stock’s fifty day simple moving average is $40.57 and its two-hundred day simple moving average is $37.66. Kilroy Realty has a 1-year low of $30.71 and a 1-year high of $43.78.

Kilroy Realty (NYSE:KRCGet Free Report) last issued its quarterly earnings results on Monday, October 28th. The real estate investment trust reported $0.44 earnings per share for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.60). Kilroy Realty had a return on equity of 3.53% and a net margin of 17.78%. The company had revenue of $289.94 million during the quarter, compared to analysts’ expectations of $275.77 million. During the same period last year, the firm posted $1.12 earnings per share. Kilroy Realty’s quarterly revenue was up 2.2% compared to the same quarter last year. Analysts expect that Kilroy Realty will post 4.41 EPS for the current year.

Insider Buying and Selling

In other news, insider Heidi Rena Roth sold 12,000 shares of Kilroy Realty stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $42.28, for a total transaction of $507,360.00. Following the completion of the sale, the insider now owns 50,211 shares in the company, valued at approximately $2,122,921.08. This trade represents a 19.29 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 2.49% of the stock is owned by company insiders.

Institutional Investors Weigh In On Kilroy Realty

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Victory Capital Management Inc. lifted its holdings in shares of Kilroy Realty by 2.9% during the 2nd quarter. Victory Capital Management Inc. now owns 121,185 shares of the real estate investment trust’s stock worth $3,777,000 after acquiring an additional 3,471 shares during the last quarter. Arizona State Retirement System raised its holdings in shares of Kilroy Realty by 1.9% during the 2nd quarter. Arizona State Retirement System now owns 31,203 shares of the real estate investment trust’s stock valued at $973,000 after buying an additional 594 shares in the last quarter. Candriam S.C.A. purchased a new stake in Kilroy Realty in the second quarter worth approximately $2,730,000. Ballentine Partners LLC grew its position in Kilroy Realty by 3.2% during the second quarter. Ballentine Partners LLC now owns 17,339 shares of the real estate investment trust’s stock valued at $540,000 after acquiring an additional 530 shares during the last quarter. Finally, LSV Asset Management raised its stake in shares of Kilroy Realty by 28.6% during the second quarter. LSV Asset Management now owns 636,793 shares of the real estate investment trust’s stock worth $19,849,000 after acquiring an additional 141,770 shares in the last quarter. 94.22% of the stock is owned by hedge funds and other institutional investors.

Kilroy Realty Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Kilroy Realty (NYSE:KRC)

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