Brokerages Set Kilroy Realty Co. (NYSE:KRC) PT at $40.67

Kilroy Realty Co. (NYSE:KRCGet Free Report) has earned an average recommendation of “Hold” from the ten analysts that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and three have given a buy recommendation to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $40.90.

Several equities research analysts recently issued reports on KRC shares. Mizuho reaffirmed a “neutral” rating and set a $43.00 price target (down previously from $45.00) on shares of Kilroy Realty in a research note on Tuesday. Jefferies Financial Group lowered Kilroy Realty from a “buy” rating to a “hold” rating and dropped their target price for the stock from $45.00 to $41.00 in a research report on Thursday, January 2nd. Barclays increased their price target on Kilroy Realty from $38.00 to $44.00 and gave the company an “equal weight” rating in a report on Monday, October 28th. Evercore ISI lifted their price objective on Kilroy Realty from $40.00 to $41.00 and gave the stock an “in-line” rating in a report on Wednesday, October 30th. Finally, Scotiabank cut Kilroy Realty from a “sector perform” rating to a “sector underperform” rating and set a $38.00 target price for the company. in a research note on Thursday, November 14th.

Check Out Our Latest Analysis on Kilroy Realty

Kilroy Realty Trading Down 2.5 %

Shares of KRC opened at $37.04 on Friday. The company has a debt-to-equity ratio of 0.89, a current ratio of 3.08 and a quick ratio of 3.08. Kilroy Realty has a 12 month low of $30.71 and a 12 month high of $43.78. The stock has a market cap of $4.37 billion, a PE ratio of 22.18 and a beta of 1.02. The stock’s 50-day moving average is $40.37 and its two-hundred day moving average is $37.70.

Kilroy Realty (NYSE:KRCGet Free Report) last released 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). The company had revenue of $289.94 million during the quarter, compared to analysts’ expectations of $275.77 million. Kilroy Realty had a return on equity of 3.53% and a net margin of 17.78%. The firm’s revenue was up 2.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.12 EPS. Equities analysts forecast that Kilroy Realty will post 4.41 earnings per share for the current fiscal year.

Kilroy Realty Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Tuesday, December 31st were paid a dividend of $0.54 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $2.16 annualized dividend and a yield of 5.83%. Kilroy Realty’s payout ratio is 129.34%.

Insider Transactions at Kilroy Realty

In other Kilroy Realty news, insider Heidi Rena Roth sold 12,000 shares of Kilroy Realty stock in a transaction that occurred on Tuesday, November 26th. The stock was sold at an average price of $42.28, for a total value of $507,360.00. Following the completion of the transaction, the insider now directly owns 50,211 shares in the company, valued at $2,122,921.08. The trade was a 19.29 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 2.49% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in KRC. Assetmark Inc. increased its position in Kilroy Realty by 1.0% in the third quarter. Assetmark Inc. now owns 26,792 shares of the real estate investment trust’s stock worth $1,037,000 after buying an additional 274 shares during the period. FMR LLC lifted its position in Kilroy Realty by 2.2% in the 3rd quarter. FMR LLC now owns 15,201 shares of the real estate investment trust’s stock valued at $588,000 after purchasing an additional 329 shares during the last quarter. Versant Capital Management Inc boosted its stake in Kilroy Realty by 14.8% during the 4th quarter. Versant Capital Management Inc now owns 2,601 shares of the real estate investment trust’s stock valued at $105,000 after purchasing an additional 336 shares during the period. Commerce Bank grew its position in Kilroy Realty by 3.0% in the 3rd quarter. Commerce Bank now owns 11,574 shares of the real estate investment trust’s stock worth $448,000 after purchasing an additional 342 shares during the last quarter. Finally, GAMMA Investing LLC increased its stake in shares of Kilroy Realty by 33.6% in the third quarter. GAMMA Investing LLC now owns 1,474 shares of the real estate investment trust’s stock valued at $57,000 after purchasing an additional 371 shares during the period. Institutional investors and hedge funds own 94.22% of the company’s stock.

About Kilroy Realty

(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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