Kilroy Realty (NYSE:KRC) Receives “Neutral” Rating from Mizuho

Kilroy Realty (NYSE:KRC)‘s stock had its “neutral” rating reaffirmed by Mizuho in a research report issued on Tuesday,Benzinga reports. They currently have a $43.00 price target on the real estate investment trust’s stock, down from their prior price target of $45.00. Mizuho’s target price indicates a potential upside of 8.64% from the stock’s current price.

Other equities research analysts have also issued research reports about the stock. Scotiabank lowered shares of Kilroy Realty from a “sector perform” rating to a “sector underperform” rating and set a $38.00 price target on the stock. in a report on Thursday, November 14th. Evercore ISI raised their target price on Kilroy Realty from $40.00 to $41.00 and gave the stock an “in-line” rating in a research note on Wednesday, October 30th. Barclays upped their price target on Kilroy Realty from $38.00 to $44.00 and gave the company an “equal weight” rating in a research report on Monday, October 28th. Jefferies Financial Group lowered Kilroy Realty from a “buy” rating to a “hold” rating and cut their price objective for the stock from $45.00 to $41.00 in a research report on Thursday, January 2nd. Finally, Wells Fargo & Company decreased their target price on Kilroy Realty from $39.00 to $38.00 and set an “overweight” rating for the company in a report on Wednesday, September 11th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $40.90.

Kilroy Realty Trading Down 2.6 %

NYSE KRC opened at $39.58 on Tuesday. The firm has a market cap of $4.67 billion, a PE ratio of 23.70 and a beta of 1.02. Kilroy Realty has a 1-year low of $30.71 and a 1-year high of $43.78. The stock has a 50-day moving average of $40.57 and a 200-day moving average of $37.66. The company has a current ratio of 3.08, a quick ratio of 3.08 and a debt-to-equity ratio of 0.89.

Kilroy Realty (NYSE:KRC) last announced its quarterly earnings data on Monday, October 28th. The real estate investment trust reported $0.44 earnings per share for the quarter, missing the consensus estimate of $1.04 by ($0.60). Kilroy Realty had a net margin of 17.78% and a return on equity of 3.53%. The company had revenue of $289.94 million during the quarter, compared to the consensus estimate of $275.77 million. During the same quarter in the previous year, the firm posted $1.12 EPS. The business’s revenue for the quarter was up 2.2% compared to the same quarter last year. As a group, sell-side analysts forecast that Kilroy Realty will post 4.41 EPS for the current year.

Insider Buying and Selling at Kilroy Realty

In other Kilroy Realty news, insider Heidi Rena Roth sold 12,000 shares of the company’s stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $42.28, for a total value of $507,360.00. Following the sale, the insider now owns 50,211 shares in the company, valued at approximately $2,122,921.08. This represents a 19.29 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 2.49% of the company’s stock.

Institutional Trading of Kilroy Realty

Institutional investors and hedge funds have recently bought and sold shares of the company. Charles Schwab Investment Management Inc. increased its holdings in shares of Kilroy Realty by 1.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,171,717 shares of the real estate investment trust’s stock worth $84,045,000 after purchasing an additional 27,660 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Kilroy Realty by 2.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,720,268 shares of the real estate investment trust’s stock worth $53,622,000 after buying an additional 42,811 shares in the last quarter. Federated Hermes Inc. raised its position in Kilroy Realty by 3.8% in the 2nd quarter. Federated Hermes Inc. now owns 1,374,826 shares of the real estate investment trust’s stock worth $42,853,000 after buying an additional 50,619 shares during the last quarter. AQR Capital Management LLC lifted its stake in Kilroy Realty by 45.9% during the 2nd quarter. AQR Capital Management LLC now owns 851,398 shares of the real estate investment trust’s stock valued at $26,393,000 after acquiring an additional 267,825 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Kilroy Realty by 428.5% during 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 during the last quarter. 94.22% of the stock is currently owned by institutional investors.

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.