Kilroy Realty (NYSE:KRC) PT Raised to $44.00

Kilroy Realty (NYSE:KRC) had its price objective upped by analysts at Barclays from $38.00 to $44.00 in a note issued to investors on Monday, Benzinga reports. The firm currently has an “equal weight” rating on the real estate investment trust’s stock. Barclays‘s price objective points to a potential upside of 6.54% from the stock’s current price.

Other equities research analysts have also recently issued research reports about the company. Scotiabank cut their target price on Kilroy Realty from $41.00 to $38.00 and set a “sector perform” rating for the company in a research note on Wednesday, August 7th. Evercore ISI boosted their price objective on shares of Kilroy Realty from $38.00 to $40.00 and gave the company an “in-line” rating in a report on Monday, September 16th. Wells Fargo & Company decreased their target price on shares of Kilroy Realty from $39.00 to $38.00 and set an “overweight” rating on the stock in a research report on Wednesday, September 11th. Finally, KeyCorp dropped their price target on shares of Kilroy Realty from $45.00 to $42.00 and set an “overweight” rating for the company in a research report on Tuesday, July 2nd. Six analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, Kilroy Realty has an average rating of “Hold” and a consensus price target of $39.29.

Kilroy Realty Stock Down 0.8 %

NYSE KRC opened at $41.30 on Monday. The business’s fifty day simple moving average is $38.09 and its 200-day simple moving average is $35.04. The company has a quick ratio of 3.61, a current ratio of 3.61 and a debt-to-equity ratio of 0.91. The firm has a market cap of $4.85 billion, a PE ratio of 23.74 and a beta of 1.04. Kilroy Realty has a 52 week low of $27.39 and a 52 week high of $43.78.

Kilroy Realty (NYSE:KRC) last issued its earnings results on Monday, October 28th. The real estate investment trust reported $0.44 EPS for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.60). Kilroy Realty had a return on equity of 3.52% and a net margin of 17.91%. The firm had revenue of $289.94 million for the quarter, compared to analysts’ expectations of $275.77 million. During the same period last year, the firm earned $1.12 earnings per share. Kilroy Realty’s revenue for the quarter was up 2.2% on a year-over-year basis. As a group, equities analysts anticipate that Kilroy Realty will post 4.25 earnings per share for the current year.

Insider Activity

In related news, EVP John Osmond sold 2,628 shares of the company’s stock in a transaction that occurred on Wednesday, September 18th. The shares were sold at an average price of $40.00, for a total transaction of $105,120.00. Following the sale, the executive vice president now directly owns 8,818 shares of the company’s stock, valued at $352,720. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, EVP John Osmond sold 2,628 shares of the business’s stock in a transaction on Wednesday, September 18th. The stock was sold at an average price of $40.00, for a total transaction of $105,120.00. Following the completion of the transaction, the executive vice president now directly owns 8,818 shares of the company’s stock, valued at $352,720. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Merryl Elizabeth Werber sold 3,000 shares of the stock in a transaction dated Wednesday, September 18th. The shares were sold at an average price of $39.14, for a total value of $117,420.00. Following the completion of the sale, the chief accounting officer now directly owns 26,401 shares in the company, valued at $1,033,335.14. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders own 2.49% of the company’s stock.

Institutional Investors Weigh In On Kilroy Realty

Large investors have recently modified their holdings of the company. Fidelis Capital Partners LLC purchased a new stake in shares of Kilroy Realty during the 1st quarter worth $26,000. Wiser Advisor Group LLC raised its stake in Kilroy Realty by 67.5% in the first quarter. Wiser Advisor Group LLC now owns 757 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 305 shares in the last quarter. UMB Bank n.a. lifted its holdings in Kilroy Realty by 126.5% during the 3rd quarter. UMB Bank n.a. now owns 967 shares of the real estate investment trust’s stock worth $37,000 after buying an additional 540 shares during the last quarter. Blue Trust Inc. boosted its position in shares of Kilroy Realty by 1,322.9% during the 2nd quarter. Blue Trust Inc. now owns 1,366 shares of the real estate investment trust’s stock worth $43,000 after acquiring an additional 1,270 shares in the last quarter. Finally, Versant Capital Management Inc increased its holdings in shares of Kilroy Realty by 2,510.7% in the 2nd quarter. Versant Capital Management Inc now owns 1,462 shares of the real estate investment trust’s stock valued at $46,000 after acquiring an additional 1,406 shares during the last quarter. 94.22% of the stock is owned by hedge funds and other institutional investors.

Kilroy Realty Company Profile

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.