Barclays Lowers Kilroy Realty (NYSE:KRC) Price Target to $42.00

Kilroy Realty (NYSE:KRC) had its target price lowered by equities research analysts at Barclays from $43.00 to $42.00 in a research note issued on Monday,Benzinga reports. The firm presently has an “equal weight” rating on the real estate investment trust’s stock. Barclays‘s price target points to a potential upside of 12.98% from the stock’s current price.

A number of other equities research analysts have also recently commented on KRC. JPMorgan Chase & Co. upgraded shares of Kilroy Realty from a “neutral” rating to an “overweight” rating and increased their target price for the company from $45.00 to $49.00 in a research report on Friday, December 20th. Scotiabank lowered shares of Kilroy Realty from a “sector perform” rating to a “sector underperform” rating and set a $38.00 target price on the stock. in a research note on Thursday, November 14th. Mizuho restated a “neutral” rating and issued a $43.00 price target (down from $45.00) on shares of Kilroy Realty in a research report on Tuesday, January 7th. Jefferies Financial Group downgraded Kilroy Realty from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $45.00 to $41.00 in a research report on Thursday, January 2nd. Finally, Evercore ISI upped their target price on Kilroy Realty from $40.00 to $41.00 and gave the company an “in-line” rating in a report on Wednesday, October 30th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, Kilroy Realty presently has a consensus rating of “Hold” and a consensus target price of $40.70.

Kilroy Realty Stock Down 0.9 %

Shares of KRC opened at $37.17 on Monday. The stock has a 50 day moving average price of $39.68 and a 200 day moving average price of $38.42. The company has a debt-to-equity ratio of 0.89, a quick ratio of 3.08 and a current ratio of 3.08. The stock has a market capitalization of $4.39 billion, a price-to-earnings ratio of 22.26 and a beta of 1.02. Kilroy Realty has a one year low of $30.71 and a one year high of $43.78.

Insider Activity at Kilroy Realty

In other news, insider Heidi Rena Roth sold 12,000 shares of the firm’s stock in a transaction on 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 transaction, the insider now directly owns 50,211 shares in the company, valued at $2,122,921.08. This trade represents a 19.29 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 2.49% of the stock is owned by insiders.

Hedge Funds Weigh In On Kilroy Realty

Several hedge funds have recently bought and sold shares of KRC. Wilmington Savings Fund Society FSB purchased a new stake in Kilroy Realty during the third quarter worth about $34,000. UMB Bank n.a. increased its stake 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 period. GAMMA Investing LLC lifted its holdings in Kilroy Realty by 33.6% during the 3rd quarter. GAMMA Investing LLC now owns 1,474 shares of the real estate investment trust’s stock worth $57,000 after buying an additional 371 shares in the last quarter. Fifth Third Bancorp boosted its position in Kilroy Realty by 31.7% in the 4th quarter. Fifth Third Bancorp now owns 2,523 shares of the real estate investment trust’s stock valued at $102,000 after buying an additional 607 shares during the period. Finally, Versant Capital Management Inc grew its stake in shares of Kilroy Realty by 14.8% in the fourth quarter. Versant Capital Management Inc now owns 2,601 shares of the real estate investment trust’s stock worth $105,000 after acquiring an additional 336 shares in the last quarter. 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.