Kilroy Realty (NYSE:KRC) Price Target Lowered to $41.00 at KeyCorp

Kilroy Realty (NYSE:KRC - Get Free Report) had its price target reduced by analysts at KeyCorp from $45.00 to $41.00 in a research report issued on Monday,Benzinga reports. The brokerage currently has an "overweight" rating on the real estate investment trust's stock. KeyCorp's price target would suggest a potential upside of 39.26% from the company's previous close.

Several other analysts also recently weighed in on the company. Evercore ISI cut their target price on Kilroy Realty from $43.00 to $41.00 and set an "in-line" rating on the stock in a research note on Wednesday, February 12th. JPMorgan Chase & Co. upgraded shares of Kilroy Realty from a "neutral" rating to an "overweight" rating and lifted their price objective for the company from $45.00 to $49.00 in a research note on Friday, December 20th. Barclays upgraded shares of Kilroy Realty from an "equal weight" rating to an "overweight" rating and increased their target price for the company from $42.00 to $44.00 in a research report on Thursday, February 27th. Jefferies Financial Group started coverage on shares of Kilroy Realty in a research report on Monday, March 17th. They set a "hold" rating and a $34.00 price target on the stock. Finally, Wells Fargo & Company cut shares of Kilroy Realty from an "overweight" rating to an "equal weight" rating and decreased their price objective for the company from $43.00 to $35.00 in a report on Monday, March 10th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, Kilroy Realty presently has an average rating of "Hold" and an average price target of $38.82.

Kilroy Realty Stock Performance

Shares of Kilroy Realty stock traded down $1.12 during trading on Monday, hitting $29.44. 900,117 shares of the stock were exchanged, compared to its average volume of 1,155,615. The stock has a market cap of $3.48 billion, a PE ratio of 16.63 and a beta of 1.02. The stock's fifty day moving average is $34.93 and its 200 day moving average is $38.18. Kilroy Realty has a 12 month low of $28.66 and a 12 month high of $43.78. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.21 and a current ratio of 2.21.

Kilroy Realty (NYSE:KRC - Get Free Report) last posted its earnings results on Monday, February 10th. The real estate investment trust reported $1.20 EPS for the quarter, topping the consensus estimate of $1.03 by $0.17. Kilroy Realty had a net margin of 18.58% and a return on equity of 3.75%. As a group, sell-side analysts anticipate that Kilroy Realty will post 4 EPS for the current year.

Insider Activity

In related news, EVP John Osmond sold 4,000 shares of Kilroy Realty stock in a transaction dated Tuesday, March 25th. The stock was sold at an average price of $35.16, for a total value of $140,640.00. Following the transaction, the executive vice president now owns 12,528 shares of the company's stock, valued at approximately $440,484.48. This trade represents a 24.20 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Angela M. Aman acquired 2,797 shares of the business's stock in a transaction on Friday, February 28th. The shares were bought at an average price of $35.45 per share, for a total transaction of $99,153.65. Following the acquisition, the chief executive officer now owns 2,797 shares in the company, valued at approximately $99,153.65. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. Insiders own 2.49% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Wilmington Savings Fund Society FSB acquired a new position in Kilroy Realty in the 3rd quarter worth approximately $34,000. Summit Securities Group LLC acquired a new stake in shares of Kilroy Realty in the fourth quarter worth $49,000. GAMMA Investing LLC grew its holdings in shares of Kilroy Realty by 25.4% during the fourth quarter. GAMMA Investing LLC now owns 1,848 shares of the real estate investment trust's stock valued at $75,000 after buying an additional 374 shares in the last quarter. GF Fund Management CO. LTD. acquired a new position in Kilroy Realty during the fourth quarter valued at $82,000. Finally, Fifth Third Bancorp raised its position in Kilroy Realty by 31.7% during the fourth 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. 94.22% of the stock is owned by hedge funds and other 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.