Brokerages Set Kilroy Realty Co. (NYSE:KRC) Target Price at $40.09

Kilroy Realty Co. (NYSE:KRC - Get Free Report) has earned a consensus rating of "Hold" from the eleven ratings firms that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and four have given a buy recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $40.09.

Several equities research analysts have weighed in on KRC shares. Evercore ISI reduced their price objective 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. Barclays raised Kilroy Realty from an "equal weight" rating to an "overweight" rating and boosted their target price for the company from $42.00 to $44.00 in a research report on Thursday, February 27th. Wells Fargo & Company downgraded Kilroy Realty from an "overweight" rating to an "equal weight" rating and lowered their price target for the stock from $43.00 to $35.00 in a research report on Monday, March 10th. The Goldman Sachs Group cut their price objective on shares of Kilroy Realty from $48.00 to $42.00 and set a "buy" rating on the stock in a research report on Thursday, February 20th. Finally, JPMorgan Chase & Co. upgraded shares of Kilroy Realty from a "neutral" rating to an "overweight" rating and raised their target price for the stock from $45.00 to $49.00 in a report on Friday, December 20th.

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Insider Buying and Selling

In other Kilroy Realty news, CEO Angela M. Aman bought 2,797 shares of the company's stock in a transaction on Friday, February 28th. The shares were bought at an average cost of $35.45 per share, for a total transaction of $99,153.65. Following the acquisition, the chief executive officer now directly owns 2,797 shares in the company, valued at approximately $99,153.65. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 2.49% of the stock is owned by insiders.

Institutional Investors Weigh In On Kilroy Realty

Several large investors have recently modified their holdings of the business. State of Alaska Department of Revenue increased its holdings in Kilroy Realty by 0.4% during the fourth quarter. State of Alaska Department of Revenue now owns 68,456 shares of the real estate investment trust's stock valued at $2,768,000 after buying an additional 276 shares during the period. Choreo LLC increased its holdings in shares of Kilroy Realty by 3.2% in the 4th quarter. Choreo LLC now owns 8,852 shares of the real estate investment trust's stock valued at $358,000 after acquiring an additional 278 shares during the period. M&T Bank Corp raised its position in shares of Kilroy Realty by 1.3% in the 4th quarter. M&T Bank Corp now owns 22,889 shares of the real estate investment trust's stock worth $926,000 after acquiring an additional 293 shares in the last quarter. US Bancorp DE lifted its stake in shares of Kilroy Realty by 3.4% during the 4th quarter. US Bancorp DE now owns 9,680 shares of the real estate investment trust's stock worth $392,000 after purchasing an additional 317 shares during the last quarter. Finally, Treasurer of the State of North Carolina boosted its position in Kilroy Realty by 0.6% during the fourth quarter. Treasurer of the State of North Carolina now owns 51,388 shares of the real estate investment trust's stock valued at $2,079,000 after purchasing an additional 320 shares in the last quarter. Institutional investors own 94.22% of the company's stock.

Kilroy Realty Price Performance

Shares of KRC traded up $0.04 during mid-day trading on Friday, hitting $35.05. 1,657,317 shares of the stock were exchanged, compared to its average volume of 1,097,508. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.21 and a current ratio of 2.21. The company has a market cap of $4.14 billion, a PE ratio of 19.80 and a beta of 1.02. Kilroy Realty has a 52-week low of $30.71 and a 52-week high of $43.78. The firm has a 50-day moving average of $35.73 and a two-hundred day moving average of $38.32.

Kilroy Realty (NYSE:KRC - Get Free Report) last released its quarterly earnings results on Monday, February 10th. The real estate investment trust reported $1.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.03 by $0.17. Kilroy Realty had a net margin of 18.58% and a return on equity of 3.75%. On average, equities analysts predict that Kilroy Realty will post 4 earnings per share for the current year.

Kilroy Realty Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Monday, March 31st will be given a $0.54 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $2.16 annualized dividend and a yield of 6.16%. Kilroy Realty's dividend payout ratio (DPR) is 122.03%.

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.