Kilroy Realty Co. (NYSE:KRC) Given Consensus Rating of "Hold" by Brokerages

Shares of Kilroy Realty Co. (NYSE:KRC - Get Free Report) have received an average rating of "Hold" from the ten analysts that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $40.80.

A number of analysts have recently weighed in on 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 for the company. in a research note on Thursday, November 14th. Barclays lowered their price target on Kilroy Realty from $44.00 to $43.00 and set an "equal weight" rating on the stock in a research report on Monday, January 13th. JPMorgan Chase & Co. upgraded Kilroy Realty from a "neutral" rating to an "overweight" rating and upped their price objective for the company from $45.00 to $49.00 in a report on Friday, December 20th. Mizuho reaffirmed a "neutral" rating and set a $43.00 target price (down from $45.00) on shares of Kilroy Realty in a report on Tuesday, January 7th. Finally, Jefferies Financial Group cut shares of Kilroy Realty from a "buy" rating to a "hold" rating and dropped their price target for the stock from $45.00 to $41.00 in a research report on Thursday, January 2nd.

Insider Activity

In related news, insider Heidi Rena Roth sold 12,000 shares of the stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $42.28, for a total value of $507,360.00. Following the completion of the sale, the insider now directly owns 50,211 shares of the company's stock, valued at approximately $2,122,921.08. This represents a 19.29 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.49% of the stock is owned by company insiders.

Institutional Trading of Kilroy Realty

A number of hedge funds have recently made changes to their positions in the stock. Assetmark Inc. lifted its holdings in shares of Kilroy Realty by 1.0% during the 3rd quarter. Assetmark Inc. now owns 26,792 shares of the real estate investment trust's stock valued at $1,037,000 after buying an additional 274 shares during the last quarter. State of Alaska Department of Revenue raised its position 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 acquiring an additional 276 shares in the last quarter. Choreo LLC raised its position in Kilroy Realty by 3.2% during the fourth 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 in the last quarter. FMR LLC lifted its stake in Kilroy Realty by 2.2% in the third quarter. FMR LLC now owns 15,201 shares of the real estate investment trust's stock valued at $588,000 after acquiring an additional 329 shares during the last quarter. Finally, Versant Capital Management Inc grew its position in 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. 94.22% of the stock is owned by hedge funds and other institutional investors.

Kilroy Realty Stock Performance

KRC stock traded up $1.61 on Thursday, reaching $38.89. The company's stock had a trading volume of 1,775,124 shares, compared to its average volume of 1,112,587. The firm has a fifty day moving average of $39.92 and a two-hundred day moving average of $38.32. The company has a debt-to-equity ratio of 0.89, a current ratio of 3.08 and a quick ratio of 3.08. The company has a market capitalization of $4.59 billion, a P/E ratio of 23.28 and a beta of 1.02. Kilroy Realty has a 52 week low of $30.71 and a 52 week high of $43.78.

Kilroy Realty (NYSE:KRC - Get Free Report) last issued its quarterly 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). The business had revenue of $289.94 million for the quarter, compared to analyst estimates of $275.77 million. Kilroy Realty had a net margin of 17.78% and a return on equity of 3.53%. Kilroy Realty's revenue for the quarter was up 2.2% on a year-over-year basis. During the same period last year, the business posted $1.12 earnings per share. As a group, analysts predict that Kilroy Realty will post 4.41 EPS for the current fiscal year.

Kilroy Realty Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Tuesday, December 31st were issued a $0.54 dividend. This represents a $2.16 annualized dividend and a dividend yield of 5.55%. The ex-dividend date of this dividend was Tuesday, December 31st. Kilroy Realty's payout ratio is 129.34%.

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.