Kilroy Realty (NYSE:KRC) Given New $41.00 Price Target at Evercore ISI

Kilroy Realty (NYSE:KRC - Get Free Report) had its price target decreased by equities researchers at Evercore ISI from $43.00 to $41.00 in a note issued to investors on Wednesday,Benzinga reports. The firm currently has an "in-line" rating on the real estate investment trust's stock. Evercore ISI's price target suggests a potential upside of 17.33% from the company's current price.

Several other equities research analysts also recently commented on KRC. 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. Jefferies Financial Group downgraded Kilroy Realty from a "buy" rating to a "hold" rating and reduced their target price for the company from $45.00 to $41.00 in a report on Thursday, January 2nd. JPMorgan Chase & Co. raised Kilroy Realty from a "neutral" rating to an "overweight" rating and upped their target price for the company from $45.00 to $49.00 in a report on Friday, December 20th. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $44.00 target price on shares of Kilroy Realty in a report on Monday, February 10th. Finally, Scotiabank downgraded Kilroy Realty from a "sector perform" rating to a "sector underperform" rating and set a $38.00 target price for the company. in a report on Thursday, November 14th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $41.20.

Kilroy Realty Price Performance

Shares of Kilroy Realty stock traded down $0.46 during trading on Wednesday, hitting $34.94. The stock had a trading volume of 1,493,224 shares, compared to its average volume of 1,274,692. 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 firm has a market cap of $4.13 billion, a P/E ratio of 20.92 and a beta of 1.02. The business has a fifty day moving average of $39.00 and a two-hundred day moving average of $38.42. Kilroy Realty has a fifty-two week low of $30.71 and a fifty-two week high of $43.78.

Kilroy Realty (NYSE:KRC - Get Free Report) last announced its quarterly earnings data on Monday, February 10th. The real estate investment trust reported $1.20 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.17. Kilroy Realty had a return on equity of 3.53% and a net margin of 17.78%. On average, sell-side analysts expect that Kilroy Realty will post 4.41 earnings per share for the current fiscal year.

Insider Activity

In other 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 transaction of $507,360.00. Following the transaction, the insider now 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 SEC, which is accessible through this link. 2.49% of the stock is currently owned by insiders.

Institutional Trading of Kilroy Realty

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Norges Bank acquired a new stake in Kilroy Realty in the 4th quarter valued at approximately $366,356,000. Principal Financial Group Inc. grew its holdings in Kilroy Realty by 4.7% in the 4th quarter. Principal Financial Group Inc. now owns 4,862,310 shares of the real estate investment trust's stock valued at $196,680,000 after buying an additional 218,163 shares during the last quarter. Price T Rowe Associates Inc. MD grew its holdings in Kilroy Realty by 6.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,265,387 shares of the real estate investment trust's stock valued at $132,087,000 after buying an additional 193,291 shares during the last quarter. T. Rowe Price Investment Management Inc. grew its holdings in Kilroy Realty by 29.3% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 3,003,920 shares of the real estate investment trust's stock valued at $121,509,000 after buying an additional 680,870 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in Kilroy Realty by 1.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,200,616 shares of the real estate investment trust's stock valued at $89,015,000 after buying an additional 28,899 shares during 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.