Kilroy Realty (NYSE:KRC) Given "Neutral" Rating at The Goldman Sachs Group

The Goldman Sachs Group reiterated their neutral rating on shares of Kilroy Realty (NYSE:KRC - Free Report) in a research report released on Friday morning, Marketbeat reports. They currently have a $36.00 target price on the real estate investment trust's stock, down from their previous target price of $42.00.

A number of other equities analysts have also commented on the company. Royal Bank of Canada dropped their price target on Kilroy Realty from $44.00 to $39.00 and set a "sector perform" rating for the company in a research note on Monday, March 10th. Barclays upgraded shares of Kilroy Realty from an "equal weight" rating to an "overweight" rating and boosted their price target for the stock from $42.00 to $44.00 in a research report on Thursday, February 27th. Mizuho reissued a "neutral" rating and issued a $43.00 price objective (down from $45.00) on shares of Kilroy Realty in a research note on Tuesday, January 7th. Evercore ISI reduced their target price on shares of Kilroy Realty from $43.00 to $41.00 and set an "in-line" rating on the stock in a report on Wednesday, February 12th. Finally, Wells Fargo & Company downgraded shares of Kilroy Realty from an "overweight" rating to an "equal weight" rating and lowered their price target 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 issued a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $39.45.

Kilroy Realty Stock Performance

NYSE KRC traded down $0.16 on Friday, hitting $32.61. 689,464 shares of the company traded hands, compared to its average volume of 1,145,256. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.82. The business's 50 day moving average price is $35.30 and its 200-day moving average price is $38.29. The company has a market capitalization of $3.85 billion, a price-to-earnings ratio of 18.35 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 released its earnings results on Monday, February 10th. The real estate investment trust reported $1.20 earnings per share (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%. Equities analysts expect that Kilroy Realty will post 4 earnings per share for the current year.

Kilroy Realty Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Monday, March 31st will be paid a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a dividend yield of 6.62%. The ex-dividend date is Monday, March 31st. Kilroy Realty's dividend payout ratio is currently 122.03%.

Insider Activity at Kilroy Realty

In other news, insider A. Robert Paratte sold 6,000 shares of the firm's stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $34.74, for a total transaction of $208,440.00. Following the transaction, the insider now directly owns 86,744 shares of the company's stock, valued at approximately $3,013,486.56. This trade represents a 6.47 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP John Osmond sold 4,000 shares of the business's stock in a transaction that occurred on Tuesday, March 25th. The shares were sold at an average price of $35.16, for a total value of $140,640.00. Following the completion of the sale, the executive vice president now owns 12,528 shares of the company's stock, valued at $440,484.48. The trade was a 24.20 % decrease in their position. The disclosure for this sale can be found here. 2.49% of the stock is owned by company insiders.

Institutional Trading of Kilroy Realty

A number of hedge funds have recently added to or reduced their stakes in the business. State of Alaska Department of Revenue boosted its stake in shares of 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 purchasing an additional 276 shares in the last quarter. Choreo LLC boosted its position in Kilroy Realty by 3.2% during 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 in the last quarter. M&T Bank Corp increased its holdings 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 valued at $926,000 after acquiring an additional 293 shares during the period. US Bancorp DE raised its position in shares of Kilroy Realty by 3.4% in the 4th quarter. US Bancorp DE now owns 9,680 shares of the real estate investment trust's stock worth $392,000 after acquiring an additional 317 shares in the last quarter. Finally, Treasurer of the State of North Carolina lifted its stake in shares of Kilroy Realty by 0.6% during the 4th quarter. Treasurer of the State of North Carolina now owns 51,388 shares of the real estate investment trust's stock worth $2,079,000 after purchasing an additional 320 shares during the last quarter. 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.