Kilroy Realty's (KRC) Sector Perform Rating Reaffirmed at Royal Bank of Canada

Kilroy Realty (NYSE:KRC - Get Free Report)'s stock had its "sector perform" rating restated by equities research analysts at Royal Bank of Canada in a note issued to investors on Monday,Benzinga reports. They presently have a $44.00 price target on the real estate investment trust's stock. Royal Bank of Canada's target price indicates a potential upside of 24.08% from the stock's current price.

KRC has been the subject of a number of other reports. Scotiabank downgraded Kilroy Realty from a "sector perform" rating to a "sector underperform" rating and set a $38.00 price target for the company. in a report on Thursday, November 14th. Evercore ISI boosted their target price on shares of Kilroy Realty from $40.00 to $41.00 and gave the company an "in-line" rating in a research note on Wednesday, October 30th. Mizuho restated a "neutral" rating and set a $43.00 price target (down previously from $45.00) on shares of Kilroy Realty in a research report on Tuesday, January 7th. Barclays decreased their price objective on shares of Kilroy Realty from $43.00 to $42.00 and set an "equal weight" rating for the company in a research report on Monday, February 3rd. Finally, Jefferies Financial Group cut Kilroy Realty from a "buy" rating to a "hold" rating and dropped their target price for the company from $45.00 to $41.00 in a research report on Thursday, January 2nd. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Kilroy Realty currently has an average rating of "Hold" and a consensus price target of $41.20.

Kilroy Realty Stock Performance

Shares of KRC stock traded up $0.44 during trading hours on Monday, hitting $35.46. The company's stock had a trading volume of 832,592 shares, compared to its average volume of 1,385,866. The company has a current ratio of 3.08, a quick ratio of 3.08 and a debt-to-equity ratio of 0.89. The company has a 50 day moving average of $39.10 and a 200 day moving average of $38.44. Kilroy Realty has a 12-month low of $30.71 and a 12-month high of $43.78. The stock has a market cap of $4.19 billion, a PE ratio of 21.27 and a beta of 1.02.

Kilroy Realty (NYSE:KRC - Get Free Report) last announced its quarterly earnings results on Monday, February 10th. The real estate investment trust reported $1.20 earnings per share for the quarter, topping 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 forecast that Kilroy Realty will post 4.41 EPS for the current fiscal year.

Insider Buying and Selling at Kilroy Realty

In other Kilroy Realty news, insider Heidi Rena Roth sold 12,000 shares of Kilroy Realty stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $42.28, for a total transaction of $507,360.00. Following the sale, the insider now owns 50,211 shares of the company's stock, valued at $2,122,921.08. The trade was a 19.29 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 2.49% of the company's stock.

Institutional Investors Weigh In On Kilroy Realty

A number of hedge funds have recently modified their holdings of KRC. Wilmington Savings Fund Society FSB purchased a new stake in Kilroy Realty during the 3rd quarter valued at about $34,000. UMB Bank n.a. boosted its holdings in shares of Kilroy Realty by 126.5% during the 3rd quarter. UMB Bank n.a. now owns 967 shares of the real estate investment trust's stock worth $37,000 after purchasing an additional 540 shares during the last quarter. Summit Securities Group LLC purchased a new stake in shares of Kilroy Realty in the fourth quarter valued at approximately $49,000. GAMMA Investing LLC lifted its position in Kilroy Realty by 33.6% during the third quarter. GAMMA Investing LLC now owns 1,474 shares of the real estate investment trust's stock worth $57,000 after buying an additional 371 shares in the last quarter. Finally, Fifth Third Bancorp lifted 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 worth $102,000 after buying an additional 607 shares in the last quarter. 94.22% of the stock is currently owned by institutional investors and hedge funds.

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.