Kilroy Realty (NYSE:KRC) Stock Rating Lowered by Wells Fargo & Company

Kilroy Realty (NYSE:KRC - Get Free Report) was downgraded by stock analysts at Wells Fargo & Company from an "overweight" rating to an "equal weight" rating in a report issued on Monday,Briefing.com Automated Import reports. They currently have a $35.00 price target on the real estate investment trust's stock, down from their previous price target of $43.00. Wells Fargo & Company's target price suggests a potential upside of 4.91% from the stock's previous close.

Several other brokerages also recently weighed in on KRC. Jefferies Financial Group downgraded Kilroy Realty from a "buy" rating to a "hold" rating and decreased their target price for the company from $45.00 to $41.00 in a research note on Thursday, January 2nd. JPMorgan Chase & Co. upgraded Kilroy Realty from a "neutral" rating to an "overweight" rating and upped their price target for the stock from $45.00 to $49.00 in a report on Friday, December 20th. Scotiabank downgraded shares of Kilroy Realty from a "sector perform" rating to a "sector underperform" rating and set a $38.00 price objective on the stock. in a research note on Thursday, November 14th. Royal Bank of Canada reiterated a "sector perform" rating and set a $44.00 target price on shares of Kilroy Realty in a research note on Monday, February 10th. Finally, The Goldman Sachs Group decreased their price target 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. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat, Kilroy Realty has a consensus rating of "Hold" and a consensus price target of $41.18.

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Kilroy Realty Trading Up 1.0 %

NYSE:KRC opened at $33.36 on Monday. The company has a quick ratio of 2.21, a current ratio of 2.21 and a debt-to-equity ratio of 0.82. The company's 50 day moving average is $36.82 and its 200-day moving average is $38.48. The firm has a market cap of $3.94 billion, a price-to-earnings ratio of 18.85 and a beta of 1.02. Kilroy Realty has a 12 month low of $30.71 and a 12 month high of $43.78.

Kilroy Realty (NYSE:KRC - Get Free Report) last announced its earnings results on Monday, February 10th. The real estate investment trust reported $1.20 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 anticipate that Kilroy Realty will post 4 EPS for the current year.

Insider Buying and Selling at Kilroy Realty

In other news, CEO Angela M. Aman bought 2,797 shares of the business's stock in a transaction dated Friday, February 28th. The stock was bought at an average price of $35.45 per share, for a total transaction of $99,153.65. Following the completion of the purchase, the chief executive officer now owns 2,797 shares of the company's stock, valued at approximately $99,153.65. The trade was a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 2.49% of the company's stock.

Institutional Trading of Kilroy Realty

Institutional investors have recently bought and sold shares of the business. Assetmark Inc. boosted its holdings in Kilroy Realty by 1.0% during the third quarter. Assetmark Inc. now owns 26,792 shares of the real estate investment trust's stock worth $1,037,000 after buying an additional 274 shares during the last quarter. State of Alaska Department of Revenue boosted its stake in Kilroy Realty by 0.4% during the 4th quarter. State of Alaska Department of Revenue now owns 68,456 shares of the real estate investment trust's stock worth $2,768,000 after acquiring an additional 276 shares during the last quarter. Choreo LLC grew its holdings 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 purchasing an additional 278 shares during the period. M&T Bank Corp increased its stake in Kilroy Realty by 1.3% in the fourth quarter. M&T Bank Corp now owns 22,889 shares of the real estate investment trust's stock valued at $926,000 after purchasing an additional 293 shares in the last quarter. Finally, US Bancorp DE raised its holdings in Kilroy Realty by 3.4% in the fourth 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 period. Institutional investors and hedge funds own 94.22% of the company's stock.

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.

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