Mizuho Reaffirms "Neutral" Rating for Kilroy Realty (NYSE:KRC)

Kilroy Realty (NYSE:KRC - Get Free Report)'s stock had its "neutral" rating reiterated by analysts at Mizuho in a research note issued to investors on Tuesday, Marketbeat reports. They presently have a $43.00 target price on the real estate investment trust's stock, down from their previous target price of $45.00. Mizuho's target price suggests a potential upside of 12.92% from the company's current price.

A number of other equities research analysts also recently weighed in on the company. JPMorgan Chase & Co. raised Kilroy Realty from a "neutral" rating to an "overweight" rating and lifted their price objective for the company from $45.00 to $49.00 in a report on Friday, December 20th. Scotiabank lowered Kilroy Realty from a "sector perform" rating to a "sector underperform" rating and set a $38.00 price objective for the company. in a research note on Thursday, November 14th. Wells Fargo & Company reduced their target price on shares of Kilroy Realty from $39.00 to $38.00 and set an "overweight" rating on the stock in a research note on Wednesday, September 11th. Evercore ISI increased their target price on shares of Kilroy Realty from $40.00 to $41.00 and gave the stock an "in-line" rating in a research report on Wednesday, October 30th. Finally, Barclays boosted their price target on shares of Kilroy Realty from $38.00 to $44.00 and gave the company an "equal weight" rating in a research report on Monday, October 28th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $40.90.

Kilroy Realty Stock Performance

NYSE:KRC traded down $1.45 during mid-day trading on Tuesday, hitting $38.08. 1,154,201 shares of the company's stock traded hands, compared to its average volume of 878,400. The firm has a 50 day moving average of $40.57 and a two-hundred day moving average of $37.66. Kilroy Realty has a 12 month low of $30.71 and a 12 month high of $43.78. The firm has a market capitalization of $4.50 billion, a price-to-earnings ratio of 22.80 and a beta of 1.02. The company has a current ratio of 3.08, a quick ratio of 3.08 and a debt-to-equity ratio of 0.89.

Kilroy Realty (NYSE:KRC - Get Free Report) last issued its earnings results on Monday, October 28th. The real estate investment trust reported $0.44 EPS for the quarter, missing the consensus estimate of $1.04 by ($0.60). Kilroy Realty had a return on equity of 3.53% and a net margin of 17.78%. The firm had revenue of $289.94 million during the quarter, compared to the consensus estimate of $275.77 million. During the same period last year, the business earned $1.12 earnings per share. The firm's revenue for the quarter was up 2.2% compared to the same quarter last year. On average, equities analysts forecast that Kilroy Realty will post 4.41 earnings per share for the current fiscal year.

Insider Activity

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

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in KRC. Victory Capital Management Inc. lifted its position in Kilroy Realty by 2.9% during the 2nd quarter. Victory Capital Management Inc. now owns 121,185 shares of the real estate investment trust's stock valued at $3,777,000 after purchasing an additional 3,471 shares during the period. Arizona State Retirement System raised its position in shares of Kilroy Realty by 1.9% in the 2nd quarter. Arizona State Retirement System now owns 31,203 shares of the real estate investment trust's stock valued at $973,000 after acquiring an additional 594 shares during the period. Candriam S.C.A. acquired a new stake in shares of Kilroy Realty in the 2nd quarter valued at approximately $2,730,000. Ballentine Partners LLC raised its position in shares of Kilroy Realty by 3.2% in the 2nd quarter. Ballentine Partners LLC now owns 17,339 shares of the real estate investment trust's stock valued at $540,000 after acquiring an additional 530 shares during the period. Finally, LSV Asset Management raised its position in shares of Kilroy Realty by 28.6% in the 2nd quarter. LSV Asset Management now owns 636,793 shares of the real estate investment trust's stock valued at $19,849,000 after acquiring an additional 141,770 shares during the period. 94.22% of the stock is currently owned by institutional investors and hedge funds.

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.