Kilroy Realty (NYSE:KRC) Price Target Raised to $44.00

Kilroy Realty (NYSE:KRC - Get Free Report) had its target price upped by research analysts at Barclays from $38.00 to $44.00 in a research note issued on Monday, Benzinga reports. The firm presently has an "equal weight" rating on the real estate investment trust's stock. Barclays's target price suggests a potential upside of 5.69% from the company's current price.

A number of other equities analysts have also recently commented on KRC. Wells Fargo & Company lowered their price target on Kilroy Realty from $39.00 to $38.00 and set an "overweight" rating for the company in a report on Wednesday, September 11th. Scotiabank dropped their price target on Kilroy Realty from $41.00 to $38.00 and set a "sector perform" rating on the stock in a research note on Wednesday, August 7th. KeyCorp decreased their price target on Kilroy Realty from $45.00 to $42.00 and set an "overweight" rating for the company in a report on Tuesday, July 2nd. Finally, Evercore ISI raised their target price on Kilroy Realty from $38.00 to $40.00 and gave the company an "in-line" rating in a research report on Monday, September 16th. Six analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $39.29.

Kilroy Realty Stock Up 0.5 %

NYSE KRC traded up $0.21 during trading hours on Monday, reaching $41.63. 930,241 shares of the company's stock were exchanged, compared to its average volume of 1,052,682. The company has a debt-to-equity ratio of 0.91, a quick ratio of 3.61 and a current ratio of 3.61. Kilroy Realty has a one year low of $27.39 and a one year high of $43.78. The company's 50-day moving average is $37.95 and its two-hundred day moving average is $34.99. The company has a market capitalization of $4.89 billion, a price-to-earnings ratio of 24.16 and a beta of 1.04.

Kilroy Realty (NYSE:KRC - Get Free Report) last issued its quarterly earnings results on Wednesday, July 31st. The real estate investment trust reported $0.41 EPS for the quarter, missing the consensus estimate of $1.08 by ($0.67). Kilroy Realty had a return on equity of 3.52% and a net margin of 17.91%. The business had revenue of $280.73 million for the quarter, compared to the consensus estimate of $276.81 million. During the same period last year, the firm earned $1.19 earnings per share. The company's quarterly revenue was down 1.2% compared to the same quarter last year. On average, analysts forecast that Kilroy Realty will post 4.25 EPS for the current fiscal year.

Insider Buying and Selling

In other news, EVP John Osmond sold 2,628 shares of Kilroy Realty stock in a transaction on Wednesday, September 18th. The shares were sold at an average price of $40.00, for a total value of $105,120.00. Following the transaction, the executive vice president now directly owns 8,818 shares of the company's stock, valued at $352,720. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. In related news, CAO Merryl Elizabeth Werber sold 3,000 shares of the firm's stock in a transaction on Wednesday, September 18th. The shares were sold at an average price of $39.14, for a total transaction of $117,420.00. Following the completion of the sale, the chief accounting officer now directly owns 26,401 shares of the company's stock, valued at approximately $1,033,335.14. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP John Osmond sold 2,628 shares of the firm's stock in a transaction on Wednesday, September 18th. The stock was sold at an average price of $40.00, for a total value of $105,120.00. Following the transaction, the executive vice president now owns 8,818 shares in the company, valued at $352,720. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 2.49% of the company's stock.

Institutional Investors Weigh In On Kilroy Realty

A number of institutional investors and hedge funds have recently modified their holdings of KRC. abrdn plc grew its stake in Kilroy Realty by 9.0% in the 3rd quarter. abrdn plc now owns 23,661 shares of the real estate investment trust's stock valued at $916,000 after buying an additional 1,962 shares during the last quarter. DekaBank Deutsche Girozentrale raised its holdings in Kilroy Realty by 19.3% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 46,597 shares of the real estate investment trust's stock worth $1,768,000 after buying an additional 7,533 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Kilroy Realty by 24.8% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 6,288 shares of the real estate investment trust's stock worth $246,000 after buying an additional 1,251 shares during the last quarter. Ballentine Partners LLC grew its holdings in Kilroy Realty by 8.0% during the third quarter. Ballentine Partners LLC now owns 18,733 shares of the real estate investment trust's stock worth $725,000 after purchasing an additional 1,394 shares during the period. Finally, International Assets Investment Management LLC grew its position in shares of Kilroy Realty by 4,454.4% in the third quarter. International Assets Investment Management LLC now owns 13,390 shares of the real estate investment trust's stock valued at $518,000 after purchasing an additional 13,096 shares during the last quarter. 94.22% of the stock is 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.