Kilroy Realty Co. (NYSE:KRC) Receives Consensus Recommendation of "Hold" from Analysts

Kilroy Realty Co. (NYSE:KRC - Get Free Report) has been given an average recommendation of "Hold" by the eight research firms that are presently covering the stock, MarketBeat Ratings reports. Six research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $38.43.

KRC has been the subject of a number of research analyst reports. Evercore ISI increased their price target on shares of Kilroy Realty from $38.00 to $40.00 and gave the stock an "in-line" rating in a research report on Monday, September 16th. Wells Fargo & Company reduced their price objective on shares of Kilroy Realty from $39.00 to $38.00 and set an "overweight" rating for the company in a research note on Wednesday, September 11th. Scotiabank decreased their target price on Kilroy Realty from $41.00 to $38.00 and set a "sector perform" rating for the company in a research note on Wednesday, August 7th. Finally, KeyCorp dropped their price objective on shares of Kilroy Realty from $45.00 to $42.00 and set an "overweight" rating on the stock in a report on Tuesday, July 2nd.

Insider Buying and Selling

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

Institutional Investors Weigh In On Kilroy Realty

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Fidelis Capital Partners LLC acquired a new stake in Kilroy Realty in the first quarter worth about $26,000. Wiser Advisor Group LLC raised its stake in shares of Kilroy Realty by 67.5% during the first quarter. Wiser Advisor Group LLC now owns 757 shares of the real estate investment trust's stock worth $28,000 after buying an additional 305 shares during the last quarter. UMB Bank n.a. lifted its holdings in Kilroy Realty by 126.5% in the third quarter. UMB Bank n.a. now owns 967 shares of the real estate investment trust's stock valued at $37,000 after buying an additional 540 shares during the period. Blue Trust Inc. boosted its stake in Kilroy Realty by 1,322.9% in the second quarter. Blue Trust Inc. now owns 1,366 shares of the real estate investment trust's stock valued at $43,000 after acquiring an additional 1,270 shares during the last quarter. Finally, Versant Capital Management Inc grew its holdings in Kilroy Realty by 2,510.7% during the 2nd quarter. Versant Capital Management Inc now owns 1,462 shares of the real estate investment trust's stock worth $46,000 after acquiring an additional 1,406 shares during the period. Institutional investors own 94.22% of the company's stock.

Kilroy Realty Trading Down 0.5 %

KRC traded down $0.22 during trading on Tuesday, reaching $41.96. The company had a trading volume of 880,567 shares, compared to its average volume of 1,053,415. 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 12-month low of $26.78 and a 12-month high of $43.78. The company has a market cap of $4.92 billion, a price-to-earnings ratio of 24.11 and a beta of 1.04. The firm's 50-day simple moving average is $37.46 and its 200 day simple moving average is $34.85.

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 net margin of 17.91% and a return on equity of 3.52%. The firm had revenue of $280.73 million during the quarter, compared to analysts' expectations of $276.81 million. During the same quarter last year, the company posted $1.19 EPS. The firm's revenue was down 1.2% compared to the same quarter last year. Equities research analysts anticipate that Kilroy Realty will post 4.26 earnings per share for the current year.

Kilroy Realty Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 9th. Shareholders of record on Monday, September 30th were given a $0.54 dividend. The ex-dividend date was Monday, September 30th. This represents a $2.16 dividend on an annualized basis and a yield of 5.15%. Kilroy Realty's dividend payout ratio (DPR) is presently 124.14%.

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.