Kilroy Realty Co. (NYSE:KRC) Given Average Recommendation of “Hold” by Brokerages

Kilroy Realty Co. (NYSE:KRC) has earned a consensus rating of “Hold” from the nine ratings firms that are covering the stock, Marketbeat.com reports. Five research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $38.33.

KRC has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft lowered their price target on Kilroy Realty from $40.00 to $34.00 and set a “hold” rating for the company in a research report on Thursday, May 30th. Scotiabank dropped their target price on Kilroy Realty from $41.00 to $38.00 and set a “sector perform” rating on the stock in a research report on Wednesday, August 7th. Finally, KeyCorp decreased their price objective on shares of Kilroy Realty from $45.00 to $42.00 and set an “overweight” rating for the company in a research note on Tuesday, July 2nd.

Institutional Investors Weigh In On Kilroy Realty

Institutional investors have recently bought and sold shares of the company. Parallel Advisors LLC boosted its stake in Kilroy Realty by 6.4% during the 4th quarter. Parallel Advisors LLC now owns 4,932 shares of the real estate investment trust’s stock worth $196,000 after purchasing an additional 295 shares during the last quarter. Wiser Advisor Group LLC raised its stake in 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 purchasing an additional 305 shares during the period. State of Alaska Department of Revenue raised its holdings in Kilroy Realty by 0.5% in the 1st quarter. State of Alaska Department of Revenue now owns 67,153 shares of the real estate investment trust’s stock valued at $2,444,000 after buying an additional 349 shares during the period. Mercer Global Advisors Inc. ADV lifted its holdings in shares of Kilroy Realty by 6.0% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 6,765 shares of the real estate investment trust’s stock worth $210,000 after acquiring an additional 383 shares during the last quarter. Finally, Ballentine Partners LLC boosted its holdings in Kilroy Realty by 2.7% during the 1st quarter. Ballentine Partners LLC now owns 16,809 shares of the real estate investment trust’s stock valued at $612,000 after acquiring an additional 438 shares during the period. 94.22% of the stock is currently owned by institutional investors and hedge funds.

Kilroy Realty Stock Down 0.1 %

NYSE:KRC opened at $36.27 on Monday. The company has a debt-to-equity ratio of 0.91, a current ratio of 3.61 and a quick ratio of 3.61. Kilroy Realty has a 1-year low of $26.78 and a 1-year high of $43.37. The company has a 50-day moving average of $34.08 and a 200 day moving average of $34.20. The firm has a market cap of $4.26 billion, a PE ratio of 20.84 and a beta of 1.04.

Kilroy Realty (NYSE:KRC) last announced its earnings results on Wednesday, July 31st. The real estate investment trust reported $0.41 earnings per share (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 company 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 business posted $1.19 EPS. The firm’s revenue was down 1.2% compared to the same quarter last year. As a group, research analysts anticipate that Kilroy Realty will post 4.25 EPS for the current fiscal year.

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.