Kilroy Realty Co. (NYSE:KRC) Given Consensus Rating of “Hold” by Analysts

Shares of Kilroy Realty Co. (NYSE:KRC) have been assigned an average recommendation of “Hold” from the eleven ratings firms that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $41.45.

A number of equities analysts have weighed in on KRC shares. JPMorgan Chase & Co. upgraded shares of Kilroy Realty from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $45.00 to $49.00 in a research 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 for the company. in a report on Thursday, November 14th. Mizuho reiterated a “neutral” rating and issued a $43.00 price objective (down from $45.00) on shares of Kilroy Realty in a research note on Tuesday, January 7th. Evercore ISI dropped their target price on Kilroy Realty from $43.00 to $41.00 and set an “in-line” rating on the stock in a research report on Wednesday, February 12th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $44.00 price target on shares of Kilroy Realty in a report on Monday, February 10th.

Insider Activity at Kilroy Realty

In other news, CEO Angela M. Aman bought 2,797 shares of the company’s stock in a transaction dated Friday, February 28th. The shares were purchased 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 in the company, valued at approximately $99,153.65. This represents a ∞ increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 2.49% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Kilroy Realty

Several institutional investors and hedge funds have recently made changes to their positions in the company. Wilmington Savings Fund Society FSB bought a new position in Kilroy Realty in the 3rd quarter valued at approximately $34,000. Summit Securities Group LLC purchased a new position in shares of Kilroy Realty in the fourth quarter worth $49,000. GAMMA Investing LLC lifted its holdings in shares of Kilroy Realty by 25.4% during the fourth quarter. GAMMA Investing LLC now owns 1,848 shares of the real estate investment trust’s stock valued at $75,000 after purchasing an additional 374 shares in the last quarter. GF Fund Management CO. LTD. purchased a new stake in shares of Kilroy Realty during the fourth quarter valued at $82,000. Finally, Fifth Third Bancorp increased its holdings in Kilroy Realty by 31.7% in the 4th quarter. Fifth Third Bancorp now owns 2,523 shares of the real estate investment trust’s stock worth $102,000 after buying an additional 607 shares in the last quarter. Institutional investors own 94.22% of the company’s stock.

Kilroy Realty Price Performance

Kilroy Realty stock opened at $35.72 on Monday. The business’s 50 day simple moving average is $37.59 and its 200 day simple moving average is $38.41. Kilroy Realty has a 12 month low of $30.71 and a 12 month high of $43.78. The company has a market cap of $4.22 billion, a price-to-earnings ratio of 20.18 and a beta of 1.02. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.82.

Kilroy Realty (NYSE:KRC) last issued its quarterly earnings results on Monday, February 10th. The real estate investment trust reported $1.20 EPS for the quarter, beating analysts’ consensus estimates of $1.03 by $0.17. Kilroy Realty had a return on equity of 3.75% and a net margin of 18.58%. Sell-side analysts forecast that Kilroy Realty will post 4 EPS for the current year.

Kilroy Realty Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Monday, March 31st will be paid a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a yield of 6.05%. The ex-dividend date is Monday, March 31st. Kilroy Realty’s payout ratio is 122.03%.

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.