Kilroy Realty (NYSE:KRC) Earns Hold Rating from Analysts at Jefferies Financial Group

Equities researchers at Jefferies Financial Group began coverage on shares of Kilroy Realty (NYSE:KRC) in a research report issued to clients and investors on Monday, MarketBeat reports. The firm set a “hold” rating and a $34.00 price target on the real estate investment trust’s stock. Jefferies Financial Group’s price objective points to a potential upside of 2.55% from the stock’s current price.

Several other brokerages have also recently commented on KRC. Evercore ISI decreased their target price on Kilroy Realty from $43.00 to $41.00 and set an “in-line” rating on the stock in a report on Wednesday, February 12th. Mizuho restated a “neutral” rating and issued a $43.00 price objective (down previously from $45.00) on shares of Kilroy Realty in a research report on Tuesday, January 7th. Wells Fargo & Company lowered shares of Kilroy Realty from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $43.00 to $35.00 in a research report on Monday, March 10th. Royal Bank of Canada dropped their price objective on shares of Kilroy Realty from $44.00 to $39.00 and set a “sector perform” rating for the company in a research report on Monday, March 10th. Finally, The Goldman Sachs Group reduced their price objective on Kilroy Realty from $48.00 to $42.00 and set a “buy” rating on the stock in a report on Thursday, February 20th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $40.09.

Kilroy Realty Trading Up 3.5 %

Shares of KRC stock opened at $33.15 on Monday. The company has a market capitalization of $3.92 billion, a P/E ratio of 18.73 and a beta of 1.02. Kilroy Realty has a 12-month low of $30.71 and a 12-month high of $43.78. The company has a quick ratio of 2.21, a current ratio of 2.21 and a debt-to-equity ratio of 0.82. The firm has a 50-day moving average price of $36.06 and a 200 day moving average price of $38.37.

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

Insider Buying and Selling

In other Kilroy Realty news, CEO Angela M. Aman purchased 2,797 shares of the stock in a transaction on Friday, February 28th. The stock was bought at an average cost of $35.45 per share, for a total transaction of $99,153.65. Following the completion of the acquisition, the chief executive officer now directly owns 2,797 shares of the company’s stock, valued at $99,153.65. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 2.49% of the stock is owned by insiders.

Hedge Funds Weigh In On Kilroy Realty

Several institutional investors and hedge funds have recently modified their holdings of KRC. Wilmington Savings Fund Society FSB bought a new position in Kilroy Realty in the third quarter valued at approximately $34,000. Summit Securities Group LLC acquired a new stake in shares of Kilroy Realty during the fourth quarter worth $49,000. GAMMA Investing LLC raised 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 worth $75,000 after acquiring an additional 374 shares during the period. GF Fund Management CO. LTD. bought a new stake in Kilroy Realty in the 4th quarter valued at $82,000. Finally, Fifth Third Bancorp boosted its stake 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 purchasing an additional 607 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.