Kilroy Realty (NYSE:KRC) Lowered to "Sell" Rating by Wall Street Zen

Key Points

• Wall Street Zen downgraded Kilroy Realty from “hold” to “sell,” while the broader analyst consensus remains “Hold,” with five Buy, nine Hold, and two Sell ratings and an average price target of $39.47.
• Kilroy Realty reported quarterly EPS of $0.17, well below the $0.90 consensus estimate, while revenue of $272.37 million exceeded expectations but declined 6% year over year.
• The stock opened at $34.98, below its 50-day moving average of $37.74, and an insider sold 15,800 shares; institutional investors and hedge funds collectively own 94.22% of the company.

Kilroy Realty (NYSE:KRC - Get Free Report) was downgraded by equities research analysts at Wall Street Zen from a "hold" rating to a "sell" rating in a research note issued on Saturday, Wall Street Zen reports.

Several other equities analysts have also recently commented on the stock. Mizuho raised their target price on shares of Kilroy Realty from $29.00 to $34.00 and gave the company an "underperform" rating in a research note on Tuesday, July 21st. JPMorgan Chase & Co. cut their price target on shares of Kilroy Realty from $40.00 to $39.00 and set a "neutral" rating for the company in a report on Tuesday, July 21st. Evercore raised Kilroy Realty from an "in-line" rating to an "outperform" rating and set a $42.00 price objective for the company in a research note on Monday, June 8th. The Goldman Sachs Group raised their target price on shares of Kilroy Realty from $28.00 to $31.00 and gave the stock a "sell" rating in a report on Wednesday, July 29th. Finally, Needham & Company LLC restated a "buy" rating on shares of Kilroy Realty in a research report on Monday, June 8th. Five research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Kilroy Realty currently has an average rating of "Hold" and an average target price of $39.47.

Kilroy Realty Price Performance

Shares of NYSE:KRC opened at $34.98 on Friday. The firm's 50 day moving average is $37.74 and its two-hundred day moving average is $34.55. Kilroy Realty has a 52 week low of $27.36 and a 52 week high of $45.03. The firm has a market capitalization of $4.07 billion, a P/E ratio of 24.63 and a beta of 1.11. The company has a current ratio of 2.65, a quick ratio of 2.65 and a debt-to-equity ratio of 0.83.

Kilroy Realty (NYSE:KRC - Get Free Report) last released its quarterly earnings results on Monday, July 27th. The real estate investment trust reported $0.17 earnings per share for the quarter, missing analysts' consensus estimates of $0.90 by ($0.73). Kilroy Realty had a net margin of 15.47% and a return on equity of 3.04%. The business had revenue of $272.37 million for the quarter, compared to the consensus estimate of $267.39 million. During the same period last year, the firm posted $1.13 EPS. The business's quarterly revenue was down 6.0% on a year-over-year basis. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. Analysts anticipate that Kilroy Realty will post 3.59 earnings per share for the current year.

Insider Buying and Selling

In other Kilroy Realty news, Director Jolie Hunt sold 15,800 shares of Kilroy Realty stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $37.79, for a total transaction of $597,082.00. Following the transaction, the director owned 13,892 shares of the company's stock, valued at $524,978.68. The trade was a 53.21% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.83% of the company's stock.

Institutional Trading of Kilroy Realty

Several institutional investors have recently made changes to their positions in the stock. Quadrant Capital Group LLC increased its stake in Kilroy Realty by 2.8% in the 3rd quarter. Quadrant Capital Group LLC now owns 10,881 shares of the real estate investment trust's stock valued at $460,000 after buying an additional 295 shares during the period. Parallel Advisors LLC boosted its stake in shares of Kilroy Realty by 9.6% during the 4th quarter. Parallel Advisors LLC now owns 3,650 shares of the real estate investment trust's stock valued at $136,000 after buying an additional 320 shares during the period. NorthRock Partners LLC boosted its stake in shares of Kilroy Realty by 4.0% during the 3rd quarter. NorthRock Partners LLC now owns 11,907 shares of the real estate investment trust's stock valued at $503,000 after buying an additional 460 shares during the period. State of Michigan Retirement System grew its holdings in shares of Kilroy Realty by 1.9% during the 1st quarter. State of Michigan Retirement System now owns 26,265 shares of the real estate investment trust's stock valued at $741,000 after acquiring an additional 500 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of Kilroy Realty by 36.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,888 shares of the real estate investment trust's stock valued at $65,000 after acquiring an additional 502 shares in the last quarter. 94.22% of the stock is currently owned by institutional investors and hedge funds.

Kilroy Realty Company Profile

Kilroy Realty Corporation NYSE: KRC is a real estate investment trust that owns, develops, acquires and manages office, life science and mixed-use properties. Its portfolio is concentrated in high-demand technology and innovation markets, with properties designed to serve businesses in sectors such as technology, media, entertainment and life sciences.

The company's operations are primarily focused on coastal markets in the western United States, including the San Francisco Bay Area, Greater Los Angeles and San Diego, as well as the Pacific Northwest.

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