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

Shares of Kilroy Realty Co. (NYSE:KRC - Get Free Report) have received a consensus recommendation of "Hold" from the eleven ratings firms that are covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $38.82.

A number of research analysts have recently commented on the stock. Wells Fargo & Company downgraded shares of Kilroy Realty from an "overweight" rating to an "equal weight" rating and dropped their price objective for the company from $43.00 to $35.00 in a research note on Monday, March 10th. The Goldman Sachs Group restated a "neutral" rating and issued a $36.00 price target (down previously from $42.00) on shares of Kilroy Realty in a report on Friday, March 28th. Barclays raised Kilroy Realty from an "equal weight" rating to an "overweight" rating and increased their price target for the company from $42.00 to $44.00 in a report on Thursday, February 27th. Jefferies Financial Group started coverage on Kilroy Realty in a report on Monday, March 17th. They issued a "hold" rating and a $34.00 price target for the company. Finally, KeyCorp reduced their price target on Kilroy Realty from $45.00 to $41.00 and set an "overweight" rating for the company in a report on Monday, March 31st.

Insider Activity at Kilroy Realty

In other news, insider A. Robert Paratte sold 6,000 shares of the business's stock in a transaction on Monday, March 24th. The stock was sold at an average price of $34.74, for a total transaction of $208,440.00. Following the sale, the insider now directly owns 86,744 shares of the company's stock, valued at $3,013,486.56. The trade was a 6.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP John Osmond sold 4,000 shares of the business's stock in a transaction on Tuesday, March 25th. The stock was sold at an average price of $35.16, for a total value of $140,640.00. Following the sale, the executive vice president now directly owns 12,528 shares in the company, valued at $440,484.48. This trade represents a 24.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.57% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Wilmington Savings Fund Society FSB bought a new stake in Kilroy Realty during the 3rd quarter valued at approximately $34,000. GAMMA Investing LLC boosted its stake in Kilroy Realty by 25.4% during the 4th 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 during the period. Green Alpha Advisors LLC boosted its stake in Kilroy Realty by 21.6% during the 4th quarter. Green Alpha Advisors LLC now owns 56,926 shares of the real estate investment trust's stock valued at $2,303,000 after purchasing an additional 10,126 shares during the period. Kera Capital Partners Inc. bought a new stake in Kilroy Realty during the 4th quarter valued at approximately $261,000. Finally, Aaron Wealth Advisors LLC boosted its stake in Kilroy Realty by 20.7% during the 4th quarter. Aaron Wealth Advisors LLC now owns 7,039 shares of the real estate investment trust's stock valued at $285,000 after purchasing an additional 1,207 shares during the period. 94.22% of the stock is owned by institutional investors and hedge funds.

Kilroy Realty Price Performance

Shares of NYSE:KRC traded up $0.69 during midday trading on Friday, hitting $32.22. 308,155 shares of the stock were exchanged, compared to its average volume of 1,230,357. The stock has a market cap of $3.81 billion, a P/E ratio of 18.20 and a beta of 1.16. 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 has a twelve month low of $27.07 and a twelve month high of $43.78. The company has a 50 day moving average price of $32.10 and a 200-day moving average price of $36.38.

Kilroy Realty (NYSE:KRC - Get Free Report) last released its quarterly earnings results on Monday, May 5th. The real estate investment trust reported $1.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.03 by ($0.01). Kilroy Realty had a return on equity of 3.75% and a net margin of 18.58%. The firm had revenue of $270.84 million for the quarter, compared to analyst estimates of $274.90 million. During the same period last year, the firm earned $1.11 EPS. The company's quarterly revenue was down 2.8% compared to the same quarter last year. On average, research analysts forecast that Kilroy Realty will post 4 earnings per share for the current year.

Kilroy Realty Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 9th. Investors of record on Monday, March 31st were given a $0.54 dividend. This represents a $2.16 annualized dividend and a yield of 6.70%. The ex-dividend date of this dividend was Monday, March 31st. Kilroy Realty's dividend payout ratio is currently 128.57%.

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.