Kilroy Realty Corporation (NYSE:KRC) Given Average Rating of "Hold" by Brokerages

Kilroy Realty Corporation (NYSE:KRC - Get Free Report) has been assigned an average rating of "Hold" from the twelve analysts that are covering the company, MarketBeat reports. Three analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $37.6364.

KRC has been the topic of a number of research reports. Mizuho dropped their target price on shares of Kilroy Realty from $43.00 to $35.00 and set a "neutral" rating on the stock in a report on Monday, July 14th. Zacks Research upgraded shares of Kilroy Realty to a "hold" rating in a report on Friday, August 8th. Wells Fargo & Company cut their price target on shares of Kilroy Realty from $35.00 to $33.00 and set an "equal weight" rating on the stock in a report on Monday, May 19th. Scotiabank cut their price target on shares of Kilroy Realty from $38.00 to $37.00 and set a "sector underperform" rating on the stock in a report on Monday, July 14th. Finally, The Goldman Sachs Group restated a "sell" rating and set a $33.00 price target on shares of Kilroy Realty in a report on Thursday.

Kilroy Realty Stock Performance

Kilroy Realty stock traded up $1.5420 during midday trading on Monday, reaching $40.4020. 196,572 shares of the stock traded hands, compared to its average volume of 1,497,281. The company has a current ratio of 2.35, a quick ratio of 2.35 and a debt-to-equity ratio of 0.82. The firm has a fifty day moving average price of $36.59 and a two-hundred day moving average price of $34.28. The firm has a market cap of $4.78 billion, a price-to-earnings ratio of 21.95 and a beta of 1.22. Kilroy Realty has a fifty-two week low of $27.07 and a fifty-two week high of $43.78.

Kilroy Realty (NYSE:KRC - Get Free Report) last posted its earnings results on Monday, July 28th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.01 by $0.12. Kilroy Realty had a net margin of 19.29% and a return on equity of 3.92%. The firm had revenue of $289.89 million during the quarter, compared to analyst estimates of $268.84 million. During the same period in the previous year, the business posted $1.10 EPS. Kilroy Realty's revenue was up 3.3% on a year-over-year basis. Kilroy Realty has set its FY 2025 guidance at 4.050-4.150 EPS. On average, equities research analysts forecast that Kilroy Realty will post 4 earnings per share for the current year.

Insider Buying and Selling

In other news, CAO Merryl Elizabeth Werber sold 6,250 shares of the business's stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $38.28, for a total transaction of $239,250.00. Following the sale, the chief accounting officer owned 26,435 shares in the company, valued at $1,011,931.80. The trade was a 19.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Eliott Trencher sold 3,997 shares of the business's stock in a transaction that occurred on Friday, August 8th. The shares were sold at an average price of $38.05, for a total transaction of $152,085.85. Following the transaction, the executive vice president directly owned 43,826 shares in the company, valued at $1,667,579.30. The trade was a 8.36% 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

A number of hedge funds and other institutional investors have recently bought and sold shares of KRC. Norges Bank acquired a new position in shares of Kilroy Realty in the 2nd quarter valued at $310,746,000. Rush Island Management LP acquired a new position in shares of Kilroy Realty in the 4th quarter valued at $109,502,000. Daiwa Securities Group Inc. increased its position in shares of Kilroy Realty by 168.6% during the 2nd quarter. Daiwa Securities Group Inc. now owns 3,562,992 shares of the real estate investment trust's stock worth $122,246,000 after purchasing an additional 2,236,539 shares in the last quarter. Bamco Inc. NY acquired a new stake in shares of Kilroy Realty during the 4th quarter worth about $58,747,000. Finally, Northern Trust Corp increased its position in shares of Kilroy Realty by 107.5% during the 4th quarter. Northern Trust Corp now owns 2,096,471 shares of the real estate investment trust's stock worth $84,802,000 after purchasing an additional 1,085,914 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, 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.