Kilroy Realty Corporation (NYSE:KRC) Receives Average Rating of "Hold" from Brokerages

Shares of Kilroy Realty Corporation (NYSE:KRC - Get Free Report) have received an average recommendation of "Hold" from the ten brokerages that are presently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $39.10.

A number of equities research analysts have weighed in on the company. JPMorgan Chase & Co. lowered their price target on Kilroy Realty from $49.00 to $42.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 2nd. KeyCorp lowered their price target on Kilroy Realty from $45.00 to $41.00 and set an "overweight" rating on the stock in a research report on Monday, March 31st. Jefferies Financial Group assumed coverage on Kilroy Realty in a research report on Monday, March 17th. They set a "hold" rating and a $34.00 price target on the stock. The Goldman Sachs Group restated a "neutral" rating and set a $36.00 price target (down previously from $42.00) on shares of Kilroy Realty in a research report on Friday, March 28th. Finally, Royal Bank Of Canada lowered their price target on Kilroy Realty from $44.00 to $39.00 and set a "sector perform" rating on the stock in a research report on Monday, March 10th.

Kilroy Realty Price Performance

Shares of NYSE KRC opened at $34.76 on Friday. The stock has a market capitalization of $4.11 billion, a PE ratio of 20.69 and a beta of 1.18. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.07 and a quick ratio of 2.07. The business has a fifty day moving average price of $33.09 and a two-hundred day moving average price of $34.86. 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 issued its quarterly earnings data on Monday, May 5th. The real estate investment trust reported $1.02 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.03 by ($0.01). Kilroy Realty had a return on equity of 3.57% and a net margin of 17.74%. The business had revenue of $270.84 million during the quarter, compared to analysts' expectations of $274.90 million. During the same quarter last year, the business posted $1.11 EPS. The company's quarterly revenue was down 2.8% on a year-over-year basis. As a group, equities analysts predict that Kilroy Realty will post 4 earnings per share for the current fiscal year.

Kilroy Realty Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 9th. Investors of record on Monday, June 30th will be paid a $0.54 dividend. The ex-dividend date is Monday, June 30th. This represents a $2.16 annualized dividend and a dividend yield of 6.21%. Kilroy Realty's payout ratio is presently 128.57%.

Institutional Trading of Kilroy Realty

Several large investors have recently modified their holdings of the business. M&T Bank Corp boosted its position in Kilroy Realty by 1.3% during the 4th quarter. M&T Bank Corp now owns 22,889 shares of the real estate investment trust's stock valued at $926,000 after acquiring an additional 293 shares in the last quarter. US Bancorp DE boosted its position in Kilroy Realty by 3.4% during the 4th quarter. US Bancorp DE now owns 9,680 shares of the real estate investment trust's stock valued at $392,000 after acquiring an additional 317 shares in the last quarter. Treasurer of the State of North Carolina boosted its position in Kilroy Realty by 0.6% during the 4th quarter. Treasurer of the State of North Carolina now owns 51,388 shares of the real estate investment trust's stock valued at $2,079,000 after acquiring an additional 320 shares in the last quarter. Sanctuary Advisors LLC boosted its position in Kilroy Realty by 5.1% during the 4th quarter. Sanctuary Advisors LLC now owns 7,114 shares of the real estate investment trust's stock valued at $277,000 after acquiring an additional 347 shares in the last quarter. Finally, Nissay Asset Management Corp Japan ADV boosted its position in Kilroy Realty by 2.4% during the 1st quarter. Nissay Asset Management Corp Japan ADV now owns 15,632 shares of the real estate investment trust's stock valued at $512,000 after acquiring an additional 369 shares in the last quarter. 94.22% of the stock is owned by institutional investors.

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.

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