Kilroy Realty (NYSE:KRC - Get Free Report) had its price target cut by Mizuho from $43.00 to $35.00 in a research report issued on Monday,Benzinga reports. The firm currently has a "neutral" rating on the real estate investment trust's stock. Mizuho's price objective suggests a potential downside of 5.39% from the stock's previous close.
Other equities analysts have also issued research reports about 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. Wells Fargo & Company decreased their target price on shares of Kilroy Realty from $35.00 to $33.00 and set an "equal weight" rating for the company in a research report on Monday, May 19th. Scotiabank decreased their target price on shares of Kilroy Realty from $38.00 to $37.00 and set a "sector underperform" rating for the company in a research report on Monday. Jefferies Financial Group started coverage on shares of Kilroy Realty in a research report on Monday, March 17th. They issued a "hold" rating and a $34.00 target price for the company. Finally, KeyCorp decreased their target price on shares of Kilroy Realty from $45.00 to $41.00 and set an "overweight" rating for the company in a research report on Monday, March 31st. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, Kilroy Realty presently has a consensus rating of "Hold" and a consensus price target of $38.00.
View Our Latest Report on Kilroy Realty
Kilroy Realty Stock Performance
Shares of Kilroy Realty stock traded down $0.21 during trading on Monday, hitting $37.00. 247,229 shares of the stock were exchanged, compared to its average volume of 1,263,784. The stock's fifty day moving average is $33.72 and its 200 day moving average is $34.47. The stock has a market cap of $4.38 billion, a PE ratio of 22.02 and a beta of 1.19. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.07 and a current ratio of 2.07. Kilroy Realty has a 12 month low of $27.07 and a 12 month high of $43.78.
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 EPS for the quarter, missing the consensus estimate of $1.03 by ($0.01). The firm had revenue of $270.84 million for the quarter, compared to the consensus estimate of $274.90 million. Kilroy Realty had a return on equity of 3.57% and a net margin of 17.74%. The firm's revenue was down 2.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.11 EPS. As a group, sell-side analysts anticipate that Kilroy Realty will post 4 EPS for the current year.
Institutional Trading of Kilroy Realty
A number of hedge funds have recently bought and sold shares of the company. Treasurer of the State of North Carolina lifted its stake in Kilroy Realty by 0.6% during the fourth 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 buying an additional 320 shares in the last quarter. Nissay Asset Management Corp Japan ADV lifted its stake in Kilroy Realty by 2.4% during the first 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 buying an additional 369 shares in the last quarter. US Bancorp DE lifted its stake in Kilroy Realty by 4.1% during the first quarter. US Bancorp DE now owns 10,077 shares of the real estate investment trust's stock valued at $330,000 after buying an additional 397 shares in the last quarter. Parallel Advisors LLC lifted its stake in Kilroy Realty by 7.8% during the first quarter. Parallel Advisors LLC now owns 5,539 shares of the real estate investment trust's stock valued at $181,000 after buying an additional 401 shares in the last quarter. Finally, Intrua Financial LLC lifted its stake in Kilroy Realty by 8.3% during the first quarter. Intrua Financial LLC now owns 6,722 shares of the real estate investment trust's stock valued at $220,000 after buying an additional 513 shares in the last quarter. 94.22% of the stock is owned by hedge funds and other institutional investors.
Kilroy Realty Company Profile
(
Get Free Report)
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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