Kilroy Realty (NYSE:KRC) Given New $35.00 Price Target at Mizuho

Kilroy Realty (NYSE:KRC - Get Free Report) had its price objective reduced by equities researchers at Mizuho from $43.00 to $35.00 in a report issued on Monday,Benzinga reports. The firm presently has a "neutral" rating on the real estate investment trust's stock. Mizuho's target price would indicate a potential downside of 3.99% from the company's current price.

A number of other research analysts have also recently issued reports on the company. Wells Fargo & Company decreased their target price on Kilroy Realty from $35.00 to $33.00 and set an "equal weight" rating on the stock in a research report on Monday, May 19th. Jefferies Financial Group started coverage on shares of Kilroy Realty in a report on Monday, March 17th. They set a "hold" rating and a $34.00 price target on the stock. The Goldman Sachs Group reiterated a "neutral" rating and set a $36.00 price objective (down from $42.00) on shares of Kilroy Realty in a research report on Friday, March 28th. Scotiabank cut their target price on shares of Kilroy Realty from $38.00 to $37.00 and set a "sector underperform" rating on the stock in a research report on Monday. Finally, JPMorgan Chase & Co. lowered their price target on shares of Kilroy Realty from $42.00 to $40.00 and set an "overweight" rating for the company in a report on Wednesday, July 2nd. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company's stock. According to MarketBeat.com, Kilroy Realty currently has a consensus rating of "Hold" and an average target price of $37.73.

Kilroy Realty Price Performance

Shares of Kilroy Realty stock traded down $0.21 on Monday, reaching $36.46. 353,872 shares of the stock were exchanged, compared to its average volume of 1,272,355. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.07 and a current ratio of 2.07. The firm has a market cap of $4.31 billion, a PE ratio of 21.66 and a beta of 1.19. The firm's 50 day moving average is $34.07 and its 200-day moving average is $34.42. Kilroy Realty has a one year low of $27.07 and a one year high of $43.78.

Kilroy Realty (NYSE:KRC - Get Free Report) last released its earnings results on Monday, May 5th. The real estate investment trust reported $1.02 earnings per share for the quarter, missing the consensus estimate 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 for the quarter, compared to the consensus estimate of $274.90 million. During the same quarter in the previous year, the company earned $1.11 earnings per share. The firm's revenue for the quarter was down 2.8% on a year-over-year basis. As a group, analysts anticipate that Kilroy Realty will post 4 EPS for the current fiscal year.

Institutional Trading of Kilroy Realty

A number of institutional investors and hedge funds have recently bought and sold shares of KRC. American National Bank & Trust bought a new position in Kilroy Realty during the 2nd quarter worth approximately $25,000. Allworth Financial LP raised its stake in Kilroy Realty by 192.1% during the first quarter. Allworth Financial LP now owns 964 shares of the real estate investment trust's stock worth $31,000 after buying an additional 634 shares during the last quarter. Summit Securities Group LLC acquired a new position in Kilroy Realty in the fourth quarter valued at $49,000. UMB Bank n.a. boosted its position in Kilroy Realty by 46.0% during the second quarter. UMB Bank n.a. now owns 1,694 shares of the real estate investment trust's stock valued at $58,000 after acquiring an additional 534 shares during the last quarter. Finally, GF Fund Management CO. LTD. acquired a new stake in Kilroy Realty during the 4th quarter worth about $82,000. 94.22% of the stock is currently owned by institutional investors and hedge funds.

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.