Today: Kilroy Realty Corp. (KRC) Given Average Rating of “Buy” by Analysts

Today: Kilroy Realty Corp. (KRC) Given Average Rating of “Buy” by Analysts

Shares of Kilroy Realty Corp. (NYSE:KRC) have earned an average recommendation of “Buy” from the thirteen research firms that are presently covering the company. Five investment analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 12 month price target among analysts that have covered the stock in the last year is $77.00.

Several analysts have recently commented on the stock. Evercore ISI downgraded shares of Kilroy Realty Corp. from a “buy” rating to a “hold” rating in a research report on Monday. Zacks Investment Research raised shares of Kilroy Realty Corp. from a “hold” rating to a “buy” rating and set a $79.00 price objective for the company in a research report on Wednesday, November 16th. Stifel Nicolaus increased their target price on Kilroy Realty Corp. from $75.00 to $80.00 and gave the stock a “buy” rating in a report on Thursday, September 1st. BTIG Research initiated coverage on Kilroy Realty Corp. in a report on Thursday, August 25th. They issued a “buy” rating and a $80.00 target price on the stock. Finally, Bank of America Corp. upgraded Kilroy Realty Corp. from a “neutral” rating to a “buy” rating and set a $81.00 target price on the stock in a report on Friday, October 14th.

Shares of Kilroy Realty Corp. (NYSE:KRC) traded down 0.52% during trading on Monday, reaching $72.66. 303,566 shares of the company were exchanged. Kilroy Realty Corp. has a one year low of $46.76 and a one year high of $74.17. The company has a market capitalization of $6.70 billion, a PE ratio of 24.61 and a beta of 0.82. The firm’s 50 day moving average price is $70.31 and its 200 day moving average price is $68.36.

Kilroy Realty Corp. (NYSE:KRC) last announced its quarterly earnings data on Wednesday, October 26th. The real estate investment trust reported $0.92 EPS for the quarter, topping the consensus estimate of $0.87 by $0.05. The company earned $168.30 million during the quarter, compared to the consensus estimate of $144.06 million. Kilroy Realty Corp. had a net margin of 46.62% and a return on equity of 8.94%. The company’s quarterly revenue was up 18.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.77 EPS. Equities research analysts forecast that Kilroy Realty Corp. will post $3.45 earnings per share for the current fiscal year.

Several large investors have recently made changes to their positions in KRC. Nisa Investment Advisors LLC raised its stake in shares of Kilroy Realty Corp. by 0.3% in the second quarter. Nisa Investment Advisors LLC now owns 23,375 shares of the real estate investment trust’s stock valued at $1,550,000 after buying an additional 75 shares in the last quarter. State Treasurer State of Michigan raised its stake in shares of Kilroy Realty Corp. by 0.3% in the third quarter. State Treasurer State of Michigan now owns 37,100 shares of the real estate investment trust’s stock valued at $2,573,000 after buying an additional 100 shares in the last quarter. IBM Retirement Fund raised its stake in shares of Kilroy Realty Corp. by 3.3% in the second quarter. IBM Retirement Fund now owns 9,142 shares of the real estate investment trust’s stock valued at $606,000 after buying an additional 289 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in shares of Kilroy Realty Corp. by 15.4% in the second quarter. PNC Financial Services Group Inc. now owns 2,777 shares of the real estate investment trust’s stock valued at $184,000 after buying an additional 371 shares in the last quarter. Finally, LS Investment Advisors LLC raised its stake in shares of Kilroy Realty Corp. by 7.1% in the third quarter. LS Investment Advisors LLC now owns 5,931 shares of the real estate investment trust’s stock valued at $411,000 after buying an additional 392 shares in the last quarter.

Related posts

Leave a Comment