Todays Report: Today: Kilroy Realty Corp. (KRC) Rating Reiterate by Evercore ISI

Today: Kilroy Realty Corp. (KRC) Rating Reiterate by Evercore ISI

Kilroy Realty Corp. (NYSE:KRC)‘s stock had its “hold” rating reissued by analysts at Evercore ISI in a research report issued on Monday.

KRC has been the subject of several other reports. Stifel Nicolaus increased their price objective on shares of Kilroy Realty Corp. from $75.00 to $80.00 and gave the company a “buy” rating in a report on Thursday, September 1st. Zacks Investment Research cut shares of Kilroy Realty Corp. from a “buy” rating to a “hold” rating in a report on Thursday, November 17th. Robert W. Baird reiterated an “outperform” rating and issued a $78.00 price objective on shares of Kilroy Realty Corp. in a report on Friday, August 26th. BTIG Research began coverage on shares of Kilroy Realty Corp. in a report on Thursday, August 25th. They issued a “buy” rating and a $80.00 price objective for the company. Finally, Bank of America Corp. upgraded shares of Kilroy Realty Corp. from a “neutral” rating to a “buy” rating and set a $81.00 price objective for the company in a report on Friday, October 14th. Five analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Kilroy Realty Corp. has an average rating of “Buy” and an average price target of $76.42.

Kilroy Realty Corp. (NYSE:KRC) opened at 73.04 on Monday. The firm has a 50-day moving average price of $70.31 and a 200 day moving average price of $68.36. The firm has a market capitalization of $6.74 billion, a P/E ratio of 24.74 and a beta of 0.82. Kilroy Realty Corp. has a one year low of $46.76 and a one year high of $74.17.

Kilroy Realty Corp. (NYSE:KRC) last posted its earnings results 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. Kilroy Realty Corp. had a net margin of 46.62% and a return on equity of 8.94%. The firm earned $168.30 million during the quarter, compared to analysts’ expectations of $144.06 million. During the same quarter in the prior year, the firm earned $0.77 EPS. Kilroy Realty Corp.’s quarterly revenue was up 18.9% on a year-over-year basis. Equities research analysts anticipate that Kilroy Realty Corp. will post $3.45 earnings per share for the current year.

Several large investors have recently modified their holdings of KRC. Cohen & Steers Inc. increased its stake in shares of Kilroy Realty Corp. by 23.2% in the second quarter. Cohen & Steers Inc. now owns 18,674,882 shares of the real estate investment trust’s stock valued at $603,946,000 after buying an additional 3,510,750 shares during the period. Lasalle Investment Management Securities LLC increased its stake in shares of Kilroy Realty Corp. by 4,974.5% in the second quarter. Lasalle Investment Management Securities LLC now owns 1,791,304 shares of the real estate investment trust’s stock valued at $118,746,000 after buying an additional 1,756,004 shares during the period. Strs Ohio increased its stake in shares of Kilroy Realty Corp. by 449.4% in the third quarter. Strs Ohio now owns 759,723 shares of the real estate investment trust’s stock valued at $52,686,000 after buying an additional 621,444 shares during the period. Emerald Acquisition Ltd. purchased a new stake in shares of Kilroy Realty Corp. during the second quarter valued at approximately $30,425,000. Finally, PGGM Investments increased its stake in shares of Kilroy Realty Corp. by 24.5% in the third quarter. PGGM Investments now owns 2,157,000 shares of the real estate investment trust’s stock valued at $149,588,000 after buying an additional 425,129 shares during the period.

About Kilroy Realty Corp.

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