Kilroy Realty Co. (NYSE:KRC) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Kilroy Realty Co. (NYSE:KRCGet Rating) have been assigned a consensus rating of “Moderate Buy” from the thirteen research firms that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation and eight have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $68.00.

KRC has been the topic of a number of research analyst reports. Wells Fargo & Company dropped their target price on shares of Kilroy Realty from $60.00 to $57.00 and set an “overweight” rating on the stock in a research note on Tuesday, August 30th. Mizuho dropped their target price on shares of Kilroy Realty from $77.00 to $60.00 and set a “buy” rating on the stock in a research note on Wednesday, July 6th. BMO Capital Markets cut shares of Kilroy Realty from an “outperform” rating to a “market perform” rating and dropped their target price for the company from $84.00 to $70.00 in a research note on Tuesday, May 31st. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Kilroy Realty from $75.00 to $60.00 in a research note on Wednesday, July 20th. Finally, Royal Bank of Canada dropped their target price on shares of Kilroy Realty from $80.00 to $68.00 and set an “outperform” rating on the stock in a research note on Tuesday, July 5th.

Kilroy Realty Stock Up 1.6 %

Kilroy Realty stock opened at $49.45 on Thursday. Kilroy Realty has a fifty-two week low of $47.17 and a fifty-two week high of $79.06. The stock has a market cap of $5.78 billion, a PE ratio of 29.97, a price-to-earnings-growth ratio of 1.49 and a beta of 0.81. The firm’s 50-day simple moving average is $51.86 and its 200 day simple moving average is $61.56. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.88 and a current ratio of 1.88.

Institutional Investors Weigh In On Kilroy Realty

Institutional investors have recently made changes to their positions in the business. Ronald Blue Trust Inc. purchased a new stake in Kilroy Realty during the 2nd quarter valued at $31,000. UMB Bank N A MO raised its holdings in Kilroy Realty by 632.7% in the 1st quarter. UMB Bank N A MO now owns 403 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 348 shares in the last quarter. Acadian Asset Management LLC bought a new position in Kilroy Realty in the 4th quarter worth $31,000. Signaturefd LLC raised its holdings in Kilroy Realty by 42.5% in the 1st quarter. Signaturefd LLC now owns 808 shares of the real estate investment trust’s stock worth $62,000 after purchasing an additional 241 shares in the last quarter. Finally, Captrust Financial Advisors bought a new position in Kilroy Realty in the 2nd quarter worth $59,000. Hedge funds and other institutional investors own 90.12% of the company’s stock.

About Kilroy Realty

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Kilroy Realty Corporation (NYSE: KRC, the company, KRC) is a leading West Coast landlord and developer, with a major presence in San Diego, Greater Los Angeles, the San Francisco Bay Area, and the Pacific Northwest. The company has earned global recognition for sustainability, building operations, innovation and design.

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Analyst Recommendations for Kilroy Realty (NYSE:KRC)

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