Kilroy Realty Co. (NYSE:KRC) Receives Average Rating of “Hold” from Analysts

Kilroy Realty Co. (NYSE:KRC) has been assigned an average rating of “Hold” from the eleven analysts that are currently covering the firm, MarketBeat Ratings reports. Six analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $39.00.

Several equities analysts have issued reports on KRC shares. Royal Bank of Canada lowered shares of Kilroy Realty from an “outperform” rating to a “sector perform” rating and cut their price target for the stock from $44.00 to $39.00 in a report on Friday, March 8th. Deutsche Bank Aktiengesellschaft began coverage on Kilroy Realty in a research report on Tuesday, January 30th. They set a “hold” rating and a $40.00 target price on the stock. Barclays started coverage on Kilroy Realty in a report on Wednesday, March 27th. They issued an “equal weight” rating and a $38.00 price target for the company. Finally, KeyCorp decreased their price objective on shares of Kilroy Realty from $47.00 to $45.00 and set an “overweight” rating for the company in a research report on Wednesday, February 28th.

Kilroy Realty Price Performance

KRC opened at $34.40 on Tuesday. The firm has a market capitalization of $4.04 billion, a PE ratio of 19.11, a price-to-earnings-growth ratio of 2.46 and a beta of 1.02. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.65 and a quick ratio of 2.65. The business’s 50-day moving average is $35.08 and its two-hundred day moving average is $35.15. Kilroy Realty has a 1 year low of $25.99 and a 1 year high of $43.37.

Kilroy Realty Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 10th. Shareholders of record on Friday, March 29th were paid a dividend of $0.54 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $2.16 dividend on an annualized basis and a dividend yield of 6.28%. Kilroy Realty’s payout ratio is currently 120.00%.

Institutional Trading of Kilroy Realty

Hedge funds have recently modified their holdings of the stock. Principal Securities Inc. acquired a new position in shares of Kilroy Realty in the fourth quarter worth about $33,000. Global Retirement Partners LLC increased its position in shares of Kilroy Realty by 458.9% during the fourth quarter. Global Retirement Partners LLC now owns 1,006 shares of the real estate investment trust’s stock worth $40,000 after purchasing an additional 826 shares in the last quarter. GAMMA Investing LLC acquired a new stake in shares of Kilroy Realty in the fourth quarter valued at about $41,000. Covestor Ltd boosted its position in Kilroy Realty by 23.8% during the third quarter. Covestor Ltd now owns 1,933 shares of the real estate investment trust’s stock worth $61,000 after acquiring an additional 372 shares during the last quarter. Finally, Quest Partners LLC purchased a new stake in Kilroy Realty during the 4th quarter valued at about $87,000. Hedge funds and other institutional investors own 94.22% of the company’s stock.

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.