Mizuho Downgrades Kilroy Realty (NYSE:KRC) to Strong Sell

Kilroy Realty (NYSE:KRC) was downgraded by equities researchers at Mizuho from a “hold” rating to a “strong sell” rating in a note issued to investors on Tuesday, Marketbeat Ratings reports. They currently have a $29.00 price objective on the real estate investment trust’s stock, down from their previous price objective of $37.00. Mizuho’s target price would indicate a potential downside of 7.93% from the company’s previous close.

Several other equities research analysts have also commented on KRC. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $35.00 price target on shares of Kilroy Realty in a research report on Tuesday, January 6th. Citigroup cut their target price on shares of Kilroy Realty from $42.00 to $34.00 and set a “neutral” rating for the company in a research report on Thursday, February 12th. KeyCorp reiterated a “sector weight” rating on shares of Kilroy Realty in a research report on Thursday, December 4th. Wall Street Zen cut shares of Kilroy Realty from a “hold” rating to a “sell” rating in a research note on Saturday, February 14th. Finally, BMO Capital Markets restated a “market perform” rating on shares of Kilroy Realty in a research note on Wednesday, January 7th. One equities research analyst has rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Kilroy Realty presently has a consensus rating of “Reduce” and a consensus price target of $39.86.

Kilroy Realty Price Performance

Shares of KRC opened at $31.50 on Tuesday. The firm has a fifty day simple moving average of $35.76 and a two-hundred day simple moving average of $39.44. The firm has a market cap of $3.73 billion, a PE ratio of 13.64 and a beta of 1.10. The company has a current ratio of 2.13, a quick ratio of 2.13 and a debt-to-equity ratio of 0.81. Kilroy Realty has a 1-year low of $27.07 and a 1-year high of $45.03.

Kilroy Realty (NYSE:KRC) last issued its quarterly earnings data on Monday, February 9th. The real estate investment trust reported $0.10 EPS for the quarter, missing the consensus estimate of $0.98 by ($0.88). The firm had revenue of $272.19 million during the quarter, compared to the consensus estimate of $270.21 million. Kilroy Realty had a return on equity of 4.91% and a net margin of 24.82%.The business’s revenue was down 5.0% on a year-over-year basis. During the same period in the previous year, the firm earned $1.20 EPS. Kilroy Realty has set its FY 2026 guidance at 3.250-3.450 EPS. On average, equities analysts anticipate that Kilroy Realty will post 4 EPS for the current year.

Institutional Trading of Kilroy Realty

Institutional investors and hedge funds have recently made changes to their positions in the business. Kera Capital Partners Inc. lifted its position in shares of Kilroy Realty by 48.6% during the 4th quarter. Kera Capital Partners Inc. now owns 18,391 shares of the real estate investment trust’s stock valued at $634,000 after buying an additional 6,016 shares in the last quarter. Corient Private Wealth LLC increased its holdings in Kilroy Realty by 386.6% in the 4th quarter. Corient Private Wealth LLC now owns 231,726 shares of the real estate investment trust’s stock worth $8,660,000 after acquiring an additional 184,106 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its position in Kilroy Realty by 16.7% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 72,512 shares of the real estate investment trust’s stock worth $2,710,000 after acquiring an additional 10,379 shares during the period. State of Tennessee Department of Treasury lifted its holdings in Kilroy Realty by 7.3% during the fourth quarter. State of Tennessee Department of Treasury now owns 393,798 shares of the real estate investment trust’s stock valued at $13,578,000 after purchasing an additional 26,817 shares in the last quarter. Finally, Pillsbury Lake Capital LLC acquired a new stake in shares of Kilroy Realty in the fourth quarter valued at about $8,363,000. 94.22% of the stock is currently owned by hedge funds and other institutional investors.

Kilroy Realty Company Profile

Kilroy Realty Corporation (NYSE: KRC) is a publicly traded real estate investment trust focused on the development, acquisition and management of high‐quality office and mixed‐use properties along the U.S. West Coast. The company’s portfolio encompasses major urban markets including Los Angeles, San Diego, the San Francisco Bay Area and Seattle. Kilroy Realty targets properties in transit‐oriented submarkets, blending workplace space with retail, residential and hospitality amenities to create vibrant, walkable neighborhoods.

Founded in the mid‐20th century by members of the Kilroy family, the company evolved from a regional landlord into one of the leading West Coast office landlords.