Mizuho Reiterates “Neutral” Rating for Kilroy Realty (NYSE:KRC)

Kilroy Realty (NYSE:KRC)‘s stock had its “neutral” rating reiterated by research analysts at Mizuho in a research note issued to investors on Tuesday, Marketbeat.com reports. They presently have a $43.00 price target on the real estate investment trust’s stock, down from their previous price target of $45.00. Mizuho’s target price would suggest a potential upside of 16.09% from the stock’s current price.

Other analysts have also issued research reports about the company. Wells Fargo & Company lowered their target price on Kilroy Realty from $39.00 to $38.00 and set an “overweight” rating on the stock in a report on Wednesday, September 11th. Evercore ISI raised their price objective on shares of Kilroy Realty from $40.00 to $41.00 and gave the stock an “in-line” rating in a research note on Wednesday, October 30th. Scotiabank cut shares of Kilroy Realty from a “sector perform” rating to a “sector underperform” rating and set a $38.00 target price for the company. in a research note on Thursday, November 14th. Barclays raised their price target on shares of Kilroy Realty from $38.00 to $44.00 and gave the stock an “equal weight” rating in a research report on Monday, October 28th. Finally, Jefferies Financial Group lowered shares of Kilroy Realty from a “buy” rating to a “hold” rating and cut their price objective for the company from $45.00 to $41.00 in a research report on Thursday, January 2nd. One analyst has rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $40.90.

Kilroy Realty Price Performance

Shares of Kilroy Realty stock opened at $37.04 on Tuesday. The company has a current ratio of 3.08, a quick ratio of 3.08 and a debt-to-equity ratio of 0.89. The firm has a fifty day simple moving average of $40.43 and a 200-day simple moving average of $37.70. The stock has a market capitalization of $4.37 billion, a price-to-earnings ratio of 22.18 and a beta of 1.02. Kilroy Realty has a 1-year low of $30.71 and a 1-year high of $43.78.

Kilroy Realty (NYSE:KRC) last released its earnings results on Monday, October 28th. The real estate investment trust reported $0.44 earnings per share for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.60). The firm had revenue of $289.94 million for the quarter, compared to analyst estimates of $275.77 million. Kilroy Realty had a return on equity of 3.53% and a net margin of 17.78%. The firm’s revenue was up 2.2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.12 EPS. On average, sell-side analysts expect that Kilroy Realty will post 4.41 earnings per share for the current year.

Insider Buying and Selling at Kilroy Realty

In other Kilroy Realty news, insider Heidi Rena Roth sold 12,000 shares of the stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $42.28, for a total transaction of $507,360.00. Following the completion of the transaction, the insider now directly owns 50,211 shares in the company, valued at $2,122,921.08. This represents a 19.29 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 2.49% of the company’s stock.

Institutional Investors Weigh In On Kilroy Realty

Several large investors have recently made changes to their positions in the company. Assetmark Inc. boosted its position in Kilroy Realty by 1.0% in the third quarter. Assetmark Inc. now owns 26,792 shares of the real estate investment trust’s stock valued at $1,037,000 after buying an additional 274 shares in the last quarter. FMR LLC raised its stake in shares of Kilroy Realty by 2.2% in the third quarter. FMR LLC now owns 15,201 shares of the real estate investment trust’s stock valued at $588,000 after acquiring an additional 329 shares during the last quarter. Versant Capital Management Inc boosted its holdings in shares of Kilroy Realty by 14.8% in the 4th quarter. Versant Capital Management Inc now owns 2,601 shares of the real estate investment trust’s stock worth $105,000 after acquiring an additional 336 shares in the last quarter. Commerce Bank grew its position in Kilroy Realty by 3.0% during the 3rd quarter. Commerce Bank now owns 11,574 shares of the real estate investment trust’s stock worth $448,000 after acquiring an additional 342 shares during the last quarter. Finally, GAMMA Investing LLC increased its holdings in Kilroy Realty by 33.6% during the 3rd quarter. GAMMA Investing LLC now owns 1,474 shares of the real estate investment trust’s stock valued at $57,000 after purchasing an additional 371 shares in the last quarter. 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.