Brokerages Set Kilroy Realty Co. (NYSE:KRC) PT at $40.80

Shares of Kilroy Realty Co. (NYSE:KRC) have been assigned a consensus rating of “Hold” from the ten research firms that are covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $40.70.

A number of equities research analysts recently weighed in on the company. JPMorgan Chase & Co. raised Kilroy Realty from a “neutral” rating to an “overweight” rating and raised their price target for the company from $45.00 to $49.00 in a report on Friday, December 20th. Jefferies Financial Group lowered Kilroy Realty from a “buy” rating to a “hold” rating and lowered their target price for the company from $45.00 to $41.00 in a research note on Thursday, January 2nd. Mizuho reiterated a “neutral” rating and set a $43.00 price target (down previously from $45.00) on shares of Kilroy Realty in a research report on Tuesday, January 7th. Evercore ISI raised their price objective on shares of Kilroy Realty from $40.00 to $41.00 and gave the company an “in-line” rating in a research report on Wednesday, October 30th. Finally, Scotiabank lowered shares of Kilroy Realty from a “sector perform” rating to a “sector underperform” rating and set a $38.00 target price on the stock. in a research report on Thursday, November 14th.

Kilroy Realty Stock Performance

NYSE KRC opened at $36.76 on Thursday. The firm has a market cap of $4.34 billion, a price-to-earnings ratio of 22.01 and a beta of 1.02. The company has a current ratio of 3.08, a quick ratio of 3.08 and a debt-to-equity ratio of 0.89. Kilroy Realty has a 1-year low of $30.71 and a 1-year high of $43.78. The company has a 50 day moving average of $39.68 and a 200-day moving average of $38.42.

Kilroy Realty Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Tuesday, December 31st were issued a $0.54 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $2.16 annualized dividend and a yield of 5.88%. Kilroy Realty’s dividend payout ratio is currently 129.34%.

Insider Buying and Selling at Kilroy Realty

In other 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 value of $507,360.00. Following the transaction, the insider now owns 50,211 shares of the company’s stock, valued at $2,122,921.08. This represents a 19.29 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 2.49% of the company’s stock.

Institutional Investors Weigh In On Kilroy Realty

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Metis Global Partners LLC boosted its holdings in Kilroy Realty by 11.4% during the fourth quarter. Metis Global Partners LLC now owns 12,115 shares of the real estate investment trust’s stock worth $490,000 after buying an additional 1,237 shares during the last quarter. US Bancorp DE raised its position in shares of Kilroy Realty by 3.4% in the 4th quarter. US Bancorp DE now owns 9,680 shares of the real estate investment trust’s stock valued at $392,000 after acquiring an additional 317 shares during the period. QRG Capital Management Inc. boosted its stake in Kilroy Realty by 5.5% during the 4th quarter. QRG Capital Management Inc. now owns 9,092 shares of the real estate investment trust’s stock worth $368,000 after acquiring an additional 475 shares during the last quarter. Proficio Capital Partners LLC acquired a new position in Kilroy Realty during the fourth quarter valued at approximately $1,404,000. Finally, Wolverine Asset Management LLC increased its stake in Kilroy Realty by 14.5% in the fourth quarter. Wolverine Asset Management LLC now owns 78,854 shares of the real estate investment trust’s stock valued at $3,190,000 after purchasing an additional 9,961 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.