Kilroy Realty Corp. (NYSE:KRC) has been given an average rating of “Buy” by the thirteen brokerages that are covering the firm. Five analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $77.00.

KRC has been the subject of a number of analyst reports. Zacks Investment Research raised shares of Kilroy Realty Corp. from a “hold” rating to a “buy” rating and set a $79.00 price objective for the company in a report on Wednesday, November 16th. Bank of America Corp. raised shares of Kilroy Realty Corp. from a “neutral” rating to a “buy” rating and set a $81.00 price objective for the company in a report on Friday, October 14th. Stifel Nicolaus raised their price objective on shares of Kilroy Realty Corp. from $75.00 to $80.00 and gave the stock a “buy” rating in a report on Thursday, September 1st. BTIG Research initiated coverage on shares of Kilroy Realty Corp. in a report on Thursday, August 25th. They set a “buy” rating and a $80.00 price objective for the company. Finally, Evercore ISI downgraded shares of Kilroy Realty Corp. from a “buy” rating to a “hold” rating in a report on Monday.

Large investors have recently bought and sold shares of the stock. LS Investment Advisors LLC boosted its stake in Kilroy Realty Corp. by 72.8% in the second quarter. LS Investment Advisors LLC now owns 5,539 shares of the real estate investment trust’s stock valued at $367,000 after buying an additional 2,333 shares during the last quarter. IBM Retirement Fund boosted its stake in Kilroy Realty Corp. by 3.3% in the second quarter. IBM Retirement Fund now owns 9,142 shares of the real estate investment trust’s stock valued at $606,000 after buying an additional 289 shares during the last quarter. State of Alaska Department of Revenue boosted its stake in Kilroy Realty Corp. by 56.9% in the second quarter. State of Alaska Department of Revenue now owns 35,820 shares of the real estate investment trust’s stock valued at $2,374,000 after buying an additional 12,990 shares during the last quarter. Fox Run Management L.L.C. bought a new stake in Kilroy Realty Corp. during the second quarter valued at $351,000. Finally, Nisa Investment Advisors LLC boosted its stake in Kilroy Realty Corp. by 0.3% in the second quarter. Nisa Investment Advisors LLC now owns 23,375 shares of the real estate investment trust’s stock valued at $1,550,000 after buying an additional 75 shares during the last quarter.

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Shares of Kilroy Realty Corp. (NYSE:KRC) traded down 0.52% during mid-day trading on Monday, hitting $72.66. 303,566 shares of the stock were exchanged. Kilroy Realty Corp. has a 1-year low of $46.76 and a 1-year high of $74.17. The firm has a market cap of $6.70 billion, a price-to-earnings ratio of 24.61 and a beta of 0.82. The company’s 50-day moving average is $70.31 and its 200-day moving average is $68.36.

Kilroy Realty Corp. (NYSE:KRC) last issued its quarterly earnings results on Wednesday, October 26th. The real estate investment trust reported $0.92 earnings per share for the quarter, beating analysts’ consensus estimates of $0.87 by $0.05. Kilroy Realty Corp. had a net margin of 46.62% and a return on equity of 8.94%. The firm earned $168.30 million during the quarter, compared to the consensus estimate of $144.06 million. During the same period in the prior year, the firm earned $0.77 EPS. The business’s revenue was up 18.9% on a year-over-year basis. Equities research analysts anticipate that Kilroy Realty Corp. will post $3.45 earnings per share for the current fiscal year.

Kilroy Realty Corp. Company Profile

Kilroy Realty Corporation is a self-administered real estate investment trust (REIT). The Company focuses on office submarkets in the West Coast. The Company owns, develops, acquires and manages real estate assets consisting of Class A real estate properties in the coastal regions of Los Angeles, Orange County, San Diego County, the San Francisco Bay Area and greater Seattle.

5 Day Chart for NYSE:KRC

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