Kilroy Realty Corp. (NYSE:KRC) was downgraded by equities research analysts at Evercore ISI from a “buy” rating to a “hold” rating in a report released on Monday. They presently have a $76.00 price objective on the real estate investment trust’s stock, down from their prior price objective of $77.00. Evercore ISI’s target price indicates a potential upside of 3.19% from the company’s previous close.

Several other equities research analysts also recently weighed in on KRC. Zacks Investment Research raised shares of Kilroy Realty Corp. from a “hold” rating to a “buy” rating and set a $79.00 price target for the company in a research 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 target for the company in a research report on Friday, October 14th. Stifel Nicolaus raised their price target on shares of Kilroy Realty Corp. from $75.00 to $80.00 and gave the company a “buy” rating in a research report on Thursday, September 1st. BTIG Research assumed coverage on shares of Kilroy Realty Corp. in a report on Thursday, August 25th. They issued a “buy” rating and a $80.00 target price on the stock. Finally, Robert W. Baird restated an “outperform” rating and issued a $78.00 target price on shares of Kilroy Realty Corp. in a report on Friday, August 26th. Five research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Kilroy Realty Corp. presently has an average rating of “Buy” and a consensus price target of $76.50.

Analyst Recommendations for Kilroy Realty Corp. (NYSE:KRC)

Shares of Kilroy Realty Corp. (NYSE:KRC) opened at 73.65 on Monday. Kilroy Realty Corp. has a one year low of $46.76 and a one year high of $74.45. The firm’s 50-day moving average is $70.48 and its 200-day moving average is $68.48. The company has a market cap of $6.79 billion, a PE ratio of 24.95 and a beta of 0.82.

Kilroy Realty Corp. (NYSE:KRC) last announced its earnings results on Wednesday, October 26th. The real estate investment trust reported $0.92 earnings per share for the quarter, beating the Zacks’ consensus estimate 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 business earned $168.30 million during the quarter, compared to the consensus estimate of $144.06 million. During the same quarter last year, the firm earned $0.77 earnings per share. The business’s revenue for the quarter was up 18.9% on a year-over-year basis. On average, equities analysts anticipate that Kilroy Realty Corp. will post $3.45 EPS for the current year.

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Several hedge funds and other institutional investors have recently modified their holdings of the company. Amica Retiree Medical Trust boosted its position in shares of Kilroy Realty Corp. by 91.8% in the third quarter. Amica Retiree Medical Trust now owns 1,630 shares of the real estate investment trust’s stock valued at $113,000 after buying an additional 780 shares in the last quarter. Solaris Asset Management LLC purchased a new position in Kilroy Realty Corp. during the third quarter worth $116,000. PNC Financial Services Group Inc. boosted its position in Kilroy Realty Corp. by 15.4% in the second quarter. PNC Financial Services Group Inc. now owns 2,777 shares of the real estate investment trust’s stock worth $184,000 after buying an additional 371 shares during the period. CIBC Asset Management Inc purchased a new position in Kilroy Realty Corp. during the third quarter worth $201,000. Finally, Two Sigma Securities LLC purchased a new position in Kilroy Realty Corp. during the third quarter worth $205,000.

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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