Kilroy Realty (NYSE:KRC) Downgraded to “C+” at TheStreet

Kilroy Realty (NYSE:KRCGet Rating) was downgraded by research analysts at TheStreet from a “b-” rating to a “c+” rating in a research note issued to investors on Tuesday, TheStreetRatingsTable reports.

Several other research analysts also recently commented on the stock. The Goldman Sachs Group raised shares of Kilroy Realty from a “neutral” rating to a “buy” rating and dropped their price objective for the company from $87.00 to $84.00 in a report on Wednesday, May 25th. StockNews.com started coverage on shares of Kilroy Realty in a research report on Thursday, March 31st. They set a “hold” rating on the stock. Zacks Investment Research lowered shares of Kilroy Realty from a “buy” rating to a “hold” rating in a report on Wednesday, April 13th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Kilroy Realty from $74.00 to $75.00 and gave the company a “hold” rating in a research note on Thursday, April 14th. Finally, Bank of America upgraded shares of Kilroy Realty from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $82.00 to $83.00 in a research note on Friday, February 25th. Four investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $79.70.

Kilroy Realty stock opened at $59.94 on Tuesday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.98 and a current ratio of 1.98. The stock’s 50 day simple moving average is $69.09 and its two-hundred day simple moving average is $68.89. Kilroy Realty has a fifty-two week low of $56.94 and a fifty-two week high of $79.06. The stock has a market cap of $7.00 billion, a price-to-earnings ratio of 38.67, a PEG ratio of 1.73 and a beta of 0.76.

Kilroy Realty (NYSE:KRCGet Rating) last released its quarterly earnings data on Wednesday, April 27th. The real estate investment trust reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.04. The business had revenue of $265.50 million for the quarter, compared to analysts’ expectations of $257.03 million. Kilroy Realty had a return on equity of 3.23% and a net margin of 18.65%. The firm’s quarterly revenue was up 12.7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.98 EPS. On average, analysts predict that Kilroy Realty will post 4.49 earnings per share for the current year.

In related news, insider A. Robert Paratte sold 3,425 shares of the business’s stock in a transaction on Wednesday, March 9th. The stock was sold at an average price of $73.28, for a total value of $250,984.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP John Osmond sold 1,000 shares of the company’s stock in a transaction on Thursday, May 12th. The shares were sold at an average price of $60.08, for a total value of $60,080.00. Following the sale, the executive vice president now owns 11,749 shares of the company’s stock, valued at $705,879.92. The disclosure for this sale can be found here. Corporate insiders own 1.95% of the company’s stock.

Several hedge funds have recently added to or reduced their stakes in the stock. Profund Advisors LLC raised its holdings in Kilroy Realty by 2.3% in the 1st quarter. Profund Advisors LLC now owns 8,014 shares of the real estate investment trust’s stock worth $612,000 after acquiring an additional 179 shares during the last quarter. MUFG Americas Holdings Corp increased its position in Kilroy Realty by 97.0% during the 4th quarter. MUFG Americas Holdings Corp now owns 396 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 195 shares during the period. Louisiana State Employees Retirement System grew its position in shares of Kilroy Realty by 0.7% in the 4th quarter. Louisiana State Employees Retirement System now owns 26,900 shares of the real estate investment trust’s stock worth $1,788,000 after buying an additional 200 shares during the last quarter. Advisor Group Holdings Inc. boosted its stake in Kilroy Realty by 12.8% in the 4th quarter. Advisor Group Holdings Inc. now owns 2,122 shares of the real estate investment trust’s stock worth $141,000 after purchasing an additional 240 shares in the last quarter. Finally, Signaturefd LLC lifted its stake in Kilroy Realty by 42.5% during the 1st quarter. Signaturefd LLC now owns 808 shares of the real estate investment trust’s stock valued at $62,000 after acquiring an additional 241 shares during the period. 97.95% of the stock is currently owned by institutional investors.

About Kilroy Realty (Get Rating)

Kilroy Realty Corporation (NYSE: KRC, the company, KRC) is a leading West Coast landlord and developer, with a major presence in San Diego, Greater Los Angeles, the San Francisco Bay Area, and the Pacific Northwest. The company has earned global recognition for sustainability, building operations, innovation and design.

Further Reading

Analyst Recommendations for Kilroy Realty (NYSE:KRC)

Want More Great Investing Ideas?

Receive News & Ratings for Kilroy Realty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kilroy Realty and related companies with MarketBeat.com's FREE daily email newsletter.