Kilroy Realty (NYSE:KRC) Given New $42.00 Price Target at Barclays

Kilroy Realty (NYSE:KRC) had its target price lowered by equities researchers at Barclays from $43.00 to $42.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm currently has an “equal weight” rating on the real estate investment trust’s stock. Barclays‘s price target suggests a potential upside of 12.98% from the company’s current price.

KRC has been the topic of a number of other reports. JPMorgan Chase & Co. upgraded shares of Kilroy Realty from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $45.00 to $49.00 in a report on Friday, December 20th. Scotiabank downgraded Kilroy Realty from a “sector perform” rating to a “sector underperform” rating and set a $38.00 price target for the company. in a report on Thursday, November 14th. Mizuho reiterated a “neutral” rating and issued a $43.00 price objective (down previously from $45.00) on shares of Kilroy Realty in a report on Tuesday, January 7th. Jefferies Financial Group cut Kilroy Realty from a “buy” rating to a “hold” rating and decreased their target price for the stock from $45.00 to $41.00 in a research note on Thursday, January 2nd. Finally, Evercore ISI increased their price target on shares of Kilroy Realty from $40.00 to $41.00 and gave the company an “in-line” rating in a research note on Wednesday, October 30th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, Kilroy Realty presently has an average rating of “Hold” and a consensus price target of $40.70.

Kilroy Realty Stock Down 0.9 %

Shares of NYSE:KRC opened at $37.17 on Monday. Kilroy Realty has a fifty-two week low of $30.71 and a fifty-two week high of $43.78. The firm’s 50 day moving average price is $39.68 and its 200 day moving average price is $38.42. The company has a quick ratio of 3.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.89. The stock has a market cap of $4.39 billion, a price-to-earnings ratio of 22.26 and a beta of 1.02.

Insider Activity

In other Kilroy Realty news, insider Heidi Rena Roth sold 12,000 shares of the stock in a transaction that occurred 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 sale, the insider now directly owns 50,211 shares of the company’s stock, valued at approximately $2,122,921.08. This trade represents a 19.29 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 2.49% of the company’s stock.

Institutional Investors Weigh In On Kilroy Realty

Several large investors have recently modified their holdings of KRC. Wilmington Savings Fund Society FSB purchased a new position in Kilroy Realty in the 3rd quarter valued at $34,000. UMB Bank n.a. lifted its stake in shares of Kilroy Realty by 126.5% in the 3rd quarter. UMB Bank n.a. now owns 967 shares of the real estate investment trust’s stock worth $37,000 after acquiring an additional 540 shares during the period. GAMMA Investing LLC increased its stake in shares of Kilroy Realty by 33.6% during the third quarter. GAMMA Investing LLC now owns 1,474 shares of the real estate investment trust’s stock worth $57,000 after acquiring an additional 371 shares during the period. Fifth Third Bancorp raised its holdings in Kilroy Realty by 31.7% during the fourth quarter. Fifth Third Bancorp now owns 2,523 shares of the real estate investment trust’s stock worth $102,000 after purchasing an additional 607 shares in the last quarter. Finally, Versant Capital Management Inc lifted its position in Kilroy Realty by 14.8% in the fourth quarter. Versant Capital Management Inc now owns 2,601 shares of the real estate investment trust’s stock valued at $105,000 after purchasing an additional 336 shares during the period. Hedge funds and other 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.