Citigroup cut shares of Kilroy Realty (NYSE:KRC – Get Rating) from a buy rating to a neutral rating in a research report report published on Monday, Marketbeat Ratings reports. They currently have $50.00 price target on the real estate investment trust’s stock, down from their prior price target of $60.00.
Other analysts also recently issued research reports about the stock. Wells Fargo & Company reduced their price target on shares of Kilroy Realty from $60.00 to $57.00 and set an overweight rating on the stock in a report on Tuesday, August 30th. Credit Suisse Group initiated coverage on Kilroy Realty in a report on Wednesday, June 22nd. They set an underperform rating and a $48.00 target price on the stock. TheStreet downgraded Kilroy Realty from a b- rating to a c+ rating in a research report on Tuesday, May 31st. The Goldman Sachs Group upgraded Kilroy Realty from a neutral rating to a buy rating and dropped their price objective for the stock from $87.00 to $84.00 in a research report on Wednesday, May 25th. Finally, Mizuho reduced their target price on shares of Kilroy Realty from $77.00 to $60.00 and set a buy rating on the stock in a report on Wednesday, July 6th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of Moderate Buy and an average price target of $65.73.
Kilroy Realty Trading Down 1.0 %
NYSE:KRC opened at $44.71 on Monday. Kilroy Realty has a 52-week low of $43.72 and a 52-week high of $79.06. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.72. The stock has a fifty day simple moving average of $50.98 and a 200-day simple moving average of $59.88. The company has a market capitalization of $5.23 billion, a PE ratio of 27.10, a price-to-earnings-growth ratio of 1.44 and a beta of 0.81.
Kilroy Realty Increases Dividend
Institutional Investors Weigh In On Kilroy Realty
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. UMB Bank N A MO lifted its position in Kilroy Realty by 632.7% during the first quarter. UMB Bank N A MO now owns 403 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 348 shares in the last quarter. Acadian Asset Management LLC acquired a new stake in Kilroy Realty in the 4th quarter valued at $31,000. Ronald Blue Trust Inc. purchased a new position in Kilroy Realty in the second quarter valued at about $31,000. Captrust Financial Advisors acquired a new position in shares of Kilroy Realty during the second quarter worth about $59,000. Finally, Signaturefd LLC grew its stake in shares of Kilroy Realty by 42.5% in the first quarter. Signaturefd LLC now owns 808 shares of the real estate investment trust’s stock valued at $62,000 after buying an additional 241 shares in the last quarter. 90.12% of the stock is currently owned by institutional investors and hedge funds.
About Kilroy Realty
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.
- Get a free copy of the StockNews.com research report on Kilroy Realty (KRC)
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