Wall Street Zen Upgrades Kilroy Realty (NYSE:KRC) to “Hold”

Kilroy Realty (NYSE:KRC) was upgraded by stock analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a report released on Saturday.

A number of other equities research analysts have also recently issued reports on KRC. Wells Fargo & Company boosted their price objective on Kilroy Realty from $31.00 to $33.00 and gave the company an “equal weight” rating in a research note on Monday, June 1st. Bank of America raised shares of Kilroy Realty from a “neutral” rating to a “buy” rating and boosted their price target for the company from $42.00 to $44.00 in a research report on Tuesday, June 16th. Barclays upped their price target on shares of Kilroy Realty from $31.00 to $38.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 21st. Needham & Company LLC reaffirmed a “buy” rating on shares of Kilroy Realty in a report on Monday, June 8th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $33.00 price objective on shares of Kilroy Realty in a research note on Tuesday, May 12th. Five investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $39.13.

Kilroy Realty Stock Up 0.1%

Kilroy Realty stock opened at $36.36 on Friday. Kilroy Realty has a twelve month low of $27.36 and a twelve month high of $45.03. The firm has a 50 day moving average price of $38.35 and a 200-day moving average price of $34.12. The company has a market capitalization of $4.23 billion, a P/E ratio of 25.61 and a beta of 1.11. The company has a quick ratio of 2.65, a current ratio of 2.65 and a debt-to-equity ratio of 0.83.

Kilroy Realty (NYSE:KRC) last issued its quarterly earnings results on Monday, July 27th. The real estate investment trust reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.90 by ($0.73). Kilroy Realty had a return on equity of 3.04% and a net margin of 15.47%.The company had revenue of $272.37 million for the quarter, compared to analysts’ expectations of $267.39 million. During the same quarter in the previous year, the business earned $1.13 EPS. The company’s revenue for the quarter was down 6.0% on a year-over-year basis. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. As a group, equities analysts predict that Kilroy Realty will post 3.58 EPS for the current year.

Insider Activity

In other Kilroy Realty news, President Justin William Smart sold 10,848 shares of the business’s stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $38.71, for a total value of $419,926.08. Following the completion of the transaction, the president owned 519,872 shares of the company’s stock, valued at $20,124,245.12. The trade was a 2.04% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Jolie A. Hunt sold 15,800 shares of the stock in a transaction on Monday, June 29th. The stock was sold at an average price of $37.79, for a total transaction of $597,082.00. Following the completion of the transaction, the director directly owned 13,892 shares in the company, valued at $524,978.68. The trade was a 53.21% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.83% of the company’s stock.

Institutional Trading of Kilroy Realty

Several institutional investors and hedge funds have recently made changes to their positions in KRC. BlackRock Inc. bought a new stake in Kilroy Realty during the second quarter worth about $581,003,000. Norges Bank bought a new position in shares of Kilroy Realty during the 4th quarter valued at about $340,131,000. Route One Investment Company L.P. bought a new position in shares of Kilroy Realty during the 2nd quarter valued at about $159,181,000. M&T Bank Corp raised its holdings in shares of Kilroy Realty by 34,820.2% during the 4th quarter. M&T Bank Corp now owns 2,756,598 shares of the real estate investment trust’s stock valued at $103,014,000 after buying an additional 2,748,704 shares in the last quarter. Finally, Rush Island Management LP raised its holdings in shares of Kilroy Realty by 84.5% during the 1st quarter. Rush Island Management LP now owns 4,860,742 shares of the real estate investment trust’s stock valued at $137,122,000 after buying an additional 2,226,821 shares in the last quarter. Hedge funds and other institutional investors own 94.22% of the company’s stock.

Kilroy Realty Company Profile

Kilroy Realty Corporation (NYSE: KRC) is a publicly traded real estate investment trust focused on the development, acquisition and management of high?quality office and mixed?use properties along the U.S. West Coast. The company’s portfolio encompasses major urban markets including Los Angeles, San Diego, the San Francisco Bay Area and Seattle. Kilroy Realty targets properties in transit?oriented submarkets, blending workplace space with retail, residential and hospitality amenities to create vibrant, walkable neighborhoods.

Founded in the mid?20th century by members of the Kilroy family, the company evolved from a regional landlord into one of the leading West Coast office landlords.