Kilroy Realty (NYSE:KRC) Price Target Lowered to $39.00 at JPMorgan Chase & Co.

Kilroy Realty (NYSE:KRC) had its price target lowered by equities research analysts at JPMorgan Chase & Co. from $40.00 to $39.00 in a research note issued to investors on Tuesday,Benzinga reports. The firm presently has a “neutral” rating on the real estate investment trust’s stock. JPMorgan Chase & Co.‘s price objective would indicate a potential downside of 1.15% from the stock’s previous close.

KRC has been the subject of several other reports. Scotiabank boosted their price objective on Kilroy Realty from $37.00 to $38.00 and gave the stock a “sector perform” rating in a research note on Thursday, May 21st. Bank of America upgraded shares of Kilroy Realty from a “neutral” rating to a “buy” rating and increased their target price for the company from $42.00 to $44.00 in a research report on Tuesday, June 16th. Evercore upgraded Kilroy Realty from an “in-line” rating to an “outperform” rating and set a $42.00 target price on the stock in a report on Monday, June 8th. Weiss Ratings raised shares of Kilroy Realty from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, July 1st. Finally, BMO Capital Markets lifted their target price on Kilroy Realty from $34.00 to $38.00 and gave the company a “market perform” rating in a research report on Monday, June 15th. Five research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Kilroy Realty currently has a consensus rating of “Hold” and a consensus price target of $38.67.

Kilroy Realty Price Performance

KRC traded down $0.19 during trading on Tuesday, hitting $39.45. The company’s stock had a trading volume of 451,963 shares, compared to its average volume of 1,927,968. The firm has a market capitalization of $4.59 billion, a price-to-earnings ratio of 21.67 and a beta of 1.12. Kilroy Realty has a twelve month low of $27.36 and a twelve month high of $45.03. The business’s fifty day simple moving average is $36.96 and its 200 day simple moving average is $34.06. The company has a current ratio of 2.09, a quick ratio of 2.09 and a debt-to-equity ratio of 0.84.

Kilroy Realty (NYSE:KRC) last posted its quarterly earnings data on Monday, April 27th. The real estate investment trust reported ($0.16) earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.30). Kilroy Realty had a return on equity of 3.89% and a net margin of 19.59%.The company had revenue of $270.05 million for the quarter, compared to analyst estimates of $263.08 million. During the same quarter in the prior year, the company posted $1.02 earnings per share. The business’s revenue was down .3% on a year-over-year basis. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. On average, equities research analysts forecast that Kilroy Realty will post 3.59 EPS for the current fiscal year.

Insider Transactions at Kilroy Realty

In other news, Director Jolie A. Hunt sold 15,800 shares of Kilroy Realty stock in a transaction on Monday, June 29th. The stock was sold at an average price of $37.79, for a total value of $597,082.00. Following the completion of the sale, the director directly owned 13,892 shares of the company’s stock, valued at approximately $524,978.68. The trade was a 53.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Lauren N. Stadler sold 3,000 shares of the business’s stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $34.65, for a total value of $103,950.00. Following the completion of the sale, the insider owned 15,456 shares in the company, valued at $535,550.40. This represents a 16.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 29,648 shares of company stock worth $1,120,958 over the last ninety days. Company insiders own 0.83% of the company’s stock.

Institutional Trading of Kilroy Realty

Several hedge funds have recently made changes to their positions in the business. Quadrant Capital Group LLC raised its stake in Kilroy Realty by 2.8% during the third quarter. Quadrant Capital Group LLC now owns 10,881 shares of the real estate investment trust’s stock valued at $460,000 after buying an additional 295 shares in the last quarter. Parallel Advisors LLC increased its stake in Kilroy Realty by 9.6% during the fourth quarter. Parallel Advisors LLC now owns 3,650 shares of the real estate investment trust’s stock valued at $136,000 after purchasing an additional 320 shares during the last quarter. Whittier Trust Co. increased its stake in Kilroy Realty by 4.1% during the fourth quarter. Whittier Trust Co. now owns 9,503 shares of the real estate investment trust’s stock valued at $377,000 after purchasing an additional 375 shares during the last quarter. NorthRock Partners LLC raised its holdings in shares of Kilroy Realty by 4.0% during the third quarter. NorthRock Partners LLC now owns 11,907 shares of the real estate investment trust’s stock worth $503,000 after purchasing an additional 460 shares during the period. Finally, State of Michigan Retirement System raised its holdings in shares of Kilroy Realty by 1.9% during the first quarter. State of Michigan Retirement System now owns 26,265 shares of the real estate investment trust’s stock worth $741,000 after purchasing an additional 500 shares during the period. Institutional investors and hedge funds own 94.22% of the company’s stock.

About Kilroy Realty

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.