Kilroy Realty Co. (NYSE:KRC) Receives $59.08 Consensus Price Target from Analysts

Kilroy Realty Co. (NYSE:KRCGet Rating) has been given an average recommendation of “Moderate Buy” by the fourteen analysts that are currently covering the firm, Marketbeat Ratings reports. Six investment analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $59.25.

KRC has been the topic of a number of recent research reports. Citigroup lowered shares of Kilroy Realty from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $60.00 to $50.00 in a research report on Monday, September 19th. Mizuho reduced their price objective on Kilroy Realty from $60.00 to $55.00 and set a “buy” rating on the stock in a research report on Wednesday, October 19th. Evercore ISI dropped their target price on Kilroy Realty from $61.00 to $59.00 and set an “in-line” rating for the company in a report on Tuesday, September 27th. Deutsche Bank Aktiengesellschaft reduced their price target on Kilroy Realty from $60.00 to $47.00 and set a “hold” rating on the stock in a report on Thursday, October 13th. Finally, StockNews.com started coverage on shares of Kilroy Realty in a report on Wednesday, October 12th. They issued a “hold” rating for the company.

Hedge Funds Weigh In On Kilroy Realty

Large investors have recently made changes to their positions in the stock. Neo Ivy Capital Management purchased a new position in shares of Kilroy Realty in the 3rd quarter valued at $30,000. Ronald Blue Trust Inc. purchased a new position in shares of Kilroy Realty during the second quarter worth about $31,000. Wipfli Financial Advisors LLC acquired a new position in Kilroy Realty in the 3rd quarter valued at about $45,000. Captrust Financial Advisors purchased a new stake in Kilroy Realty during the 2nd quarter valued at approximately $59,000. Finally, Signaturefd LLC lifted its position in Kilroy Realty by 42.5% during the 1st quarter. Signaturefd LLC now owns 808 shares of the real estate investment trust’s stock worth $62,000 after acquiring an additional 241 shares during the period. 90.12% of the stock is currently owned by institutional investors and hedge funds.

Kilroy Realty Stock Performance

Shares of NYSE:KRC opened at $41.27 on Tuesday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.70 and a quick ratio of 1.70. Kilroy Realty has a 1 year low of $38.91 and a 1 year high of $79.06. The firm has a market capitalization of $4.82 billion, a PE ratio of 21.38, a P/E/G ratio of 1.67 and a beta of 0.82. The business’s 50 day moving average price is $42.48 and its 200-day moving average price is $49.89.

Kilroy Realty Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 12th. Investors of record on Friday, September 30th were issued a $0.54 dividend. This is a positive change from Kilroy Realty’s previous quarterly dividend of $0.52. This represents a $2.16 annualized dividend and a yield of 5.23%. The ex-dividend date of this dividend was Thursday, September 29th. Kilroy Realty’s payout ratio is 111.92%.

Kilroy Realty Company Profile

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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.

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Analyst Recommendations for Kilroy Realty (NYSE:KRC)

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