Kilroy Realty (KRC) Given a $77.00 Price Target by BMO Capital Markets Analysts

Kilroy Realty (NYSE:KRC) received a $77.00 target price from investment analysts at BMO Capital Markets in a report issued on Monday. The brokerage presently has a “buy” rating on the real estate investment trust’s stock. BMO Capital Markets’ price target would indicate a potential upside of 18.96% from the company’s previous close.

Several other equities analysts also recently weighed in on KRC. Robert W. Baird set a $75.00 target price on Kilroy Realty and gave the company a “hold” rating in a research report on Monday, February 5th. JPMorgan Chase & Co. downgraded Kilroy Realty from an “overweight” rating to a “neutral” rating and set a $79.00 price objective on the stock. in a research report on Friday, December 15th. Finally, Zacks Investment Research raised Kilroy Realty from a “sell” rating to a “hold” rating in a research report on Saturday, October 28th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $76.38.

Kilroy Realty (KRC) traded down $0.72 during midday trading on Monday, hitting $64.73. The stock had a trading volume of 888,970 shares, compared to its average volume of 600,954. The company has a market cap of $6,454.70, a P/E ratio of 42.87, a P/E/G ratio of 2.54 and a beta of 0.69. The company has a current ratio of 1.41, a quick ratio of 1.85 and a debt-to-equity ratio of 0.59. Kilroy Realty has a 52-week low of $62.91 and a 52-week high of $78.33.

Kilroy Realty (NYSE:KRC) last released its earnings results on Wednesday, January 31st. The real estate investment trust reported $0.85 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.85. The firm had revenue of $177.56 million for the quarter, compared to the consensus estimate of $176.64 million. Kilroy Realty had a return on equity of 4.22% and a net margin of 22.90%. The company’s revenue for the quarter was up 5.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.87 EPS. research analysts expect that Kilroy Realty will post 3.56 EPS for the current fiscal year.

Several hedge funds have recently modified their holdings of KRC. Advisor Group Inc. lifted its holdings in shares of Kilroy Realty by 27.8% in the 2nd quarter. Advisor Group Inc. now owns 1,961 shares of the real estate investment trust’s stock worth $147,000 after buying an additional 426 shares during the period. Perigon Wealth Management LLC lifted its holdings in shares of Kilroy Realty by 54.5% in the 2nd quarter. Perigon Wealth Management LLC now owns 2,125 shares of the real estate investment trust’s stock worth $161,000 after buying an additional 750 shares during the period. Timber Hill LLC purchased a new stake in shares of Kilroy Realty in the 3rd quarter worth $215,000. Vident Investment Advisory LLC purchased a new stake in shares of Kilroy Realty in the 3rd quarter worth $235,000. Finally, Kemper Corp Master Retirement Trust lifted its holdings in shares of Kilroy Realty by 66.7% in the 3rd quarter. Kemper Corp Master Retirement Trust now owns 4,000 shares of the real estate investment trust’s stock worth $284,000 after buying an additional 1,600 shares during the period. Institutional investors and hedge funds own 97.01% of the company’s stock.

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Kilroy Realty Company Profile

Kilroy Realty Corporation is a real estate investment trust (REIT). The Company operates through the office properties segment. It operates in office and mixed-use submarkets along the West Coast. It owns, develops, acquires and manages real estate assets, consisting primarily of Class A properties in the coastal regions of Los Angeles, Orange County, San Diego County, the San Francisco Bay Area and Greater Seattle.

Analyst Recommendations for Kilroy Realty (NYSE:KRC)

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