JPMorgan Chase & Co. Has Lowered Expectations for Kilroy Realty (NYSE:KRC) Stock Price

Kilroy Realty (NYSE:KRC) had its price target cut by stock analysts at JPMorgan Chase & Co. from $40.00 to $39.00 in a report released on Tuesday,Benzinga reports. The brokerage presently has a “neutral” rating on the real estate investment trust’s stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 0.93% from the stock’s previous close.

A number of other research firms have also recently commented on KRC. BMO Capital Markets lifted their target price on shares of Kilroy Realty from $34.00 to $38.00 and gave the stock a “market perform” rating in a research note on Monday, June 15th. Needham & Company LLC reissued a “buy” rating on shares of Kilroy Realty in a research report on Monday, June 8th. UBS Group set a $44.00 price target on shares of Kilroy Realty in a research note on Tuesday, June 16th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $33.00 price target on shares of Kilroy Realty in a report on Tuesday, May 12th. Finally, Evercore raised shares of Kilroy Realty from an “in-line” rating to an “outperform” rating and set a $42.00 price objective on the stock in a report on Monday, June 8th. Five analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Kilroy Realty currently has an average rating of “Hold” and a consensus target price of $38.87.

Kilroy Realty Trading Down 2.3%

Shares of NYSE:KRC opened at $38.64 on Tuesday. The business’s 50-day moving average is $37.14 and its 200 day moving average is $34.08. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.09 and a quick ratio of 2.09. Kilroy Realty has a 1 year low of $27.36 and a 1 year high of $45.03. The firm has a market capitalization of $4.49 billion, a P/E ratio of 21.23 and a beta of 1.12.

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

Insider Buying and Selling at Kilroy Realty

In other news, insider Lauren N. Stadler sold 3,000 shares of Kilroy Realty stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $34.65, for a total transaction of $103,950.00. Following the completion of the transaction, the insider directly owned 15,456 shares of the company’s stock, valued at $535,550.40. The trade was a 16.25% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Jolie A. Hunt sold 15,800 shares of the business’s stock in a transaction on Monday, June 29th. The shares were sold at an average price of $37.79, for a total transaction of $597,082.00. Following the completion of the transaction, the director owned 13,892 shares of the company’s stock, valued at approximately $524,978.68. This represents a 53.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 29,648 shares of company stock valued at $1,120,958. 0.83% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in shares of Kilroy Realty during the 4th quarter worth about $340,131,000. State Street Corp grew its position in shares of Kilroy Realty by 1.2% during the 2nd quarter. State Street Corp now owns 5,841,917 shares of the real estate investment trust’s stock valued at $203,514,000 after acquiring an additional 67,546 shares during the period. Principal Financial Group Inc. increased its stake in shares of Kilroy Realty by 23.5% in the 4th quarter. Principal Financial Group Inc. now owns 5,228,666 shares of the real estate investment trust’s stock valued at $195,396,000 after purchasing an additional 994,299 shares in the last quarter. Rush Island Management LP increased its stake in shares of Kilroy Realty by 84.5% in 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 purchasing an additional 2,226,821 shares in the last quarter. Finally, Daiwa Securities Group Inc. raised its holdings in Kilroy Realty by 0.4% in the 3rd quarter. Daiwa Securities Group Inc. now owns 3,578,185 shares of the real estate investment trust’s stock worth $151,178,000 after purchasing an additional 15,193 shares during the period. 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.