Kilroy Realty (NYSE:KRC) was downgraded by investment analysts at Robert W. Baird from an “outperform” rating to a “neutral” rating in a research report issued to clients and investors on Monday, The Fly reports.
Several other research firms have also recently weighed in on KRC. Goldman Sachs Group initiated coverage on shares of Kilroy Realty in a research report on Tuesday, September 19th. They issued a “neutral” rating and a $70.00 price objective on the stock. Zacks Investment Research cut shares of Kilroy Realty from a “hold” rating to a “sell” rating in a research report on Wednesday, October 4th. Stifel Nicolaus restated a “buy” rating and issued a $77.00 price objective on shares of Kilroy Realty in a research report on Thursday, September 21st. Finally, JPMorgan Chase & Co. cut shares of 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. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company’s stock. Kilroy Realty currently has an average rating of “Hold” and a consensus price target of $77.29.
Shares of Kilroy Realty (NYSE:KRC) opened at $72.17 on Monday. Kilroy Realty has a fifty-two week low of $67.00 and a fifty-two week high of $78.33. The stock has a market cap of $7,100.00, a PE ratio of 47.48, a PEG ratio of 2.69 and a beta of 0.79. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.85 and a quick ratio of 1.85.
Several large investors have recently added to or reduced their stakes in KRC. Advisor Group Inc. boosted its stake in shares of Kilroy Realty by 27.8% during the second quarter. Advisor Group Inc. now owns 1,961 shares of the real estate investment trust’s stock valued at $147,000 after purchasing an additional 426 shares during the period. Perigon Wealth Management LLC boosted its stake in shares of Kilroy Realty by 54.5% during the second quarter. Perigon Wealth Management LLC now owns 2,125 shares of the real estate investment trust’s stock valued at $161,000 after purchasing an additional 750 shares during the period. Timber Hill LLC purchased a new stake in shares of Kilroy Realty during the third quarter valued at approximately $215,000. Vident Investment Advisory LLC purchased a new stake in shares of Kilroy Realty during the third quarter valued at approximately $235,000. Finally, Quantbot Technologies LP boosted its stake in shares of Kilroy Realty by 53.8% during the second quarter. Quantbot Technologies LP now owns 3,205 shares of the real estate investment trust’s stock valued at $240,000 after purchasing an additional 1,121 shares during the period. 97.71% of the stock is owned by hedge funds and other institutional investors.
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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.
