Several other research firms have also recently weighed in on KRC. BMO Capital Markets set a $81.00 price objective on Kilroy Realty and gave the stock a “buy” rating in a research report on Wednesday, July 24th. Zacks Investment Research raised Kilroy Realty from a “hold” rating to a “buy” rating and set a $89.00 price objective for the company in a research report on Wednesday. Finally, Deutsche Bank boosted their price objective on Kilroy Realty from $80.00 to $82.00 and gave the stock a “hold” rating in a research report on Wednesday, April 10th. Four analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $81.86.
Shares of NYSE:KRC traded down $0.09 on Thursday, reaching $78.20. The company had a trading volume of 440,385 shares, compared to its average volume of 602,722. Kilroy Realty has a twelve month low of $59.05 and a twelve month high of $80.66. The company has a 50-day moving average of $76.82. The stock has a market cap of $7.91 billion, a PE ratio of 22.47, a P/E/G ratio of 3.05 and a beta of 0.77. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.76.
In related news, Director Jolie A. Hunt sold 4,434 shares of the business’s stock in a transaction dated Wednesday, June 5th. The stock was sold at an average price of $75.02, for a total transaction of $332,638.68. Following the completion of the transaction, the director now owns 4,099 shares of the company’s stock, valued at approximately $307,506.98. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Merryl Elizabeth Werber sold 1,500 shares of the business’s stock in a transaction dated Wednesday, June 19th. The stock was sold at an average price of $78.00, for a total value of $117,000.00. Following the transaction, the chief accounting officer now directly owns 8,120 shares of the company’s stock, valued at approximately $633,360. The disclosure for this sale can be found here. 2.26% of the stock is currently owned by insiders.
A number of institutional investors and hedge funds have recently modified their holdings of KRC. Hanson & Doremus Investment Management bought a new position in Kilroy Realty during the first quarter valued at about $52,000. CAPROCK Group Inc. bought a new position in Kilroy Realty during the second quarter valued at about $205,000. Piedmont Investment Advisors Inc. bought a new position in Kilroy Realty during the first quarter valued at about $207,000. Bailard Inc. bought a new position in Kilroy Realty during the second quarter valued at about $214,000. Finally, Los Angeles Capital Management & Equity Research Inc. bought a new position in Kilroy Realty during the first quarter valued at about $219,000. Hedge funds and other institutional investors own 96.67% of the company’s stock.
About Kilroy Realty
Kilroy Realty Corporation (KRC), a publicly traded real estate investment trust and member of the S&P MidCap 400 Index, is one of the West Coast's premier landlords. The company has over 70 years of experience developing, acquiring and managing office and mixed-use real estate assets. The company provides physical work environments that foster creativity and productivity and serves a broad roster of dynamic, innovation-driven tenants, including technology, entertainment, digital media and health care companies.
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