KeyCorp restated their hold rating on shares of Kilroy Realty Corporation (NYSE:KRC) in a research report released on Friday morning.

Other research analysts have also issued reports about the company. Deutsche Bank AG increased their price objective on Kilroy Realty Corporation from $75.00 to $78.00 and gave the company a hold rating in a report on Thursday, May 25th. Zacks Investment Research lowered Kilroy Realty Corporation from a hold rating to a sell rating in a report on Tuesday, August 15th. BidaskClub raised Kilroy Realty Corporation from a hold rating to a buy rating in a report on Thursday, June 15th. Bank of America Corporation lowered Kilroy Realty Corporation from a buy rating to a neutral rating and cut their price objective for the company from $80.00 to $77.00 in a report on Wednesday, August 16th. Finally, Evercore ISI raised Kilroy Realty Corporation from an in-line rating to an outperform rating and set a $78.00 price objective on the stock in a report on Monday, August 14th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the stock. Kilroy Realty Corporation has an average rating of Hold and an average target price of $79.00.

Kilroy Realty Corporation (KRC) opened at 68.85 on Friday. Kilroy Realty Corporation has a 12-month low of $65.77 and a 12-month high of $78.33. The firm’s 50-day moving average is $70.63 and its 200-day moving average is $72.99. The stock has a market capitalization of $6.77 billion, a P/E ratio of 50.04 and a beta of 0.74.

Kilroy Realty Corporation (NYSE:KRC) last announced its earnings results on Wednesday, July 26th. The real estate investment trust reported $0.87 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.86 by $0.01. Kilroy Realty Corporation had a return on equity of 4.11% and a net margin of 21.75%. The company had revenue of $180.60 million for the quarter, compared to analyst estimates of $178.63 million. During the same period in the prior year, the company posted $0.86 EPS. The firm’s quarterly revenue was up 12.8% compared to the same quarter last year. Analysts predict that Kilroy Realty Corporation will post $1.26 EPS for the current fiscal year.

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In other Kilroy Realty Corporation news, insider Justin William Smart sold 10,000 shares of the stock in a transaction that occurred on Tuesday, June 13th. The stock was sold at an average price of $76.66, for a total transaction of $766,600.00. Following the transaction, the insider now owns 93,017 shares in the company, valued at $7,130,683.22. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 2.28% of the company’s stock.

A number of institutional investors have recently modified their holdings of KRC. Capstone Asset Management Co. increased its position in shares of Kilroy Realty Corporation by 11.9% in the first quarter. Capstone Asset Management Co. now owns 10,322 shares of the real estate investment trust’s stock worth $744,000 after buying an additional 1,100 shares in the last quarter. Profund Advisors LLC increased its position in shares of Kilroy Realty Corporation by 11.0% in the first quarter. Profund Advisors LLC now owns 16,715 shares of the real estate investment trust’s stock worth $1,205,000 after buying an additional 1,653 shares in the last quarter. Glen Harbor Capital Management LLC increased its position in shares of Kilroy Realty Corporation by 20.5% in the first quarter. Glen Harbor Capital Management LLC now owns 5,096 shares of the real estate investment trust’s stock worth $367,000 after buying an additional 868 shares in the last quarter. Russell Investments Group Ltd. increased its position in shares of Kilroy Realty Corporation by 23.8% in the first quarter. Russell Investments Group Ltd. now owns 357,342 shares of the real estate investment trust’s stock worth $25,751,000 after buying an additional 68,773 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund increased its position in shares of Kilroy Realty Corporation by 6.1% in the first quarter. Oregon Public Employees Retirement Fund now owns 34,067 shares of the real estate investment trust’s stock worth $2,456,000 after buying an additional 1,944 shares in the last quarter. Institutional investors own 99.72% of the company’s stock.

About Kilroy Realty Corporation

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 Corporation (NYSE:KRC)

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