Kilroy Realty (NYSE:KRC)‘s stock had its “hold” rating reaffirmed by Royal Bank of Canada in a research report issued on Sunday, AnalystRatings.com reports.
KRC has been the subject of a number of other research reports. Mizuho cut their price objective on shares of Kilroy Realty from $72.00 to $65.00 and set a “buy” rating for the company in a research report on Monday, July 20th. BMO Capital Markets reissued a “buy” rating on shares of Kilroy Realty in a report on Monday, July 27th. Bank of America lowered Kilroy Realty from a “buy” rating to a “neutral” rating and set a $68.00 price objective on the stock. in a report on Wednesday, June 24th. Zacks Investment Research raised Kilroy Realty from a “sell” rating to a “hold” rating in a research note on Friday, August 7th. Finally, Deutsche Bank cut Kilroy Realty from a “hold” rating to a “sell” rating and set a $49.00 price target for the company. in a report on Monday, July 20th. One analyst has rated the stock with a sell rating, seven have given a hold rating and nine have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $68.75.
Shares of NYSE KRC opened at $57.90 on Friday. The stock has a fifty day moving average price of $57.96 and a 200 day moving average price of $62.44. Kilroy Realty has a 1-year low of $45.96 and a 1-year high of $88.99. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.49 and a quick ratio of 2.49. The company has a market cap of $6.67 billion, a PE ratio of 35.74, a P/E/G ratio of 3.36 and a beta of 0.65.
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Several institutional investors have recently added to or reduced their stakes in KRC. PNC Financial Services Group Inc. increased its holdings in Kilroy Realty by 56.3% during the 2nd quarter. PNC Financial Services Group Inc. now owns 5,003 shares of the real estate investment trust’s stock valued at $293,000 after acquiring an additional 1,802 shares in the last quarter. Blackstone Group Inc grew its position in shares of Kilroy Realty by 66.5% in the second quarter. Blackstone Group Inc now owns 4,820,473 shares of the real estate investment trust’s stock valued at $282,962,000 after purchasing an additional 1,925,600 shares during the last quarter. AQR Capital Management LLC increased its stake in shares of Kilroy Realty by 1,035.5% during the 2nd quarter. AQR Capital Management LLC now owns 79,702 shares of the real estate investment trust’s stock worth $4,652,000 after purchasing an additional 72,683 shares in the last quarter. California State Teachers Retirement System increased its stake in shares of Kilroy Realty by 11.7% during the 2nd quarter. California State Teachers Retirement System now owns 193,244 shares of the real estate investment trust’s stock worth $11,343,000 after purchasing an additional 20,169 shares in the last quarter. Finally, Jane Street Group LLC raised its position in shares of Kilroy Realty by 606.5% during the 2nd quarter. Jane Street Group LLC now owns 19,564 shares of the real estate investment trust’s stock worth $1,148,000 after purchasing an additional 16,795 shares during the last quarter. Institutional investors and hedge funds own 95.74% of the company’s stock.
Kilroy Realty Company Profile
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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