Kilroy Realty (NYSE:KRC – Get Rating) was downgraded by analysts at Citigroup from a “buy” rating to a “neutral” rating in a research note issued on Monday, The Fly reports.
A number of other research analysts have also recently commented on the stock. Mizuho cut their price target on shares of Kilroy Realty from $77.00 to $60.00 and set a “buy” rating on the stock in a report on Wednesday, July 6th. Credit Suisse Group began coverage on shares of Kilroy Realty in a research note on Wednesday, June 22nd. They issued an “underperform” rating and a $48.00 price objective for the company. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Kilroy Realty from $75.00 to $60.00 in a research note on Wednesday, July 20th. BMO Capital Markets lowered shares of Kilroy Realty from an “outperform” rating to a “market perform” rating and lowered their price objective for the stock from $84.00 to $70.00 in a research note on Tuesday, May 31st. Finally, Royal Bank of Canada decreased their price target on shares of Kilroy Realty from $80.00 to $68.00 and set an “outperform” rating for the company in a research report on Tuesday, July 5th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $68.00.
Kilroy Realty Trading Down 0.0 %
Shares of KRC opened at $49.69 on Monday. The company’s fifty day moving average is $51.39 and its 200 day moving average is $60.42. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.88 and a current ratio of 1.88. The stock has a market capitalization of $5.81 billion, a PE ratio of 30.12, a P/E/G ratio of 1.52 and a beta of 0.81. Kilroy Realty has a fifty-two week low of $47.17 and a fifty-two week high of $79.06.
Hedge Funds Weigh In On Kilroy Realty
Several hedge funds and other institutional investors have recently modified their holdings of KRC. Ronald Blue Trust Inc. purchased a new position in Kilroy Realty during the 2nd quarter worth approximately $31,000. UMB Bank N A MO raised its position in Kilroy Realty by 632.7% during the 1st quarter. UMB Bank N A MO now owns 403 shares of the real estate investment trust’s stock worth $30,000 after buying an additional 348 shares during the last quarter. Acadian Asset Management LLC purchased a new position in Kilroy Realty during the 4th quarter worth approximately $31,000. Signaturefd LLC raised its position in Kilroy Realty by 42.5% during the 1st quarter. Signaturefd LLC now owns 808 shares of the real estate investment trust’s stock worth $62,000 after buying an additional 241 shares during the last quarter. Finally, Captrust Financial Advisors purchased a new position in Kilroy Realty during the 2nd quarter worth approximately $59,000. 90.12% of the stock is owned by hedge funds and other institutional investors.
Kilroy Realty Company Profile
Kilroy Realty Corporation (NYSE: KRC, the company, KRC) is a leading West Coast landlord and developer, with a major presence in San Diego, Greater Los Angeles, the San Francisco Bay Area, and the Pacific Northwest. The company has earned global recognition for sustainability, building operations, innovation and design.
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