Kilroy Realty (NYSE:KRC) Rating Lowered to Sell at Wall Street Zen

Kilroy Realty (NYSE:KRC) was downgraded by research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Saturday.

Other equities analysts have also issued research reports about the company. Wells Fargo & Company upped their price target on Kilroy Realty from $40.00 to $41.00 and gave the company an “equal weight” rating in a research note on Tuesday, November 25th. JPMorgan Chase & Co. reissued a “neutral” rating and set a $44.00 price objective (down from $46.00) on shares of Kilroy Realty in a report on Friday, October 17th. Barclays set a $39.00 target price on shares of Kilroy Realty in a research report on Tuesday, January 13th. Scotiabank lowered their price target on shares of Kilroy Realty from $47.00 to $42.00 and set a “sector perform” rating for the company in a research report on Wednesday, January 14th. Finally, BMO Capital Markets reissued a “market perform” rating on shares of Kilroy Realty in a research note on Wednesday, January 7th. One analyst has rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $40.43.

Kilroy Realty Stock Up 4.6%

KRC opened at $31.72 on Friday. The firm has a market cap of $3.76 billion, a price-to-earnings ratio of 13.73 and a beta of 1.10. The company has a debt-to-equity ratio of 0.81, a quick ratio of 2.13 and a current ratio of 2.13. The firm’s 50-day simple moving average is $37.09 and its 200-day simple moving average is $39.78. Kilroy Realty has a twelve month low of $27.07 and a twelve month high of $45.03.

Kilroy Realty (NYSE:KRC) last released its quarterly earnings results on Monday, February 9th. The real estate investment trust reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.98 by ($0.88). Kilroy Realty had a net margin of 24.82% and a return on equity of 4.91%. The business had revenue of $272.19 million for the quarter, compared to analyst estimates of $270.21 million. During the same period in the prior year, the business earned $1.20 earnings per share. The company’s revenue for the quarter was down 5.0% on a year-over-year basis. Kilroy Realty has set its FY 2026 guidance at 3.250-3.450 EPS. Equities research analysts anticipate that Kilroy Realty will post 4 EPS for the current fiscal year.

Hedge Funds Weigh In On Kilroy Realty

A number of hedge funds and other institutional investors have recently made changes to their positions in KRC. Caprock Group LLC acquired a new stake in shares of Kilroy Realty in the 3rd quarter valued at approximately $1,741,000. Nan Fung Trinity HK Ltd. acquired a new position in Kilroy Realty during the third quarter worth $3,270,000. Allianz Asset Management GmbH raised its position in Kilroy Realty by 134.3% during the third quarter. Allianz Asset Management GmbH now owns 141,806 shares of the real estate investment trust’s stock worth $5,991,000 after acquiring an additional 81,292 shares in the last quarter. Sequoia Financial Advisors LLC acquired a new stake in Kilroy Realty in the second quarter valued at $320,000. Finally, Federated Hermes Inc. grew its position in shares of Kilroy Realty by 6.4% in the 3rd quarter. Federated Hermes Inc. now owns 1,494,985 shares of the real estate investment trust’s stock valued at $63,163,000 after acquiring an additional 89,307 shares during the period. 94.22% of the stock is owned by institutional investors.

Kilroy Realty Company Profile

Kilroy Realty Corporation (NYSE: KRC) is a publicly traded real estate investment trust focused on the development, acquisition and management of high‐quality office and mixed‐use properties along the U.S. West Coast. The company’s portfolio encompasses major urban markets including Los Angeles, San Diego, the San Francisco Bay Area and Seattle. Kilroy Realty targets properties in transit‐oriented submarkets, blending workplace space with retail, residential and hospitality amenities to create vibrant, walkable neighborhoods.

Founded in the mid‐20th century by members of the Kilroy family, the company evolved from a regional landlord into one of the leading West Coast office landlords.