J P Morgan Chase & Co cut shares of Kilroy Realty (NYSE:KRC) from an overweight rating to a neutral rating in a report published on Friday, Marketbeat.com reports. They currently have $79.00 price objective on the real estate investment trust’s stock.

A number of other research firms also recently weighed in on KRC. Goldman Sachs Group initiated coverage on Kilroy Realty in a research report on Tuesday, September 19th. They set a neutral rating and a $70.00 target price for the company. Zacks Investment Research downgraded Kilroy Realty from a hold rating to a sell rating in a research report on Wednesday, October 4th. Stifel Nicolaus reiterated a buy rating and set a $77.00 target price on shares of Kilroy Realty in a research report on Thursday, September 21st. Finally, KeyCorp reiterated a hold rating on shares of Kilroy Realty in a research report on Friday, August 25th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average price target of $77.63.

Shares of Kilroy Realty (NYSE KRC) opened at $75.32 on Friday. The stock has a market capitalization of $7,410.13, a price-to-earnings ratio of 21.96, a P/E/G ratio of 2.98 and a beta of 0.79. Kilroy Realty has a one year low of $67.00 and a one year high of $78.33. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.63.

Kilroy Realty (NYSE:KRC) last released its earnings results on Wednesday, October 25th. The real estate investment trust reported $0.67 earnings per share for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.19). The company had revenue of $181.50 million for the quarter, compared to the consensus estimate of $179.03 million. Kilroy Realty had a net margin of 23.77% and a return on equity of 4.44%. The business’s revenue was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.92 earnings per share. equities analysts predict that Kilroy Realty will post 3.52 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 12th. Investors of record on Friday, December 29th will be given a dividend of $0.425 per share. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $1.70 annualized dividend and a dividend yield of 2.26%. Kilroy Realty’s dividend payout ratio is currently 111.84%.

Institutional investors and hedge funds have recently modified their holdings of the business. Schwab Charles Investment Management Inc. increased its stake in shares of Kilroy Realty by 11.1% in the second quarter. Schwab Charles Investment Management Inc. now owns 855,035 shares of the real estate investment trust’s stock valued at $64,256,000 after buying an additional 85,633 shares during the period. Arizona State Retirement System boosted its position in shares of Kilroy Realty by 1.7% during the 2nd quarter. Arizona State Retirement System now owns 41,400 shares of the real estate investment trust’s stock valued at $3,111,000 after purchasing an additional 700 shares in the last quarter. Advisors Asset Management Inc. boosted its position in shares of Kilroy Realty by 5.5% during the 2nd quarter. Advisors Asset Management Inc. now owns 10,530 shares of the real estate investment trust’s stock valued at $791,000 after purchasing an additional 553 shares in the last quarter. State of Wisconsin Investment Board boosted its holdings in Kilroy Realty by 0.4% in the second quarter. State of Wisconsin Investment Board now owns 19,263 shares of the real estate investment trust’s stock worth $1,448,000 after acquiring an additional 70 shares in the last quarter. Finally, SG Americas Securities LLC boosted its holdings in Kilroy Realty by 74.7% in the second quarter. SG Americas Securities LLC now owns 30,601 shares of the real estate investment trust’s stock worth $2,300,000 after acquiring an additional 13,087 shares in the last quarter. 97.86% of the stock is owned by institutional investors and hedge funds.

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Kilroy Realty Company Profile

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 (NYSE:KRC)

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