Kilroy Realty Corp. (NYSE:KRC)’s share price rose 2.3% during trading on Wednesday . The stock traded as high as $73.13 and last traded at $72.37, with a volume of 604,057 shares changing hands. The stock had previously closed at $70.77.

KRC has been the topic of several research reports. BTIG Research initiated coverage on Kilroy Realty Corp. in a research report on Thursday, August 25th. They set a “buy” rating and a $80.00 price target on the stock. Robert W. Baird reissued an “outperform” rating and set a $78.00 price target on shares of Kilroy Realty Corp. in a research report on Friday, August 26th. Citigroup Inc. upped their price target on Kilroy Realty Corp. from $68.00 to $71.00 and gave the company a “neutral” rating in a research report on Thursday, July 7th. Zacks Investment Research raised Kilroy Realty Corp. from a “sell” rating to a “hold” rating in a research report on Friday, July 29th. Finally, DA Davidson upped their price target on Kilroy Realty Corp. from $70.00 to $78.00 and gave the company a “neutral” rating in a research report on Wednesday, July 27th. Five equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $75.33.

The stock has a 50-day moving average of $71.11 and a 200-day moving average of $63.92. The firm has a market capitalization of $6.69 billion and a P/E ratio of 20.71.

Kilroy Realty Corp. (NYSE:KRC) last released its earnings results on Monday, July 25th. The real estate investment trust reported $0.86 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.85 by $0.01. The business earned $160.10 million during the quarter, compared to analyst estimates of $140.64 million. The business’s quarterly revenue was up 9.5% compared to the same quarter last year. During the same period last year, the business earned $0.82 EPS. Equities analysts expect that Kilroy Realty Corp. will post $3.41 EPS for the current year.

A hedge fund recently raised its stake in Kilroy Realty Corp. stock. Utah Retirement Systems raised its position in shares of Kilroy Realty Corp. (NYSE:KRC) by 0.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,550 shares of the real estate investment trust’s stock after buying an additional 100 shares during the period. Utah Retirement Systems’ holdings in Kilroy Realty Corp. were worth $1,174,000 at the end of the most recent quarter.

Kilroy Realty Corporation is a self-administered real estate investment trust (REIT). The Company focuses on office submarkets in the West Coast. The Company owns, develops, acquires and manages real estate assets consisting of Class A real estate properties in the coastal regions of Los Angeles, Orange County, San Diego County, the San Francisco Bay Area and greater Seattle.

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