Evercore ISI downgraded shares of Kilroy Realty Corp. (NYSE:KRC) from a buy rating to a hold rating in a research report released on Monday. Evercore ISI currently has $76.00 price target on the real estate investment trust’s stock, down from their prior price target of $77.00.

Several other research firms have also issued reports on KRC. Stifel Nicolaus lifted their price target on Kilroy Realty Corp. from $75.00 to $80.00 and gave the stock a buy rating in a research report on Thursday, September 1st. Zacks Investment Research lowered Kilroy Realty Corp. from a buy rating to a hold rating in a research report on Thursday, November 17th. Robert W. Baird reissued an outperform rating and issued a $78.00 target price on shares of Kilroy Realty Corp. in a research report on Friday, August 26th. BTIG Research initiated coverage on Kilroy Realty Corp. in a research report on Thursday, August 25th. They issued a buy rating and a $80.00 target price for the company. Finally, Bank of America Corp. raised Kilroy Realty Corp. from a neutral rating to a buy rating and set a $81.00 target price for the company in a research report on Friday, October 14th. Five equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Kilroy Realty Corp. has a consensus rating of Buy and an average price target of $76.50.

Kilroy Realty Corp. (NYSE:KRC) opened at 72.34 on Monday. Kilroy Realty Corp. has a 52-week low of $46.76 and a 52-week high of $74.45. The company has a market capitalization of $6.67 billion, a price-to-earnings ratio of 24.51 and a beta of 0.82. The stock has a 50 day moving average of $70.63 and a 200-day moving average of $68.55.

Kilroy Realty Corp. (NYSE:KRC) last posted its quarterly earnings results on Wednesday, October 26th. The real estate investment trust reported $0.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.87 by $0.05. The firm earned $168.30 million during the quarter, compared to analyst estimates of $144.06 million. Kilroy Realty Corp. had a return on equity of 8.94% and a net margin of 46.62%. Kilroy Realty Corp.’s quarterly revenue was up 18.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.77 EPS. On average, equities research analysts anticipate that Kilroy Realty Corp. will post $3.45 earnings per share for the current fiscal year.

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Several hedge funds and other institutional investors have recently made changes to their positions in KRC. Cohen & Steers Inc. increased its position in shares of Kilroy Realty Corp. by 23.2% in the second quarter. Cohen & Steers Inc. now owns 18,674,882 shares of the real estate investment trust’s stock worth $603,946,000 after buying an additional 3,510,750 shares during the period. Vanguard Group Inc. increased its position in shares of Kilroy Realty Corp. by 2.8% in the second quarter. Vanguard Group Inc. now owns 13,929,788 shares of the real estate investment trust’s stock worth $923,405,000 after buying an additional 380,082 shares during the period. BlackRock Fund Advisors increased its position in shares of Kilroy Realty Corp. by 4.6% in the third quarter. BlackRock Fund Advisors now owns 4,741,982 shares of the real estate investment trust’s stock worth $328,856,000 after buying an additional 209,190 shares during the period. BlackRock Institutional Trust Company N.A. increased its position in shares of Kilroy Realty Corp. by 2.3% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 3,999,834 shares of the real estate investment trust’s stock worth $265,149,000 after buying an additional 90,530 shares during the period. Finally, State Street Corp increased its position in shares of Kilroy Realty Corp. by 1.4% in the second quarter. State Street Corp now owns 3,940,538 shares of the real estate investment trust’s stock worth $261,220,000 after buying an additional 53,336 shares during the period.

About Kilroy Realty Corp.

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.

5 Day Chart for NYSE:KRC

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