Investors purchased shares of Kilroy Realty Corporation (NYSE:KRC) on weakness during trading on Friday. $48.46 million flowed into the stock on the tick-up and $5.91 million flowed out of the stock on the tick-down, for a money net flow of $42.55 million into the stock. Of all equities tracked, Kilroy Realty Corporation had the 19th highest net in-flow for the day. Kilroy Realty Corporation traded down ($0.06) for the day and closed at $72.32

A number of brokerages recently weighed in on KRC. Stifel Nicolaus reiterated a “buy” rating on shares of Kilroy Realty Corporation in a report on Thursday, August 3rd. BidaskClub upgraded shares of Kilroy Realty Corporation from a “strong sell” rating to a “sell” rating in a report on Monday, August 14th. Evercore ISI raised shares of Kilroy Realty Corporation from an “in-line” rating to an “outperform” rating and set a $78.00 target price on the stock in a research report on Monday, August 14th. Zacks Investment Research raised shares of Kilroy Realty Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, September 12th. Finally, Bank of America Corporation downgraded shares of Kilroy Realty Corporation from a “buy” rating to a “neutral” rating and cut their target price for the company from $80.00 to $77.00 in a research report on Wednesday, August 16th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $77.50.

The stock has a market cap of $7.11 billion, a PE ratio of 52.56 and a beta of 0.77. The stock has a 50-day moving average price of $69.42 and a 200 day moving average price of $71.98.

Kilroy Realty Corporation (NYSE:KRC) last issued its earnings results on Wednesday, July 26th. The real estate investment trust reported $0.87 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.86 by $0.01. The firm had revenue of $180.60 million for the quarter, compared to analysts’ expectations of $178.63 million. Kilroy Realty Corporation had a net margin of 21.75% and a return on equity of 4.11%. The firm’s revenue was up 12.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.86 earnings per share. On average, analysts forecast that Kilroy Realty Corporation will post $1.26 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 18th. Investors of record on Friday, September 29th will be issued a $0.425 dividend. The ex-dividend date is Thursday, September 28th. This represents a $1.70 annualized dividend and a yield of 2.35%. Kilroy Realty Corporation’s dividend payout ratio (DPR) is 122.30%.

A number of institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. increased its stake in Kilroy Realty Corporation by 2.7% in the second quarter. Vanguard Group Inc. now owns 15,346,920 shares of the real estate investment trust’s stock valued at $1,153,321,000 after purchasing an additional 406,523 shares during the last quarter. BlackRock Inc. increased its stake in Kilroy Realty Corporation by 1.4% in the second quarter. BlackRock Inc. now owns 11,298,274 shares of the real estate investment trust’s stock valued at $849,067,000 after purchasing an additional 151,580 shares during the last quarter. Daiwa Securities Group Inc. increased its stake in Kilroy Realty Corporation by 6.5% in the second quarter. Daiwa Securities Group Inc. now owns 4,678,028 shares of the real estate investment trust’s stock valued at $351,554,000 after purchasing an additional 285,640 shares during the last quarter. State Street Corp increased its stake in Kilroy Realty Corporation by 0.6% in the second quarter. State Street Corp now owns 4,279,346 shares of the real estate investment trust’s stock valued at $321,602,000 after purchasing an additional 27,475 shares during the last quarter. Finally, Principal Financial Group Inc. increased its stake in Kilroy Realty Corporation by 0.3% in the second quarter. Principal Financial Group Inc. now owns 3,393,416 shares of the real estate investment trust’s stock valued at $255,016,000 after purchasing an additional 11,693 shares during the last quarter. Institutional investors own 99.83% of the company’s stock.

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About Kilroy Realty Corporation

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.

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