Evercore ISI Sticks to Its Hold Rating for Kilroy Realty (KRC)

Evercore ISI analyst Steve Sakwa reiterated a Hold rating on Kilroy Realty today and set a price target of $46.00.

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According to TipRanks, Sakwa is a 2-star analyst with an average return of 0.1% and a 48.53% success rate. Sakwa covers the Real Estate sector, focusing on stocks such as Equity Residential, AvalonBay, and Essex Property.

In addition to Evercore ISI, Kilroy Realty also received a Hold from Barclays’s Brendan Lynch in a report issued on November 3. However, on the same day, RBC Capital upgraded Kilroy Realty (NYSE: KRC) to a Buy.

Based on Kilroy Realty’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $279.74 million and a net profit of $156.22 million. In comparison, last year the company earned a revenue of $289.94 million and had a net profit of $52.38 million

Based on the recent corporate insider activity of 101 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of KRC in relation to earlier this year. Earlier this month, Heidi Rena Roth, the EVP, Chief Administrative Officer of KRC sold 3,944.00 shares for a total of $165,569.12.