Wells Fargo Reaffirms Their Hold Rating on Kilroy Realty (KRC)

In a report released today, Blaine Heck from Wells Fargo maintained a Hold rating on Kilroy Realty, with a price target of $41.00.

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According to TipRanks, Heck is an analyst with an average return of -0.5% and a 52.23% success rate. Heck covers the Real Estate sector, focusing on stocks such as BXP, Rexford Industrial Realty, and Eastgroup Properties.

Currently, the analyst consensus on Kilroy Realty is a Hold with an average price target of $44.40.

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.