Representative Lisa C. McClain (R-Michigan) recently sold shares of Kite Realty Group Trust (NYSE:KRG). In a filing disclosed on November 21st, the Representative disclosed that they had sold between $1,001 and $15,000 in Kite Realty Group Trust stock on October 31st. The trade occurred in the Representative’s “CHARLES SCHWAB 401K > SCHWAB 893” account.
Representative Lisa C. McClain also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Coherent (NYSE:COHR) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Clorox (NYSE:CLX) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Northern Trust (NASDAQ:NTRS) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Honda Motor (NYSE:HMC) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Home BancShares (NYSE:HOMB) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Five Below (NASDAQ:FIVE) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Pure Storage (NYSE:PSTG) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of BHP Group (NYSE:BHP) on 10/31/2025.
Kite Realty Group Trust Price Performance
Shares of NYSE KRG opened at $22.79 on Tuesday. The company has a market capitalization of $4.93 billion, a PE ratio of 35.60, a PEG ratio of 6.16 and a beta of 1.13. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 0.91. The stock’s 50 day moving average price is $22.27 and its 200-day moving average price is $22.35. Kite Realty Group Trust has a twelve month low of $18.51 and a twelve month high of $28.24.
Kite Realty Group Trust Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Friday, January 9th will be given a dividend of $0.29 per share. The ex-dividend date of this dividend is Friday, January 9th. This represents a $1.16 annualized dividend and a dividend yield of 5.1%. This is an increase from Kite Realty Group Trust’s previous quarterly dividend of $0.27. Kite Realty Group Trust’s payout ratio is 181.25%.
Insider Activity at Kite Realty Group Trust
In other news, CEO John A. Kite sold 50,000 shares of the firm’s stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $22.70, for a total value of $1,135,000.00. Following the completion of the transaction, the chief executive officer directly owned 54,121 shares of the company’s stock, valued at $1,228,546.70. This trade represents a 48.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 2.50% of the stock is owned by insiders.
Hedge Funds Weigh In On Kite Realty Group Trust
Large investors have recently modified their holdings of the business. Harbor Capital Advisors Inc. raised its position in shares of Kite Realty Group Trust by 54.8% in the third quarter. Harbor Capital Advisors Inc. now owns 1,305 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 462 shares during the period. Ameritas Advisory Services LLC bought a new position in Kite Realty Group Trust in the 2nd quarter worth approximately $30,000. First Horizon Corp purchased a new position in Kite Realty Group Trust in the 3rd quarter valued at approximately $30,000. EverSource Wealth Advisors LLC raised its holdings in Kite Realty Group Trust by 118.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,365 shares of the real estate investment trust’s stock valued at $31,000 after acquiring an additional 740 shares during the period. Finally, Smallwood Wealth Investment Management LLC raised its holdings in Kite Realty Group Trust by 57.9% during the 3rd quarter. Smallwood Wealth Investment Management LLC now owns 1,748 shares of the real estate investment trust’s stock valued at $39,000 after acquiring an additional 641 shares during the period. Hedge funds and other institutional investors own 90.81% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities research analysts have recently commented on KRG shares. Wells Fargo & Company upgraded Kite Realty Group Trust from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $23.00 to $25.00 in a research note on Tuesday, October 21st. Raymond James Financial downgraded shares of Kite Realty Group Trust from a “strong-buy” rating to a “market perform” rating in a report on Tuesday, November 11th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Kite Realty Group Trust in a research report on Wednesday, November 19th. Piper Sandler reissued a “neutral” rating and set a $24.00 target price (down from $25.00) on shares of Kite Realty Group Trust in a research report on Monday, August 4th. Finally, Citigroup restated a “neutral” rating and set a $24.00 price target (down previously from $28.00) on shares of Kite Realty Group Trust in a research note on Friday, September 12th. Two research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $25.88.
Check Out Our Latest Report on Kite Realty Group Trust
About Representative McClain
Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan’s 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.
McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan’s 9th Congressional District. She declared candidacy for the 2026 election.
Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor’s degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.
Kite Realty Group Trust Company Profile
Kite Realty Group Trust (NYSE: KRG) is a real estate investment trust (REIT) headquartered in Indianapolis, IN that is one of the largest publicly traded owners and operators of open-air shopping centers and mixed-use assets. The Company’s primarily grocery-anchored portfolio is located in high-growth Sun Belt and select strategic gateway markets.
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