Representative Lisa C. McClain (R-Michigan) recently bought shares of Kite Realty Group Trust (NYSE:KRG). In a filing disclosed on November 21st, the Representative disclosed that they had bought between $1,001 and $15,000 in Kite Realty Group Trust stock on October 30th. 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 Stock Up 1.0%
NYSE:KRG traded up $0.23 during trading hours on Tuesday, reaching $23.02. 1,622,377 shares of the company traded hands, compared to its average volume of 1,872,589. The business’s 50-day moving average price is $22.27 and its two-hundred day moving average price is $22.35. The stock has a market capitalization of $4.98 billion, a P/E ratio of 35.97, a P/E/G ratio of 6.16 and a beta of 1.13. Kite Realty Group Trust has a 1 year low of $18.51 and a 1 year high of $28.24. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 0.91.
Kite Realty Group Trust Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Friday, January 9th will be given a dividend of $0.29 per share. This is a boost from Kite Realty Group Trust’s previous quarterly dividend of $0.27. The ex-dividend date of this dividend is Friday, January 9th. This represents a $1.16 dividend on an annualized basis and a yield of 5.0%. Kite Realty Group Trust’s dividend payout ratio is 181.25%.
Analyst Upgrades and Downgrades
KRG has been the subject of a number of analyst reports. LADENBURG THALM/SH SH assumed coverage on shares of Kite Realty Group Trust in a research note on Tuesday, September 9th. They set a “buy” rating and a $30.00 price objective for the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Kite Realty Group Trust in a report on Wednesday, November 19th. Wall Street Zen lowered shares of Kite Realty Group Trust from a “hold” rating to a “sell” rating in a report on Saturday, November 1st. Piper Sandler reaffirmed a “neutral” rating and issued a $24.00 price objective (down from $25.00) on shares of Kite Realty Group Trust in a research report on Monday, August 4th. Finally, Citigroup reissued a “neutral” rating and issued a $24.00 target price (down previously from $28.00) on shares of Kite Realty Group Trust in a report on Friday, September 12th. Two analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $25.88.
View Our Latest Stock Analysis on Kite Realty Group Trust
Institutional Investors Weigh In On Kite Realty Group Trust
A number of hedge funds have recently added to or reduced their stakes in KRG. Harbor Capital Advisors Inc. grew its holdings 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 worth $29,000 after acquiring an additional 462 shares during the period. Ameritas Advisory Services LLC purchased a new position in Kite Realty Group Trust in the second quarter worth about $30,000. First Horizon Corp bought a new stake in shares of Kite Realty Group Trust during the 3rd quarter valued at about $30,000. EverSource Wealth Advisors LLC increased its position in shares of 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 purchasing an additional 740 shares during the last quarter. Finally, Smallwood Wealth Investment Management LLC lifted its stake in shares of Kite Realty Group Trust by 57.9% in the 3rd quarter. Smallwood Wealth Investment Management LLC now owns 1,748 shares of the real estate investment trust’s stock worth $39,000 after purchasing an additional 641 shares during the period. 90.81% of the stock is currently owned by hedge funds and other institutional investors.
Insider Transactions at Kite Realty Group Trust
In other Kite Realty Group Trust news, CEO John A. Kite sold 50,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $22.70, for a total transaction of $1,135,000.00. Following the completion of the sale, the chief executive officer directly owned 54,121 shares of the company’s stock, valued at approximately $1,228,546.70. This represents a 48.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 2.50% of the company’s stock.
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.
About Kite Realty Group Trust
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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