Rep. Lisa C. McClain Sells Off Shares of Kite Realty Group Trust (NYSE:KRG)

Key Points

• Representative Lisa C. McClain sold between $1,001 and $15,000 in shares of Kite Realty Group Trust (NYSE:KRG) on June 17th, as disclosed in a filing on August 13th.
• Kite Realty Group Trust recently reported $0.51 earnings per share for the last quarter, matching analysts' expectations, but had a revenue of $211.18 million, slightly below the consensus estimate of $211.74 million.
• The company declared a quarterly dividend of $0.27 per share, with a yield of 4.9%, to be paid on October 16th, reflecting a dividend payout ratio of 136.71%.

Representative Lisa C. McClain (R-Michigan) recently sold shares of Kite Realty Group Trust NYSE: KRG. In a filing disclosed on August 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Kite Realty Group Trust stock on June 17th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

Kite Realty Group Trust Price Performance

NYSE:KRG traded up $0.8940 during trading hours on Friday, reaching $22.7640. 1,708,698 shares of the company traded hands, compared to its average volume of 1,774,952. The firm's 50-day moving average is $22.33 and its 200-day moving average is $22.17. The stock has a market cap of $5.00 billion, a P/E ratio of 28.82, a P/E/G ratio of 6.30 and a beta of 1.16. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.70 and a quick ratio of 1.70. Kite Realty Group Trust has a 1-year low of $18.51 and a 1-year high of $28.24.

Kite Realty Group Trust (NYSE:KRG - Get Free Report) last announced its earnings results on Wednesday, July 30th. The real estate investment trust reported $0.51 EPS for the quarter, meeting analysts' consensus estimates of $0.51. The firm had revenue of $211.18 million for the quarter, compared to analysts' expectations of $211.74 million. Kite Realty Group Trust had a return on equity of 5.21% and a net margin of 20.14%. Kite Realty Group Trust has set its FY 2025 guidance at 2.060-2.100 EPS. Equities research analysts expect that Kite Realty Group Trust will post 2.05 earnings per share for the current fiscal year.

Kite Realty Group Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 16th. Shareholders of record on Thursday, October 9th will be issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date is Thursday, October 9th. Kite Realty Group Trust's dividend payout ratio is 136.71%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Optiver Holding B.V. boosted its holdings in Kite Realty Group Trust by 19.9% in the fourth quarter. Optiver Holding B.V. now owns 2,813 shares of the real estate investment trust's stock valued at $71,000 after acquiring an additional 467 shares during the last quarter. Louisiana State Employees Retirement System boosted its holdings in Kite Realty Group Trust by 0.8% in the first quarter. Louisiana State Employees Retirement System now owns 61,500 shares of the real estate investment trust's stock valued at $1,376,000 after acquiring an additional 500 shares during the last quarter. Truist Financial Corp boosted its holdings in Kite Realty Group Trust by 5.3% in the second quarter. Truist Financial Corp now owns 10,024 shares of the real estate investment trust's stock valued at $227,000 after acquiring an additional 503 shares during the last quarter. Nissay Asset Management Corp Japan ADV boosted its holdings in Kite Realty Group Trust by 1.8% in the fourth quarter. Nissay Asset Management Corp Japan ADV now owns 32,178 shares of the real estate investment trust's stock valued at $806,000 after acquiring an additional 556 shares during the last quarter. Finally, FIL Ltd boosted its holdings in Kite Realty Group Trust by 19.8% in the fourth quarter. FIL Ltd now owns 3,500 shares of the real estate investment trust's stock valued at $88,000 after acquiring an additional 579 shares during the last quarter. Institutional investors and hedge funds own 90.81% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on KRG shares. Wall Street Zen cut Kite Realty Group Trust from a "buy" rating to a "hold" rating in a report on Friday, June 27th. Piper Sandler restated a "neutral" rating and set a $24.00 price objective (down previously from $25.00) on shares of Kite Realty Group Trust in a report on Monday, August 4th. UBS Group started coverage on Kite Realty Group Trust in a report on Tuesday, July 1st. They set a "neutral" rating and a $24.00 price objective on the stock. Finally, Raymond James Financial decreased their price objective on Kite Realty Group Trust from $28.00 to $26.00 and set a "strong-buy" rating on the stock in a report on Friday, May 23rd. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $27.11.

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.