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 Trading Down 0.1%

NYSE:KRG traded down $0.02 on Tuesday, hitting $22.37. The stock had a trading volume of 399,334 shares, compared to its average volume of 1,872,765. 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 has a market cap of $4.92 billion, a price-to-earnings ratio of 28.32, a PEG ratio of 6.30 and a beta of 1.16. The company has a fifty day moving average price of $22.33 and a two-hundred day moving average price of $22.16. 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 posted its earnings results on Wednesday, July 30th. The real estate investment trust reported $0.51 earnings per share for the quarter, meeting the consensus estimate of $0.51. The company had revenue of $211.18 million for the quarter, compared to analyst estimates of $211.74 million. Kite Realty Group Trust had a net margin of 20.14% and a return on equity of 5.21%. 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 company 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 $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 4.8%. The ex-dividend date is Thursday, October 9th. Kite Realty Group Trust's payout ratio is presently 136.71%.

Institutional Investors Weigh In On Kite Realty Group Trust

Hedge funds have recently added to or reduced their stakes in the business. Smallwood Wealth Investment Management LLC acquired a new stake in Kite Realty Group Trust during the 1st quarter worth approximately $25,000. Opal Wealth Advisors LLC acquired a new stake in Kite Realty Group Trust during the 1st quarter worth approximately $25,000. Ameritas Advisory Services LLC acquired a new stake in Kite Realty Group Trust during the 2nd quarter worth approximately $30,000. EverSource Wealth Advisors LLC increased its position in shares of Kite Realty Group Trust by 118.4% in 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, UMB Bank n.a. increased its position in shares of Kite Realty Group Trust by 103.0% in the 2nd quarter. UMB Bank n.a. now owns 2,607 shares of the real estate investment trust's stock valued at $59,000 after purchasing an additional 1,323 shares during the last quarter. 90.81% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

KRG has been the topic of several recent analyst reports. Wall Street Zen lowered shares of Kite Realty Group Trust from a "buy" rating to a "hold" rating in a report on Friday, June 27th. Raymond James Financial decreased their target price on shares of 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. UBS Group began coverage on shares of Kite Realty Group Trust in a report on Tuesday, July 1st. They issued a "neutral" rating and a $24.00 price objective on the stock. Finally, Piper Sandler restated a "neutral" rating and issued a $24.00 price objective (down from $25.00) on shares of Kite Realty Group Trust in a report on Monday, August 4th. One 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 data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price 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.

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.