Rep. Lisa C. McClain Sells Kite Realty Group Trust (NYSE:KRG) Stock

by · The Cerbat Gem

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 Stock Performance

KRG stock traded up $0.09 during trading hours on Wednesday, reaching $23.11. The stock had a trading volume of 376,408 shares, compared to its average volume of 1,865,845. The stock has a market capitalization of $5.00 billion, a PE ratio of 36.10, a price-to-earnings-growth ratio of 6.16 and a beta of 1.13. The stock has a 50-day simple moving average of $22.29 and a 200 day simple moving average of $22.36. Kite Realty Group Trust has a fifty-two week low of $18.51 and a fifty-two week high of $28.24. 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 (NYSE:KRGGet Free Report) last issued its earnings results on Wednesday, October 29th. The real estate investment trust reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.01. The business had revenue of $205.06 million during the quarter, compared to the consensus estimate of $208.82 million. Kite Realty Group Trust had a net margin of 16.34% and a return on equity of 4.23%. Kite Realty Group Trust has set its FY 2025 guidance at 2.090-2.110 EPS. Analysts predict that Kite Realty Group Trust will post 2.05 EPS for the current fiscal year.

Kite Realty Group Trust Increases Dividend

The company also recently declared 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. This represents a $1.16 annualized dividend and a yield of 5.0%. This is an increase from Kite Realty Group Trust’s previous quarterly dividend of $0.27. The ex-dividend date of this dividend is Friday, January 9th. Kite Realty Group Trust’s payout ratio is currently 181.25%.

Hedge Funds Weigh In On Kite Realty Group Trust

Institutional investors have recently bought and sold shares of the business. Harbor Capital Advisors Inc. lifted its holdings in shares of Kite Realty Group Trust by 54.8% in the 3rd 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 last quarter. NewEdge Wealth LLC lifted its stake in shares of Kite Realty Group Trust by 2.7% in the 3rd quarter. NewEdge Wealth LLC now owns 18,058 shares of the real estate investment trust’s stock valued at $398,000 after acquiring an additional 467 shares during the last quarter. Truist Financial Corp boosted its holdings in Kite Realty Group Trust by 5.3% during the 2nd 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 period. Versant Capital Management Inc increased its stake in Kite Realty Group Trust by 21.4% in the 3rd quarter. Versant Capital Management Inc now owns 3,085 shares of the real estate investment trust’s stock worth $69,000 after purchasing an additional 544 shares during the period. Finally, State of Alaska Department of Revenue boosted its stake in shares of Kite Realty Group Trust by 0.5% during the second quarter. State of Alaska Department of Revenue now owns 131,664 shares of the real estate investment trust’s stock valued at $2,981,000 after purchasing an additional 641 shares during the period. Institutional investors and hedge funds own 90.81% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on KRG shares. Wells Fargo & Company raised 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 report on Tuesday, October 21st. Wall Street Zen lowered Kite Realty Group Trust from a “hold” rating to a “sell” rating in a research note on Saturday, November 1st. LADENBURG THALM/SH SH initiated coverage on shares of Kite Realty Group Trust in a research report on Tuesday, September 9th. They set a “buy” rating and a $30.00 price objective for the company. Piper Sandler restated a “neutral” rating and issued 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, Raymond James Financial lowered shares of Kite Realty Group Trust from a “strong-buy” rating to a “market perform” rating in a research report on Tuesday, November 11th. Two analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $25.88.

Check Out Our Latest Stock Report on Kite Realty Group Trust

Insider Buying and Selling

In other Kite Realty Group Trust news, CEO John A. Kite sold 50,000 shares of the firm’s stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $22.70, for a total value of $1,135,000.00. Following the sale, the chief executive officer owned 54,121 shares of the company’s stock, valued at $1,228,546.70. This trade represents a 48.02% decrease in their position. The sale 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 corporate insiders.

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

(Get Free Report)

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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