Rhumbline Advisers cut its holdings in Kite Realty Group Trust (NYSE:KRG – Free Report) by 3.2% in the third quarter, Holdings Channel.com reports. The fund owned 770,434 shares of the real estate investment trust’s stock after selling 25,565 shares during the quarter. Rhumbline Advisers’ holdings in Kite Realty Group Trust were worth $17,181,000 as of its most recent SEC filing.
Several other hedge funds also recently modified their holdings of KRG. Harbor Capital Advisors Inc. raised its holdings in shares of Kite Realty Group Trust by 54.8% during the 3rd 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 in the last quarter. First Horizon Corp acquired a new position in Kite Realty Group Trust during the third quarter worth $30,000. EverSource Wealth Advisors LLC raised its holdings in Kite Realty Group Trust by 118.4% during the second quarter. EverSource Wealth Advisors LLC now owns 1,365 shares of the real estate investment trust’s stock valued at $31,000 after buying an additional 740 shares in the last quarter. Smallwood Wealth Investment Management LLC raised its holdings in Kite Realty Group Trust by 57.9% during the third quarter. Smallwood Wealth Investment Management LLC now owns 1,748 shares of the real estate investment trust’s stock valued at $39,000 after buying an additional 641 shares in the last quarter. Finally, Versant Capital Management Inc lifted its position in shares of Kite Realty Group Trust by 21.4% in the third quarter. Versant Capital Management Inc now owns 3,085 shares of the real estate investment trust’s stock worth $69,000 after buying an additional 544 shares during the last quarter. Institutional investors and hedge funds own 90.81% of the company’s stock.
Kite Realty Group Trust Stock Up 3.3%
Shares of KRG stock opened at $25.85 on Wednesday. Kite Realty Group Trust has a 12 month low of $18.51 and a 12 month high of $26.13. The firm has a market cap of $5.60 billion, a PE ratio of 40.38, a price-to-earnings-growth ratio of 6.32 and a beta of 0.91. The stock has a 50 day moving average of $23.85 and a 200-day moving average of $22.85. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.93.
Kite Realty Group Trust Dividend Announcement
Kite Realty Group Trust News Roundup
Here are the key news stories impacting Kite Realty Group Trust this week:
- Positive Sentiment: Reported Q4 GAAP earnings well above expectations — KRG posted EPS of $0.86 vs. the consensus ~$0.51, signaling stronger quarterly profitability than modeled. GlobeNewswire Press Release
- Positive Sentiment: Company issued a materially higher FY2026 earnings guide (EPS 2.060–2.120) that sits well above the street’s prior consensus (~1.06), a catalyst for upward revisions to expectations and valuation. TipRanks: Kite Realty Guides 2026 FFO
- Neutral Sentiment: Funds from operations (FFO) for Q4 came in at $0.51, essentially meeting consensus, which reduces surprise risk but limits immediate upside from FFO beat. Zacks: Meets Q4 FFO Estimates
- Neutral Sentiment: Management color from the earnings call/transcript frames the quarter as balancing growth initiatives and near-term drags; useful for modeling but not an immediate buy/sell trigger. Seeking Alpha: Q4 2025 Earnings Call Transcript
- Negative Sentiment: FFO is slightly down year-over-year (Q4 FFO $0.51 vs. $0.53 a year ago), indicating modest operational pressure on the REIT’s cash earnings despite the GAAP EPS beat. Zacks: Compared to Estimates — Key Metrics
Wall Street Analyst Weigh In
A number of research analysts have recently commented on KRG shares. Wall Street Zen lowered Kite Realty Group Trust from a “hold” rating to a “sell” rating in a report on Saturday, November 1st. Wells Fargo & Company raised Kite Realty Group Trust from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $23.00 to $25.00 in a research report on Tuesday, October 21st. 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. Jefferies Financial Group restated a “hold” rating and issued a $24.00 price objective (up from $23.00) on shares of Kite Realty Group Trust in a research note on Monday, December 15th. Finally, UBS Group reiterated a “neutral” rating and issued a $25.00 target price (up from $24.00) on shares of Kite Realty Group Trust in a research note on Thursday, January 8th. Two analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $25.43.
Get Our Latest Analysis on KRG
About Kite Realty Group Trust
Kite Realty Group Trust (NYSE: KRG) is a real estate investment trust that specializes in the ownership, development and management of open-air retail real estate. Headquartered in Indianapolis, Indiana, the company focuses on acquiring, developing and operating community and neighborhood shopping centers, as well as mixed-use properties that accommodate national, regional and local retailers.
Established in 1994, Kite Realty has grown its portfolio through strategic development projects, targeted acquisitions and selective dispositions.
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