<div id="readability-page-1"><p>Kite Realty Group Trust (NYSE:KRG - Get Free Report) saw a significant growth in short interest in July. As of July 31st, there was short interest totalling 6,050,000 shares, a growth of 17.0% from the July 15th total of 5,170,000 shares. Based on an average trading volume of 1,410,000 shares, the short-interest ratio is presently 4.3 days.</p><h2>Wall Street Analyst Weigh In</h2><p>KRG has been the topic of several recent research reports. Raymond James raised Kite Realty Group Trust from a &#34;market perform&#34; rating to a &#34;strong-buy&#34; rating and set a $28.00 price target on the stock in a research note on Friday. Robert W. Baird boosted their target price on Kite Realty Group Trust from $25.00 to $26.00 and gave the company a &#34;neutral&#34; rating in a research note on Wednesday, July 31st. Finally, Wells Fargo &amp; Company raised their price target on shares of Kite Realty Group Trust from $22.00 to $23.00 and gave the stock an &#34;underweight&#34; rating in a research note on Tuesday, May 28th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, three have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Kite Realty Group Trust presently has a consensus rating of &#34;Moderate Buy&#34; and a consensus target price of $26.33.</p><p><b>Check Out Our Latest Analysis on KRG</b></p><h2>Kite Realty Group Trust Stock Performance</h2><p>Shares of KRG traded up $0.02 during trading hours on Friday, hitting $25.03. The company had a trading volume of 1,544,133 shares, compared to its average volume of 1,668,803. The firm has a market cap of $5.50 billion, a price-to-earnings ratio of 96.27, a PEG ratio of 6.25 and a beta of 1.31. The business has a fifty day moving average of $23.14 and a 200-day moving average of $21.88. Kite Realty Group Trust has a 12 month low of $19.64 and a 12 month high of $25.56. The company has a quick ratio of 2.72, a current ratio of 2.08 and a debt-to-equity ratio of 0.88. </p><h2>Kite Realty Group Trust Increases Dividend</h2><p>The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 16th. Stockholders of record on Wednesday, October 9th will be given a $0.26 dividend. The ex-dividend date is Wednesday, October 9th. This is a positive change from Kite Realty Group Trust's previous quarterly dividend of $0.25. This represents a $1.04 annualized dividend and a dividend yield of 4.16%. Kite Realty Group Trust's dividend payout ratio is presently 400.00%. </p><h2>Institutional Investors Weigh In On Kite Realty Group Trust</h2><p>Large investors have recently bought and sold shares of the company. Pineridge Advisors LLC acquired a new stake in Kite Realty Group Trust during the fourth quarter worth about $39,000. Wolverine Asset Management LLC grew its stake in Kite Realty Group Trust by 280.5% during the fourth quarter. Wolverine Asset Management LLC now owns 1,800 shares of the real estate investment trust's stock worth $41,000 after buying an additional 1,327 shares in the last quarter. Fidelis Capital Partners LLC acquired a new stake in Kite Realty Group Trust during the first quarter worth about $42,000. GAMMA Investing LLC grew its stake in Kite Realty Group Trust by 158.2% during the second quarter. GAMMA Investing LLC now owns 1,965 shares of the real estate investment trust's stock worth $44,000 after buying an additional 1,204 shares in the last quarter. Finally, Quarry LP boosted its stake in shares of Kite Realty Group Trust by 108.4% in the 2nd quarter. Quarry LP now owns 2,244 shares of the real estate investment trust's stock valued at $50,000 after purchasing an additional 1,167 shares in the last quarter. 90.81% of the stock is currently owned by institutional investors and hedge funds. </p><h2>About Kite Realty Group Trust</h2> (Get Free Report)<p>Kite Realty Group Trust <span>NYSE: KRG<span></span></span> 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.</p><h2>See Also</h2><ul><li>Five stocks we like better than Kite Realty Group Trust</li><li>3 Home Improvement Stocks that Can Upgrade Your Portfolio</li><li>This Small Cap Wealth Management Stock Could Provide Big Returns</li><li>What does consumer price index measure? </li><li>Bumble's Valuation Hits an All-Time Low, Can Its Fortunes Change?</li><li>3 Warren Buffett Stocks to Buy Now</li><li>MarketBeat Week in Review – 8/12 - 8/16</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><p>→ URGENT: Your Financial Freedom is Under Attack – Act Now! <span><span>(From Anthem Gold Group)</span> <span>(Ad)</span></span><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/TriggeredCampaignPixel.ashx/query-UGxhY2VtZW50PU5hdGl2ZURpc3BsYXkmU291cmNlPU5hdGl2ZURpc3BsYXkmVHJpZ2dlcmVkQ2FtcGFpZ25JRD05MTk0?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" height="1" width="1" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/TriggeredCampaignPixel.ashx/query-UGxhY2VtZW50PU5hdGl2ZURpc3BsYXkmU291cmNlPU5hdGl2ZURpc3BsYXkmVHJpZ2dlcmVkQ2FtcGFpZ25JRD05MTk0"/></p><h2>Should you invest $1,000 in Kite Realty Group Trust right now?</h2><p>Before you consider Kite Realty Group Trust, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Kite Realty Group Trust wasn't on the list.</p><p>While Kite Realty Group Trust currently has a &#34;Moderate Buy&#34; rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p> </div>

<p>Kite Realty Group Trust (NYSE:KRG) experienced a 17.0% increase in short interest, totaling 6,050,000 shares as of July 31st. This rise is notable from 5,170,000 shares on July 15th, yielding a short-interest ratio of 4.3 days based on average trading volumes. Analysts have issued mixed ratings, with one sell, two holds, three buys, and one strong buy. In addition, the company announced a quarterly dividend increase from $0.25 to $0.26, reflecting a 4.16% yield. Institutional ownership stands at 90.81%.</p>

Short Interest in Kite Realty Group Trust (NYSE:KRG) Increases By 17.0%