Arrowstreet Capital Limited Partnership Has $15.43 Million Holdings in Kite Realty Group Trust $KRG

Arrowstreet Capital Limited Partnership increased its holdings in shares of Kite Realty Group Trust (NYSE:KRG - Free Report) by 255.4% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 681,104 shares of the real estate investment trust's stock after acquiring an additional 489,467 shares during the quarter. Arrowstreet Capital Limited Partnership owned about 0.31% of Kite Realty Group Trust worth $15,427,000 as of its most recent filing with the SEC.Other institutional investors and hedge funds have also recently made changes to their positions in the company. New York State Common Retirement Fund raised its holdings in Kite Realty Group Trust by 1.3% in the 2nd quarter. New York State Common Retirement Fund now owns 109,949 shares of the real estate investment trust's stock valued at $2,490,000 after acquiring an additional 1,360 shares in the last quarter. Virtus Investment Advisers LLC raised its stake in Kite Realty Group Trust by 26.8% in the second quarter. Virtus Investment Advisers LLC now owns 7,564 shares of the real estate investment trust's stock valued at $171,000 after purchasing an additional 1,597 shares in the last quarter. Norges Bank bought a new stake in Kite Realty Group Trust during the second quarter worth about $65,504,000. Hsbc Holdings PLC lifted its position in Kite Realty Group Trust by 18.1% during the second quarter. Hsbc Holdings PLC now owns 340,228 shares of the real estate investment trust's stock worth $7,674,000 after purchasing an additional 52,190 shares during the period. Finally, Capital Fund Management S.A. acquired a new stake in Kite Realty Group Trust during the second quarter worth about $1,882,000. Institutional investors and hedge funds own 90.81% of the company's stock. Wall Street Analysts Forecast GrowthA number of equities research analysts have weighed in on the company. Wall Street Zen downgraded Kite Realty Group Trust from a "hold" rating to a "sell" rating in a report on Saturday, November 1st. LADENBURG THALM/SH SH assumed coverage on Kite Realty Group Trust in a research report on Tuesday, September 9th. They issued a "buy" rating and a $30.00 target price on the stock. Wells Fargo & Company raised Kite Realty Group Trust from an "equal weight" rating to an "overweight" rating and boosted their target price for the stock from $23.00 to $25.00 in a research note on Tuesday, October 21st. Citigroup restated a "neutral" rating and issued a $24.00 price target (down from $28.00) on shares of Kite Realty Group Trust in a research note on Friday, September 12th. Finally, Raymond James Financial lowered shares of Kite Realty Group Trust from a "strong-buy" rating to a "market perform" rating in a report on Tuesday, November 11th. Two analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $25.88.Check Out Our Latest Report on KRGKite Realty Group Trust Price PerformanceKRG stock opened at $22.16 on Tuesday. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.98 and a quick ratio of 0.98. The company's 50-day moving average is $22.41 and its 200-day moving average is $22.36. The stock has a market capitalization of $4.80 billion, a PE ratio of 34.62, a price-to-earnings-growth ratio of 5.71 and a beta of 0.90. Kite Realty Group Trust has a 1 year low of $18.51 and a 1 year high of $27.04. Kite Realty Group Trust (NYSE:KRG - Get Free Report) last posted its earnings results on Wednesday, October 29th. The real estate investment trust reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.01. Kite Realty Group Trust had a net margin of 16.34% and a return on equity of 4.27%. The firm had revenue of $205.06 million during the quarter, compared to analyst estimates of $208.82 million. Kite Realty Group Trust has set its FY 2025 guidance at 2.090-2.110 EPS. Equities research analysts expect that Kite Realty Group Trust will post 2.05 EPS for the current fiscal year. Kite Realty Group Trust Increases DividendThe company also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Friday, January 9th will be issued a $0.29 dividend. This represents a $1.16 annualized dividend and a yield of 5.2%. The ex-dividend date of this dividend is Friday, January 9th. This is a positive change from Kite Realty Group Trust's previous quarterly dividend of $0.27. Kite Realty Group Trust's payout ratio is 168.75%. Kite Realty Group Trust Profile (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.Featured ArticlesFive stocks we like better than Kite Realty Group TrustLarge Cap Stock Definition and How to InvestWhat Dollar Tree’s Surge and Home Depot’s Slide Say About Consumer HealthStock Average Calculator 3 Stocks Most Likely to Split in 2026Low PE Growth Stocks: Unlocking Investment OpportunitiesChargePoint's Comeback Story: Why This EV Stock Is Charging Up AgainWant to see what other hedge funds are holding KRG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kite Realty Group Trust (NYSE:KRG - Free Report).This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Kite Realty Group Trust Right Now?Before you consider Kite Realty Group Trust, you'll want to hear this.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. 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