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Chairman and CEO of Kite Realty Group Trust (NYSE:KRG), John A. Kite, sold 50,000 common shares of the company on September 3, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a price of $22.70, for a total transaction value of $1.13 million. The stock currently trades at $23.27, and according to InvestingPro analysis, the company appears fairly valued. With a market capitalization of $5.2 billion and a robust dividend yield of 4.69%, KRG maintains a "GREAT" financial health rating.
Following the transaction, Kite directly owns 54,121 common shares and indirectly owns 2,098 shares through his spouse. He also holds 2,620,570 Limited Partnership Units of Kite Realty Group, L.P., which can be redeemed for common shares on a one-for-one basis
In other recent news, Kite Realty Group Trust reported its second-quarter 2025 earnings, significantly surpassing earnings per share (EPS) forecasts. The company posted an actual EPS of $0.50, which was a surprising 644.05% above the expected $0.0672. Despite this impressive earnings performance, the company faced investor concerns due to revenue shortfalls, leading to a decline in stock value during after-hours trading. Additionally, KeyBanc has maintained its Overweight rating on Kite Realty Group, with a price target of $31.00, following the company’s latest results. The research firm highlighted Kite Realty’s strong execution in leasing, capital deployment, recycling, and balance sheet management. These developments reflect the company’s ongoing efforts to strengthen its financial and operational strategies.
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