Kite Realty (KRG)

• Market cap: $5.12B
• 1 day: 0.30%
• 5 days: 3.14%
• 1 month: -10.31%
• 3 months: -10.00%
• 6 months: -1.89%
• Year to date: -5.74%
• 1 year: 8.32%
• 5 years: 27.73%
• 10 years: -22.69%
• Sector: Financials
• Industry: Real Estate Investment Trusts

About: Kite Realty Group Trust specializes in owning, operating, acquiring, developing, and redeveloping high-quality open-air shopping centers and mixed-use assets. The company generates the majority of its revenue from contractual rents and reimbursement payments received from tenants.

Employees: 229

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

28% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 32

16% more capital invested

Capital invested by funds: $4.74B [Q2] → $5.49B (+$752M) [Q3]

1% more funds holding

Funds holding: 342 [Q2] → 346 (+4) [Q3]

4% more call options, than puts

Call options by funds: $629K | Put options by funds: $602K

4% less repeat investments, than reductions

Existing positions increased: 121 | Existing positions reduced: 126

2.21% less ownership

Funds ownership: 96.4% [Q2] → 94.18% (-2.21%) [Q3]

20% less funds holding in top 10

Funds holding in top 10: 5 [Q2] → 4 (-1) [Q3]

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $27 16% upside
• Avg. target: $29 24% upside
• High target: $31 33% upside

3 analyst ratings

• positive: 1 33%
• neutral: 2 67%
• negative: 0 0%

JP Morgan Michael Mueller 60% 1-year accuracy 9 / 15 met price target	16% upside $27	Neutral Maintained	15 Jan 2025
Baird Wesley Golladay 56% 1-year accuracy 5 / 9 met price target	24% upside $29	Neutral Maintained	15 Nov 2024
Keybanc Todd Thomas 33% 1-year accuracy 4 / 12 met price target	33% upside $31	Overweight Maintained	12 Nov 2024