Robeco Institutional Asset Management B.V. Purchases Shares of 235,112 Kite Realty Group Trust (NYSE:KRG)

Robeco Institutional Asset Management B.V. purchased a new position in shares of Kite Realty Group Trust (NYSE:KRG - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 235,112 shares of the real estate investment trust's stock, valued at approximately $5,934,000. Robeco Institutional Asset Management B.V. owned 0.11% of Kite Realty Group Trust as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in KRG. UMB Bank n.a. grew its stake in shares of Kite Realty Group Trust by 819.0% during the 3rd quarter. UMB Bank n.a. now owns 1,066 shares of the real estate investment trust's stock worth $28,000 after purchasing an additional 950 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in Kite Realty Group Trust in the third quarter valued at about $39,000. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Kite Realty Group Trust during the 3rd quarter valued at approximately $45,000. Versant Capital Management Inc boosted its stake in shares of Kite Realty Group Trust by 551.7% during the 4th quarter. Versant Capital Management Inc now owns 2,457 shares of the real estate investment trust's stock worth $62,000 after acquiring an additional 2,080 shares in the last quarter. Finally, GAMMA Investing LLC grew its holdings in shares of Kite Realty Group Trust by 110.4% in the 3rd quarter. GAMMA Investing LLC now owns 4,135 shares of the real estate investment trust's stock worth $110,000 after acquiring an additional 2,170 shares during the period. 90.81% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Wells Fargo & Company decreased their target price on Kite Realty Group Trust from $28.00 to $26.00 and set an "equal weight" rating on the stock in a research report on Wednesday, January 29th. KeyCorp raised their target price on shares of Kite Realty Group Trust from $28.00 to $31.00 and gave the company an "overweight" rating in a report on Tuesday, November 12th. JPMorgan Chase & Co. reduced their price target on shares of Kite Realty Group Trust from $30.00 to $27.00 and set a "neutral" rating on the stock in a report on Wednesday, January 15th. Jefferies Financial Group downgraded Kite Realty Group Trust from a "buy" rating to a "hold" rating and cut their price objective for the stock from $31.00 to $27.00 in a research report on Thursday, January 2nd. Finally, Robert W. Baird increased their target price on Kite Realty Group Trust from $26.00 to $29.00 and gave the company a "neutral" rating in a report on Friday, November 15th. Five analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $29.13.

Kite Realty Group Trust Trading Up 0.2 %

NYSE:KRG traded up $0.05 during mid-day trading on Thursday, reaching $23.19. The company's stock had a trading volume of 1,080,207 shares, compared to its average volume of 1,895,475. Kite Realty Group Trust has a twelve month low of $19.64 and a twelve month high of $28.24. The company's fifty day simple moving average is $24.76 and its two-hundred day simple moving average is $25.49. The company has a debt-to-equity ratio of 0.97, a current ratio of 3.08 and a quick ratio of 3.08. The stock has a market cap of $5.09 billion, a P/E ratio of -579.73, a P/E/G ratio of 3.62 and a beta of 1.27.

About Kite Realty Group Trust

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.