Chicago Equity Partners LLC increased its holdings in Kite Realty Group Trust (NYSE:KRG) by 1.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 203,345 shares of the real estate investment trust’s stock after purchasing an additional 3,340 shares during the period. Chicago Equity Partners LLC owned approximately 0.24% of Kite Realty Group Trust worth $2,865,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Quantamental Technologies LLC bought a new position in Kite Realty Group Trust during the fourth quarter valued at $84,000. Cornerstone Wealth Management LLC bought a new position in Kite Realty Group Trust during the third quarter valued at $334,000. Meeder Asset Management Inc. increased its position in Kite Realty Group Trust by 244.7% during the third quarter. Meeder Asset Management Inc. now owns 8,122 shares of the real estate investment trust’s stock valued at $135,000 after acquiring an additional 5,766 shares during the last quarter. Rehmann Capital Advisory Group increased its position in Kite Realty Group Trust by 1,521.8% during the third quarter. Rehmann Capital Advisory Group now owns 9,990 shares of the real estate investment trust’s stock valued at $600,000 after acquiring an additional 9,374 shares during the last quarter. Finally, Koshinski Asset Management Inc. bought a new position in Kite Realty Group Trust during the third quarter valued at $171,000. Institutional investors own 92.75% of the company’s stock.
In other news, CEO John A. Kite sold 12,000 shares of the business’s stock in a transaction on Thursday, December 13th. The shares were sold at an average price of $16.21, for a total transaction of $194,520.00. Following the completion of the sale, the chief executive officer now directly owns 47,088 shares of the company’s stock, valued at $763,296.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.93% of the stock is currently owned by insiders.
Shares of KRG opened at $16.91 on Thursday. The firm has a market cap of $1.43 billion, a PE ratio of 8.29, a P/E/G ratio of 2.34 and a beta of 0.86. Kite Realty Group Trust has a 12-month low of $13.66 and a 12-month high of $17.75. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 1.07.
WARNING: “Chicago Equity Partners LLC Increases Position in Kite Realty Group Trust (KRG)” was first reported by Week Herald and is the sole property of of Week Herald. If you are viewing this news story on another site, it was illegally copied and reposted in violation of United States & international copyright legislation. The correct version of this news story can be viewed at https://weekherald.com/2019/02/14/chicago-equity-partners-llc-increases-position-in-kite-realty-group-trust-krg.html.
About Kite Realty Group Trust
Kite Realty Group Trust is a full-service, vertically integrated real estate investment trust (REIT) that provides communities with convenient and beneficial shopping experiences. We connect consumers to tenants in desirable markets through our portfolio of neighborhood, community, and lifestyle centers.
Recommended Story: The risks of owning bonds
Want 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).
Receive News & Ratings for Kite Realty Group Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kite Realty Group Trust and related companies with MarketBeat.com's FREE daily email newsletter.