KRG Stock Down Over 70% From Highs: What This Major Exit Signals for Investors

1 hour ago 1

Jonathan Ponciano, The Motley Fool

Mon, December 8, 2025 astatine 6:20 AM CST 5 min read

New York City-based HGI Capital Management sold its full involvement of 150,618 shares successful Kite Realty Group Trust during the 3rd quarter.
The resulting nett presumption alteration was astir $3.4 million.
HGI's Kite Realty presumption was 4.6% of AUM successful the erstwhile quarter.
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New York City-based HGI Capital Management afloat exited its presumption successful Kite Realty Group Trust (NYSE:KRG), reducing assets by astir $3.4 million, according to a November 14 SEC filing.

According to a U.S. Securities and Exchange Commission (SEC) filing dated November 14, HGI Capital Management sold retired its full holding of Kite Realty Group Trust during the 3rd quarter. The transaction amounted to an estimated $3.4 cardinal based connected quarterly mean prices. The exit comes arsenic the money is undergoing a important simplification successful its full reportable U.S. equity holdings.

Top holdings aft the filing:

NASDAQ: EQIX: $2.4 cardinal (6.6% of AUM)
NYSE: CBRE: $2.3 cardinal (6.3% of AUM)
NYSE: FR: $2 cardinal (5.6% of AUM)
NYSE: DLR: $2 cardinal (5.5% of AUM)
NYSE: HD: $2 cardinal (5.5% of AUM)

As of Friday, shares of KRG were priced astatine $22.64, down 16% implicit the past twelvemonth and good underperforming the S&P 500, which is up 13% successful the aforesaid period.

Metric

Value

Market Capitalization	$5.1 billion
Revenue (TTM)	$856.8 million
Net Income (TTM)	$139.7 million
Dividend Yield	5.1%

Kite Realty Group Trust operates and manages a diversified portfolio of neighborhood, community, and manner buying centers, generating gross chiefly from spot leasing and absorption services.
The institution employs a vertically integrated REIT concern exemplary focused connected optimizing plus worth done operational expertise, development, and redevelopment initiatives.
It serves a wide basal of nationalist and determination retail tenants, providing buying destinations for consumers successful municipality and suburban markets crossed the United States.

Kite Realty Group Trust is simply a starring retail-focused existent property concern spot with a beingness successful cardinal U.S. markets. The institution leverages integrated absorption and improvement capabilities to maximize spot show and shareholder returns.

A sweeping repositioning distant from a harvest of bureau and retail REITs is taking signifier crossed HGI’s portfolio, and the afloat exit from Kite Realty Group underscores however dramatically the money mightiness beryllium rethinking vulnerability to structurally challenged existent estate. For those curious, the determination highlights a broader question: Even with improving fundamentals, is the multi-year reset successful specified REITs capable to offset a decade-long erosion successful equity value?

Kite’s fundamentals did amusement advancement successful the latest quarter, giving the merchantability added weight. The institution raised its 2025 funds from operations guidance and delivered same-property nett operating income maturation of 2.1% portion bringing blended currency leasing spreads up 18.9% year-over-year. Core FFO reached $116.3 million, oregon $0.53 per diluted share, and retail occupancy ticked up to 93.9% — notable resilience fixed macro unit connected discretionary retail. Yet contempt these gains, shares stay down much than 70% from highs implicit a decennary ago, leaving investors to measure whether operational momentum tin yet construe into durable equity returns.