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Kimco Realty Corp (NYSE:KIM) was downgraded by analysts at Raymond James from an “outperform” rating to a “market perform” rating in a research report issued to clients and investors on Monday, reports.

KIM has been the subject of a number of other recent research reports. Analysts at Barclays raised their price target on shares of Kimco Realty Corp from $26.00 to $28.00 in a research note on Tuesday, April 22nd. They now have an “overweight” rating on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Kimco Realty Corp in a research note on Thursday, March 27th. They now have a $23.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $24.00.

In other Kimco Realty Corp news, CAO Paul Westbrook unloaded 3,750 shares of the company’s stock on the open market in a transaction dated Monday, May 12th. The shares were sold at an average price of $22.77, for a total transaction of $85,387.50. Following the transaction, the chief accounting officer now directly owns 53,550 shares in the company, valued at approximately $1,219,334. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Kimco Realty Corp (NYSE:KIM) traded down 0.04% on Monday, hitting $22.73. The stock had a trading volume of 2,594,343 shares. Kimco Realty Corp has a one year low of $19.22 and a one year high of $24.97. The stock has a 50-day moving average of $22.34 and a 200-day moving average of $21.38. The company has a market cap of $9.331 billion and a P/E ratio of 47.38.

Kimco Realty Corp (NYSE:KIM) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $0.34 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.34. The company had revenue of $246.90 million for the quarter, compared to the consensus estimate of $237.42 million. During the same quarter in the prior year, the company posted $0.33 earnings per share. The company’s quarterly revenue was up 8.8% on a year-over-year basis. On average, analysts predict that Kimco Realty Corp will post $1.39 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Tuesday, July 15th. Stockholders of record on Thursday, July 3rd will be given a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a yield of 3.96%. The ex-dividend date of this dividend is Tuesday, July 1st.

Kimco Realty Corp. is a real estate investment trust (NYSE:KIM) that owns and operates North America’s largest portfolio of neighborhood and community shopping centers.

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