Universal Beteiligungs und Servicegesellschaft mbH Has $11.01 Million Stock Holdings in Kimco Realty Corporation $KIM

Universal Beteiligungs und Servicegesellschaft mbH lowered its stake in shares of Kimco Realty Corporation (NYSE:KIM) by 6.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 503,879 shares of the real estate investment trust’s stock after selling 34,660 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.07% of Kimco Realty worth $11,010,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Trust Co. of Toledo NA OH bought a new stake in Kimco Realty in the 2nd quarter valued at about $27,000. Quent Capital LLC bought a new position in Kimco Realty in the third quarter worth approximately $27,000. City Holding Co. acquired a new stake in Kimco Realty in the third quarter valued at approximately $30,000. CYBER HORNET ETFs LLC bought a new stake in shares of Kimco Realty during the second quarter valued at approximately $37,000. Finally, ST Germain D J Co. Inc. increased its holdings in shares of Kimco Realty by 160.7% during the second quarter. ST Germain D J Co. Inc. now owns 1,955 shares of the real estate investment trust’s stock valued at $41,000 after acquiring an additional 1,205 shares in the last quarter. Institutional investors own 89.25% of the company’s stock.

Kimco Realty Price Performance

KIM opened at $20.98 on Friday. Kimco Realty Corporation has a 1 year low of $17.93 and a 1 year high of $23.65. The company has a debt-to-equity ratio of 0.77, a current ratio of 3.59 and a quick ratio of 3.59. The company has a market capitalization of $14.20 billion, a price-to-earnings ratio of 25.27, a P/E/G ratio of 1.14 and a beta of 1.05. The firm’s fifty day moving average price is $20.39 and its two-hundred day moving average price is $21.17.

Kimco Realty (NYSE:KIM) last released its quarterly earnings results on Thursday, October 30th. The real estate investment trust reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.43 by $0.01. Kimco Realty had a net margin of 28.24% and a return on equity of 5.60%. The company had revenue of $535.86 million for the quarter, compared to analyst estimates of $522.31 million. During the same period last year, the firm earned $0.43 earnings per share. The firm’s revenue was up 5.6% on a year-over-year basis. Kimco Realty has set its FY 2025 guidance at 1.750-1.760 EPS. As a group, analysts anticipate that Kimco Realty Corporation will post 1.71 earnings per share for the current fiscal year.

Kimco Realty Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Friday, December 5th were paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date was Friday, December 5th. This is a boost from Kimco Realty’s previous quarterly dividend of $0.25. Kimco Realty’s dividend payout ratio (DPR) is presently 125.30%.

Analysts Set New Price Targets

A number of brokerages recently issued reports on KIM. Wells Fargo & Company cut their target price on Kimco Realty from $23.00 to $21.00 and set an “equal weight” rating on the stock in a report on Monday, December 15th. Barclays restated an “overweight” rating and set a $25.00 price objective on shares of Kimco Realty in a report on Tuesday, January 13th. Wall Street Zen cut shares of Kimco Realty from a “hold” rating to a “sell” rating in a report on Sunday, December 28th. Weiss Ratings restated a “hold (c+)” rating on shares of Kimco Realty in a report on Thursday. Finally, Mizuho set a $21.00 price target on shares of Kimco Realty in a research report on Friday, January 9th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $23.89.

Kimco Realty Company Profile

Founded in 1958 by Milton Cooper and headquartered in Jericho, New York, Kimco Realty Corporation (NYSE: KIM) is a leading publicly traded real estate investment trust (REIT) specializing in the ownership, operation and development of open-air shopping centers. The company’s portfolio, concentrated on neighborhood and community centers anchored by grocery stores, encompasses approximately 400 properties across the United States, with selective holdings in Canada and Mexico.

Kimco’s core business activities include acquiring, repositioning and managing retail real estate assets that serve as daily-need destinations for consumers.