Kimco Realty Corporation $KIM Shares Acquired by Fjarde AP Fonden Fourth Swedish National Pension Fund

Fjarde AP Fonden Fourth Swedish National Pension Fund increased its stake in shares of Kimco Realty Corporation (NYSE:KIM) by 95.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 321,758 shares of the real estate investment trust’s stock after purchasing an additional 157,450 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Kimco Realty were worth $7,230,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of KIM. Zions Bancorporation National Association UT grew its stake in Kimco Realty by 270.4% during the 4th quarter. Zions Bancorporation National Association UT now owns 1,437 shares of the real estate investment trust’s stock worth $29,000 after buying an additional 1,049 shares during the last quarter. Brown Lisle Cummings Inc. raised its holdings in Kimco Realty by 127.3% during the fourth quarter. Brown Lisle Cummings Inc. now owns 1,500 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 840 shares in the last quarter. Root Financial Partners LLC lifted its position in Kimco Realty by 60.7% in the first quarter. Root Financial Partners LLC now owns 1,446 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 546 shares during the period. CYBER HORNET ETFs LLC acquired a new stake in Kimco Realty in the second quarter valued at about $37,000. Finally, MUFG Securities EMEA plc acquired a new position in Kimco Realty during the second quarter worth $42,000. Institutional investors and hedge funds own 89.25% of the company’s stock.

Kimco Realty Trading Down 0.1%

Shares of KIM opened at $25.30 on Monday. Kimco Realty Corporation has a fifty-two week low of $19.76 and a fifty-two week high of $26.08. The company has a market capitalization of $17.06 billion, a PE ratio of 29.42, a price-to-earnings-growth ratio of 2.79 and a beta of 0.95. The stock has a fifty day moving average of $24.34 and a two-hundred day moving average of $22.81. The company has a debt-to-equity ratio of 0.78, a quick ratio of 3.78 and a current ratio of 3.78.

Kimco Realty (NYSE:KIM) last posted its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.01. Kimco Realty had a return on equity of 5.82% and a net margin of 28.54%.The business had revenue of $558.02 million for the quarter, compared to analysts’ expectations of $542.73 million. During the same quarter last year, the firm earned $0.44 earnings per share. The business’s revenue was up 4.0% on a year-over-year basis. Kimco Realty has set its FY 2026 guidance at 1.810-1.840 EPS. As a group, analysts forecast that Kimco Realty Corporation will post 1.83 EPS for the current year.

Kimco Realty Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Friday, June 5th were issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date was Friday, June 5th. Kimco Realty’s dividend payout ratio (DPR) is 120.93%.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. Weiss Ratings raised shares of Kimco Realty from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 4th. Wells Fargo & Company upped their price target on Kimco Realty from $21.00 to $25.00 and gave the stock an “equal weight” rating in a report on Thursday, March 19th. Morgan Stanley raised their price objective on Kimco Realty from $23.50 to $24.00 and gave the company an “equal weight” rating in a research note on Thursday, April 16th. Wall Street Zen raised Kimco Realty from a “sell” rating to a “hold” rating in a report on Sunday, April 26th. Finally, Evercore set a $25.00 target price on Kimco Realty in a research report on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, Kimco Realty currently has a consensus rating of “Moderate Buy” and an average target price of $25.71.

Kimco Realty 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.