Kimco Realty Corporation $KIM Position Lowered by Andra AP fonden

Andra AP fonden decreased its position in Kimco Realty Corporation (NYSE:KIM) by 22.2% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 121,400 shares of the real estate investment trust’s stock after selling 34,700 shares during the quarter. Andra AP fonden’s holdings in Kimco Realty were worth $2,728,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Zions Bancorporation National Association UT increased its stake in Kimco Realty by 270.4% during the fourth quarter. Zions Bancorporation National Association UT now owns 1,437 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 1,049 shares during the last quarter. Brown Lisle Cummings Inc. raised its holdings in shares of 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 during the period. Root Financial Partners LLC lifted its position in shares of Kimco Realty by 60.7% in the 1st quarter. Root Financial Partners LLC now owns 1,446 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 546 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new position in shares of Kimco Realty in the 2nd quarter valued at about $37,000. Finally, MUFG Securities EMEA plc bought a new stake in shares of Kimco Realty during the 2nd quarter valued at about $42,000. 89.25% of the stock is currently owned by institutional investors.

Kimco Realty Trading Up 0.2%

Shares of KIM stock opened at $26.14 on Thursday. The stock has a 50-day simple moving average of $24.81 and a 200 day simple moving average of $23.29. The stock has a market capitalization of $17.63 billion, a P/E ratio of 30.40, a P/E/G ratio of 2.87 and a beta of 0.95. Kimco Realty Corporation has a fifty-two week low of $19.76 and a fifty-two week high of $26.45. The company has a quick ratio of 3.78, a current ratio of 3.78 and a debt-to-equity ratio of 0.78.

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

Kimco Realty Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Friday, June 5th were issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend was Friday, June 5th. Kimco Realty’s dividend payout ratio is currently 120.93%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on KIM shares. Weiss Ratings upgraded shares of Kimco Realty from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 4th. Wolfe Research raised Kimco Realty from a “peer perform” rating to an “outperform” rating and set a $28.00 price objective for the company in a report on Monday, June 22nd. Morgan Stanley raised their price target on Kimco Realty from $23.50 to $24.00 and gave the company an “equal weight” rating in a report on Thursday, April 16th. Evercore set a $25.00 price objective on shares of Kimco Realty in a research note on Friday, May 1st. Finally, UBS Group raised their target price on shares of Kimco Realty from $26.00 to $29.00 and gave the company a “buy” rating in a research note on Thursday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $26.06.

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.