1 week Ago By ABMN Staff
Candriam S.C.A.
purchased a new stake in Kimco Realty Corp ( NYSE:KIM – Free Report ) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 324,421 shares of the real estate investment trust’s stock, valued at approximately $6,313,000. A number of other hedge funds and other institutional investors have also bought and sold shares of KIM.
Principal Securities Inc. bought a new stake in shares of Kimco Realty during the fourth quarter worth about $29,000. Blue Trust Inc.
increased its holdings in Kimco Realty by 613.5% during the 2nd quarter. Blue Trust Inc.
now owns 2,112 shares of the real estate investment trust’s stock worth $41,000 after purchasing an additional 1,816 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of Kimco Realty by 52.6% in the first quarter.
EverSource Wealth Advisors LLC now owns 2,243 shares of the real estate investment trust’s stock worth $42,000 after purchasing an additional 773 shares during the last quarter. UMB Bank n.a.
lifted its holdings in shares of Kimco Realty by 112.6% in the second quarter. UMB Bank n.
a. now owns 3,374 shares of the real estate investment trust’s stock valued at $66,000 after purchasing an additional 1,787 shares in the last quarter. Finally, Fidelis Capital Partners LLC purchased a new position in shares of Kimco Realty during the first quarter valued at approximately $70,000.
Institutional investors own 89.25% of the company’s stock. Kimco Realty Stock Down 0.
5 % Shares of NYSE KIM opened at $22.99 on Monday. The company has a debt-to-equity ratio of 0.
72, a current ratio of 1.73 and a quick ratio of 1.73.
The stock has a market capitalization of $15.50 billion, a PE ratio of 43.38, a P/E/G ratio of 3.
96 and a beta of 1.51. Kimco Realty Corp has a one year low of $16.
34 and a one year high of $23.53. The business’s fifty day moving average price is $21.
61 and its 200-day moving average price is $19.87. Kimco Realty Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 19th.
Shareholders of record on Thursday, September 5th will be issued a dividend of $0.24 per share. The ex-dividend date of this dividend is Thursday, September 5th.
This represents a $0.96 dividend on an annualized basis and a yield of 4.18%.
Kimco Realty’s payout ratio is 181.13%. Analyst Ratings Changes KIM has been the subject of a number of analyst reports.
Piper Sandler reissued an “overweight” rating and issued a $29.00 price target (up from $26.00) on shares of Kimco Realty in a research report on Friday, August 2nd.
Truist Financial raised their price target on shares of Kimco Realty from $22.00 to $24.00 and gave the company a “hold” rating in a research report on Wednesday, August 28th.
Wells Fargo & Company upped their price objective on shares of Kimco Realty from $21.00 to $24.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 28th.
JPMorgan Chase & Co. lifted their target price on shares of Kimco Realty from $22.00 to $24.
00 and gave the stock an “overweight” rating in a research report on Friday, August 2nd. Finally, Scotiabank upped their target price on Kimco Realty from $21.00 to $23.
00 and gave the company a “sector perform” rating in a report on Monday, August 26th. Nine investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $23.
21. Get Our Latest Stock Report on KIM Insiders Place Their Bets In other news, COO David Jamieson sold 50,000 shares of Kimco Realty stock in a transaction on Friday, August 2nd. The stock was sold at an average price of $21.
92, for a total value of $1,096,000.00. Following the completion of the transaction, the chief operating officer now directly owns 337,111 shares in the company, valued at $7,389,473.
12. The sale was disclosed in a document filed with the SEC, which is available through the SEC website . Company insiders own 2.
20% of the company’s stock. About Kimco Realty ( Free Report ) Kimco Realty Corp. is a real estate investment trust (REIT) headquartered in New Hyde Park, N.
Y., that is one of North America’s largest publicly traded owners and operators of open-air shopping centers. As of December 31, 2018, the company owned interests in 437 U.
S. shopping centers comprising 76 million square feet of leasable space primarily concentrated in the top major metropolitan markets. See Also Want to see what other hedge funds are holding KIM? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Kimco Realty Corp ( NYSE:KIM – Free Report ). Receive News & Ratings for Kimco Realty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kimco Realty and related companies with MarketBeat.com's FREE daily email newsletter .
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