Eaton Vance Management raised its position in Kimco Realty Corp. (NYSE:KIM) by 1.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 101,006 shares of the real estate investment trust’s stock after buying an additional 1,930 shares during the period. Eaton Vance Management’s holdings in Kimco Realty Corp. were worth $3,170,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of KIM. Advisors Asset Management Inc. raised its position in Kimco Realty Corp. by 66.5% in the second quarter. Advisors Asset Management Inc. now owns 3,329 shares of the real estate investment trust’s stock valued at $104,000 after buying an additional 1,329 shares during the period. Global X Management Co. LLC raised its position in Kimco Realty Corp. by 160.2% in the second quarter. Global X Management Co. LLC now owns 3,700 shares of the real estate investment trust’s stock valued at $116,000 after buying an additional 2,278 shares during the period. Ladenburg Thalmann Financial Services Inc. raised its position in Kimco Realty Corp. by 10.2% in the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 5,809 shares of the real estate investment trust’s stock valued at $168,000 after buying an additional 538 shares during the period. Magnetar Financial LLC purchased a new position in Kimco Realty Corp. during the first quarter valued at $203,000. Finally, Mn Services Vermogensbeheer B.V. purchased a new position in Kimco Realty Corp. during the first quarter valued at $259,000. 93.67% of the stock is owned by institutional investors.

Kimco Realty Corp. (NYSE:KIM) traded down 1.190% on Wednesday, hitting $28.635. The stock had a trading volume of 1,128,945 shares. The stock has a market cap of $12.03 billion, a price-to-earnings ratio of 16.042 and a beta of 1.05. Kimco Realty Corp. has a one year low of $23.44 and a one year high of $32.24. The stock’s 50 day moving average is $30.02 and its 200 day moving average is $29.42.

The business also recently declared a quarterly dividend, which will be paid on Monday, October 17th. Stockholders of record on Wednesday, October 5th will be paid a dividend of $0.255 per share. This represents a $1.02 annualized dividend and a dividend yield of 3.52%. The ex-dividend date is Monday, October 3rd. Kimco Realty Corp.’s dividend payout ratio (DPR) is presently 56.98%.

Several equities analysts have recently weighed in on the stock. Vetr raised shares of Kimco Realty Corp. from a “buy” rating to a “strong-buy” rating and set a $33.15 target price for the company in a report on Monday, September 12th. Citigroup Inc. lowered shares of Kimco Realty Corp. from a “buy” rating to a “neutral” rating and set a $32.00 target price for the company. in a report on Thursday, July 7th. Royal Bank Of Canada lifted their target price on shares of Kimco Realty Corp. from $31.00 to $34.00 and gave the company an “outperform” rating in a report on Monday, August 1st. Canaccord Genuity lifted their target price on shares of Kimco Realty Corp. from $31.00 to $34.00 and gave the company a “buy” rating in a report on Tuesday, August 16th. Finally, RBC Capital Markets reaffirmed an “outperform” rating and set a $34.00 target price (up from $31.00) on shares of Kimco Realty Corp. in a report on Monday, August 1st. Seven investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. The stock has an average rating of “Buy” and an average price target of $31.33.

In related news, Director Philip E. Coviello, Jr. purchased 1,000 shares of the business’s stock in a transaction dated Monday, August 8th. The stock was acquired at an average price of $31.17 per share, for a total transaction of $31,170.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 3.20% of the company’s stock.

About Kimco Realty Corp.

Kimco Realty Corporation is a real estate investment trust. The Company is engaged principally in the ownership, management, development and operation of open-air shopping centers. The Company holds interests in approximately 550 shopping center properties, aggregating over 88 million square feet of gross leasable area (GLA), located in approximately 36 states of the United States, Puerto Rico and Canada.

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