Kimco Realty Corporation $KIM Stock Holdings Lifted by Swiss Life Asset Management Ltd

Swiss Life Asset Management Ltd lifted its position in Kimco Realty Corporation (NYSE:KIM) by 35.5% during the 4th quarter, HoldingsChannel.com reports. The fund owned 138,463 shares of the real estate investment trust’s stock after buying an additional 36,298 shares during the quarter. Swiss Life Asset Management Ltd’s holdings in Kimco Realty were worth $2,807,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Quadrant Capital Group LLC increased its position in shares of Kimco Realty by 1.7% in the third quarter. Quadrant Capital Group LLC now owns 30,335 shares of the real estate investment trust’s stock worth $663,000 after acquiring an additional 503 shares in the last quarter. Parallel Advisors LLC increased its position in shares of Kimco Realty by 11.2% in the third quarter. Parallel Advisors LLC now owns 5,176 shares of the real estate investment trust’s stock worth $113,000 after acquiring an additional 520 shares in the last quarter. EPG Wealth Management LLC increased its position in shares of Kimco Realty by 1.8% in the fourth quarter. EPG Wealth Management LLC now owns 30,771 shares of the real estate investment trust’s stock worth $624,000 after acquiring an additional 530 shares in the last quarter. Bleakley Financial Group LLC increased its position in shares of Kimco Realty by 5.0% in the third quarter. Bleakley Financial Group LLC now owns 12,421 shares of the real estate investment trust’s stock worth $271,000 after acquiring an additional 589 shares in the last quarter. Finally, Norinchukin Bank The increased its position in shares of Kimco Realty by 0.8% in the third quarter. Norinchukin Bank The now owns 73,337 shares of the real estate investment trust’s stock worth $1,602,000 after acquiring an additional 603 shares in the last quarter. 89.25% of the stock is owned by hedge funds and other institutional investors.

Kimco Realty Stock Performance

KIM stock opened at $23.18 on Friday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 3.78 and a current ratio of 3.78. The stock has a market cap of $15.63 billion, a P/E ratio of 26.95, a P/E/G ratio of 1.25 and a beta of 0.97. The firm has a 50 day simple moving average of $23.17 and a 200 day simple moving average of $21.76. Kimco Realty Corporation has a 52 week low of $19.76 and a 52 week high of $24.31.

Kimco Realty (NYSE:KIM) last posted 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. The business had revenue of $558.02 million during the quarter, compared to analysts’ expectations of $542.73 million. Kimco Realty had a net margin of 28.54% and a return on equity of 5.82%. The firm’s quarterly revenue was up 4.0% compared to the same quarter last year. During the same period last year, the company posted $0.44 earnings per share. Kimco Realty has set its FY 2026 guidance at 1.810-1.840 EPS. Research analysts anticipate that Kimco Realty Corporation will post 1.83 earnings per share for the current fiscal year.

Kimco Realty Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Friday, June 5th will be issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 4.5%. The ex-dividend date is Friday, June 5th. Kimco Realty’s dividend payout ratio (DPR) is currently 120.93%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on KIM shares. Barclays lifted their target price on shares of Kimco Realty from $25.00 to $28.00 and gave the stock an “overweight” rating in a research report on Tuesday. Wall Street Zen raised shares of Kimco Realty from a “sell” rating to a “hold” rating in a research report on Sunday, April 26th. Wells Fargo & Company raised their price target on shares of Kimco Realty from $21.00 to $25.00 and gave the stock an “equal weight” rating in a report on Thursday, March 19th. Weiss Ratings upgraded shares of Kimco Realty from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 4th. Finally, Evercore set a $25.00 price target on shares of Kimco Realty in a report on Friday, May 1st. Six equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $24.93.

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.