WINTON GROUP Ltd Takes Position in Kimco Realty Corporation $KIM

WINTON GROUP Ltd acquired a new stake in Kimco Realty Corporation (NYSE:KIM) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 26,057 shares of the real estate investment trust’s stock, valued at approximately $528,000.

A number of other large investors also recently modified their holdings of the company. Brown Lisle Cummings Inc. raised its stake in Kimco Realty by 127.3% in the fourth quarter. Brown Lisle Cummings Inc. now owns 1,500 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 840 shares in the last quarter. CYBER HORNET ETFs LLC purchased a new stake in Kimco Realty in the second quarter valued at approximately $37,000. MUFG Securities EMEA plc purchased a new stake in Kimco Realty in the second quarter valued at approximately $42,000. Clearstead Advisors LLC raised its stake in Kimco Realty by 92.5% in the fourth quarter. Clearstead Advisors LLC now owns 2,426 shares of the real estate investment trust’s stock valued at $49,000 after purchasing an additional 1,166 shares in the last quarter. Finally, Physician Wealth Advisors Inc. raised its stake in Kimco Realty by 39.5% in the fourth quarter. Physician Wealth Advisors Inc. now owns 2,571 shares of the real estate investment trust’s stock valued at $52,000 after purchasing an additional 728 shares in the last quarter. 89.25% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

KIM has been the topic of a number of recent analyst reports. Wells Fargo & Company raised their target price on shares of Kimco Realty from $21.00 to $25.00 and gave the company an “equal weight” rating in a research note on Thursday, March 19th. Piper Sandler raised their target price on shares of Kimco Realty from $26.00 to $28.00 and gave the company an “overweight” rating in a research note on Tuesday, February 17th. Scotiabank raised their target price on shares of Kimco Realty from $24.00 to $25.00 and gave the company a “sector perform” rating in a research note on Tuesday, May 19th. Morgan Stanley raised their target price on shares of Kimco Realty from $23.50 to $24.00 and gave the company an “equal weight” rating in a research note on Thursday, April 16th. Finally, Truist Financial lifted their price target on shares of Kimco Realty from $23.00 to $25.00 and gave the stock a “hold” rating in a research note on Thursday, May 28th. Six analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, Kimco Realty currently has an average rating of “Hold” and a consensus target price of $25.14.

Kimco Realty Stock Up 1.0%

Shares of Kimco Realty stock opened at $25.44 on Thursday. 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 Corporation has a 52-week low of $19.76 and a 52-week high of $25.71. The stock has a market capitalization of $17.15 billion, a price-to-earnings ratio of 29.58, a P/E/G ratio of 2.89 and a beta of 0.96. The company’s 50 day moving average price is $23.63 and its 200-day moving average price is $22.23.

Kimco Realty (NYSE:KIM) last issued its earnings results 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 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 quarter last year, the business 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. Equities research analysts forecast that Kimco Realty Corporation will post 1.83 EPS for the current year.

Kimco Realty Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Friday, June 5th will be issued a $0.26 dividend. The ex-dividend date is Friday, June 5th. This represents a $1.04 annualized dividend and a dividend yield of 4.1%. Kimco Realty’s dividend payout ratio (DPR) is currently 120.93%.

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.