Swiss National Bank Has $44.66 Million Holdings in Kimco Realty Corporation $KIM

Swiss National Bank boosted its position in shares of Kimco Realty Corporation (NYSE:KIM) by 7.1% in the first quarter, Holdings Channel.com reports. The firm owned 1,987,433 shares of the real estate investment trust’s stock after acquiring an additional 132,000 shares during the period. Swiss National Bank’s holdings in Kimco Realty were worth $44,658,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Zions Bancorporation National Association UT lifted its holdings in shares of Kimco Realty by 270.4% in 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 in the last quarter. Root Financial Partners LLC grew its holdings in shares of Kimco Realty by 60.7% during the first 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 in the last quarter. Brown Lisle Cummings Inc. raised its position in Kimco Realty by 127.3% in the 4th quarter. Brown Lisle Cummings Inc. now owns 1,500 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 840 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new stake in Kimco Realty in the 2nd quarter valued at approximately $37,000. Finally, MUFG Securities EMEA plc bought a new stake in Kimco Realty in the 2nd quarter valued at approximately $42,000. Institutional investors and hedge funds own 89.25% of the company’s stock.

Kimco Realty Stock Performance

KIM opened at $26.14 on Thursday. Kimco Realty Corporation has a 52-week low of $19.76 and a 52-week high of $26.45. The firm has a market capitalization of $17.63 billion, a PE ratio of 30.40, a PEG ratio of 2.87 and a beta of 0.95. 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 business’s 50-day simple moving average is $24.81 and its 200 day simple moving average is $23.29.

Kimco Realty (NYSE:KIM) last posted its quarterly earnings results on Thursday, April 30th. The real estate investment trust reported $0.46 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.01. The firm had revenue of $558.02 million during the quarter, compared to the consensus estimate of $542.73 million. Kimco Realty had a return on equity of 5.82% and a net margin of 28.54%.The business’s revenue was up 4.0% compared to the same quarter last year. During the same period last year, the company earned $0.44 earnings per share. Kimco Realty has set its FY 2026 guidance at 1.810-1.840 EPS. As a group, 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 company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Friday, June 5th were paid a $0.26 dividend. The ex-dividend date of this dividend was Friday, June 5th. This represents a $1.04 annualized dividend and a dividend yield of 4.0%. Kimco Realty’s dividend payout ratio (DPR) is currently 120.93%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Stifel Nicolaus set a $28.00 price target on Kimco Realty in a research report on Thursday, June 11th. Scotiabank lifted their price objective on shares of Kimco Realty from $24.00 to $25.00 and gave the company a “sector perform” rating in a report on Tuesday, May 19th. Weiss Ratings raised shares of Kimco Realty from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 4th. Wolfe Research upgraded shares of Kimco Realty from a “peer perform” rating to an “outperform” rating and set a $28.00 target price for the company in a report on Monday, June 22nd. Finally, Raymond James Financial reaffirmed a “strong-buy” rating and issued a $29.00 target price on shares of Kimco Realty in a research report on Monday, June 29th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, Kimco Realty presently has an average 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.