Resolution Capital Ltd Has $60.54 Million Stock Position in Kimco Realty Corporation $KIM

Resolution Capital Ltd boosted its position in shares of Kimco Realty Corporation (NYSE:KIM) by 23.2% in the 1st quarter, HoldingsChannel reports. The firm owned 2,694,298 shares of the real estate investment trust’s stock after buying an additional 508,019 shares during the period. Kimco Realty accounts for about 1.3% of Resolution Capital Ltd’s investment portfolio, making the stock its 17th largest holding. Resolution Capital Ltd’s holdings in Kimco Realty were worth $60,541,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in KIM. Zions Bancorporation National Association UT grew its stake in Kimco Realty by 270.4% during the fourth quarter. Zions Bancorporation National Association UT now owns 1,437 shares of the real estate investment trust’s stock worth $29,000 after buying an additional 1,049 shares during the last quarter. Root Financial Partners LLC raised its stake in shares of Kimco Realty by 60.7% in the first quarter. Root Financial Partners LLC now owns 1,446 shares of the real estate investment trust’s stock valued at $32,000 after acquiring an additional 546 shares during the last quarter. Brown Lisle Cummings Inc. raised its stake in shares of 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 acquiring an additional 840 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new position in shares of Kimco Realty in the 2nd quarter worth approximately $37,000. Finally, MUFG Securities EMEA plc acquired a new position in shares of Kimco Realty in the 2nd quarter worth approximately $42,000. 89.25% of the stock is currently owned by institutional investors and hedge funds.

Kimco Realty Trading Down 0.5%

Shares of NYSE KIM opened at $26.25 on Wednesday. Kimco Realty Corporation has a fifty-two week low of $19.76 and a fifty-two week high of $26.65. The firm has a market capitalization of $17.70 billion, a P/E ratio of 30.52, a P/E/G ratio of 2.90 and a beta of 0.95. The company has a debt-to-equity ratio of 0.78, a current ratio of 3.78 and a quick ratio of 3.78. The company’s 50 day simple moving average is $25.04 and its 200 day simple moving average is $23.45.

Kimco Realty (NYSE:KIM) last released its earnings results on Thursday, April 30th. The real estate investment trust reported $0.46 EPS for the quarter, topping analysts’ consensus estimates of $0.45 by $0.01. The firm had revenue of $558.02 million during the quarter, compared to analyst estimates of $542.73 million. Kimco Realty had a net margin of 28.54% and a return on equity of 5.82%. The business’s quarterly revenue was up 4.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.44 EPS. Kimco Realty has set its FY 2026 guidance at 1.810-1.840 EPS. On average, analysts predict that Kimco Realty Corporation will post 1.83 EPS for the current year.

Analyst Ratings Changes

KIM has been the topic of a number of research analyst reports. Weiss Ratings upgraded Kimco Realty from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 4th. Raymond James Financial reiterated a “strong-buy” rating and issued a $29.00 price objective on shares of Kimco Realty in a research report on Monday, June 29th. UBS Group boosted their price objective on Kimco Realty from $26.00 to $29.00 and gave the stock a “buy” rating in a research note on Thursday, July 9th. Truist Financial increased their target price on Kimco Realty from $23.00 to $25.00 and gave the stock a “hold” rating in a report on Thursday, May 28th. Finally, Wolfe Research upgraded Kimco Realty from a “peer perform” rating to an “outperform” rating and set a $28.00 target price for the company in a research note on Monday, June 22nd. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $26.12.

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.