KBC Group NV Has $7.44 Million Stock Position in Kimco Realty Corporation $KIM

KBC Group NV lifted its holdings in shares of Kimco Realty Corporation (NYSE:KIM) by 10.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 331,120 shares of the real estate investment trust’s stock after acquiring an additional 31,872 shares during the period. KBC Group NV’s holdings in Kimco Realty were worth $7,441,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in KIM. Quadrant Capital Group LLC lifted its position in Kimco Realty by 1.7% in the 3rd quarter. Quadrant Capital Group LLC now owns 30,335 shares of the real estate investment trust’s stock valued at $663,000 after acquiring an additional 503 shares in the last quarter. Parallel Advisors LLC increased its holdings in Kimco Realty by 11.2% during the 3rd quarter. Parallel Advisors LLC now owns 5,176 shares of the real estate investment trust’s stock worth $113,000 after purchasing an additional 520 shares in the last quarter. EPG Wealth Management LLC raised its stake 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 purchasing an additional 530 shares during the last quarter. Root Financial Partners LLC lifted its holdings 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 purchasing an additional 546 shares in the last quarter. Finally, Norinchukin Bank The lifted its holdings 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 valued at $1,602,000 after purchasing an additional 603 shares in the last quarter. Institutional investors and hedge funds own 89.25% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on KIM shares. UBS Group upped their price target on Kimco Realty from $26.00 to $29.00 and gave the stock a “buy” rating in a report on Thursday, July 9th. Stifel Nicolaus set a $28.00 target price on shares of Kimco Realty in a research note on Thursday, June 11th. Scotiabank increased their target price 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. Morgan Stanley raised their price target on shares of Kimco Realty from $23.50 to $24.00 and gave the company an “equal weight” rating in a research report on Thursday, April 16th. Finally, Truist Financial boosted their price target on shares of Kimco Realty from $23.00 to $25.00 and gave the stock a “hold” rating in a report on Thursday, May 28th. One equities 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 stock. According to MarketBeat.com, Kimco Realty has an average rating of “Moderate Buy” and an average target price of $26.06.

Kimco Realty Stock Performance

Shares of KIM opened at $26.14 on Thursday. The stock has a 50 day moving average of $24.81 and a 200 day moving average of $23.29. The company has a market capitalization of $17.63 billion, a price-to-earnings ratio of 30.40, a PEG ratio of 2.87 and a beta of 0.95. Kimco Realty Corporation has a 12 month low of $19.76 and a 12 month high of $26.45. The company has a current ratio of 3.78, a quick ratio of 3.78 and a debt-to-equity ratio of 0.78.

Kimco Realty (NYSE:KIM) last posted its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.01. The business had revenue of $558.02 million for the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same quarter in the previous year, the firm 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 forecast that Kimco Realty Corporation will post 1.83 earnings per share for the current year.

Kimco Realty Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Friday, June 5th were paid a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date was Friday, June 5th. Kimco Realty’s payout ratio is presently 120.93%.

About Kimco Realty

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.