Varma Mutual Pension Insurance Co Buys 39,400 Shares of Kimco Realty Corporation $KIM

Varma Mutual Pension Insurance Co raised its stake in Kimco Realty Corporation (NYSE:KIM) by 8.6% in the 3rd quarter, HoldingsChannel reports. The fund owned 494,993 shares of the real estate investment trust’s stock after buying an additional 39,400 shares during the quarter. Varma Mutual Pension Insurance Co’s holdings in Kimco Realty were worth $10,816,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of KIM. Norges Bank acquired a new stake in shares of Kimco Realty in the second quarter valued at approximately $175,963,000. Federated Hermes Inc. boosted its position in Kimco Realty by 27.2% in the 3rd quarter. Federated Hermes Inc. now owns 10,649,864 shares of the real estate investment trust’s stock valued at $232,700,000 after buying an additional 2,280,090 shares during the last quarter. Balyasny Asset Management L.P. acquired a new stake in shares of Kimco Realty in the 2nd quarter valued at $33,075,000. Hudson Bay Capital Management LP bought a new stake in shares of Kimco Realty during the second quarter worth $24,046,000. Finally, State Street Corp lifted its stake in shares of Kimco Realty by 2.2% during the second quarter. State Street Corp now owns 46,347,837 shares of the real estate investment trust’s stock valued at $974,232,000 after acquiring an additional 995,352 shares during the period. 89.25% of the stock is currently owned by institutional investors and hedge funds.

Kimco Realty Stock Performance

Shares of Kimco Realty stock opened at $22.70 on Friday. Kimco Realty Corporation has a 12 month low of $17.93 and a 12 month high of $22.97. The company has a current ratio of 3.31, a quick ratio of 3.59 and a debt-to-equity ratio of 0.78. The company has a market capitalization of $15.37 billion, a PE ratio of 28.02, a PEG ratio of 1.21 and a beta of 1.07. The stock’s fifty day simple moving average is $20.72 and its 200 day simple moving average is $21.16.

Kimco Realty Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Friday, March 6th will be paid a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend is Friday, March 6th. Kimco Realty’s dividend payout ratio is presently 128.40%.

Key Headlines Impacting Kimco Realty

Here are the key news stories impacting Kimco Realty this week:

• Positive Sentiment: Q4 results: revenue beat estimates and FFO was in line with consensus; management said net income and FFO hit the high end of full‑year outlook — reinforces operating resilience. Q4 Earnings Transcript Press Release
• Positive Sentiment: Occupancy at record highs driven by strong leasing gains — better portfolio fundamentals support rents/NOI and investor confidence in cash flow stability. Reuters: Resilient Leasing
• Positive Sentiment: Capital recycling: management outlined $300M–$500M of planned asset dispositions (some reports say up to $500M) to redeploy into higher-return opportunities and strengthen the balance sheet. This reduces capital intensity and can fund growth or dividends. Seeking Alpha: Asset Disposition Bisnow: Up to $500M Asset Sales
• Positive Sentiment: Dividend and shareholder income: REIT declared a quarterly dividend of $0.26 (annualized yield ~4.7%), which supports income-oriented investors. (Record/ex‑dividend dates disclosed by company.)
• Neutral Sentiment: 2026 outlook: company gave initial FFO growth targets (roughly 2.3%–4.5%) and updated FY‑2026 guidance; guidance confirms steady growth but is modest, so upside is tied to execution and successful asset recycling. Guidance & Growth Outlook
• Neutral Sentiment: Valuation note: after recent share strength the stock trades at a mid‑20s P/E and above its 200‑day SMA; investors should weigh the yield/FFO growth profile vs. peers. Valuation Article
• Negative Sentiment: FFO was only in line with estimates (not a beat) and the 2026 growth guide is modest — if markets were expecting stronger upside, that could temper momentum. Zacks: FFO Meets Estimates

Analyst Ratings Changes

A number of analysts recently commented on KIM shares. UBS Group lowered their price objective on Kimco Realty from $30.00 to $26.00 and set a “buy” rating for the company in a research report on Thursday, January 8th. Evercore ISI set a $24.00 price target on shares of Kimco Realty in a research report on Friday. Wells Fargo & Company cut their price objective on shares of Kimco Realty from $23.00 to $21.00 and set an “equal weight” rating on the stock in a report on Monday, December 15th. Wall Street Zen upgraded shares of Kimco Realty from a “sell” rating to a “hold” rating in a research report on Saturday. Finally, Morgan Stanley set a $23.50 price target on Kimco Realty in a research report on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Kimco Realty currently has an average rating of “Moderate Buy” and an average target price of $23.97.

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.