Imprint Wealth LLC Has $643,000 Stake in Kimco Realty Corp (NYSE:KIM)

Imprint Wealth LLC boosted its stake in shares of Kimco Realty Corp (NYSE:KIM) by 4.0% during the 4th quarter, Holdings Channel reports. The institutional investor owned 30,189 shares of the real estate investment trust’s stock after buying an additional 1,148 shares during the quarter. Imprint Wealth LLC’s holdings in Kimco Realty were worth $643,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. SG Americas Securities LLC raised its stake in Kimco Realty by 78.9% during the fourth quarter. SG Americas Securities LLC now owns 206,745 shares of the real estate investment trust’s stock worth $4,406,000 after buying an additional 91,161 shares during the last quarter. CHURCHILL MANAGEMENT Corp bought a new position in shares of Kimco Realty in the 4th quarter worth about $8,217,000. Kentucky Retirement Systems Insurance Trust Fund acquired a new position in shares of Kimco Realty in the 3rd quarter valued at about $385,000. Robeco Institutional Asset Management B.V. boosted its position in shares of Kimco Realty by 6.8% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 874,061 shares of the real estate investment trust’s stock valued at $15,375,000 after purchasing an additional 55,450 shares in the last quarter. Finally, Vision Capital Corp acquired a new stake in Kimco Realty during the third quarter worth approximately $9,674,000. Institutional investors own 89.25% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on KIM shares. Mizuho cut their price target on Kimco Realty from $22.00 to $21.00 and set a “buy” rating on the stock in a report on Friday, February 23rd. Piper Sandler increased their target price on shares of Kimco Realty from $24.00 to $26.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 20th. Citigroup restated a “neutral” rating and issued a $20.00 price target (down from $26.00) on shares of Kimco Realty in a report on Friday, March 22nd. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Kimco Realty in a report on Tuesday, January 30th. They set a “hold” rating and a $23.00 price objective on the stock. Finally, Bank of America restated a “neutral” rating and issued a $20.00 target price (down from $24.00) on shares of Kimco Realty in a research note on Friday, April 5th. Seven equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $21.67.

Insider Buying and Selling at Kimco Realty

In related news, Director Frank Lourenso sold 8,890 shares of the firm’s stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $19.42, for a total transaction of $172,643.80. Following the transaction, the director now directly owns 203,534 shares of the company’s stock, valued at $3,952,630.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 2.20% of the company’s stock.

Kimco Realty Stock Down 1.1 %

KIM traded down $0.20 during midday trading on Tuesday, reaching $17.84. 1,614,071 shares of the company were exchanged, compared to its average volume of 5,560,923. The company has a market cap of $12.03 billion, a price-to-earnings ratio of 17.69, a price-to-earnings-growth ratio of 4.08 and a beta of 1.45. Kimco Realty Corp has a one year low of $16.34 and a one year high of $22.83. The company’s fifty day moving average price is $19.29 and its 200 day moving average price is $19.33. The company has a debt-to-equity ratio of 0.79, a quick ratio of 5.05 and a current ratio of 5.05.

Kimco Realty Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 21st. Investors of record on Thursday, March 7th were given a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 5.38%. The ex-dividend date of this dividend was Wednesday, March 6th. Kimco Realty’s payout ratio is currently 94.12%.

Kimco Realty Profile

Kimco Realty Corp. is a real estate investment trust (REIT) headquartered in New Hyde Park, N.Y., that is one of North America’s largest publicly traded owners and operators of open-air shopping centers. As of December 31, 2018, the company owned interests in 437 U.S. shopping centers comprising 76 million square feet of leasable space primarily concentrated in the top major metropolitan markets.