Rockefeller Capital Management L.P. Has $10.94 Million Stock Holdings in Kimco Realty Corporation $KIM

Rockefeller Capital Management L.P. raised its position in Kimco Realty Corporation (NYSE:KIM) by 9.9% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 539,577 shares of the real estate investment trust’s stock after acquiring an additional 48,672 shares during the period. Rockefeller Capital Management L.P.’s holdings in Kimco Realty were worth $10,937,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Zions Bancorporation National Association UT grew its stake in shares of Kimco Realty by 270.4% during the 4th quarter. Zions Bancorporation National Association UT now owns 1,437 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 1,049 shares in the last quarter. Brown Lisle Cummings Inc. lifted its position 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 worth $30,000 after purchasing an additional 840 shares in the last quarter. CYBER HORNET ETFs LLC bought a new stake in shares of Kimco Realty in the second quarter worth $37,000. MUFG Securities EMEA plc acquired a new position in Kimco Realty during the second quarter worth $42,000. Finally, Clearstead Advisors LLC boosted its holdings in Kimco Realty by 92.5% during the fourth quarter. Clearstead Advisors LLC now owns 2,426 shares of the real estate investment trust’s stock worth $49,000 after purchasing an additional 1,166 shares during the last quarter. Institutional investors and hedge funds own 89.25% of the company’s stock.

Kimco Realty Trading Up 0.9%

NYSE KIM opened at $25.42 on Thursday. Kimco Realty Corporation has a 12 month low of $19.76 and a 12 month high of $26.08. The company has a current ratio of 3.78, a quick ratio of 3.78 and a debt-to-equity ratio of 0.78. The stock has a 50 day moving average of $24.10 and a 200-day moving average of $22.55. The company has a market cap of $17.14 billion, a PE ratio of 29.56, a PEG ratio of 2.77 and a beta of 0.96.

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

Kimco Realty Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Friday, June 5th were given a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend was Friday, June 5th. Kimco Realty’s dividend payout ratio (DPR) is 120.93%.

Wall Street Analyst Weigh In

Several brokerages have issued reports on KIM. Truist Financial lifted their price target on shares of Kimco Realty from $23.00 to $25.00 and gave the company a “hold” rating in a research note on Thursday, May 28th. Wolfe Research upgraded shares of Kimco Realty from a “peer perform” rating to an “outperform” rating and set a $28.00 price objective for the company in a research note on Monday. Morgan Stanley raised their price objective on Kimco Realty from $23.50 to $24.00 and gave the company an “equal weight” rating in a report on Thursday, April 16th. Evercore set a $25.00 price objective on Kimco Realty in a report on Friday, May 1st. Finally, Scotiabank lifted their target price on Kimco Realty from $24.00 to $25.00 and gave the company a “sector perform” rating in a research report on Tuesday, May 19th. Seven analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $25.50.

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.