171,056 Shares in Kimco Realty Corporation $KIM Acquired by Quantbot Technologies LP

Quantbot Technologies LP bought a new position in shares of Kimco Realty Corporation (NYSE:KIM) during the second quarter, HoldingsChannel.com reports. The firm bought 171,056 shares of the real estate investment trust’s stock, valued at approximately $4,336,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in KIM. Zions Bancorporation National Association UT increased its position in shares of 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 acquiring an additional 1,049 shares during the period. Root Financial Partners LLC boosted its holdings in 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 during the period. CYBER HORNET ETFs LLC purchased a new position in Kimco Realty in the second quarter valued at $37,000. MUFG Securities EMEA plc acquired a new position in Kimco Realty during the 2nd quarter worth $42,000. Finally, Clearstead Advisors LLC increased its holdings in Kimco Realty by 92.5% during the 4th 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 period. Hedge funds and other institutional investors own 89.25% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Wolfe Research raised Kimco Realty from a “peer perform” rating to an “outperform” rating and set a $28.00 price target on the stock in a research report on Monday, June 22nd. Jefferies Financial Group raised Kimco Realty to a “hold” rating in a research report on Friday, June 26th. Wall Street Zen upgraded shares of Kimco Realty from a “sell” rating to a “hold” rating in a research note on Sunday, April 26th. Stifel Nicolaus set a $28.00 target price on shares of Kimco Realty in a report on Thursday, June 11th. Finally, Wells Fargo & Company lifted their price target on shares of Kimco Realty from $25.00 to $26.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 23rd. 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 company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $26.50.

Kimco Realty Trading Up 0.0%

KIM opened at $24.03 on Monday. The company has a debt-to-equity ratio of 0.84, a quick ratio of 5.23 and a current ratio of 5.23. Kimco Realty Corporation has a one year low of $19.76 and a one year high of $26.65. The company has a market cap of $16.12 billion, a P/E ratio of 28.27, a PEG ratio of 2.56 and a beta of 0.95. The business’s 50-day simple moving average is $25.12 and its 200-day simple moving average is $23.94.

Kimco Realty (NYSE:KIM) last posted its earnings results on Tuesday, August 4th. The real estate investment trust reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.26. The firm had revenue of $550.80 million during the quarter, compared to analysts’ expectations of $543.75 million. Kimco Realty had a return on equity of 5.76% and a net margin of 27.76%.The firm’s revenue was up 4.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.44 earnings per share. Kimco Realty has set its FY 2026 guidance at 1.830-1.840 EPS. As a group, equities research analysts expect that Kimco Realty Corporation will post 1.84 EPS for the current fiscal year.

Kimco Realty Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Friday, September 4th will be given a $0.28 dividend. This is a positive change from Kimco Realty’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend is Friday, September 4th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 4.7%. Kimco Realty’s payout ratio is 122.35%.

Kimco Realty 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.