Hsbc Holdings PLC Has $72.72 Million Position in Kimco Realty Corporation $KIM

Hsbc Holdings PLC boosted its position in Kimco Realty Corporation (NYSE:KIM) by 8.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,587,902 shares of the real estate investment trust’s stock after purchasing an additional 283,385 shares during the quarter. Hsbc Holdings PLC’s holdings in Kimco Realty were worth $72,724,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Zions Bancorporation National Association UT increased its position in 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 buying an additional 1,049 shares during the period. Brown Lisle Cummings Inc. boosted 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 valued at $30,000 after acquiring an additional 840 shares during the period. CYBER HORNET ETFs LLC bought a new stake in shares of Kimco Realty in the second quarter valued at about $37,000. MUFG Securities EMEA plc acquired a new position in shares of Kimco Realty in the second quarter valued at about $42,000. Finally, Clearstead Advisors LLC grew its stake in shares of Kimco Realty by 92.5% in the fourth quarter. Clearstead Advisors LLC now owns 2,426 shares of the real estate investment trust’s stock valued at $49,000 after acquiring an additional 1,166 shares in the last quarter. 89.25% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

KIM has been the topic of a number of recent research reports. Barclays raised their price target on shares of Kimco Realty from $25.00 to $28.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 12th. Weiss Ratings upgraded shares of Kimco Realty from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 4th. Wolfe Research raised shares of Kimco Realty from a “peer perform” rating to an “outperform” rating and set a $28.00 target price on the stock in a report on Monday. Wells Fargo & Company lifted their price target on shares of Kimco Realty from $21.00 to $25.00 and gave the company an “equal weight” rating in a research report on Thursday, March 19th. Finally, Wall Street Zen upgraded Kimco Realty from a “sell” rating to a “hold” rating in a research note on Sunday, April 26th. Seven investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $25.50.

Kimco Realty Stock Up 1.3%

Shares of NYSE KIM opened at $24.68 on Tuesday. The stock has a market capitalization of $16.65 billion, a P/E ratio of 28.70, a PEG ratio of 2.79 and a beta of 0.96. The stock’s fifty day moving average is $24.01 and its 200 day moving average is $22.48. Kimco Realty Corporation has a 52 week low of $19.76 and a 52 week high of $26.08. The company has a debt-to-equity ratio of 0.78, a quick ratio of 3.78 and a current ratio of 3.78.

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 during the quarter, compared to analysts’ expectations of $542.73 million. Kimco Realty had a net margin of 28.54% and a return on equity of 5.82%. Kimco Realty’s revenue was up 4.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.44 earnings per share. Kimco Realty has set its FY 2026 guidance at 1.810-1.840 EPS. Sell-side analysts forecast that Kimco Realty Corporation will post 1.83 earnings per share for the current fiscal year.

Kimco Realty Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Friday, June 5th were issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Friday, June 5th. Kimco Realty’s dividend payout ratio is 120.93%.

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.