Coldstream Capital Management Inc. Has $568,000 Stock Holdings in Kimco Realty Corp (NYSE:KIM)

Coldstream Capital Management Inc. boosted its stake in shares of Kimco Realty Corp (NYSE:KIM) by 3.7% in the 4th quarter, HoldingsChannel.com reports. The firm owned 24,254 shares of the real estate investment trust’s stock after buying an additional 874 shares during the quarter. Coldstream Capital Management Inc.’s holdings in Kimco Realty were worth $568,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of KIM. Barclays PLC boosted its position in Kimco Realty by 14.3% during the third quarter. Barclays PLC now owns 1,848,159 shares of the real estate investment trust’s stock valued at $42,915,000 after purchasing an additional 231,606 shares during the last quarter. World Investment Advisors LLC acquired a new stake in shares of Kimco Realty in the third quarter valued at approximately $269,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Kimco Realty in the third quarter valued at approximately $31,000. Tidal Investments LLC lifted its position in shares of Kimco Realty by 17.9% in the third quarter. Tidal Investments LLC now owns 35,999 shares of the real estate investment trust’s stock valued at $836,000 after buying an additional 5,466 shares during the last quarter. Finally, Synovus Financial Corp lifted its position in shares of Kimco Realty by 6.2% in the third quarter. Synovus Financial Corp now owns 42,579 shares of the real estate investment trust’s stock valued at $989,000 after buying an additional 2,476 shares during the last quarter. 89.25% of the stock is owned by institutional investors and hedge funds.

Kimco Realty Price Performance

Kimco Realty stock opened at $20.09 on Wednesday. The stock’s fifty day moving average price is $20.73 and its two-hundred day moving average price is $22.61. Kimco Realty Corp has a one year low of $17.93 and a one year high of $25.83. The company has a debt-to-equity ratio of 0.78, a current ratio of 3.65 and a quick ratio of 3.59. The firm has a market cap of $13.65 billion, a PE ratio of 35.88, a price-to-earnings-growth ratio of 2.78 and a beta of 1.25.

Kimco Realty (NYSE:KIM) last posted its quarterly earnings data on Friday, February 7th. The real estate investment trust reported $0.42 EPS for the quarter, hitting analysts’ consensus estimates of $0.42. Kimco Realty had a return on equity of 3.82% and a net margin of 20.17%. As a group, research analysts expect that Kimco Realty Corp will post 1.71 EPS for the current fiscal year.

Kimco Realty Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Friday, March 7th were paid a $0.25 dividend. The ex-dividend date was Friday, March 7th. This represents a $1.00 annualized dividend and a dividend yield of 4.98%. Kimco Realty’s payout ratio is 178.57%.

Wall Street Analyst Weigh In

KIM has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. cut their price objective on Kimco Realty from $25.00 to $24.00 and set a “neutral” rating for the company in a research report on Tuesday, February 18th. Wells Fargo & Company cut their price objective on Kimco Realty from $24.00 to $23.00 and set an “equal weight” rating for the company in a research report on Wednesday, March 26th. Jefferies Financial Group cut Kimco Realty from a “buy” rating to a “hold” rating and cut their price objective for the company from $28.00 to $25.00 in a research report on Thursday, January 2nd. Mizuho lowered their target price on Kimco Realty from $26.00 to $22.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 25th. Finally, Scotiabank lowered their target price on Kimco Realty from $24.00 to $23.00 and set a “sector perform” rating on the stock in a research note on Wednesday, April 23rd. Nine research analysts have rated the stock with a hold rating, four have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $24.68.

Kimco Realty Company 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.