Kimco Realty Corporation $KIM Position Cut by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. trimmed its holdings in Kimco Realty Corporation (NYSE:KIM) by 3.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,731,317 shares of the real estate investment trust’s stock after selling 463,796 shares during the quarter. Kimco Realty comprises 0.8% of Daiwa Securities Group Inc.’s portfolio, making the stock its 24th largest holding. Daiwa Securities Group Inc.’s holdings in Kimco Realty were worth $237,794,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in KIM. Brown Lisle Cummings Inc. grew its holdings in Kimco Realty by 127.3% in the 4th quarter. Brown Lisle Cummings Inc. now owns 1,500 shares of the real estate investment trust’s stock worth $30,000 after buying an additional 840 shares in the last quarter. CYBER HORNET ETFs LLC bought a new position in Kimco Realty in the 2nd quarter worth approximately $37,000. MUFG Securities EMEA plc bought a new position in Kimco Realty in the 2nd quarter worth approximately $42,000. Clearstead Advisors LLC grew its holdings in Kimco Realty by 92.5% in the 4th quarter. Clearstead Advisors LLC now owns 2,426 shares of the real estate investment trust’s stock worth $49,000 after buying an additional 1,166 shares in the last quarter. Finally, Physician Wealth Advisors Inc. grew its holdings in Kimco Realty by 39.5% in the 4th quarter. Physician Wealth Advisors Inc. now owns 2,571 shares of the real estate investment trust’s stock worth $52,000 after buying an additional 728 shares in the last quarter. 89.25% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

KIM has been the subject of a number of recent analyst reports. Morgan Stanley increased their price objective on Kimco Realty from $23.50 to $24.00 and gave the stock an “equal weight” rating in a report on Thursday, April 16th. Piper Sandler increased their price objective on Kimco Realty from $26.00 to $28.00 and gave the stock an “overweight” rating in a report on Tuesday, February 17th. Barclays upped their target price on Kimco Realty from $25.00 to $28.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 12th. JPMorgan Chase & Co. upped their target price on Kimco Realty from $23.00 to $25.00 and gave the stock a “neutral” rating in a research report on Thursday, March 5th. Finally, Scotiabank upped their target price on Kimco Realty from $24.00 to $25.00 and gave the stock a “sector perform” rating in a research report on Tuesday, May 19th. Six analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat, Kimco Realty currently has a consensus rating of “Hold” and an average target price of $25.14.

Kimco Realty Stock Performance

KIM opened at $23.99 on Friday. The company has a market capitalization of $16.18 billion, a price-to-earnings ratio of 27.89, a price-to-earnings-growth ratio of 2.73 and a beta of 0.96. The company has a debt-to-equity ratio of 0.78, a current ratio of 3.78 and a quick ratio of 3.78. Kimco Realty Corporation has a 1-year low of $19.76 and a 1-year high of $24.62. The business has a 50 day moving average price of $23.43 and a two-hundred day moving average price of $22.09.

Kimco Realty (NYSE:KIM) last released 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 firm had revenue of $558.02 million during the quarter, compared to the consensus estimate of $542.73 million. Kimco Realty had a return on equity of 5.82% and a net margin of 28.54%.The firm’s revenue for the quarter was up 4.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.44 earnings per share. Kimco Realty has set its FY 2026 guidance at 1.810-1.840 EPS. Research analysts predict that Kimco Realty Corporation will post 1.83 EPS for the current fiscal year.

Kimco Realty Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Friday, June 5th will be given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date is Friday, June 5th. Kimco Realty’s dividend payout ratio is 120.93%.

About Kimco Realty

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.