295,675 Kimco Realty Corporation $KIM Shares Acquired by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. raised its holdings in shares of Kimco Realty Corporation (NYSE:KIM) by 11.2% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,945,393 shares of the real estate investment trust’s stock after purchasing an additional 295,675 shares during the period. Robeco Institutional Asset Management B.V. owned 0.44% of Kimco Realty worth $65,417,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. BlackRock Inc. bought a new stake in shares of Kimco Realty in the 2nd quarter worth approximately $1,895,765,000. Bank of America Corp DE bought a new position in Kimco Realty during the 2nd quarter valued at approximately $235,111,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Kimco Realty by 7,715.9% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,304,565 shares of the real estate investment trust’s stock valued at $159,821,000 after buying an additional 6,223,902 shares in the last quarter. Legal & General Group Plc bought a new position in Kimco Realty during the 2nd quarter valued at approximately $156,283,000. Finally, Bank of New York Mellon Corp purchased a new position in Kimco Realty during the second quarter valued at $152,113,000. 89.25% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the company. Morgan Stanley boosted their target price on Kimco Realty from $24.00 to $25.00 and gave the stock an “equal weight” rating in a report on Tuesday, September 29th. Truist Financial assumed coverage on Kimco Realty in a research note on Thursday, October 1st. They issued a “hold” rating and a $24.00 target price on the stock. Barclays reduced their price target on Kimco Realty from $28.00 to $27.00 and set an “overweight” rating for the company in a report on Monday, September 28th. Raymond James Financial reiterated a “strong-buy” rating and issued a $29.00 price target on shares of Kimco Realty in a research note on Monday, June 29th. Finally, Piper Sandler cut their price objective on shares of Kimco Realty from $31.00 to $27.00 and set an “overweight” rating on the stock in a research report on Monday, October 12th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, Kimco Realty presently has an average rating of “Moderate Buy” and a consensus target price of $25.88.

Kimco Realty Price Performance

Shares of KIM opened at $23.60 on Friday. The company has a market capitalization of $15.83 billion, a P/E ratio of 27.76, a price-to-earnings-growth ratio of 2.64 and a beta of 0.94. The company has a quick ratio of 5.23, a current ratio of 5.23 and a debt-to-equity ratio of 0.84. The firm has a 50 day moving average of $23.09 and a 200 day moving average of $24.00. Kimco Realty Corporation has a twelve month low of $19.76 and a twelve month high of $26.65.

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

Kimco Realty Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 17th. Shareholders of record on Friday, September 4th were issued a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend was Friday, September 4th. This is a positive change from Kimco Realty’s previous quarterly dividend of $0.26. Kimco Realty’s dividend payout ratio is 131.76%.

Kimco Realty Company Profile

Kimco Realty Corporation is a real estate investment trust that owns, operates and develops open-air, grocery-anchored shopping centers and mixed-use properties in the United States. Its properties are designed to serve everyday consumer needs and typically include grocery stores, restaurants, service businesses, retailers and other essential tenants.

The company’s portfolio is concentrated in major metropolitan areas and high-density communities, with a focus on locations that offer convenient access, strong surrounding demographics and complementary tenant mixes.