VIRGINIA RETIREMENT SYSTEMS ET Al Sells 107,400 Shares of Kimco Realty Corporation $KIM

VIRGINIA RETIREMENT SYSTEMS ET Al decreased its position in shares of Kimco Realty Corporation (NYSE:KIM) by 5.5% in the third quarter, HoldingsChannel reports. The firm owned 1,857,089 shares of the real estate investment trust’s stock after selling 107,400 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Kimco Realty were worth $41,246,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Root Financial Partners LLC lifted its position in shares of 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 worth $32,000 after buying an additional 546 shares in the last quarter. IFP Advisors Inc grew its holdings in Kimco Realty by 37.9% during the 2nd quarter. IFP Advisors Inc now owns 1,738 shares of the real estate investment trust’s stock valued at $44,000 after buying an additional 478 shares in the last quarter. Parkside Financial Bank & Trust grew its holdings in Kimco Realty by 41.9% during the 2nd quarter. Parkside Financial Bank & Trust now owns 2,867 shares of the real estate investment trust’s stock valued at $73,000 after buying an additional 847 shares in the last quarter. International Assets Investment Management LLC purchased a new position in Kimco Realty during the 1st quarter valued at approximately $79,000. Finally, Contravisory Investment Management Inc. bought a new stake in Kimco Realty in the 2nd quarter worth approximately $82,000. 89.25% of the stock is owned by institutional investors.

Kimco Realty Trading Up 0.4%

Shares of NYSE KIM opened at $24.51 on Friday. Kimco Realty Corporation has a 1-year low of $19.76 and a 1-year high of $26.65. The company has a debt-to-equity ratio of 0.82, a current ratio of 3.81 and a quick ratio of 5.23. The business’s 50 day moving average is $23.06 and its two-hundred day moving average is $23.50. The stock has a market capitalization of $16.44 billion, a P/E ratio of 13.34, a PEG ratio of 2.77 and a beta of 0.94.

Kimco Realty (NYSE:KIM) last posted its quarterly earnings data on Thursday, October 29th. The real estate investment trust reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.01. The business had revenue of $546.15 million during the quarter, compared to analyst estimates of $549.06 million. Kimco Realty had a return on equity of 7.16% and a net margin of 34.06%. The company’s revenue for the quarter was up 3.9% on a year-over-year basis. During the same period last year, the company earned $0.44 EPS. As a group, research analysts expect that Kimco Realty Corporation will post 1.84 EPS for the current year.

Kimco Realty Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 18th. Investors of record on Friday, December 4th will be issued a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a yield of 4.6%. The ex-dividend date is Friday, December 4th. Kimco Realty’s dividend payout ratio is presently 131.76%.

Kimco Realty News Roundup

Here are the key news stories impacting Kimco Realty this week:

• Positive Sentiment: FFO beat estimates: Third-quarter funds from operations increased 6.8% year over year to $0.47 per share, exceeding the $0.46 analyst consensus and last year’s $0.44. Net income also more than doubled to $272.5 million, or $0.41 per diluted share. Kimco Realty Surpasses Q3 FFO Estimates
• Positive Sentiment: Portfolio fundamentals improved: Occupancy reached a record 96.6%, while same-property net operating income rose 4.9% year over year, indicating continued leasing momentum and pricing strength in Kimco’s grocery-anchored shopping-center portfolio. Kimco Realty Announces Third Quarter 2026 Results
• Positive Sentiment: Full-year outlook raised: Management increased its 2026 net-income outlook to $1.07-$1.09 per share and lifted its FFO outlook, reflecting confidence in leasing gains and operating performance. Kimco Realty Reports Third Quarter Results and Raises Outlook
• Positive Sentiment: Shareholder returns remain attractive: Kimco declared a quarterly dividend of $0.28 per share, equivalent to $1.12 annually and a yield of approximately 4.6%. The company also repurchased 6.3 million shares for $150 million. Kimco Realty Earnings Report
• Neutral Sentiment: Revenue slightly missed expectations: Quarterly revenue rose 3.9% to $546.1 million but fell short of the $549.1 million consensus estimate, creating a modest counterweight to the FFO and guidance beats. KIM Q3 FFO Beats on Strong Leasing

Analysts Set New Price Targets

Several brokerages have recently issued reports on KIM. Weiss Ratings cut Kimco Realty from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, October 8th. Mizuho cut their target price on shares of Kimco Realty from $25.00 to $23.00 and set a “neutral” rating for the company in a report on Thursday, September 24th. UBS Group reduced their price target on shares of Kimco Realty from $29.00 to $25.00 and set a “buy” rating on the stock in a research report on Friday, October 9th. The Goldman Sachs Group set a $24.00 price target on shares of Kimco Realty in a research report on Wednesday, October 7th. Finally, Piper Sandler decreased their price target on shares of Kimco Realty from $31.00 to $27.00 and set an “overweight” rating on the stock in a research note on Monday, October 12th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $25.71.

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.