Values First Advisors Inc. Has $635,000 Position in Kimco Realty Corp (NYSE:KIM)

Values First Advisors Inc. raised its holdings in shares of Kimco Realty Corp (NYSE:KIM) by 3.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,091 shares of the real estate investment trust’s stock after purchasing an additional 942 shares during the quarter. Values First Advisors Inc.’s holdings in Kimco Realty were worth $635,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Captrust Financial Advisors grew its position in shares of Kimco Realty by 3.4% in the third quarter. Captrust Financial Advisors now owns 14,657 shares of the real estate investment trust’s stock valued at $340,000 after purchasing an additional 482 shares during the last quarter. Coldstream Capital Management Inc. boosted its stake in Kimco Realty by 2.5% in the 3rd quarter. Coldstream Capital Management Inc. now owns 23,380 shares of the real estate investment trust’s stock valued at $544,000 after purchasing an additional 565 shares during the period. CWM LLC grew its holdings in Kimco Realty by 4.7% in the 3rd quarter. CWM LLC now owns 13,323 shares of the real estate investment trust’s stock valued at $309,000 after buying an additional 595 shares in the last quarter. Savant Capital LLC increased its position in Kimco Realty by 4.4% during the 4th quarter. Savant Capital LLC now owns 14,541 shares of the real estate investment trust’s stock worth $341,000 after buying an additional 611 shares during the period. Finally, Signaturefd LLC lifted its holdings in shares of Kimco Realty by 10.2% during the third quarter. Signaturefd LLC now owns 8,441 shares of the real estate investment trust’s stock worth $196,000 after buying an additional 783 shares in the last quarter. 89.25% of the stock is owned by institutional investors.

Kimco Realty Trading Down 0.4 %

Shares of KIM stock opened at $22.29 on Thursday. Kimco Realty Corp has a fifty-two week low of $17.57 and a fifty-two week high of $25.83. The stock’s fifty day moving average price is $23.10 and its two-hundred day moving average price is $23.39. The company has a debt-to-equity ratio of 0.78, a quick ratio of 3.59 and a current ratio of 3.59. The company has a market cap of $15.03 billion, a PE ratio of 40.53, a P/E/G ratio of 2.92 and a beta of 1.50.

Kimco Realty (NYSE:KIM) last released its quarterly earnings data on Friday, February 7th. The real estate investment trust reported $0.42 earnings per share for the quarter, meeting the consensus estimate of $0.42. Kimco Realty had a return on equity of 3.68% and a net margin of 19.58%. Equities analysts predict that Kimco Realty Corp will post 1.64 EPS for the current fiscal year.

Kimco Realty Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 21st. Investors of record on Friday, March 7th will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 4.49%. The ex-dividend date of this dividend is Friday, March 7th. Kimco Realty’s dividend payout ratio (DPR) is presently 181.82%.

Analysts Set New Price Targets

KIM has been the topic of several research reports. Jefferies Financial Group downgraded shares of Kimco Realty from a “buy” rating to a “hold” rating and decreased their price target for the company from $28.00 to $25.00 in a research note on Thursday, January 2nd. Evercore ISI decreased their target price on shares of Kimco Realty from $24.00 to $23.00 and set an “in-line” rating on the stock in a research report on Tuesday, December 24th. Mizuho raised their target price on shares of Kimco Realty from $24.00 to $26.00 and gave the stock a “neutral” rating in a report on Tuesday, December 10th. Robert W. Baird boosted their price target on Kimco Realty from $23.00 to $26.00 and gave the company an “outperform” rating in a research note on Tuesday, November 12th. Finally, JPMorgan Chase & Co. lowered Kimco Realty from an “overweight” rating to a “neutral” rating and set a $26.00 price objective on the stock. in a research note on Friday, December 20th. Ten research analysts have rated the stock with a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, Kimco Realty presently has a consensus rating of “Moderate Buy” and an average price target of $24.97.

Kimco Realty 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.