Bryn Mawr Trust Advisors LLC Has $5.91 Million Stake in Kimco Realty Corporation $KIM

Bryn Mawr Trust Advisors LLC decreased its holdings in shares of Kimco Realty Corporation (NYSE:KIM) by 9.3% in the 4th quarter, Holdings Channel reports. The institutional investor owned 291,783 shares of the real estate investment trust’s stock after selling 29,915 shares during the period. Bryn Mawr Trust Advisors LLC’s holdings in Kimco Realty were worth $5,914,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Knights of Columbus Asset Advisors LLC grew its position in shares of Kimco Realty by 94.1% during the 3rd quarter. Knights of Columbus Asset Advisors LLC now owns 70,662 shares of the real estate investment trust’s stock worth $1,544,000 after buying an additional 34,251 shares during the period. M&T Bank Corp grew its position in shares of Kimco Realty by 4,368.2% during the 4th quarter. M&T Bank Corp now owns 791,494 shares of the real estate investment trust’s stock worth $16,044,000 after buying an additional 773,780 shares during the period. Centersquare Investment Management LLC grew its position in shares of Kimco Realty by 1.6% during the 3rd quarter. Centersquare Investment Management LLC now owns 11,935,173 shares of the real estate investment trust’s stock worth $260,784,000 after buying an additional 188,261 shares during the period. AE Wealth Management LLC acquired a new stake in shares of Kimco Realty during the 3rd quarter worth approximately $4,653,000. Finally, Runnymede Capital Advisors Inc. acquired a new stake in shares of Kimco Realty during the 4th quarter worth approximately $900,000. Institutional investors and hedge funds own 89.25% of the company’s stock.

Kimco Realty Stock Down 0.2%

Shares of NYSE KIM opened at $23.49 on Friday. The stock has a market cap of $15.84 billion, a P/E ratio of 27.32, a P/E/G ratio of 1.28 and a beta of 0.97. The firm has a 50 day moving average price of $23.19 and a 200 day moving average price of $21.72. The company has a debt-to-equity ratio of 0.78, a quick ratio of 3.78 and a current ratio of 3.78. Kimco Realty Corporation has a 52-week low of $19.76 and a 52-week high of $24.31.

Kimco Realty (NYSE:KIM) last issued its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.01. The firm had revenue of $558.02 million during the quarter, compared to analysts’ expectations of $542.73 million. Kimco Realty had a net margin of 28.54% and a return on equity of 5.82%. The business’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.44 earnings per share. Kimco Realty has set its FY 2026 guidance at 1.810-1.840 EPS. Analysts expect that Kimco Realty Corporation will post 1.83 EPS for the current year.

Kimco Realty Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Friday, June 5th will be paid a $0.26 dividend. The ex-dividend date of this dividend is Friday, June 5th. This represents a $1.04 dividend on an annualized basis and a yield of 4.4%. Kimco Realty’s payout ratio is presently 120.93%.

Analysts Set New Price Targets

Several brokerages have recently commented on KIM. Evercore set a $25.00 price target on shares of Kimco Realty in a research report on Friday, May 1st. Wells Fargo & Company boosted their price objective on shares of Kimco Realty from $21.00 to $25.00 and gave the company an “equal weight” rating in a report on Thursday, March 19th. Morgan Stanley boosted their price objective on shares of Kimco Realty from $23.50 to $24.00 and gave the company an “equal weight” rating in a report on Thursday, April 16th. Robert W. Baird set a $25.00 price objective on shares of Kimco Realty in a report on Friday, February 13th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Kimco Realty from $23.00 to $25.00 and gave the company a “neutral” rating in a report on Thursday, March 5th. Six analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $24.71.

Kimco Realty Profile

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.