One Capital Management LLC Acquires New Stake in Kimco Realty Corporation $KIM

One Capital Management LLC bought a new stake in Kimco Realty Corporation (NYSE:KIM) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 190,027 shares of the real estate investment trust’s stock, valued at approximately $3,852,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Norges Bank acquired a new position in shares of Kimco Realty during the 4th quarter worth $215,615,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Kimco Realty by 541.6% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,304,639 shares of the real estate investment trust’s stock worth $137,756,000 after purchasing an additional 5,322,009 shares during the period. SG Americas Securities LLC grew its holdings in shares of Kimco Realty by 10,776.5% during the 4th quarter. SG Americas Securities LLC now owns 2,425,889 shares of the real estate investment trust’s stock worth $49,173,000 after purchasing an additional 2,403,585 shares during the period. Barclays PLC grew its holdings in shares of Kimco Realty by 113.0% during the 3rd quarter. Barclays PLC now owns 3,185,904 shares of the real estate investment trust’s stock worth $69,612,000 after purchasing an additional 1,690,137 shares during the period. Finally, Marshall Wace LLP lifted its position in Kimco Realty by 762.6% during the 3rd quarter. Marshall Wace LLP now owns 1,900,128 shares of the real estate investment trust’s stock worth $41,518,000 after acquiring an additional 1,679,852 shares in the last quarter. Institutional investors and hedge funds own 89.25% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. JPMorgan Chase & Co. boosted their price target on Kimco Realty from $23.00 to $25.00 and gave the stock a “neutral” rating in a research report on Thursday, March 5th. Truist Financial upped their price target on Kimco Realty from $23.00 to $25.00 and gave the company a “hold” rating in a research report on Thursday, May 28th. Wells Fargo & Company upped their price objective on Kimco Realty from $21.00 to $25.00 and gave the stock an “equal weight” rating in a research note on Thursday, March 19th. Wall Street Zen upgraded Kimco Realty from a “sell” rating to a “hold” rating in a research note on Sunday, April 26th. Finally, Evercore set a $25.00 price target on Kimco Realty in a research note on Friday, May 1st. Six investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $25.14.

Kimco Realty Stock Performance

Shares of KIM stock opened at $23.72 on Wednesday. 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 fifty-two week low of $19.76 and a fifty-two week high of $24.62. The stock’s 50-day moving average is $23.35 and its two-hundred day moving average is $22.02. The firm has a market cap of $15.99 billion, a P/E ratio of 27.58, a PEG ratio of 1.28 and a beta of 0.96.

Kimco Realty (NYSE:KIM) last issued its earnings results on Thursday, April 30th. The real estate investment trust reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.01. The company had revenue of $558.02 million for the quarter, compared to analyst estimates of $542.73 million. Kimco Realty had a return on equity of 5.82% and a net margin of 28.54%.The business’s revenue was up 4.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.44 EPS. Kimco Realty has set its FY 2026 guidance at 1.810-1.840 EPS. Analysts predict that Kimco Realty Corporation will post 1.83 earnings per share 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 issued a dividend of $0.26 per share. The ex-dividend date of this dividend is Friday, June 5th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 4.4%. Kimco Realty’s dividend payout ratio is currently 120.93%.

Kimco Realty Company 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.