Values First Advisors Inc. Has $530,000 Position in Kimco Realty Corp (NYSE:KIM)

Values First Advisors Inc. lowered its position in Kimco Realty Corp (NYSE:KIM) by 3.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 24,858 shares of the real estate investment trust’s stock after selling 794 shares during the period. Values First Advisors Inc.’s holdings in Kimco Realty were worth $530,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its position in Kimco Realty by 0.3% in the third quarter. Vanguard Group Inc. now owns 101,457,899 shares of the real estate investment trust’s stock worth $1,784,644,000 after purchasing an additional 344,562 shares during the period. BlackRock Inc. lifted its holdings in Kimco Realty by 4.1% during the 1st quarter. BlackRock Inc. now owns 63,149,815 shares of the real estate investment trust’s stock valued at $1,233,316,000 after purchasing an additional 2,463,808 shares during the last quarter. Cohen & Steers Inc. raised its stake in shares of Kimco Realty by 38.9% in the second quarter. Cohen & Steers Inc. now owns 45,470,768 shares of the real estate investment trust’s stock valued at $896,676,000 after acquiring an additional 12,742,963 shares during the last quarter. State Street Corp boosted its holdings in shares of Kimco Realty by 19.2% in the 1st quarter. State Street Corp now owns 44,220,642 shares of the real estate investment trust’s stock worth $1,092,250,000 after acquiring an additional 7,126,475 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Kimco Realty by 23.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 31,120,015 shares of the real estate investment trust’s stock worth $547,401,000 after acquiring an additional 5,894,446 shares in the last quarter. Institutional investors and hedge funds own 89.25% of the company’s stock.

Insider Activity at Kimco Realty

In other Kimco Realty news, Director Frank Lourenso sold 8,890 shares of the stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $19.42, for a total transaction of $172,643.80. Following the completion of the transaction, the director now owns 203,534 shares in the company, valued at approximately $3,952,630.28. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 2.20% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

KIM has been the topic of several recent analyst reports. Citigroup reissued a “neutral” rating and issued a $20.00 target price (down from $26.00) on shares of Kimco Realty in a report on Friday, March 22nd. Stifel Nicolaus upped their price objective on Kimco Realty from $20.50 to $21.75 and gave the stock a “buy” rating in a report on Wednesday, November 29th. TheStreet raised Kimco Realty from a “c+” rating to a “b-” rating in a report on Thursday, December 7th. Mizuho reduced their price objective on Kimco Realty from $22.00 to $21.00 and set a “buy” rating on the stock in a report on Friday, February 23rd. Finally, Piper Sandler upped their price objective on Kimco Realty from $24.00 to $26.00 and gave the stock an “overweight” rating in a report on Wednesday, December 20th. Six investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, Kimco Realty currently has an average rating of “Hold” and a consensus price target of $21.89.

Kimco Realty Trading Up 1.3 %

Shares of KIM traded up $0.25 during trading hours on Thursday, reaching $19.61. The stock had a trading volume of 7,605,578 shares, compared to its average volume of 5,765,608. The company has a quick ratio of 5.05, a current ratio of 5.05 and a debt-to-equity ratio of 0.79. Kimco Realty Corp has a 52 week low of $16.34 and a 52 week high of $22.83. The firm has a 50-day moving average of $19.71 and a 200 day moving average of $19.29. The company has a market cap of $13.22 billion, a P/E ratio of 19.23, a P/E/G ratio of 3.64 and a beta of 1.45.

Kimco Realty Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 21st. Investors of record on Thursday, March 7th were given a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 4.90%. The ex-dividend date was Wednesday, March 6th. Kimco Realty’s dividend payout ratio is currently 94.12%.

Kimco Realty Company 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.