Commonwealth of Pennsylvania Public School Empls Retrmt SYS Buys 84,796 Shares of Kimco Realty Corporation $KIM

Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in Kimco Realty Corporation (NYSE:KIM) by 22.5% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 460,860 shares of the real estate investment trust’s stock after purchasing an additional 84,796 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Kimco Realty were worth $10,356,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. Zions Bancorporation National Association UT raised its stake in Kimco Realty by 270.4% during the 4th quarter. Zions Bancorporation National Association UT now owns 1,437 shares of the real estate investment trust’s stock valued at $29,000 after buying an additional 1,049 shares during the last quarter. Root Financial Partners LLC lifted its holdings in shares of Kimco Realty by 60.7% during the 1st quarter. Root Financial Partners LLC now owns 1,446 shares of the real estate investment trust’s stock valued at $32,000 after buying an additional 546 shares during the period. Brown Lisle Cummings Inc. boosted its stake in shares of Kimco Realty by 127.3% in the 4th quarter. Brown Lisle Cummings Inc. now owns 1,500 shares of the real estate investment trust’s stock worth $30,000 after buying an additional 840 shares during the last quarter. CYBER HORNET ETFs LLC purchased a new position in shares of Kimco Realty in the 2nd quarter worth $37,000. Finally, MUFG Securities EMEA plc bought a new stake in shares of Kimco Realty in the second quarter worth $42,000. Institutional investors own 89.25% of the company’s stock.

Kimco Realty Trading Up 0.9%

Shares of KIM stock opened at $25.09 on Tuesday. Kimco Realty Corporation has a 1 year low of $19.76 and a 1 year high of $26.08. The firm has a fifty day moving average price of $24.49 and a 200-day moving average price of $23.02. The company has a debt-to-equity ratio of 0.78, a current ratio of 3.78 and a quick ratio of 3.78. The company has a market cap of $16.92 billion, a price-to-earnings ratio of 29.18, a PEG ratio of 2.74 and a beta of 0.95.

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

Kimco Realty Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Friday, June 5th were given a $0.26 dividend. The ex-dividend date was Friday, June 5th. This represents a $1.04 dividend on an annualized basis and a yield of 4.1%. Kimco Realty’s dividend payout ratio is presently 120.93%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Wolfe Research upgraded Kimco Realty from a “peer perform” rating to an “outperform” rating and set a $28.00 price objective for the company in a research report on Monday, June 22nd. Scotiabank raised their target price on Kimco Realty from $24.00 to $25.00 and gave the stock a “sector perform” rating in a research report on Tuesday, May 19th. Evercore set a $25.00 price target on Kimco Realty in a research note on Friday, May 1st. Weiss Ratings raised shares of Kimco Realty from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 4th. Finally, Jefferies Financial Group raised shares of Kimco Realty to a “hold” rating in a research report on Friday, June 26th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, Kimco Realty currently has a consensus rating of “Moderate Buy” and a consensus price target of $25.88.

About Kimco Realty

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.