56,665 Kimco Realty Corporation $KIM Shares Purchased by Asset Management One Co. Ltd.

Key Points

• Asset Management One increased its Kimco Realty stake by 4.5% in the third quarter, purchasing 56,665 shares and bringing its holdings to 1.31 million shares valued at approximately $29 million. Institutional investors collectively own 89.25% of the REIT.
• Kimco Realty reported third-quarter EPS of $0.47, slightly exceeding estimates, while revenue increased 3.9% year over year to $546.15 million but narrowly missed expectations.
• The company declared a quarterly dividend of $0.28 per share, equivalent to $1.12 annually and a 4.6% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $25.71.

Asset Management One Co. Ltd. boosted its stake in shares of Kimco Realty Corporation (NYSE:KIM - Free Report) by 4.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,307,829 shares of the real estate investment trust's stock after buying an additional 56,665 shares during the quarter. Asset Management One Co. Ltd. owned 0.19% of Kimco Realty worth $29,047,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Verdence Capital Advisors LLC boosted its position in shares of Kimco Realty by 1.5% in the 3rd quarter. Verdence Capital Advisors LLC now owns 42,901 shares of the real estate investment trust's stock worth $953,000 after buying an additional 627 shares in the last quarter. Leo Wealth LLC purchased a new position in Kimco Realty during the 3rd quarter valued at about $261,000. Apollon Wealth Management LLC increased its holdings in Kimco Realty by 35.3% during the 3rd quarter. Apollon Wealth Management LLC now owns 21,056 shares of the real estate investment trust's stock valued at $468,000 after acquiring an additional 5,499 shares in the last quarter. Signaturefd LLC raised its position in Kimco Realty by 6.3% during the third quarter. Signaturefd LLC now owns 13,765 shares of the real estate investment trust's stock worth $306,000 after acquiring an additional 813 shares during the last quarter. Finally, Yousif Capital Management LLC raised its position in Kimco Realty by 3.1% during the third quarter. Yousif Capital Management LLC now owns 128,265 shares of the real estate investment trust's stock worth $2,849,000 after acquiring an additional 3,873 shares during the last quarter. 89.25% of the stock is owned by hedge funds and other institutional investors.

Kimco Realty Stock Performance

Kimco Realty stock opened at $24.38 on Friday. The stock has a fifty day moving average price of $23.05 and a 200 day moving average price of $23.48. Kimco Realty Corporation has a 52 week low of $19.76 and a 52 week high of $26.65. The firm has a market capitalization of $16.35 billion, a P/E ratio of 13.00, a PEG ratio of 2.67 and a beta of 0.94. The company has a current ratio of 5.23, a quick ratio of 5.23 and a debt-to-equity ratio of 0.84.

Kimco Realty (NYSE:KIM - Get Free Report) last posted its quarterly earnings results on Thursday, October 29th. The real estate investment trust reported $0.47 EPS for the quarter, beating the consensus estimate of $0.46 by $0.01. Kimco Realty had a return on equity of 5.76% and a net margin of 27.76%. The company had revenue of $546.15 million during the quarter, compared to analysts' expectations of $549.06 million. During the same quarter in the previous year, the business earned $0.44 EPS. The firm's revenue was up 3.9% on a year-over-year basis. Equities research analysts anticipate that Kimco Realty Corporation will post 1.84 earnings per share for the current year.

Kimco Realty Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, December 18th. Shareholders of record on Friday, December 4th will be given a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend is Friday, December 4th. Kimco Realty's payout ratio is 131.76%.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on KIM. JPMorgan Chase & Co. raised their price objective on shares of Kimco Realty from $25.00 to $26.00 and gave the stock a "neutral" rating in a research note on Tuesday, August 25th. The Goldman Sachs Group set a $24.00 target price on Kimco Realty in a research note on Wednesday, October 7th. Morgan Stanley increased their target price on Kimco Realty from $24.00 to $25.00 and gave the company an "equal weight" rating in a report on Tuesday, September 29th. UBS Group dropped their price target on Kimco Realty from $29.00 to $25.00 and set a "buy" rating for the company in a research report on Friday, October 9th. Finally, Truist Financial assumed coverage on Kimco Realty in a research report on Thursday, October 1st. They set a "hold" rating and a $24.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, Kimco Realty has an average rating of "Moderate Buy" and a consensus target price of $25.71.

Key Kimco Realty News

Here are the key news stories impacting Kimco Realty this week:

• Positive Sentiment: FFO beat estimates and rose year over year. Third-quarter funds from operations increased 6.8% to $0.47 per share, exceeding the $0.46 analyst consensus and last year’s $0.44. Net income rose to $272.5 million, or $0.41 per diluted share, from $130.2 million, or $0.19, a year earlier. KIM Q3 FFO Beats on Strong Leasing, Revenues Miss, 2026 Outlook Raised
• Positive Sentiment: Operating fundamentals strengthened. Portfolio occupancy reached a record 96.6%, same-property net operating income increased 4.9%, and stronger leasing activity helped drive the improved results. Kimco Realty Announces Third Quarter 2026 Results
• Positive Sentiment: Kimco raised its 2026 outlook. Management increased its full-year net-income forecast to $1.07-$1.09 per diluted share, reflecting confidence in leasing and property-level performance. The company also ended the quarter with approximately $2.5 billion of immediate liquidity and repurchased 6.3 million shares for $150 million. Kimco Reports Third-Quarter Net Income
• Positive Sentiment: The quarterly dividend was maintained. Kimco declared a $0.28-per-share dividend payable December 18 to shareholders of record December 4, representing $1.12 annualized. Kimco Realty Earnings Report
• Neutral Sentiment: Revenue modestly missed expectations. Quarterly revenue rose 3.9% to $546.1 million but fell short of the $549.1 million consensus estimate, partially tempering the otherwise favorable earnings report.
• Neutral Sentiment: Evercore ISI raised its price target to $25 from $24, indicating modest additional upside based on the improved outlook. Evercore ISI Adjusts Kimco Realty Price Target

About Kimco Realty

Kimco Realty Corporation is a real estate investment trust that owns, operates and develops open-air, grocery-anchored shopping centers and mixed-use properties in the United States. Its properties are designed to serve everyday consumer needs and typically include grocery stores, restaurants, service businesses, retailers and other essential tenants.

The company's portfolio is concentrated in major metropolitan areas and high-density communities, with a focus on locations that offer convenient access, strong surrounding demographics and complementary tenant mixes.

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