CX Institutional Purchases 54,361 Shares of Kimco Realty Corporation $KIM

Key Points

• CX Institutional increased its Kimco Realty position by 757.8% in the third quarter, acquiring 54,361 additional shares and bringing its holdings to 61,535 shares valued at approximately $1.37 million. Institutional investors collectively own 89.25% of the company.
• Kimco Realty reported quarterly EPS of $0.46, beating the $0.20 analyst consensus, while revenue rose 4.9% year over year to $550.8 million. The company issued fiscal 2026 EPS guidance of $1.83–$1.84.
• The REIT raised its quarterly dividend from $0.26 to $0.28 per share, equivalent to an annualized $1.12 dividend and a 5.0% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $26.24, compared with the stock’s $22.25 opening price.

CX Institutional grew its position in Kimco Realty Corporation (NYSE:KIM - Free Report) by 757.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 61,535 shares of the real estate investment trust's stock after buying an additional 54,361 shares during the period. CX Institutional's holdings in Kimco Realty were worth $1,367,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Root Financial Partners LLC boosted its holdings in shares of Kimco Realty by 60.7% in the first 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. IFP Advisors Inc boosted its holdings in shares of Kimco Realty by 37.9% in the 2nd quarter. IFP Advisors Inc now owns 1,738 shares of the real estate investment trust's stock valued at $44,000 after buying an additional 478 shares during the last quarter. Parkside Financial Bank & Trust boosted its holdings in shares of Kimco Realty by 41.9% in the 2nd quarter. Parkside Financial Bank & Trust now owns 2,867 shares of the real estate investment trust's stock valued at $73,000 after buying an additional 847 shares during the last quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA grew its stake in shares of Kimco Realty by 42.9% in the fourth quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 3,000 shares of the real estate investment trust's stock valued at $61,000 after buying an additional 900 shares in the last quarter. Finally, Brown Lisle Cummings Inc. grew its stake in shares of Kimco Realty by 100.0% in the first quarter. Brown Lisle Cummings Inc. now owns 3,000 shares of the real estate investment trust's stock valued at $67,000 after buying an additional 1,500 shares in the last quarter. Institutional investors own 89.25% of the company's stock.

Kimco Realty Stock Up 0.2%

Shares of NYSE KIM opened at $22.25 on Friday. The company has a debt-to-equity ratio of 0.84, a quick ratio of 5.23 and a current ratio of 5.23. Kimco Realty Corporation has a 52 week low of $19.76 and a 52 week high of $26.65. The stock has a market capitalization of $14.92 billion, a P/E ratio of 26.17, a PEG ratio of 2.58 and a beta of 0.94. The stock's fifty day moving average is $23.80 and its 200 day moving average is $24.00.

Kimco Realty (NYSE:KIM - Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The real estate investment trust reported $0.46 earnings per share for the quarter, topping analysts' consensus estimates of $0.20 by $0.26. The company had revenue of $550.80 million during the quarter, compared to the consensus estimate of $543.75 million. Kimco Realty had a net margin of 27.76% and a return on equity of 5.76%. The firm's quarterly revenue was up 4.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.44 EPS. Kimco Realty has set its FY 2026 guidance at 1.830-1.840 EPS. Sell-side analysts forecast that Kimco Realty Corporation will post 1.84 earnings per share for the current fiscal year.

Kimco Realty Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 17th. Shareholders of record on Friday, September 4th were given a dividend of $0.28 per share. The ex-dividend date of this dividend was Friday, September 4th. This represents a $1.12 dividend on an annualized basis and a yield of 5.0%. This is a boost from Kimco Realty's previous quarterly dividend of $0.26. Kimco Realty's payout ratio is currently 131.76%.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. JPMorgan Chase & Co. boosted their price target on Kimco Realty from $25.00 to $26.00 and gave the stock a "neutral" rating in a research report on Tuesday, August 25th. Weiss Ratings restated a "buy (b)" rating on shares of Kimco Realty in a research note on Friday, July 31st. Wolfe Research raised Kimco Realty from a "peer perform" rating to an "outperform" rating and set a $28.00 price target for the company in a report on Monday, June 22nd. Piper Sandler raised their price target on Kimco Realty from $28.00 to $31.00 and gave the company an "overweight" rating in a report on Tuesday, July 21st. Finally, Barclays reduced their price objective on shares of Kimco Realty from $28.00 to $27.00 and set an "overweight" rating for the company in a research report on Monday, September 28th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $26.24.

Kimco Realty Company Profile

Kimco Realty Corporation is a real estate investment trust (REIT) that owns and operates open-air, grocery-anchored shopping centers and mixed-use properties. Its tenants include grocery stores, restaurants, retailers, service providers and other businesses that serve everyday consumer needs.

The company's activities include leasing, managing, acquiring, developing and redeveloping commercial real estate. Kimco focuses on well-located properties in major metropolitan areas and seeks to enhance them through tenant additions, property improvements and mixed-use development.

Founded in 1958 by Milton Cooper and partners, Kimco has grown into one of the largest publicly traded owners and operators of shopping centers in the United States.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.