Danske Bank A S Purchases Shares of 324,510 Kimco Realty Corporation $KIM

Key Points

• Danske Bank acquired 324,510 shares of Kimco Realty in the second quarter, valued at approximately $8.2 million. Institutional investors collectively own 89.25% of the REIT.
• Kimco reported quarterly EPS of $0.46, exceeding the $0.20 consensus estimate, while revenue rose 4.9% year over year to $550.8 million. The company maintained fiscal 2026 EPS guidance of $1.83–$1.84.
• Kimco increased its quarterly dividend from $0.26 to $0.28 per share, implying a 4.7% annualized yield. Analysts’ consensus rating is “Moderate Buy,” with an average price target of $26.50 versus the reported $24.03 share price.

Danske Bank A S purchased a new stake in shares of Kimco Realty Corporation (NYSE:KIM - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 324,510 shares of the real estate investment trust's stock, valued at approximately $8,226,000.

A number of other hedge funds also recently modified their holdings of the business. Zions Bancorporation National Association UT increased its holdings in Kimco Realty by 270.4% in the fourth quarter. Zions Bancorporation National Association UT now owns 1,437 shares of the real estate investment trust's stock valued at $29,000 after purchasing an additional 1,049 shares during the period. Root Financial Partners LLC grew its position in shares of Kimco Realty by 60.7% in 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 last quarter. CYBER HORNET ETFs LLC bought a new stake in shares of Kimco Realty in the 2nd quarter valued at about $37,000. MUFG Securities EMEA plc acquired a new stake in shares of Kimco Realty in the second quarter valued at about $42,000. Finally, Clearstead Advisors LLC raised its position in shares of Kimco Realty by 92.5% during the fourth quarter. Clearstead Advisors LLC now owns 2,426 shares of the real estate investment trust's stock worth $49,000 after acquiring an additional 1,166 shares during the last quarter. Institutional investors and hedge funds own 89.25% of the company's stock.

Kimco Realty Trading Down 0.5%

Shares of KIM stock opened at $24.03 on Friday. The company has a market cap of $16.12 billion, a P/E ratio of 28.27, a PEG ratio of 2.58 and a beta of 0.95. The stock has a 50 day simple moving average of $25.12 and a two-hundred day simple moving average of $23.92. 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 fifty-two week low of $19.76 and a fifty-two week high of $26.65.

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

Kimco Realty Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Friday, September 4th will be given a dividend of $0.28 per share. This is a boost from Kimco Realty's previous quarterly dividend of $0.26. The ex-dividend date of this dividend is Friday, September 4th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 4.7%. Kimco Realty's payout ratio is currently 131.76%.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Jefferies Financial Group raised Kimco Realty to a "hold" rating in a research note on Friday, June 26th. UBS Group raised their price target on shares of Kimco Realty from $26.00 to $29.00 and gave the stock a "buy" rating in a report on Thursday, July 9th. Piper Sandler boosted their price target on shares of Kimco Realty from $28.00 to $31.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 21st. Truist Financial upped their price objective on shares of Kimco Realty from $23.00 to $25.00 and gave the company a "hold" rating in a research note on Thursday, May 28th. Finally, Citigroup increased their price objective on shares of Kimco Realty from $24.00 to $26.00 and gave the stock a "neutral" rating in a research report on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and nine have given a Hold rating to the company's stock. According to data from MarketBeat.com, Kimco Realty presently has a consensus rating of "Moderate Buy" and a consensus price target of $26.50.

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.

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