Kimco Realty Corporation $KIM Shares Newly Purchased by Soltis Investment Advisors LLC

Key Points

• Soltis Investment Advisors acquired 215,977 Kimco Realty shares in the third quarter, valued at approximately $4.8 million. Institutional investors collectively own 89.25% of the REIT.
• Kimco’s latest quarterly results showed adjusted earnings of $0.47 per share, topping estimates, while revenue increased 3.9% year over year but slightly missed expectations.
• The company declared a $0.28 quarterly dividend, equivalent to $1.12 annually and a 4.6% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $25.71.

Soltis Investment Advisors LLC bought a new position in Kimco Realty Corporation (NYSE:KIM - Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 215,977 shares of the real estate investment trust's stock, valued at approximately $4,797,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Root Financial Partners LLC raised its holdings in shares of Kimco Realty by 60.7% during 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 last quarter. IFP Advisors Inc grew its holdings in 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 worth $44,000 after buying an additional 478 shares in the last quarter. Parkside Financial Bank & Trust grew its holdings in 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 worth $73,000 after buying an additional 847 shares in the last quarter. International Assets Investment Management LLC bought a new position in Kimco Realty in the 1st quarter worth approximately $79,000. Finally, Contravisory Investment Management Inc. acquired a new stake in Kimco Realty in the 2nd quarter valued at approximately $82,000. Institutional investors own 89.25% of the company's stock.

Kimco Realty Stock Up 4.2%

NYSE KIM opened at $24.38 on Friday. The company has a debt-to-equity ratio of 0.84, a current ratio of 5.23 and a quick ratio of 5.23. The company's 50 day simple moving average is $23.05 and its 200 day simple moving average is $23.48. Kimco Realty Corporation has a 12 month low of $19.76 and a 12 month high of $26.65. The company has a market capitalization of $16.35 billion, a P/E ratio of 28.68, a PEG ratio of 2.67 and a beta of 0.94.

Kimco Realty (NYSE:KIM - Get Free Report) last released its 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. The business had revenue of $546.15 million during the quarter, compared to analyst estimates of $549.06 million. Kimco Realty had a net margin of 27.76% and a return on equity of 5.76%. The business's quarterly revenue was up 3.9% on a year-over-year basis. During the same period in the prior year, the business earned $0.44 earnings per share. Equities research analysts expect that Kimco Realty Corporation will post 1.84 earnings per share for the current fiscal year.

Kimco Realty Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 18th. Stockholders 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 dividend yield of 4.6%. The ex-dividend date is Friday, December 4th. Kimco Realty's dividend payout ratio is 131.76%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Weiss Ratings cut Kimco Realty from a "buy (b)" rating to a "buy (b-)" rating in a research note on Thursday, October 8th. Barclays cut their price objective on shares of Kimco Realty from $28.00 to $27.00 and set an "overweight" rating on the stock in a research note on Monday, September 28th. Mizuho reduced their price objective on shares of Kimco Realty from $25.00 to $23.00 and set a "neutral" rating for the company in a report on Thursday, September 24th. The Goldman Sachs Group set a $24.00 price objective on shares of Kimco Realty in a report on Wednesday, October 7th. Finally, Citigroup increased their target price on shares of Kimco Realty from $24.00 to $26.00 and gave the company a "neutral" rating in a research report on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $25.71.

More 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

Kimco Realty Company Profile

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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