Mitsubishi UFJ Asset Management Co. Ltd. Buys New Shares in Kimco Realty Corporation $KIM

Key Points

• Mitsubishi UFJ Asset Management acquired 2.24 million Kimco Realty shares worth approximately $56.8 million, representing about 0.33% of the REIT. Institutional investors collectively own 89.25% of the company.
• Kimco Realty reported quarterly revenue of $550.8 million and EPS of $0.46, surpassing analyst estimates, while revenue increased 4.9% year over year. The company provided fiscal 2026 EPS guidance of $1.83–$1.84.
• Kimco raised its quarterly dividend from $0.26 to $0.28 per share, implying a 4.6% annualized yield. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $26.50.

Mitsubishi UFJ Asset Management Co. Ltd. acquired 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 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,239,258 shares of the real estate investment trust's stock, valued at approximately $56,765,000. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.33% of Kimco Realty as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in KIM. Zions Bancorporation National Association UT boosted its holdings in Kimco Realty by 270.4% during the fourth quarter. Zions Bancorporation National Association UT now owns 1,437 shares of the real estate investment trust's stock worth $29,000 after purchasing an additional 1,049 shares during the last quarter. Root Financial Partners LLC increased its stake in 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 position in shares of Kimco Realty during the 2nd quarter worth approximately $37,000. MUFG Securities EMEA plc purchased a new position in shares of Kimco Realty in the 2nd quarter worth approximately $42,000. Finally, Clearstead Advisors LLC boosted its stake in shares of Kimco Realty by 92.5% in the 4th quarter. Clearstead Advisors LLC now owns 2,426 shares of the real estate investment trust's stock worth $49,000 after buying an additional 1,166 shares during the last quarter. 89.25% of the stock is owned by institutional investors.

Kimco Realty Price Performance

Kimco Realty stock opened at $24.32 on Thursday. The stock has a market cap of $16.32 billion, a price-to-earnings ratio of 28.62, a PEG ratio of 2.58 and a beta of 0.95. The company has a quick ratio of 5.23, a current ratio of 5.23 and a debt-to-equity ratio of 0.84. The business has a 50-day simple moving average of $25.19 and a 200 day simple moving average of $23.89. Kimco Realty Corporation has a 52 week low of $19.76 and a 52 week high of $26.65.

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

Kimco Realty Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Friday, September 4th will be given a dividend of $0.28 per share. The ex-dividend date is Friday, September 4th. This is a boost from Kimco Realty's previous quarterly dividend of $0.26. This represents a $1.12 annualized dividend and a yield of 4.6%. Kimco Realty's dividend payout ratio (DPR) is presently 122.35%.

Analysts Set New Price Targets

A number of analysts recently commented on KIM shares. UBS Group increased their price target on Kimco Realty from $26.00 to $29.00 and gave the company a "buy" rating in a research report on Thursday, July 9th. Piper Sandler upped their price objective on shares of Kimco Realty from $28.00 to $31.00 and gave the company an "overweight" rating in a report on Tuesday, July 21st. Truist Financial increased their target price on Kimco Realty from $23.00 to $25.00 and gave the stock a "hold" rating in a research report on Thursday, May 28th. Weiss Ratings restated a "buy (b)" rating on shares of Kimco Realty in a research report on Friday, July 31st. Finally, Barclays boosted their price objective on shares of Kimco Realty from $25.00 to $28.00 and gave the company an "overweight" rating in a research note on Tuesday, May 12th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $26.50.

Kimco Realty 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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