United Capital Financial Advisors LLC Makes New $1.20 Million Investment in Kimco Realty Corporation $KIM

Key Points

• United Capital Financial Advisors initiated a $1.20 million position in Kimco Realty during the second quarter by purchasing 47,164 shares. Institutional investors collectively own 89.25% of the REIT.
• Kimco Realty reported quarterly revenue of $550.8 million and earnings of $0.46 per share, exceeding analyst expectations, while revenue increased 4.9% year over year. The company maintained fiscal 2026 EPS guidance of $1.83–$1.84.
• Kimco raised its quarterly dividend to $0.28 per share, equivalent to a 4.7% annualized yield. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $26.56.

United Capital Financial Advisors LLC bought a new position in Kimco Realty Corporation (NYSE:KIM - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 47,164 shares of the real estate investment trust's stock, valued at approximately $1,196,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in KIM. Zions Bancorporation National Association UT grew its stake 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 worth $29,000 after purchasing an additional 1,049 shares during the period. Root Financial Partners LLC lifted its position in 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 period. CYBER HORNET ETFs LLC purchased a new position in Kimco Realty during the second quarter valued at $37,000. MUFG Securities EMEA plc bought a new stake in shares of Kimco Realty during the 2nd quarter valued at $42,000. Finally, Clearstead Advisors LLC boosted its holdings in shares of Kimco Realty by 92.5% during the 4th quarter. Clearstead Advisors LLC now owns 2,426 shares of the real estate investment trust's stock valued at $49,000 after buying an additional 1,166 shares in the last quarter. Hedge funds and other institutional investors own 89.25% of the company's stock.

Kimco Realty Stock Down 0.1%

Shares of Kimco Realty stock opened at $23.78 on Friday. The company has a 50-day simple moving average of $25.04 and a two-hundred day simple moving average of $24.01. The stock has a market capitalization of $15.95 billion, a PE ratio of 27.98, a price-to-earnings-growth ratio of 2.53 and a beta of 0.95. Kimco Realty Corporation has a 52-week low of $19.76 and a 52-week high of $26.65. 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 (NYSE:KIM - Get Free Report) last announced 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 net margin of 27.76% and a return on equity of 5.76%. The company had revenue of $550.80 million during the quarter, compared to the consensus estimate of $543.75 million. During the same quarter last year, the firm earned $0.44 earnings per share. The firm's quarterly 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, analysts anticipate that Kimco Realty Corporation will post 1.84 EPS for the current fiscal year.

Kimco Realty Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Friday, September 4th will be paid a $0.28 dividend. This is an increase from Kimco Realty's previous quarterly dividend of $0.26. This represents a $1.12 annualized dividend and a dividend yield of 4.7%. The ex-dividend date is Friday, September 4th. Kimco Realty's dividend payout ratio (DPR) is presently 122.35%.

Wall Street Analyst Weigh In

KIM has been the subject of several research reports. The Goldman Sachs Group reiterated a "neutral" rating and issued a $28.00 price target on shares of Kimco Realty in a research note on Tuesday, August 11th. Weiss Ratings reissued a "buy (b)" rating on shares of Kimco Realty in a research note on Friday, July 31st. Citigroup upped their price objective on shares of Kimco Realty from $24.00 to $26.00 and gave the stock a "neutral" rating in a report on Monday, August 10th. Piper Sandler raised their target price on shares of Kimco Realty from $28.00 to $31.00 and gave the company an "overweight" rating in a research note on Tuesday, July 21st. Finally, JPMorgan Chase & Co. lifted their target price on shares of Kimco Realty from $25.00 to $26.00 and gave the company a "neutral" rating in a report on Tuesday, August 25th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $26.56.

About Kimco Realty

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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