Kimco Realty Corp (NYSE:KIM) Stake Boosted by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. boosted its position in shares of Kimco Realty Corp (NYSE:KIM - Free Report) by 18.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 781,532 shares of the real estate investment trust's stock after purchasing an additional 124,453 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.12% of Kimco Realty worth $18,311,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Catalyst Capital Advisors LLC purchased a new stake in shares of Kimco Realty during the third quarter worth about $25,000. Wilmington Savings Fund Society FSB purchased a new stake in Kimco Realty during the 3rd quarter worth approximately $31,000. Brooklyn Investment Group acquired a new position in shares of Kimco Realty in the 3rd quarter valued at approximately $37,000. Quarry LP purchased a new position in shares of Kimco Realty during the 3rd quarter valued at approximately $51,000. Finally, Castleview Partners LLC acquired a new stake in shares of Kimco Realty during the third quarter worth approximately $77,000. Institutional investors and hedge funds own 89.25% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Wells Fargo & Company cut their price target on shares of Kimco Realty from $26.00 to $24.00 and set an "equal weight" rating on the stock in a report on Wednesday. UBS Group upped their target price on shares of Kimco Realty from $25.00 to $30.00 and gave the company a "buy" rating in a research note on Friday, November 8th. Mizuho lifted their price target on Kimco Realty from $24.00 to $26.00 and gave the stock a "neutral" rating in a research note on Tuesday, December 10th. Robert W. Baird boosted their target price on shares of Kimco Realty from $23.00 to $26.00 and gave the company an "outperform" rating in a research note on Tuesday, November 12th. Finally, Evercore ISI dropped their price target on Kimco Realty from $24.00 to $23.00 and set an "in-line" rating on the stock in a research report on Tuesday, December 24th. Ten analysts have rated the stock with a hold rating, four have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $24.97.

Kimco Realty Price Performance

Shares of KIM stock traded down $0.22 during mid-day trading on Friday, hitting $22.46. 11,742,961 shares of the stock traded hands, compared to its average volume of 3,842,177. Kimco Realty Corp has a twelve month low of $17.57 and a twelve month high of $25.83. The company has a debt-to-equity ratio of 0.78, a quick ratio of 3.59 and a current ratio of 3.59. The company's 50-day simple moving average is $23.55 and its 200-day simple moving average is $23.32. The firm has a market cap of $15.14 billion, a price-to-earnings ratio of 40.83, a price-to-earnings-growth ratio of 2.90 and a beta of 1.51.

Kimco Realty (NYSE:KIM - Get Free Report) last announced its earnings results on Thursday, October 31st. The real estate investment trust reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.22). Kimco Realty had a net margin of 19.58% and a return on equity of 3.68%. The firm had revenue of $507.63 million for the quarter, compared to the consensus estimate of $502.78 million. During the same period in the prior year, the business earned $0.40 EPS. The company's quarterly revenue was up 13.8% compared to the same quarter last year. As a group, equities research analysts expect that Kimco Realty Corp will post 1.64 earnings per share for the current year.

Kimco Realty Profile

Kimco Realty Corp. is a real estate investment trust (REIT) headquartered in New Hyde Park, N.Y., that is one of North America's largest publicly traded owners and operators of open-air shopping centers. As of December 31, 2018, the company owned interests in 437 U.S. shopping centers comprising 76 million square feet of leasable space primarily concentrated in the top major metropolitan markets.