Kimco Realty Corp (NYSE:KIM) Institutional Investor Sentiment Is 1.1

May 12, 2018 - By Migdalia James

Kimco Realty Corporation (NYSE:KIM) Logo

Sentiment for Kimco Realty Corp (NYSE:KIM)

Kimco Realty Corp (NYSE:KIM) institutional sentiment decreased to 1.1 in 2017 Q4. Its down -0.15, from 1.25 in 2017Q3. The ratio dived, as 172 funds increased and started new equity positions, while 157 sold and decreased their equity positions in Kimco Realty Corp. The funds in our partner’s database now possess: 373.17 million shares, down from 385.41 million shares in 2017Q3. Also, the number of funds holding Kimco Realty Corp in their top 10 equity positions increased from 0 to 1 for an increase of 1. Sold All: 32 Reduced: 125 Increased: 113 New Position: 59.

Kimco Realty Corporation is an independent real estate investment trust. The company has market cap of $6.15 billion. The firm invests in the real estate markets across North America. It has a 16.59 P/E ratio. It is primarily engaged in acquisitions, development, and management of neighborhood and community shopping centers.

The stock decreased 0.89% or $0.13 during the last trading session, reaching $14.43. About 3.21M shares traded. Kimco Realty Corporation (NYSE:KIM) has declined 35.77% since May 12, 2017 and is downtrending. It has underperformed by 47.32% the S&P500.

Hamlin Capital Management Llc holds 3.02% of its portfolio in Kimco Realty Corporation for 4.33 million shares. Adelante Capital Management Llc owns 2.39 million shares or 2.36% of their US portfolio. Moreover, Goodman Financial Corp has 2.22% invested in the company for 270,660 shares. The California-based Private Management Group Inc has invested 1.75% in the stock. Security Capital Research & Management Inc, a Illinois-based fund reported 2.77 million shares.

Since January 1, 0001, it had 1 insider buy, and 1 insider sale for $181,920 activity.

Kimco Realty Corporation (NYSE:KIM) Ratings Coverage

Ratings analysis reveals 8% of Kimco Realty’s analysts are positive. Out of 13 Wall Street analysts rating Kimco Realty, 1 give it “Buy”, 2 “Sell” rating, while 10 recommend “Hold”. The lowest target is $15.5 while the high is $20.5. The stock’s average target of $17.55 is 21.62% above today’s ($14.43) share price. KIM was included in 18 notes of analysts from November 13, 2017. The company was downgraded on Monday, November 27 by Robert W. Baird. SunTrust maintained Kimco Realty Corporation (NYSE:KIM) rating on Monday, January 22. SunTrust has “Hold” rating and $18.0 target. The firm earned “Hold” rating on Thursday, February 22 by Mizuho. The stock of Kimco Realty Corporation (NYSE:KIM) earned “Overweight” rating by Barclays Capital on Tuesday, January 30. The rating was maintained by Stifel Nicolaus with “Hold” on Friday, December 1. The stock has “Neutral” rating by JP Morgan on Friday, December 15. The company was downgraded on Friday, February 16 by Bank of America. The firm has “Underperform” rating by Evercore given on Monday, March 5. The company was maintained on Thursday, February 15 by Robert W. Baird. The rating was maintained by Sandler O’Neill with “Hold” on Friday, February 2.

More notable recent Kimco Realty Corporation (NYSE:KIM) news were published by: Seekingalpha.com which released: “Boom! Strong Buy Kimco Bounces Back” on May 01, 2018, also Bizjournals.com with their article: “Developer behind massive Pr. George’s project nears deal for supermarket anchor” published on May 11, 2018, Seekingalpha.com published: “Kimco Realty’s (KIM) CEO Conor Flynn on Q1 2018 Results – Earnings Call Transcript” on April 26, 2018. More interesting news about Kimco Realty Corporation (NYSE:KIM) were released by: Seekingalpha.com and their article: “Fear Is Your Friend” published on April 17, 2018 as well as Seekingalpha.com‘s news article titled: “Kimco: Do You Prefer A Yield Over 9%?” with publication date: April 26, 2018.

Kimco Realty Corporation (NYSE:KIM) Institutional Positions Chart

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