Kimco Realty Corporation (KIM) fell down -4.17% in the last trading session
- Author: Zachary Reyes May 18, 2017,
May 18, 2017, 16:33
Advisor Group Inc. raised its stake in shares of Duke Realty Corp by 42.9% in the third quarter. Following the transaction, the director now directly owns 4,949 shares of the company's stock, valued at $126,298.48. 318.37 million shares or 3.26% less from 329.09 million shares in 2016Q3 were reported. Zacks Investment Research lowered shares of Kimco Realty Corp from a hold rating to a sell rating in a report on Thursday, April 27th.
12 analysts on average are expecting Kimco Realty Corporation to report earnings of $0.38 per share for the current quarter. Bnp Paribas Investment Partners Sa acquired 146,842 shares as Kimco Rlty Corp (KIM)'s stock 0.00%. Finally, Nuveen Fund Advisors LLC acquired a new position in shares of Duke Realty Corp during the third quarter worth $238,000.
Kimco Realty Corporation (NYSE:KIM) shares have experienced a recent steady downtrend, causing some concern for shareholders.
Brinker International, Inc. (EAT) has a value of $41.65 per share, noted a price change of -2.55% in last trade session.
US based company, Kimco Realty Corporation (KIM)'s latest closing price distance was -25.21% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at -12.58% and -9.80% compared with the 20 Day Moving Average. Duke Realty Corp has a 12-month low of $22.64 and a 12-month high of $28.99. The company's market cap is $8.19 Billion. Veritable LP holds 0.02% in Duke Realty Corp (NYSE:DRE) or 24,771 shares.
Currently, EPS of Kimco Realty Corporation (KIM) is 0.15 while the analysts predicted the EPS of the stock to be 0.14 suggesting the company fell short of the analysts' expectations.
If you look at the company's income statement over the past years, you will see that the company is constantly posting gross profit: In 2014, KIM earned gross profit of 735.28 Million, in 2015 862.29 Million gross profit, while in 2016 Kimco Realty Corporation (KIM) produced 872.27 Million profit. Kimco Realty Corp had a net margin of 32.40% and a return on equity of 6.88%. The performance for month is -2.14% and the performance for half year is -21.13%. The company reported EPS of $0.37, above the consensus estimate calling for EPS of $0.37 - a positive surprise of 0.00%. Finally, BMO Capital Markets reaffirmed a hold rating and set a $28.00 target price on shares of Duke Realty Corp in a report on Monday, March 20th.
The company is scheduled to announce its next quarterly financial results on 27/07/2017 after the market close. Swiss Natl Bank invested in 0.04% or 957,089 shares. This represents a $0.76 annualized dividend and a dividend yield of 2.70%. The ex-dividend date is Friday, May 12th. Duke Realty Corp's payout ratio is presently 86.36%. Wright Ser reported 0.34% in Duke Realty Corp (NYSE:DRE). If you are accessing this story on another publication, it was illegally copied and reposted in violation of U.S. and global trademark & copyright law. DRE has been the topic of several research analyst reports. Barclays PLC boosted their price target on Duke Realty Corp from $25.00 to $26.00 and gave the stock an "equal weight" rating in a research note on Wednesday, April 19th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have issued a buy rating to the stock. The company has a consensus rating of "Buy" and an average target price of $29.06. Norges Bank bought a new stake in shares of Kimco Realty Corp during the fourth quarter valued at approximately $74,839,000. The company's 5 year Earnings per share growth and Capital Spending growth remains at 28.19 and 4.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. According to Thomson Reuters, sell-side analysts are predicting a consensus target price of $23.25 on company stock. Stocks with high EPS growth rates compared with year-ago levels suggest a company has products or services in strong demand. Delta Asset Mgmt Tn owns 14,872 shares or 0.07% of their United States portfolio.
Kimco Realty Corporation is a self-administered real estate investment trust. The Company and Duke Realty Limited Partnership collectively specialize in the ownership, management and development of bulk distribution (industrial) and medical office real estate. It operates through three divisions, the first two of which consist of the ownership and rental of industrial and medical office real estate investments.