DUPONT CAPITAL MANAGEMENT Corp Reduces Stake in Kimco Realty Corporation (KIM)
- Author: Zachary Reyes Jun 21, 2017,
Jun 21, 2017, 1:03
Profund Advisors LLC raised its position in shares of Kimco Realty Corporation (NYSE:KIM) by 0.3% during the first quarter, according to its most recent Form 13F filing with the SEC. COVIELLO PHILIP E JR bought $145,812 worth of stock or 7,500 shares.
Analysts await Kimco Realty Corp (NYSE:KIM) to report earnings on July, 26. Alpha One also gave media stories about the real estate investment trust an impact score of 88 out of 100, indicating that recent news coverage is very likely to have an impact on the company's share price in the near term. Robeco Institutional Asset Management Bv stated it has 228,027 shares or 0.04% of all its holdings. It is without change, as 42 investors sold Kimco Realty Corp shares while 120 reduced holdings. only 48 funds opened positions while 126 raised stakes.
Kimco Realty Corporation's Quick Ratio shows the value of 0. The firm owned 22,393 shares of the real estate investment trust's stock after buying an additional 67 shares during the period. Finally, Mn Services Vermogensbeheer B.V. raised its position in Kimco Realty Corporation by 3.9% in the first quarter. The company's current price-earnings ratio amounts to 38.06 times earnings, above the average P/E ratio of 28.06 times earnings. Utah Retirement invested 0.06% of its portfolio in Kimco Realty Corp (NYSE:KIM). Moreover, Andra Ap has 0.1% invested in Kimco Realty Corp (NYSE:KIM) for 142,800 shares.
Shares of Kimco Realty Corporation (KIM) touched the day high at $18.52 while its day Low was at $17.82. The company's 50 day moving average price is $18.73 and its 200 day moving average price is $22.59.
Kimco Realty Corporation (NYSE:KIM) traded down 1.23% on Tuesday, reaching $17.65.
Earnings per share (EPS) breaks down the profitability of the company on a single share basis, and for Kimco Realty Corporation the EPS stands at 0.15 for the previous quarter, while the analysts predicted the EPS of the stock to be 0.14, suggesting the stock exceeded the analysts' expectations. KIM generated revenue of $308.12 Million in the same quarter, one year ago. During the same quarter in the previous year, the business posted $0.37 earnings per share. They expect $2.43 earnings per share, down 0.41% or $0.01 from last year's $2.44 per share.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 17th. Shares have risen 6.30% over the trailing 6 months. The company's stock has a normal trading capacity of 5.34M shares while the relative volume is 1.73. The ex-dividend date is set for Monday the 3rd of April 2017. The stock has "Hold" rating by Deutsche Bank on Wednesday, August 17.
This table compares National Retail Properties and Kimco Realty Corporation's net margins, return on equity and return on assets. If you are viewing this piece of content on another publication, it was stolen and republished in violation of United States & worldwide trademark & copyright legislation. Reynders Mcveigh Ltd Liability Company, Massachusetts-based fund reported 8,169 shares. The rating was upgraded by Goldman Sachs on Tuesday, June 20 to "Neutral". Shares of Kimco Realty Corporation are now valued at $17.65 with a furture target price of $23.51 according to research brokerages. ValuEngine cut Kimco Realty Corporation from a "buy" rating to a "hold" rating in a report on Friday, June 2nd. With 4.40M avg volume, 3 days are for Kimco Realty Corporation (NYSE:KIM)'s short sellers to cover KIM's short positions. BTIG Research initiated Kimco Realty Corp (NYSE:KIM) on Thursday, August 25 with "Buy" rating. Kimco Realty Corporation now has a consensus rating of "Hold" and an average target price of $28.20.
The difference of 52 week low value as well as 52 week high value and the current price of the stock suggests the next move of the shares. Following the completion of the purchase, the director now directly owns 41,045 shares of the company's stock, valued at approximately $712,951.65. Also, Director Philip E. Coviello, Jr. acquired 7,500 shares of the firm's stock in a transaction on Tuesday, May 9th. Following the transaction, the director now owns 41,045 shares in the company, valued at $797,914.80. The disclosure for this purchase can be found here.
Kimco Realty Corporation, launched on March 25, 1994, is a self-administered real estate investment trust. The Company is engaged in the ownership, management, development and operation of open-air shopping centers, which are anchored generally by discount department stores, grocery stores or drugstores. As of December 31, 2016, the Company had interests in 525 shopping center properties, aggregating 85.4 million square feet of gross leasable area, located in 34 states, Puerto Rico and Canada.