M Holdings Securities Inc. Has $427,000 Holdings in Kimco Realty Corporation (KIM)

M Holdings Securities Inc. raised its position in Kimco Realty Corporation (NYSE:KIM) by 74.8% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 23,250 shares of the real estate investment trust’s stock after buying an additional 9,950 shares during the period. M Holdings Securities Inc.’s holdings in Kimco Realty Corporation were worth $427,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the business. Lord Abbett & CO. LLC increased its stake in Kimco Realty Corporation by 1.7% in the 2nd quarter. Lord Abbett & CO. LLC now owns 417,000 shares of the real estate investment trust’s stock valued at $7,652,000 after buying an additional 6,800 shares during the last quarter. Phocas Financial Corp. increased its stake in Kimco Realty Corporation by 4.3% in the 2nd quarter. Phocas Financial Corp. now owns 13,999 shares of the real estate investment trust’s stock valued at $257,000 after buying an additional 575 shares during the last quarter. Sentry Investment Management LLC increased its stake in Kimco Realty Corporation by 1.1% in the 2nd quarter. Sentry Investment Management LLC now owns 32,994 shares of the real estate investment trust’s stock valued at $605,000 after buying an additional 345 shares during the last quarter. Toronto Dominion Bank increased its stake in Kimco Realty Corporation by 25.6% in the 2nd quarter. Toronto Dominion Bank now owns 144,197 shares of the real estate investment trust’s stock valued at $2,645,000 after buying an additional 29,346 shares during the last quarter. Finally, Afam Capital Inc. purchased a new stake in Kimco Realty Corporation in the 2nd quarter valued at about $1,783,000. Hedge funds and other institutional investors own 88.65% of the company’s stock.

Kimco Realty Corporation (NYSE KIM) traded down 1.10% on Friday, reaching $18.86. 586,369 shares of the company traded hands. The stock’s 50-day moving average is $19.62 and its 200-day moving average is $19.58. The stock has a market capitalization of $8.03 billion, a price-to-earnings ratio of 38.41 and a beta of 0.67. Kimco Realty Corporation has a 1-year low of $17.02 and a 1-year high of $28.38.

Kimco Realty Corporation (NYSE:KIM) last released its quarterly earnings data on Wednesday, July 26th. The real estate investment trust reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.07). Kimco Realty Corporation had a net margin of 21.77% and a return on equity of 4.68%. The company had revenue of $292.84 million for the quarter, compared to analysts’ expectations of $290.95 million. During the same period in the previous year, the firm earned $0.37 earnings per share. The firm’s revenue for the quarter was up 2.0% on a year-over-year basis. Equities research analysts expect that Kimco Realty Corporation will post $0.70 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, October 16th. Stockholders of record on Wednesday, October 4th were issued a dividend of $0.27 per share. The ex-dividend date of this dividend was Tuesday, October 3rd. This represents a $1.08 annualized dividend and a dividend yield of 5.66%. Kimco Realty Corporation’s payout ratio is 220.41%.

ILLEGAL ACTIVITY NOTICE: This article was first reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this article on another domain, it was illegally stolen and reposted in violation of U.S. & international trademark and copyright legislation. The original version of this article can be accessed at https://ledgergazette.com/2017/10/20/m-holdings-securities-inc-has-427000-holdings-in-kimco-realty-corporation-kim.html.

Several research firms have commented on KIM. Mizuho reiterated a “hold” rating and issued a $19.00 price objective on shares of Kimco Realty Corporation in a research note on Monday, October 9th. J P Morgan Chase & Co upgraded shares of Kimco Realty Corporation from a “neutral” rating to an “overweight” rating and set a $24.00 price objective for the company in a research note on Tuesday, September 26th. BMO Capital Markets began coverage on shares of Kimco Realty Corporation in a research note on Monday, September 11th. They issued a “market perform” rating and a $21.00 price objective for the company. Argus downgraded shares of Kimco Realty Corporation from a “buy” rating to a “hold” rating in a research report on Monday, August 28th. They noted that the move was a valuation call. Finally, BidaskClub downgraded shares of Kimco Realty Corporation from a “buy” rating to a “hold” rating in a research report on Friday, August 18th. Ten research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the s

A number of other large investors have also recently bought and sold shares of the business. Lord Abbett & CO. LLC increased its stake in Kimco Realty Corporation by 1.7% in the 2nd quarter. Lord Abbett & CO. LLC now owns 417,000 shares of the real estate investment trust’s stock valued at $7,652,000 after buying an additional 6,800 shares during the last quarter. Phocas Financial Corp. increased its stake in Kimco Realty Corporation by 4.3% in the 2nd quarter. Phocas Financial Corp. now owns 13,999 shares of the real estate investment trust’s stock valued at $257,000 after buying an additional 575 shares during the last quarter. Sentry Investment Management LLC increased its stake in Kimco Realty Corporation by 1.1% in the 2nd quarter. Sentry Investment Management LLC now owns 32,994 shares of the real estate investment trust’s stock valued at $605,000 after buying an additional 345 shares during the last quarter. Toronto Dominion Bank increased its stake in Kimco Realty Corporation by 25.6% in the 2nd quarter. Toronto Dominion Bank now owns 144,197 shares of the real estate investment trust’s stock valued at $2,645,000 after buying an additional 29,346 shares during the last quarter. Finally, Afam Capital Inc. purchased a new stake in Kimco Realty Corporation in the 2nd quarter valued at about $1,783,000. Hedge funds and other institutional investors own 88.65% of the company’s stock.

Kimco Realty Corporation (NYSE KIM) traded down 1.10% on Friday, reaching $18.86. 586,369 shares of the company traded hands. The stock’s 50-day moving average is $19.62 and its 200-day moving average is $19.58. The stock has a market capitalization of $8.03 billion, a price-to-earnings ratio of 38.41 and a beta of 0.67. Kimco Realty Corporation has a 1-year low of $17.02 and a 1-year high of $28.38.

Kimco Realty Corporation (NYSE:KIM) last released its quarterly earnings data on Wednesday, July 26th. The real estate investment trust reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.07). Kimco Realty Corporation had a net margin of 21.77% and a return on equity of 4.68%. The company had revenue of $292.84 million for the quarter, compared to analysts’ expectations of $290.95 million. During the same period in the previous year, the firm earned $0.37 earnings per share. The firm’s revenue for the quarter was up 2.0% on a year-over-year basis. Equities research analysts expect that Kimco Realty Corporation will post $0.70 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, October 16th. Stockholders of record on Wednesday, October 4th were issued a dividend of $0.27 per share. The ex-dividend date of this dividend was Tuesday, October 3rd. This represents a $1.08 annualized dividend and a dividend yield of 5.66%. Kimco Realty Corporation’s payout ratio is 220.41%.

ILLEGAL ACTIVITY NOTICE: This article was first reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this article on another domain, it was illegally stolen and reposted in violation of U.S. & international trademark and copyright legislation. The original version of this article can be accessed at https://ledgergazette.com/2017/10/20/m-holdings-securities-inc-has-427000-holdings-in-kimco-realty-corporation-kim.html.

Several research firms have commented on KIM. Mizuho reiterated a “hold” rating and issued a $19.00 price objective on shares of Kimco Realty Corporation in a research note on Monday, October 9th. J P Morgan Chase & Co upgraded shares of Kimco Realty Corporation from a “neutral” rating to an “overweight” rating and set a $24.00 price objective for the company in a research note on Tuesday, September 26th. BMO Capital Markets began coverage on shares of Kimco Realty Corporation in a research note on Monday, September 11th. They issued a “market perform” rating and a $21.00 price objective for the company. Argus downgraded shares of Kimco Realty Corporation from a “buy” rating to a “hold” rating in a research report on Monday, August 28th. They noted that the move was a valuation call. Finally, BidaskClub downgraded shares of Kimco Realty Corporation from a “buy” rating to a “hold” rating in a research report on Friday, August 18th. Ten research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $24.43.

Kimco Realty Corporation Company Profile

Kimco Realty Corporation 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 June 30, 2017, the Company had interests in 510 shopping center properties, including 84 million square feet of gross leasable area (GLA), located in 32 states, Puerto Rico and Canada.

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Institutional Ownership by Quarter for Kimco Realty Corporation (NYSE:KIM)

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