Kimco Realty (NYSE:KIM) Now Covered by Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft began coverage on shares of Kimco Realty (NYSE:KIMFree Report) in a report released on Tuesday morning, Briefing.com reports. The firm issued a hold rating and a $23.00 target price on the real estate investment trust’s stock.

Several other research analysts have also recently weighed in on KIM. Piper Sandler lifted their price target on Kimco Realty from $24.00 to $26.00 and gave the company an overweight rating in a research report on Wednesday, December 20th. Mizuho lifted their price target on Kimco Realty from $20.00 to $22.00 and gave the company a buy rating in a research report on Wednesday, January 10th. StockNews.com began coverage on Kimco Realty in a research report on Thursday, October 5th. They set a hold rating for the company. Truist Financial reduced their price target on Kimco Realty from $22.00 to $20.00 and set a hold rating for the company in a research report on Tuesday, October 17th. Finally, Stifel Nicolaus boosted their price objective on Kimco Realty from $20.50 to $21.75 and gave the company a buy rating in a research report on Wednesday, November 29th. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of Hold and an average target price of $22.18.

Read Our Latest Stock Report on KIM

Kimco Realty Stock Down 0.3 %

Shares of KIM stock opened at $20.47 on Tuesday. The stock has a 50 day moving average of $20.64 and a 200 day moving average of $19.31. The company has a current ratio of 2.72, a quick ratio of 2.72 and a debt-to-equity ratio of 0.73. The stock has a market cap of $12.69 billion, a P/E ratio of 28.83, a P/E/G ratio of 2.66 and a beta of 1.49. Kimco Realty has a twelve month low of $16.34 and a twelve month high of $23.27.

Institutional Trading of Kimco Realty

A number of institutional investors have recently made changes to their positions in the company. Advisor Partners II LLC boosted its stake in shares of Kimco Realty by 1.9% in the fourth quarter. Advisor Partners II LLC now owns 26,152 shares of the real estate investment trust’s stock worth $554,000 after acquiring an additional 495 shares during the last quarter. Cascade Investment Advisors Inc. boosted its stake in Kimco Realty by 0.9% during the second quarter. Cascade Investment Advisors Inc. now owns 54,380 shares of the real estate investment trust’s stock worth $1,072,000 after buying an additional 500 shares during the last quarter. Checchi Capital Advisers LLC boosted its stake in Kimco Realty by 3.1% during the second quarter. Checchi Capital Advisers LLC now owns 16,648 shares of the real estate investment trust’s stock worth $328,000 after buying an additional 507 shares during the last quarter. Joel Isaacson & Co. LLC boosted its stake in Kimco Realty by 4.3% during the second quarter. Joel Isaacson & Co. LLC now owns 13,681 shares of the real estate investment trust’s stock worth $270,000 after buying an additional 564 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund boosted its stake in Kimco Realty by 1.2% during the second quarter. Oregon Public Employees Retirement Fund now owns 48,285 shares of the real estate investment trust’s stock worth $952,000 after buying an additional 573 shares during the last quarter. 90.42% of the stock is owned by institutional investors and hedge funds.

About Kimco Realty

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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.

Further Reading

Analyst Recommendations for Kimco Realty (NYSE:KIM)

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