The shares of
Kimco Realty Corp. (KIM) have seen fluctuations, outperforming competitors on various trading days, while also underperforming on some occasions. The company has recently reported their Q1 2024 earnings and navigated the market with
strategic acquisitions, appealing to various investment groups including Cohen & Steers Inc., Logan Capital Management Inc., and TD Asset Management Inc., boosting holdings, though it has been also trimmed or sold off by some like Ossiam, State of Tennessee Treasury Department, SEI Investments Co., and Wasatch Advisors LP. The attractive
5% yield has led to increased stock purchases by companies like Waterloo Capital L.P. and Royal London Asset Management Ltd. Appraising Kimco's strategic position, a SWOT analysis indicates the company’s potential as a long-term growth stock. Kimco has recently made headlines with its completion of
RPT Realty Buyout in an all-stock deal besides being engaged in aggressive dispositions. Amid forecasts for high occupancy and low valuation, there is speculation about a potential buy for the dip. Despite recent volatility, its strong fundamentals suggest a potential double-digit upside potential.
Kimco Realty Corp KIM News Analytics from Thu, 15 Apr 2021 07:00:00 GMT to Sun, 16 Jun 2024 10:53:51 GMT -
Rating 4
- Innovation -5
- Information 8
- Rumor -6
