**Kimco Realty Corp**. (KIM) **stock** has seen its performance compared less favorably to competitors despite regular gains. However, increased stake by **Nicola Wealth Management LTD** and the upsizing of its term loan facility to $500 Million indicates major investors' confidence in the company. Although stock has been underperforming on some days, it has also managed to outperform competitors on others resulting in an overall rise of 17.2% and 18.5% subsequently over 3 months. Notably, **Bank of New York Mellon Corp** and **Sumitomo Mitsui Trust Holdings Inc.** have increased their holdings in the company. Despite occasional negative overtones linked to insider sales and a perceived lack of positive catalysts, Kimco’s stock performance is lauded. Recently, Kimco has undertaken some key transactions including the successful completion of a former RPT Realty Buyout in an all-stock deal and the merging with Weingarten Realty Investors. Further, Kimco is experiencing upside potential due to its advantageous demand and supply scenario. This, along with its strategic acquisitions and robust dividend yield, has piqued the interest of REIT analysts.
Kimco Realty Corp KIM News Analytics from Mon, 03 Jan 2005 08:00:00 GMT to Sun, 01 Sep 2024 14:44:52 GMT -
Rating 5
- Innovation 2
- Information 8
- Rumor 6
