Kimco Realty Corp (KIM) has experienced a noteworthy drop in
short interest recently. This is coupled with its shares crossing the
4% yield mark and outperforming its competitors despite a dip on the day of this report. Company COO David Jamieson sold 50,000 shares, a notable insider transaction. Meanwhile, Kimco has earned an
‘A-’ credit rating from Fitch, demonstrating financial stability. The company has also undergone various stock transactions, including shares being sold by Hsbc Holdings PLC, and shares being purchased by Massachusetts Financial Services Co. MA and Canada Pension Plan Investment Board. Moreover,
KIM stock has surged 17.2% in three months. Kimco Realty received an upgrade in their rating outlook to ‘positive’ by S&P. The company has also been the subject of key presentations and conferences. A notable highlight is Kimco’s strategic borrower, with an increasing number of shares and a bold strategy, leading to a strong
dividend yield of 4.2%. The stock also hit a new 1-year high on a recent analyst upgrade, reflecting a positive market sentiment. Despite these positives, analysts caution about a lack of new catalysts poised to steer the company’s stock price.
Kimco Realty Corp KIM News Analytics from Wed, 19 Jun 2013 07:00:00 GMT to Sun, 22 Sep 2024 02:07:04 GMT -
Rating 7
- Innovation 2
- Information 9
- Rumor 2
