Boston Partners has trimmed their position in Kimco Realty Corp, while Envestnet Portfolio Solutions Inc. and Vestcor Inc have done likewise. Generali Asset Management SPA SGR and Generali Investments CEE investicni spolecnost a.s. countered the trend by acquiring a notable amount of shares in the company. Amid all scenarios, Kimco announced a special cash dividend. However, the company's stock took a hit which incited multiple analysts to revisit their positioning on the stock. The company's expansion in Florida with the acquisition of The Markets at Town Center poses growth prospects, alongside a robust dividend value being maintained. Remarkably, Kimco Realty presented a strong financial performance in the Q4 2024 Earnings Call despite Citigroup lowering expectations. The sustainability challenges Kimco faces shouldn't be overlooked, but the company delivered strong 2024 financial results. New board leadership comes in hand as the founder, Milton Cooper is set to retire. A considerable growth in stock price has also been observed over the last six months.
Kimco Realty Corp KIM News Analytics from Thu, 15 Apr 2021 07:00:00 GMT to Sat, 22 Mar 2025 09:01:30 GMT -
Rating 3
- Innovation 1
- Information 6
- Rumor -5
