In recent updates, the California State Teachers Retirement System reduced its stake in Kimco Realty Corp by selling 76,101 shares. However, multiple investment corporations including Toronto Dominion Bank, Tidal Investments, and GF Fund Management have increased their holdings in the real estate investment trust.
In terms of share performance, Kimco's stock was downgraded to 'Sell' by Wall Street Zen, although Zacks Research uplifted their FY2025 earnings per share forecast for the company. Meanwhile, Kimco Realty set to share their strategic vision at the notable REITweek 2025 Conference. Additionally, Kimco Realty expansion into Florida with the acquisition of The Markets at Town Center has been announced.
In the last earnings call, Kimco displayed a firm financial performance. Moreover, Q1 outcomes showed strong leasing activities, driving positive sentiments for the company's stock. However, Piper Sandler revised the company's price target downwards.
Kimco Realty Corp KIM News Analytics from Mon, 06 Jul 2020 07:00:00 GMT to Sat, 31 May 2025 09:24:22 GMT - Rating 7 - Innovation 1 - Information 8 - Rumor 5
