Kimco Realty Corporation (NYSE:KIM) has been the focus of several investment moves recently, as shown by an increase in purchases by major financial firms such as
Alliancebernstein L.P., Adage Capital Partners GP L.L.C., and Wellington Management Group LLP. Meanwhile, some entities like
Adelante Capital Management LLC and American Century Companies Inc. have reduced their positions, aiming for diversified portfolio strategies.
Evercore ISI has raised its price target for Kimco Realty to
$23, and is maintaining a
hold rating for the corporation. This comes as Kimco's Q2 2025 earnings call highlighted
strong leasing momentum and strategic moves. Furthermore, the corporation's shares have been rated a '
Moderate Buy' by brokerages, indicating general optimism. Despite this, Kimco's Q3 EPS estimates have been lowered by Zacks Research. Interests have been piqued with Kimco's focus on sustainability, community impact, and the announcement of a
$500 million notes offering due 2036. The corporation continues to thrive in volatile scenarios thanks to its
diversification and resilience. The real estate investment trust has also received credit for its strong dividend value.
Kimco Realty Corp KIM News Analytics from Thu, 26 Oct 2023 07:00:00 GMT to Sat, 13 Sep 2025 23:33:27 GMT -
Rating 7
- Innovation 2
- Information 8
- Rumor -1