Fund management and investment companies have been making significant adjustments to their holdings in Kimco Realty Corporation stock. Companies such as Grace & White Inc. NY, Global Assets Advisory LLC, and 111 Capital have increased their investments, while other firms like OLD National Bancorp IN and NTV Asset Management LLC have reduced their positions. Barclays has maintained a 'Buy' rating on Kimco Realty, raising its target price to $27. This demonstrates the strong fundamentals of Kimco, although the valuation may limit further upside at the moment.
Renewed interest and positive outlook from experts suggest that Kimco Realty may outperform the real estate sector. The companyβs recent credit upgrade signals enduring strength in its grocery-anchored strategy. Earnings call highlights point towards a sustained leasing momentum and Kimcoβs negotiation power within the market. In addition to these developments, several investors have initiated or expanded their stakes in the company, indicating overall confidence in its strategic direction and future potential.
Kimco Realty Corp KIM News Analytics from Sat, 04 May 2024 07:00:00 GMT to Sat, 11 Oct 2025 09:31:47 GMT - Innovation -3 - Information 7 - Rumor -2