BMO Capital Now Covering Kimco Realty (NYSE:KIM) With $21.0 Target

September 17, 2017 - By Linda Rogers

 BMO Capital Now Covering Kimco Realty (NYSE:KIM) With $21.0 Target

Investors sentiment is 1.07 in 2016 Q4. Its the same as in 2016Q3. It is flat, as 42 investors sold Kimco Realty Corp shares while 120 reduced holdings. only 48 funds opened positions while 126 raised stakes. 382.87 million shares or 0.42% more from 381.28 million shares in 2016Q3 were reported.

Barclays Public Limited Company invested 0.02% in Kimco Realty Corp (NYSE:KIM). Driehaus Capital Ltd Liability Com has invested 0.01% in Kimco Realty Corp (NYSE:KIM). Hightower Advsrs Lc reported 214,230 shares. Ing Groep Nv, a Netherlands-based fund reported 24,485 shares. Toronto Dominion Savings Bank reported 73,250 shares. Gsa Capital Ltd Liability Partnership, United Kingdom-based fund reported 23,666 shares. Verition Fund Mngmt Limited Liability holds 0.09% in Kimco Realty Corp (NYSE:KIM) or 39,337 shares. Bessemer Gp holds 700 shares. Dupont Management has invested 0.01% in Kimco Realty Corp (NYSE:KIM). American Incorporated accumulated 0.01% or 143,547 shares. Rothschild Asset Mngmt holds 0.25% or 768,914 shares. Fifth Third Bank holds 0% of its portfolio in Kimco Realty Corp (NYSE:KIM) for 1,121 shares. Cbre Clarion Limited Liability Corp invested 3.66% in Kimco Realty Corp (NYSE:KIM). First Trust L P holds 323,209 shares. Strs Ohio has invested 0.08% in Kimco Realty Corp (NYSE:KIM).

Since May 8, 2017, it had 2 insider purchases, and 0 selling transactions for $493,242 activity.

Why Has BMO Capital Given Kimco Realty (NYSE:KIM) a $21.0 Price Target

In a research report issued to clients and investors today, BMO Capital analysts started Kimco Realty (NYSE:KIM) coverage with Hold rating, and a $21.0 TP.

Investors sentiment is 1.07 in 2016 Q4. Its the same as in 2016Q3. It is flat, as 42 investors sold Kimco Realty Corp shares while 120 reduced holdings. only 48 funds opened positions while 126 raised stakes. 382.87 million shares or 0.42% more from 381.28 million shares in 2016Q3 were reported.

Barclays Public Limited Company invested 0.02% in Kimco Realty Corp (NYSE:KIM). Driehaus Capital Ltd Liability Com has invested 0.01% in Kimco Realty Corp (NYSE:KIM). Hightower Advsrs Lc reported 214,230 shares. Ing Groep Nv, a Netherlands-based fund reported 24,485 shares. Toronto Dominion Savings Bank reported 73,250 shares. Gsa Capital Ltd Liability Partnership, United Kingdom-based fund reported 23,666 shares. Verition Fund Mngmt Limited Liability holds 0.09% in Kimco Realty Corp (NYSE:KIM) or 39,337 shares. Bessemer Gp holds 700 shares. Dupont Management has invested 0.01% in Kimco Realty Corp (NYSE:KIM). American Incorporated accumulated 0.01% or 143,547 shares. Rothschild Asset Mngmt holds 0.25% or 768,914 shares. Fifth Third Bank holds 0% of its portfolio in Kimco Realty Corp (NYSE:KIM) for 1,121 shares. Cbre Clarion Limited Liability Corp invested 3.66% in Kimco Realty Corp (NYSE:KIM). First Trust L P holds 323,209 shares. Strs Ohio has invested 0.08% in Kimco Realty Corp (NYSE:KIM).

Since May 8, 2017, it had 2 insider purchases, and 0 selling transactions for $493,242 activity.

Kimco Realty Corp (NYSE:KIM) Ratings Coverage

Among 14 analysts covering Kimco Realty (NYSE:KIM), 6 have Buy rating, 0 Sell and 8 Hold. Therefore 43% are positive. Kimco Realty has $34 highest and $21.0 lowest target. $26.91’s average target is 30.95% above currents $20.55 stock price. Kimco Realty had 35 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Kimco Realty Corp (NYSE:KIM) has “Hold” rating given on Tuesday, September 8 by Evercore. The rating was maintained by Barclays Capital on Tuesday, December 15 with “Overweight”. Deutsche Bank maintained it with “Hold” rating and $28 target in Wednesday, August 17 report. As per Thursday, August 25, the company rating was initiated by BTIG Research. The firm has “Neutral” rating by Citigroup given on Monday, August 14. The firm has “Hold” rating by Boenning & Scattergood given on Friday, August 18. The firm earned “Sell” rating on Tuesday, November 29 by Goldman Sachs. The rating was initiated by BMO Capital Markets with “Hold” on Monday, September 11. The firm has “Buy” rating by Argus Research given on Friday, November 25. The stock has “Buy” rating by Canaccord Genuity on Wednesday, July 22.

The stock increased 0.24% or $0.05 on September 15, reaching $20.55. About 6.46M shares traded or 82.49% up from the average. Kimco Realty Corp (NYSE:KIM) has declined 31.73% since September 17, 2016 and is downtrending. It has underperformed by 48.43% the S&P500.

Analysts expect Kimco Realty Corp (NYSE:KIM) to report $0.38 EPS on October, 25 after the close.They anticipate $0.00 EPS change or 0.00 % from last quarter’s $0.38 EPS. KIM’s profit would be $161.80M giving it 13.52 P/E if the $0.38 EPS is correct. After having $0.38 EPS previously, Kimco Realty Corp’s analysts see 0.00 % EPS growth.

Kimco Realty Corporation is a self-administered real estate investment trust. The company has market cap of $8.75 billion. The Firm is engaged in the ownership, management, development and operation of open-air shopping centers, which are anchored generally by discount department stores, grocery stores or drugstores. It has a 53.32 P/E ratio. As of June 30, 2017, the Company had interests in 510 shopping center properties, including 84 million square feet of gross leasable area , located in 32 states, Puerto Rico and Canada.

More notable recent Kimco Realty Corp (NYSE:KIM) news were published by: Seekingalpha.com which released: “Kimco Realty’s (KIM) CEO Conor Flynn Presents at Bank of America Merrill Lynch …” on September 14, 2017, also Businesswire.com with their article: “Kimco Realty Corporation to Present at Bank of America Merrill Lynch Global …” published on September 11, 2017, Benzinga.com published: “Kimco Realty An Unusual Victim Of Retail Woes; Shares Downgraded” on August 28, 2017. More interesting news about Kimco Realty Corp (NYSE:KIM) were released by: Businesswire.com and their article: “Kimco Realty Remains Sole Retail Owner Named to Dow Jones Sustainability North …” published on September 12, 2017 as well as Nasdaq.com‘s news article titled: “Kimco Realty Named Top Dividend Stock With Insider Buying and 5.36% Yield (KIM)” with publication date: September 11, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.



Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: