Cleararc Capital INC Has Upped Its Position in Kimco Realty Corp (KIM) as Shares Declined

January 21, 2018 - By Darrin Black

Investors sentiment increased to 1.25 in Q3 2017. Its up 0.06, from 1.19 in 2017Q2. It is positive, as 37 investors sold KIM shares while 107 reduced holdings. 61 funds opened positions while 119 raised stakes. 385.41 million shares or 3.38% more from 372.80 million shares in 2017Q2 were reported. Tiaa Cref Invest Ltd Liability invested 0.01% of its portfolio in Kimco Realty Corporation (NYSE:KIM). Riverhead Mgmt Lc accumulated 20,950 shares. Farmers And Merchants has invested 0% of its portfolio in Kimco Realty Corporation (NYSE:KIM). Schwab Charles Management Inc has 0.07% invested in Kimco Realty Corporation (NYSE:KIM). New Mexico Educational Retirement Board holds 0.09% or 97,998 shares in its portfolio. Raymond James Fincl Service Advisors reported 0% of its portfolio in Kimco Realty Corporation (NYSE:KIM). 53 are held by Burt Wealth Advsr. Pensionfund Dsm Netherlands has 57,731 shares. Creative Planning has 10,591 shares for 0% of their portfolio. Fincl Mgmt Pro Inc holds 0.03% or 4,000 shares in its portfolio. Teacher Retirement Systems Of Texas stated it has 380,532 shares or 0.05% of all its holdings. New York-based Chesapeake Asset Mgmt Ltd Liability Corporation has invested 0.45% in Kimco Realty Corporation (NYSE:KIM). Century owns 0.04% invested in Kimco Realty Corporation (NYSE:KIM) for 2.27M shares. Moreover, Kempen Mgmt Nv has 0.39% invested in Kimco Realty Corporation (NYSE:KIM). Virginia Retirement Systems Et Al has 102,600 shares.

Cleararc Capital Inc increased its stake in Kimco Realty Corp (KIM) by 1752.53% based on its latest 2017Q3 regulatory filing with the SEC. Cleararc Capital Inc bought 182,736 shares as the company’s stock declined 23.76% while stock markets rallied. The institutional investor held 193,163 shares of the real estate investment trusts company at the end of 2017Q3, valued at $3.78 million, up from 10,427 at the end of the previous reported quarter. Cleararc Capital Inc who had been investing in Kimco Realty Corp for a number of months, seems to be bullish on the $6.99 billion market cap company. The stock decreased 0.36% or $0.06 during the last trading session, reaching $16.41. About 4.74M shares traded or 15.00% up from the average. Kimco Realty Corporation (NYSE:KIM) has declined 31.73% since January 21, 2017 and is downtrending. It has underperformed by 48.43% the S&P500.

More recent Kimco Realty Corporation (NYSE:KIM) news were published by: Seekingalpha.com which released: “I Know A REIT That Screens ‘Dirt Cheap’ And Kimco Is Its Name-O” on January 17, 2018. Also Prnewswire.com published the news titled: “Technical Perspectives on GGP Inc., DDR Corp., Kimco Realty, and Weingarten …” on December 27, 2017. Seekingalpha.com‘s news article titled: “High-Yield REIT Showdown: WP Carey Vs. Kimco Realty” with publication date: December 24, 2017 was also an interesting one.

Kimco Realty Corporation (NYSE:KIM) Ratings Coverage

Among 17 analysts covering Kimco Realty (NYSE:KIM), 5 have Buy rating, 0 Sell and 12 Hold. Therefore 29% are positive. Kimco Realty had 43 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Kimco Realty Corporation (NYSE:KIM) has “Hold” rating given on Wednesday, August 17 by Deutsche Bank. The company was upgraded on Tuesday, September 26 by J.P. Morgan. The stock has “Overweight” rating by Barclays Capital on Tuesday, July 19. The firm has “Outperform” rating by Raymond James given on Monday, January 9. The stock has “Hold” rating by Robert W. Baird on Monday, November 27. The stock of Kimco Realty Corporation (NYSE:KIM) earned “Overweight” rating by JP Morgan on Thursday, August 11. RBC Capital Markets maintained it with “Buy” rating and $2600 target in Wednesday, July 26 report. The rating was downgraded by JP Morgan to “Neutral” on Friday, December 16. Evercore maintained Kimco Realty Corporation (NYSE:KIM) rating on Tuesday, September 8. Evercore has “Hold” rating and $25 target. The stock of Kimco Realty Corporation (NYSE:KIM) has “Neutral” rating given on Monday, August 14 by Citigroup.

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