Private Asset Management increased its stake in shares of Kimco Realty Corp (NYSE:KIM) by 9.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 11,138 shares of the real estate investment trust’s stock after buying an additional 928 shares during the period. Private Asset Management’s holdings in Kimco Realty Corp were worth $295,000 as of its most recent SEC filing.

Separately, Assetmark bought a new position in shares of Kimco Realty Corp during the third quarter valued at about $0.

Kimco Realty Corp (NYSE:KIM) traded up 2.10% during midday trading on Tuesday, hitting $26.74. 3,155,022 shares of the stock were exchanged. The firm’s 50 day moving average price is $25.94 and its 200 day moving average price is $25.20. The company has a market cap of $11.05 billion and a PE ratio of 21.69. Kimco Realty Corp has a 12 month low of $22.07 and a 12 month high of $28.54.

Kimco Realty Corp (NYSE:KIM) last announced its quarterly earnings data on Wednesday, November 4th. The real estate investment trust reported $0.36 earnings per share for the quarter, missing analysts’ consensus estimates of $0.37 by $0.01. The company had revenue of $288.32 million for the quarter, compared to the consensus estimate of $286.40 million. During the same period last year, the firm earned $0.39 EPS. Kimco Realty Corp’s quarterly revenue was up 13.0% compared to the same quarter last year. On average, equities research analysts forecast that Kimco Realty Corp will post $1.56 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 15th. Investors of record on Monday, January 4th were issued a dividend of $0.255 per share. This is a positive change from Kimco Realty Corp’s previous quarterly dividend of $0.24. The ex-dividend date of this dividend was Wednesday, December 30th. This represents a $1.02 dividend on an annualized basis and a yield of 3.81%.

Several brokerages recently issued reports on KIM. Vetr cut shares of Kimco Realty Corp from a “strong-buy” rating to a “buy” rating and set a $29.38 price target on the stock. in a research report on Monday. Canaccord Genuity restated a “buy” rating and issued a $29.00 price objective on shares of Kimco Realty Corp in a report on Friday, December 11th. Deutsche Bank restated a “hold” rating on shares of Kimco Realty Corp in a report on Tuesday, December 15th. Barclays upped their price objective on shares of Kimco Realty Corp from $29.00 to $30.00 and gave the stock an “overweight” rating in a report on Tuesday, October 20th. Finally, Argus upgraded shares of Kimco Realty Corp from a “hold” rating to a “buy” rating and set a $29.00 price objective on the stock in a report on Wednesday, December 16th. Five equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Kimco Realty Corp presently has an average rating of “Buy” and a consensus price target of $27.62.

Kimco Realty Corp. (NYSE:KIM) is a real estate investment trust (REIT) headquartered in New Hyde Park, N.Y., that is North America’s largest publicly-traded owner and operator of open-air shopping centers. As of September 30, 2015, the company owned interests in 710 shopping centers comprising 105 million square feet of leasable space across 39 states, Puerto Rico, and Canada. Publicly traded on the NYSE since 1991, and included in the S&P 500 Index, the company has specialized in shopping center acquisitions, development and management for more than 50 years. The Company’s investment strategy is to be the owner and operator of neighborhood and community shopping centers through investments primarily in the United States. The Company’s tenants include TJX Companies, The Home Depot, Wal-Mart, Kohl’s and Bed Bath.

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