Muzinich has sold out all of its stake in Kimco Realty Corp during the most recent quarter, according to the disclosure filed by the company on Jan 5, 2017 with the SEC. The investment management company has sold out 1,270 shares of Kimco Realty Corp which is valued at $33,109.
Other Hedge Funds, Including , Eqis Capital Management sold out all of its stake in KIM during the most recent quarter. The investment firm sold 13,177 shares of KIM which is valued $343,524.
Kimco Realty Corp. (NYSE: KIM) is a real estate investment trust (REIT) headquartered in New Hyde Park, N.Y., that is North Americas largest publicly traded owner and operator of open-air shopping centers. As of March 31, 2016, the company owned interests in 550 U.S. shopping centers comprising 88 million square feet of leasable space across 36 states and Puerto Rico. 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.
Kimco Realty Corp closed down -0.43 points or -1.68% at $25.14 with 23,94,568 shares getting traded on Tuesday. Post opening the session at $25.53, the shares hit an intraday low of $25.13 and an intraday high of $25.57 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.
On the companys financial health, Kimco Realty Corp reported $0.38 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Oct 27, 2016. Analyst had a consensus of $0.37.Analysts expectations of $ 288.92.During the same quarter in the previous year, the company posted $0.40 EPS.
Many Wall Street Analysts have commented on Kimco Realty Corp. Kimco Realty Corp was Downgraded by Goldman to Sell on Nov 29, 2016. Kimco Realty Corp was Upgraded by Argus to Buy on Nov 25, 2016.
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