Insider Trading Watch List: Kimco Realty Corporation $KIM

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Kimco Realty Corporation (NYSE:KIM) insider have most recently took part in a trading activity. On Dec 4, 2017 Cooper Milton, Executive Chairman bought 50,000 shares having total worth of $960,000 at the price of $19.2 per share, following the transaction a total of 9,904,329 shares owned by Cooper Milton. Before this latest buy, Cooper Milton purchased KIM at 1 other times during the past twelve months, for a total investment of $120,350 at an average of $24.07 per share.

Furthermore, over the past 12 months , the stock was traded 4 times by insiders. In 1 of these trades, the insider was a seller while an employee of the company was the buyer in 3 instances.

Shares of Kimco Realty Corporation (NYSE:KIM) traded up 3.19% on Dec 4, 2017, hitting $19.09. 7,433,731 shares of the company’s stock traded hands. Kimco Realty Corporation has a 52 week low of $17.3 and a 52 week high of $32.17. The company’s market cap is $12,500 million.

Kimco Realty Corporation (NYSE:KIM) last announced its earnings results on Oct 26, 2017. The company reported 0.00 earnings per share (EPS) for the quarter, lower than the consensus estimate of 0.13 by $0.13., compared to the consensus estimate of $295 million. During the same quarter in the previous year, the company posted 0.38 earnings per share. The company’s revenue for the quarter was down 100% on a year-over-year basis.

2017-10-26 2017-07-26 2017-04-26 2017-02-02 2016-10-27 2016-07-27 2016-04-27 2016-02-02 2015-11-04 2015-07-28
earnings per share 0.00 0.38 0.37 0.38 0.38 0.37 0.37 0.37 0.36 0.37
Revenue(M) 0 292.84 289.39 297.03 285.08 291.49 297.2 300.87 288.38 289.08

Kimco Realty Corp is a Maryland corporation. The Company began operations through its predecessor, The Kimco Corporation, which was organized in 1966 upon the contribution of several shopping center properties owned by its principal stockholders. In 1973, these principals formed the Company as a Delaware corporation, and, in 1985, the operations of The Kimco Corporation were merged into the Company. The Company completed its initial public stock offering in November 1991, and, commencing with its taxable year which began January 1, 1992, elected to qualify as a real estate investment trust. In 1994, the Company reorganized as a Maryland corporation. The Company is a real estate investment trust that owns and operates the largest portfolio of neighborhood and community shopping centers in North America. As of December 31, 2012, the Company had interests in 896 shopping center properties aggregating 131.3 million square feet of gross leasable area (‘GLA’) and 829 other property interests, primarily through the Company’s preferred equity investments, other real estate investments and non-retail properties, totaling 26.6 million square feet of GLA, for a grand total of 1,725 properties aggregating 157.9 million square feet of GLA, located in 44 states, Puerto Rico, Canada, Mexico and South America. The Company’s ownership interests in real estate consist of its consolidated portfolio and in portfolios where the Company owns an economic interest, such as properties in the Company’s investment management programs, where the Company partners with institutional investors and also retains management. In addition, it continues to capitalize on its established expertise in retail real estate by establishing other ventures in which the Company owns a smaller equity interest and provides management, leasing and operational support for those properties. The Company has also provided preferred equity capital in the past to real estate entrepreneurs and, from time to time, provides real estate capital and management services to both healthy and distressed retailers. The Company also makes selective investments in secondary market opportunities where a security or other investment is, in management’s judgment, priced below the value of the underlying assets, however, these investments are subject to volatility within the equity and debt markets.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.