Thor Inds (THO) Position Maintained by 12Th Street Asset Management Company Llc; As Kimco Realty Corp. (KIM) Stock Value Declined, Holder Cbre Clarion Securities Trimmed Position by $170.78 Million

April 17, 2018 - By Darrin Black

Kimco Realty Corporation (NYSE:KIM) Logo

Cbre Clarion Securities Llc decreased its stake in Kimco Realty Corp. (KIM) by 75.04% based on its latest 2017Q4 regulatory filing with the SEC. Cbre Clarion Securities Llc sold 9.49 million shares as the company’s stock declined 21.59% with the market. The institutional investor held 3.16M shares of the real estate investment trusts company at the end of 2017Q4, valued at $57.28M, down from 12.64M at the end of the previous reported quarter. Cbre Clarion Securities Llc who had been investing in Kimco Realty Corp. for a number of months, seems to be less bullish one the $5.95B market cap company. The stock increased 0.18% or $0.025 during the last trading session, reaching $13.975. About 3.83 million shares traded. Kimco Realty Corporation (NYSE:KIM) has declined 35.77% since April 17, 2017 and is downtrending. It has underperformed by 47.32% the S&P500.

12Th Street Asset Management Company Llc increased its stake in Thor Inds Inc (THO) by 1.4% based on its latest 2017Q4 regulatory filing with the SEC. 12Th Street Asset Management Company Llc bought 2,975 shares as the company’s stock declined 25.88% with the market. The institutional investor held 215,060 shares of the consumer non-durables company at the end of 2017Q4, valued at $32.41 million, up from 212,085 at the end of the previous reported quarter. 12Th Street Asset Management Company Llc who had been investing in Thor Inds Inc for a number of months, seems to be bullish on the $5.53 billion market cap company. The stock decreased 0.03% or $0.03 during the last trading session, reaching $104.85. About 449,949 shares traded. Thor Industries, Inc. (NYSE:THO) has risen 15.62% since April 17, 2017 and is uptrending. It has outperformed by 4.07% the S&P500.

Cbre Clarion Securities Llc, which manages about $22.77B and $8.72 billion US Long portfolio, upped its stake in Pattern Energy Group Inc. (NASDAQ:PEGI) by 63,200 shares to 98,400 shares, valued at $2.12M in 2017Q4, according to the filing. It also increased its holding in Atmos Energy Corp. (NYSE:ATO) by 16,952 shares in the quarter, for a total of 33,752 shares, and has risen its stake in Cheniere Energy Inc. (NYSEMKT:LNG).

Since February 27, 2018, it had 1 insider purchase, and 1 insider sale for $181,920 activity. 15,500 shares were bought by COVIELLO PHILIP E JR, worth $233,608 on Tuesday, February 27.

Investors sentiment decreased to 1.1 in 2017 Q4. Its down 0.15, from 1.25 in 2017Q3. It is negative, as 32 investors sold KIM shares while 125 reduced holdings. 59 funds opened positions while 113 raised stakes. 373.17 million shares or 3.17% less from 385.41 million shares in 2017Q3 were reported. Synovus Financial stated it has 0.01% in Kimco Realty Corporation (NYSE:KIM). Sumitomo Mitsui owns 1.51M shares. Sei Invs invested 0.02% of its portfolio in Kimco Realty Corporation (NYSE:KIM). First Allied Advisory Service reported 13,775 shares. Denali Advsr accumulated 59,000 shares. 609,179 were accumulated by Tcw Grp Inc Inc. Wealthfront invested in 0.02% or 111,532 shares. Advantus Cap Mgmt has 762,706 shares for 0.34% of their portfolio. Umb Bank & Trust N A Mo invested 0.02% in Kimco Realty Corporation (NYSE:KIM). Bb&T Limited Com holds 0.01% or 40,499 shares in its portfolio. Glob X Mngmt Co Limited Liability Co holds 0% or 10,944 shares in its portfolio. Loring Wolcott Coolidge Fiduciary Llp Ma invested in 0% or 4,325 shares. Shell Asset Management holds 0.04% or 124,446 shares in its portfolio. New York-based Solaris Asset Mgmt Limited Liability Company has invested 0.08% in Kimco Realty Corporation (NYSE:KIM). Daiwa Secs Gp has invested 0.01% in Kimco Realty Corporation (NYSE:KIM).

Analysts await Kimco Realty Corporation (NYSE:KIM) to report earnings on April, 26 before the open. They expect $0.36 EPS, down 2.70% or $0.01 from last year’s $0.37 per share. KIM’s profit will be $153.30 million for 9.70 P/E if the $0.36 EPS becomes a reality. After $0.38 actual EPS reported by Kimco Realty Corporation for the previous quarter, Wall Street now forecasts -5.26% negative EPS growth.

Among 21 analysts covering Kimco Realty (NYSE:KIM), 5 have Buy rating, 2 Sell and 14 Hold. Therefore 24% are positive. Kimco Realty had 55 analyst reports since July 22, 2015 according to SRatingsIntel. The company was downgraded on Tuesday, March 27 by Morgan Stanley. As per Monday, September 11, the company rating was initiated by BMO Capital Markets. JP Morgan downgraded Kimco Realty Corporation (NYSE:KIM) on Friday, December 15 to “Neutral” rating. The stock of Kimco Realty Corporation (NYSE:KIM) has “In-Line” rating given on Monday, August 14 by Evercore. Mizuho maintained the shares of KIM in report on Monday, December 18 with “Hold” rating. The stock has “Buy” rating by RBC Capital Markets on Wednesday, July 26. The stock has “Outperform” rating by Robert W. Baird on Monday, March 13. The company was maintained on Friday, February 2 by Sandler O’Neill. The stock of Kimco Realty Corporation (NYSE:KIM) has “Buy” rating given on Wednesday, July 22 by Canaccord Genuity. The firm has “Hold” rating by Stifel Nicolaus given on Friday, December 1.

Investors sentiment increased to 1.16 in Q4 2017. Its up 0.10, from 1.06 in 2017Q3. It improved, as 25 investors sold THO shares while 160 reduced holdings. 90 funds opened positions while 125 raised stakes. 43.13 million shares or 4.21% less from 45.03 million shares in 2017Q3 were reported. Mason Street Advsr Ltd Company owns 0.08% invested in Thor Industries, Inc. (NYSE:THO) for 24,143 shares. Philadelphia Company accumulated 3,220 shares or 0.04% of the stock. Bbva Compass Bancshares has invested 0.14% in Thor Industries, Inc. (NYSE:THO). First Advsrs Limited Partnership holds 0.03% or 85,713 shares. South Dakota Council reported 7,700 shares. Swiss Comml Bank invested 0.01% of its portfolio in Thor Industries, Inc. (NYSE:THO). Dimensional Fund Lp, Texas-based fund reported 643,844 shares. Parametric Associates Llc invested in 0.02% or 152,199 shares. Bnp Paribas Arbitrage stated it has 0.01% of its portfolio in Thor Industries, Inc. (NYSE:THO). Wellington Shields Management Ltd Company reported 5,600 shares stake. Copeland Capital Ltd Liability Corp holds 171,355 shares or 1.64% of its portfolio. Bluestein R H & Communications reported 0.05% stake. Ubs Asset Mngmt Americas Incorporated stated it has 0.01% of its portfolio in Thor Industries, Inc. (NYSE:THO). Hgk Asset Mngmt Inc owns 7,088 shares or 0.15% of their US portfolio. Intrust Bankshares Na reported 12,750 shares stake.

Kimco Realty Corporation (NYSE:KIM) Institutional Positions Chart

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

By

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:


>