ING Groep NV has significantly reduced its stake in Kimco Realty Corporation (NYSE:KIM) by 97.3% in the third quarter, selling 404,638 shares and retaining 11,076 shares valued at $242,000. This divestment comes as institutional investors collectively own 89.25% of Kimco Realty’s stock. The article also provides a summary of recent news impacting Kimco, including positive Q4 results, strong occupancy rates, planned asset dispositions, a quarterly dividend of $0.26, and mixed analyst ratings with a “Moderate Buy” consensus.
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ING Groep NV Sells 404,638 Shares of Kimco Realty Corporation $KIM
ING Groep NV has significantly reduced its stake in Kimco Realty Corporation (NYSE:KIM) by 97.3% in the third quarter, selling 404,638 shares and retaining 11,076 shares valued at $242,000. This divestment comes as institutional investors collectively own 89.25% of Kimco Realty’s stock. The article also provides a summary of recent news impacting Kimco, including positive Q4 results, strong occupancy rates, planned asset dispositions, a quarterly dividend of $0.26, and mixed analyst ratings with a “Moderate Buy” consensus.