Shares of Kimco Realty Corporation (KIM) Sees Large Inflow of Net Money Flow

Kimco Realty Corporation (KIM) : Tuesdays money flow data in Kimco Realty Corporation (KIM) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $4.57 million, whereas, $3.86 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.18, in favor of the bulls. The total money flow into the stock was $0.7 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $1.1 million. The total value of block trades done on upticks was $1.1 million. Kimco Realty Corporation (KIM) fell $0.32 and traded at $31.4, down -1.01% for the day, over previous days close. On a weekly basis, the shares are -0.44% over the previous weeks close.


The company Insiders own 3.2% of Kimco Realty Corporation shares according to the proxy statements. Institutional Investors own 91.76% of Kimco Realty Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -3.68%. In an insider trading activity, The Securities and Exchange Commission has divulged that Flynn Conor C, director officer (President and CEO) of Kimco Realty Corp, had unloaded 58,300 shares at an average price of $29.72 in a transaction dated on May 9, 2016. The total value of the transaction was worth $1,732,676.

Kimco Realty Corporation has dropped 0.98% in the last five trading days, however, the shares have posted positive gains of 8.16% in the last 4 weeks. Kimco Realty Corporation is up 10.57% in the last 3-month period. Year-to-Date the stock performance stands at 20.71%.

Kimco Realty Corporation (NYSE:KIM): On Tuesdays trading session , Opening price of the stock was $31.76 with an intraday high of $31.79. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $31.16. However, the stock managed to close at $31.4, a loss of 1.01% for the day. On the previous day, the stock had closed at $31.72. The total traded volume of the day was 2,351,558 shares.

Kimco Realty Corporation (Kimco) is a self-administered real estate investment trust (REIT), which owns and operates neighborhood and community shopping centers. The Company had interests in approximately 754 shopping center properties, aggregating 109.5 million square feet of gross leasable area (GLA), and 533 other property interests, primarily through the Companys preferred equity investments and other real estate investments, totaling approximately 11.7 million square feet of GLA, for a total of 1,287 properties aggregating 121.2 million square feet of GLA, located in 41 states in the United States and also in Puerto Rico, Canada, Mexico and Chile. The Companys investment strategy is to be the owner and operator of neighborhood and community shopping centers through investments primarily in the United States. The Companys tenants include TJX Companies, The Home Depot, Wal-Mart, Kohls and Bed Bath.

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