Shares of Kimco Realty Corporation (NYSE:KIM) Sees Large Outflow of Money

Kimco Realty Corporation (NYSE:KIM) traded on a positive note gaining 0.09 points or 0.31% to be valued at $29.56 per share. Intraday, the shares aggregated $0.24 million in upticks but saw an exodus of $0.71 million in downticks. The net money flow was calculated to be $(-0.47) million with the final up/down ratio coming in at 0.34. The share price has seen a change of 0.78% in value during the week. Block trade of up/down ratio of 0 was also registered with $0 million in upticks and $0.62 million in downticks. The net money flow for the block exchange was disappointing at $(-0.62) Million.


The stock has recorded a 20-day Moving Average of 3.26% and the 50-Day Moving Average is 3.6%. The company shares have rallied 26.26% in the past 52 Weeks. On May 10, 2016 The shares registered one year high of $29.97 and one year low was seen on September 4, 2015 at $22.07. The 50-day moving average is $28.7 and the 200 day moving average is recorded at $27.52. S&P 500 has rallied 1.93% during the last 52-weeks.

Kimco Realty Corporation (NYSE:KIM): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $29.45 and $29.38 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $29.77. The buying momentum continued till the end and the stock did not give up its gains. It closed at $29.66, notching a gain of 0.64% for the day. The total traded volume was 1,839,019 . The stock had closed at $29.47 on the previous day.

Currently 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%. On the companys insider trading activities, Flynn Conor C, director officer (President and CEO) of Kimco Realty Corp, unloaded 58,300 shares at an average price of $29.72 on May 9, 2016. The total amount of the transaction was worth $1,732,676, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

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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