The shares of Kimco Realty Corporation (NYSE:KIM) has been pegged with a rating of In-line by Evercore ISI in its latest research note that was published on November 15th, 2018. Evercore ISI wasn’t the only research firm that published a report of Kimco Realty Corporation, with other equities research analysts also giving their opinion on the stock. JP Morgan advised investors in its research note published on June 15th, 2018, to Overweight the KIM stock. The stock had earned Equal-Weight rating from Morgan Stanley when it published its report on March 27th, 2018. The stock was given Underperform rating by Evercore ISI in its report released on March 5th, 2018. BofA/Merrill was of a view that KIM is Neutral in its latest report on February 16th, 2018. JP Morgan thinks that KIM is worth Neutral rating. This was contained in the firm’s report on December 15th, 2017.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 12 believe it has the potential for further growth, thus rating it as Hold while 1 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $17.15. The price of the stock the last time has raised by 20.59% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 56.06.
The shares of the company added by 0.44% during the trading session on Friday, reaching a low of $15.69 while ending the day at $15.87. During the trading session, a total of 3.09 million shares were traded which represents a 24.22% incline from the average session volume which is 4.08M shares. KIM had ended its last session trading at 15.80. Kimco Realty Corporation currently has a market cap of $6.66B, while its P/E ratio stands at 30.06, while its P/E earnings growth sits at 5.57, with a beta of 0.58. Kimco Realty Corporation debt-to-equity ratio currently stands at 0.91, while its quick ratio hovers at . KIM 52-week low price stands at $13.16 while its 52-week high price is $17.96.
The company in its last quarterly report recorded $0.34 earnings per share which is above the $0.33 predicted by most analysts. The Kimco Realty Corporation generated $283.08 million in revenue during the last quarter, which is slightly lower than the $285.05 million predicted by analysts. In the second quarter last year, the firm recorded $0.39 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -14.71%. Kimco Realty Corporation has the potential to record 0.53 EPS for the current fiscal year, according to equities analysts.
Investment analysts at ROTH Capital published a research note on March 8th, 2018 where it informed investors and clients that The Meet Group, Inc. (NASDAQ:MEET) is now rated as Buy. Their price target on the stock stands at $3.25. JP Morgan also rated MEET as Upgrade on June 15th, 2018, with its price target of suggesting that MEET could surge by 27.01% from its current share price. Even though the stock has been trading at $5.81/share, analysts expect it to surge higher by -7.92% to reach $7.33/share. It started the day trading at $5.9 and traded between $5.23 and $5.35 throughout the trading session.
A look at its technical shows that MEET’s 50-day SMA is 4.22 while its 200-day SMA stands at 3.99. The company’s average trading volume currently stands at 1.04M shares, which means that the short-interest ratio is just 6.87 days. Over the past seven days, the company moved, with its shift of 9.41%. Looking further, the stock has raised 9.63% over the past 90 days while it gained 31.77% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. Luxor Capital Group LP bought more MEET shares, increasing its portfolio by +46.22% during the last quarter. This move now sees Luxor Capital Group LP purchasing 3,358,184 shares in the last quarter, thus it now holds 10,623,598 shares of MEET, with a total valuation of $49,187,259. Dimensional Fund Advisors LP meanwhile bought more MEET shares in the recently filed quarter, changing its stake to $28,410,763 worth of shares. BlackRock Fund Advisors followed the path by increasing its MEET portfolio by +3.09% in the quarter. This means that BlackRock Fund Advisors bought 137,776 shares in the last quarter and now controls 4,591,758 shares of the MEET stock, with the valuation hitting $21,259,840.
Similarly, SSgA Funds Management Inc increased its The Meet Group, Inc. shares by +6.19% during the recently filed quarter. After buying 132,209 shares in the last quarter, the firm now controls 2,269,708 shares of The Meet Group, Inc. which are valued at $10,508,748. In the same vein, Wilks Brothers LLC decreased its The Meet Group, Inc. shares by during the most recent reported quarter. The firm sold -722,316 shares during the quarter which decreased its stakes to 1,275,005 shares and is now valued at $5,903,273. Following these latest developments, around 1.00% of The Meet Group, Inc. stocks are owned by institutional investors and hedge funds.