Legacy Capital Group California Inc. decreased their stake in Kimco Realty Corp (NYSE:KIM) by 6.3% in the third quarter, according to a report from HoldingsChannel.com. The fund held 22,372 shares.
REITs have historically benefitted greatly from rate cuts, typically outperforming the market during a recession and performing similarly to the S&P when there is no recession.
S&P futures lower: S&P futures are down 0.2% in Wednesday morning trading, following a weaker Tuesday session where US equities declined. Laggards included crowded shorts, lower quality stocks, semis, and regional banks, while energy and defensives outperformed. Asian markets were mostly down overnight, with Japan falling over 2% and South Korea down more than 1%,
ETFsector.com Daily Trading Outlook, October 2nd, 2024 Read More »
At the stock level we are seeing broad improvement with a fairly high correlation. Standout stocks are few and far between, but we see clear bullish reversals in residential real estate names, Healthcare REITs and Retail REITs
Envestnet Portfolio Solutions Inc. increased its ownership in Kimco Realty Corp by 10.8% in the second quarter, as reported in its latest filing with the SEC.
Mather Group LLC acquired new shares of Kimco Realty Corp during the 1st quarter, as stated in its latest disclosure with the Securities.
Mather Group LLC acquired 3,853 shares in Kimco Realty Corp (NYSE:KIM). Read More »
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