Goldman Sachs Ups Kimco Realty (KIM) To “Neutral”, Pollard Acquisition Has 1.23 Sentiment

June 20, 2017 - By Kurt Siggers

Pacific Continental Corporation is a bank holding company. The company has market cap of $571.37 million. The Company’s principal business activities are conducted through its subsidiary, Pacific Continental Bank , an Oregon state-chartered bank with deposits insured by the Federal Deposit Insurance Corporation. It has a 26.92 P/E ratio. The Bank operates in three primary markets: Eugene, Oregon, Portland; Oregon/Southwest Washington, and Seattle, Washington.

Among 11 analysts covering Kimco Realty (NYSE:KIM), 6 have Buy rating, 1 Sell and 4 Hold. Therefore 55% are positive. Kimco Realty has $34 highest and $25 lowest target. $29.13’s average target is 63.01% above currents $17.87 stock price. Kimco Realty had 24 analyst reports since July 22, 2015 according to SRatingsIntel. The stock has “Buy” rating by Argus Research on Friday, November 25. The rating was initiated by Boenning & Scattergood on Tuesday, June 28 with “Neutral”. The stock has “Outperform” rating by Raymond James on Monday, January 9. Barclays Capital maintained the stock with “Overweight” rating in Tuesday, December 15 report. The rating was initiated by BTIG Research on Thursday, August 25 with “Buy”. Argus Research upgraded Kimco Realty Corp (NYSE:KIM) on Wednesday, December 16 to “Buy” rating. Deutsche Bank maintained the stock with “Hold” rating in Wednesday, August 17 report. Barclays Capital maintained Kimco Realty Corp (NYSE:KIM) on Tuesday, July 19 with “Overweight” rating. Canaccord Genuity maintained Kimco Realty Corp (NYSE:KIM) on Friday, April 28 with “Buy” rating. The rating was maintained by JP Morgan on Thursday, August 11 with “Overweight”.

Since February 13, 2017, it had 3 insider purchases, and 1 sale for $453,464 activity. COOPER MILTON had bought 5,000 shares worth $120,346 on Monday, February 13. $347,430 worth of Kimco Realty Corp (NYSE:KIM) was bought by COVIELLO PHILIP E JR. $160,124 worth of Kimco Realty Corp (NYSE:KIM) was sold by LOURENSO FRANK.

The stock decreased 3.35% or $0.62 during the last trading session, reaching $17.87. About shares traded. Kimco Realty Corp (NYSE:KIM) has declined 31.73% since June 20, 2016 and is downtrending. It has underperformed by 48.43% the S&P500.

Analysts await Kimco Realty Corp (NYSE:KIM) to report earnings on July, 26. They expect $0.38 earnings per share, 0.00% or $0.00 from last year’s $0.38 per share. KIM’s profit will be $152.89 million for 11.76 P/E if the $0.38 EPS becomes a reality. After $0.37 actual earnings per share reported by Kimco Realty Corp for the previous quarter, Wall Street now forecasts 2.70% EPS growth.

Kimco Realty Corporation is a self-administered real estate investment trust. The company has market cap of $7.19 billion. The Firm is engaged in the ownership, management, development and operation of open-air shopping centers, which are anchored generally by discount department stores, grocery stores or drugstores. It has a 36.79 P/E ratio. As of December 31, 2016, the Company had interests in 525 shopping center properties, aggregating 85.4 million square feet of gross leasable area , located in 34 states, Puerto Rico and Canada.

Investors sentiment is 1.07 in 2016 Q4. Its the same as in 2016Q3. It has no change, as 42 investors sold Kimco Realty Corp shares while 120 reduced holdings. only 48 funds opened positions while 126 raised stakes. 382.87 million shares or 0.42% more from 381.28 million shares in 2016Q3 were reported. First Allied Advisory Services holds 9,635 shares or 0.01% of its portfolio. Tiaa Cref Inv Management Ltd Com owns 807,804 shares for 0.02% of their portfolio. Cohen Cap Mgmt holds 0.08% or 11,738 shares. Murphy Mngmt accumulated 8,450 shares. Conning has invested 0.01% in Kimco Realty Corp (NYSE:KIM). Axa invested 0% in Kimco Realty Corp (NYSE:KIM). Vanguard Grp Inc owns 71.11 million shares for 0.1% of their portfolio. Alliancebernstein Lp invested in 0.02% or 1.03M shares. Old Mutual Customised Solutions (Proprietary) stated it has 14,600 shares. State Treasurer State Of Michigan reported 0.03% of its portfolio in Kimco Realty Corp (NYSE:KIM). Capital Guardian Tru holds 0% or 2,000 shares in its portfolio. Utd Cap Advisers Ltd Company, California-based fund reported 39,744 shares. Guggenheim Capital Ltd Llc owns 1.72M shares. New Mexico Educational Retirement Board holds 103,398 shares. Reynders Mcveigh Ltd Liability Company, Massachusetts-based fund reported 8,169 shares.

Analysts await Pacific Continental Corporation (NASDAQ:PCBK) to report earnings on July, 19. They expect $0.33 EPS, up 22.22% or $0.06 from last year’s $0.27 per share. PCBK’s profit will be $7.37 million for 19.39 P/E if the $0.33 EPS becomes a reality. After $0.29 actual EPS reported by Pacific Continental Corporation for the previous quarter, Wall Street now forecasts 13.79% EPS growth.

Pacific Ridge Capital Partners Llc holds 1.63% of its portfolio in Pacific Continental Corporation for 207,423 shares. Signia Capital Management Llc owns 46,268 shares or 1.47% of their US portfolio. Moreover, Banc Funds Co Llc has 1.36% invested in the company for 1.47 million shares. The Texas-based Hillcrest Asset Management Llc has invested 1.34% in the stock. Alphaone Investment Services Llc, a Pennsylvania-based fund reported 214,292 shares.

The stock decreased 0.19% or $0.05 during the last trading session, reaching $25.6. About shares traded. Pacific Continental Corporation (PCBK) has risen 47.15% since June 20, 2016 and is uptrending. It has outperformed by 30.45% the S&P500.

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