M&T Bank Corp Acquires 773,780 Shares of Kimco Realty Corporation $KIM

M&T Bank Corp significantly increased its stake in Kimco Realty Corporation (NYSE:KIM) by 4,368.2%, acquiring an additional 773,780 shares in the fourth quarter. Other institutional investors like UBS, SG Americas, and Federated Hermes also boosted their positions, resulting in institutional ownership of 89.25%. Kimco Realty pays a quarterly dividend of $0.26, yielding 4.4%, and currently holds a “Moderate Buy” consensus rating from analysts with an average price target of $24.73.

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