Today it was reported that a Director at Kimco Realty (KIM), Richard Saltzman, exercised options to sell 5,500 KIM shares at $11.54 a share, for a total transaction value of $101.1K.
This is Saltzman’s first transaction since reporting a Sell transaction on CLNY back in January 2015 Following Richard Saltzman’s last KIM Sell transaction on March 05, 2013, the stock climbed by 1.5%.
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KIM’s market cap is $7.66B and the company has a P/E ratio of 30.72. Currently, Kimco Realty has an average volume of 2.74M.
Based on 4 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $18.25, reflecting a 0.7% upside.
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Kimco Realty Corp. is a real estate investment trust company, which engages in the ownership and operation of open-air shopping centers. It also specializes in shopping center acquisitions, development and management. The company was founded by Milton Cooper and Martin S. Kimmel in 1973 and is headquartered in New Hyde Park, NY.
