PensionDanmark Pensionsforsikringsaktieselskab 13F: Cuts KIM Stake by $5.7M

PensionDanmark cut its holdings in Kimco Realty Corporation (NYSE: KIM) by 92.8%, shedding 254,546 shares during the period. The fund revealed the reduction in a Form 13F filing with the SEC on October 19, 2026. After the trade, the fund held 19,600 shares of the retail real estate investment trust, with a reported value of $435,316.

KIM Kimco Realty Corporation

$22.69 ▲ +17.02% year to date

1M 3M YTD

Daily close · Oct 19, 2026

What Changed in PensionDanmark's Kimco Realty Position

PensionDanmark sharply scaled back its exposure to Kimco Realty from the 274,546 shares it owned previously. The large 254,546-share decrease left the fund with a much smaller remaining stake of 19,600 shares worth $435,316.

Other Institutional Activity in Kimco Realty

Other major institutional investors made notable adjustments to their Kimco Realty positions around the same reporting period. Cohen & Steers Inc. grew its holdings by 2,927,406 shares, ending with 56,641,276 shares worth about $1,285,190,582. Federated Hermes, Inc. lifted its stake by 293,270 shares, or 1.6%, bringing its total to 18,175,590 shares valued at about $412,404,146. Apg Asset Management US Inc. trimmed its position by 39,946 shares, or 0.3%, ending with 14,754,881 shares worth about $334,788,257.

Kimco Realty Corporation Stock Down 1.0%

Kimco Realty shares recently traded around $22.69 as of October 20, 2026, matching the closing price of $22.69 recorded on the filing date. The stock trades below its 50-day moving average of $23.17 and its 200-day moving average of $23.39. Over the past 52 weeks, the company has traded as low as $19.76 and as high as $26.65, placing the recent price about 14.9% below its 52-week peak and 14.8% above its bottom. The stock trades roughly 12.9% below the mean analyst price target of $26.06.

Recent Earnings

Kimco Realty reported $2,187,133,952 in trailing twelve-month revenue alongside earnings of $0.85 per share. The company generated a net profit margin of 27.8% and a return on equity of 5.8%. The company's next earnings report is scheduled for release on October 29, 2026.

Dividend

Kimco Realty pays an annual dividend of $1.12 per share, giving the stock a dividend yield of 4.94% based on recent trading levels. The company's dividend payout ratio stands at 121.2%.

Insider Buying and Selling at Kimco Realty Corporation

Company insiders executed several stock sales prior to the filing. Director Frank Lourenso sold 8,714 shares on February 14, 2025, at an average price of $22.30 for a total value of $194,323. Director Mary Hogan Preusse sold 23,100 shares on September 29, 2025, at $21.66 per share, totaling $500,249. Later, on February 17, 2026, Frank Lourenso sold an additional 8,594 shares at $23.14 per share, amounting to $198,872.

Analysts Set New Price Targets

Wall Street analysts have recently adjusted their outlooks on the retail REIT. On September 24, 2026, Mizuho maintained its Neutral rating while adjusting its price target from $25.00 to $23.00. Barclays maintained an Overweight rating on September 28, 2026, lowering its target from $28.00 to $27.00. Morgan Stanley maintained an Equal-Weight rating on September 29, 2026, lifting its target from $24.00 to $25.00. UBS maintained a Buy rating on October 9, 2026, dropping its target from $29.00 to $25.00. Piper Sandler maintained an Overweight rating on October 12, 2026, reducing its target from $31.00 to $27.00. The stock currently holds a consensus Buy recommendation across 21 analysts, with a target high price of $30.00 and a target low of $23.00.

About Kimco Realty

Kimco Realty Corporation operates as a real estate investment trust focused on owning and operating open-air, grocery-anchored shopping centers and mixed-use properties across the United States. Its properties cluster primarily within first-ring suburbs of major metropolitan areas, including high-barrier coastal regions and growing Sun Belt markets.

Bottom Line

Investors are keeping an eye on Kimco Realty ahead of its upcoming earnings report scheduled for October 29, 2026. The recent round of institutional filings shows varied sentiment among large asset managers as the retail REIT trades below its medium-term moving averages.