State Street Amends Kimco Realty Stake, Signals Institutional Holdings
Ticker: KIM-PN · Form: SC 13G/A · Filed: Jan 30, 2024 · CIK: 879101
| Field | Detail |
|---|---|
| Company | Kimco Realty Corp (KIM-PN) |
| Form Type | SC 13G/A |
| Filed Date | Jan 30, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, REIT, passive-investing
TL;DR
**State Street just updated its Kimco Realty holdings, showing its continued institutional stake.**
AI Summary
State Street Corporation, a major financial institution, filed an amended SC 13G/A on January 30, 2024, indicating its ownership of Kimco Realty Corp. (REIT) shares as of December 31, 2023. This filing is an amendment, meaning State Street previously reported its stake and is now updating that information. For investors, this matters because State Street is a significant institutional holder, and changes in its reported ownership can signal shifts in institutional confidence or investment strategy regarding Kimco Realty.
Why It Matters
This filing provides transparency into State Street Corporation's institutional ownership of Kimco Realty, offering insight into a major financial player's position in the company.
Risk Assessment
Risk Level: low — This is a routine disclosure of institutional ownership and does not inherently indicate a significant risk or opportunity.
Analyst Insight
An investor should note State Street's continued institutional presence in Kimco Realty, but this filing alone doesn't suggest immediate action. It's a data point for understanding institutional sentiment.
Key Numbers
- 49446R109 — CUSIP Number (identifies Kimco Realty Corp. securities)
- 0000879101 — Central Index Key (CIK) (identifies Kimco Realty Corp.)
- 0000093751 — Central Index Key (CIK) (identifies State Street Corporation)
- 005-42000 — SEC File Number (identifies Kimco Realty Corp.'s registration with the SEC)
Key Players & Entities
- State Street Corporation (company) — the reporting person and institutional investor
- Kimco Realty Corp. (company) — the subject company whose securities are being reported
- 0000093751-24-000420 (dollar_amount) — accession number for the filing
- January 30, 2024 (date) — the date the SC 13G/A filing was made
- December 31, 2023 (date) — the date of the event requiring the filing
Forward-Looking Statements
- State Street Corporation will maintain a significant institutional stake in Kimco Realty Corp. throughout 2024. (State Street Corporation) — medium confidence, target: 2024-12-31
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G, indicating a passive institutional ownership stake.
Who is the reporting person in this filing?
The reporting person is State Street Corporation, identified by CIK 0000093751 and IRS Identification No. 04-2456637.
Which company's securities are being reported on?
The securities of Kimco Realty Corp. (CIK 0000879101) are being reported on, specifically their REIT class of securities with CUSIP 49446R109.
What was the date of the event that required this filing?
The date of the event which required this filing was December 31, 2023, as stated on the cover page.
When was this amended filing submitted to the SEC?
This amended filing (SC 13G/A) was filed with the SEC on January 30, 2024, as indicated by the 'FILED AS OF DATE'.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 30, 2024 regarding KIMCO REALTY CORP (KIM-PN).