Adelante Capital Management Has Increased Its Kimco Realty Corp. (KIM) Stake by $6.70 Million as Stock Value Declined; Cbs (CBS) Holder Community Trust & Investment Co Lifted Stake by $4.20 Million as Market Value Declined

May 18, 2018 - By Nellie Frank

Kimco Realty Corporation (NYSE:KIM) Logo

Community Trust & Investment Co increased its stake in Cbs Corp (CBS) by 56.41% based on its latest 2017Q4 regulatory filing with the SEC. Community Trust & Investment Co bought 72,343 shares as the company’s stock declined 13.00% with the market. The institutional investor held 200,582 shares of the broadcasting company at the end of 2017Q4, valued at $11.83 million, up from 128,239 at the end of the previous reported quarter. Community Trust & Investment Co who had been investing in Cbs Corp for a number of months, seems to be bullish on the $19.86B market cap company. The stock increased 1.50% or $0.775 during the last trading session, reaching $52.385. About 2.10 million shares traded. CBS Corporation (NYSE:CBS) has declined 22.43% since May 18, 2017 and is downtrending. It has underperformed by 33.98% the S&P500.




Adelante Capital Management Llc increased its stake in Kimco Realty Corp. (KIM) by 18.45% based on its latest 2017Q4 regulatory filing with the SEC. Adelante Capital Management Llc bought 372,435 shares as the company’s stock declined 21.59% with the market. The hedge fund held 2.39M shares of the real estate investment trusts company at the end of 2017Q4, valued at $43.39M, up from 2.02M at the end of the previous reported quarter. Adelante Capital Management Llc who had been investing in Kimco Realty Corp. for a number of months, seems to be bullish on the $5.98B market cap company. The stock increased 0.25% or $0.035 during the last trading session, reaching $14.035. About 848,751 shares traded. Kimco Realty Corporation (NYSE:KIM) has declined 35.77% since May 18, 2017 and is downtrending. It has underperformed by 47.32% the S&P500.

Among 39 analysts covering CBS Corp (NYSE:CBS), 29 have Buy rating, 0 Sell and 10 Hold. Therefore 74% are positive. CBS Corp had 120 analyst reports since August 6, 2015 according to SRatingsIntel. The company was maintained on Friday, October 13 by Barclays Capital. On Thursday, January 4 the stock rating was maintained by Wells Fargo with “Buy”. The stock of CBS Corporation (NYSE:CBS) has “Buy” rating given on Wednesday, November 22 by BMO Capital Markets. The stock of CBS Corporation (NYSE:CBS) earned “Overweight” rating by Atlantic Securities on Monday, February 6. The stock has “Buy” rating by Cowen & Co on Tuesday, September 19. The rating was maintained by KeyBanc Capital Markets with “Hold” on Monday, October 16. The company was upgraded on Wednesday, March 9 by Wells Fargo. Morgan Stanley maintained the shares of CBS in report on Wednesday, December 6 with “Overweight” rating. The stock of CBS Corporation (NYSE:CBS) has “Hold” rating given on Monday, January 22 by Stephens. The company was maintained on Wednesday, February 21 by BMO Capital Markets.

Since December 12, 2017, it had 0 insider purchases, and 15 insider sales for $71.37 million activity. MOONVES LESLIE had sold 85,000 shares worth $4.34 million.

Community Trust & Investment Co, which manages about $800.63 million US Long portfolio, decreased its stake in Cdw Corp (NASDAQ:CDW) by 65,918 shares to 129,416 shares, valued at $8.99 million in 2017Q4, according to the filing. It also reduced its holding in American International Group (NYSE:AIG) by 8,775 shares in the quarter, leaving it with 208,572 shares, and cut its stake in Exxon Mobil Corp (NYSE:XOM).

Investors sentiment decreased to 0.59 in 2017 Q4. Its down 0.44, from 1.03 in 2017Q3. It turned negative, as 80 investors sold CBS shares while 278 reduced holdings. 65 funds opened positions while 148 raised stakes. 226.28 million shares or 0.25% more from 225.71 million shares in 2017Q3 were reported. Engineers Gate Manager Limited Partnership reported 6,761 shares. At State Bank reported 18,264 shares. Everence Mgmt Incorporated holds 0.06% in CBS Corporation (NYSE:CBS) or 4,421 shares. Gardner Lewis Asset Management Lp has invested 0.13% in CBS Corporation (NYSE:CBS). Principal Fincl Grp Inc holds 0.03% of its portfolio in CBS Corporation (NYSE:CBS) for 543,231 shares. Quantres Asset Mgmt stated it has 0.15% of its portfolio in CBS Corporation (NYSE:CBS). Bryn Mawr Tru has 73,433 shares for 0.24% of their portfolio. D E Shaw Inc holds 241,170 shares. Prelude Mngmt Ltd Liability owns 0.41% invested in CBS Corporation (NYSE:CBS) for 85,947 shares. Azimuth Cap Llc reported 3,550 shares. 3,860 were accumulated by Ssi Invest Mgmt. Fulton Financial Bank Na holds 0.02% in CBS Corporation (NYSE:CBS) or 4,342 shares. Private Ocean Ltd stated it has 44 shares. Bessemer Group Inc accumulated 2,662 shares. Colony Grp Ltd Liability Corp holds 0.12% of its portfolio in CBS Corporation (NYSE:CBS) for 33,720 shares.

More notable recent CBS Corporation (NYSE:CBS) news were published by: Seekingalpha.com which released: “CBS Q1: Growth Goals On Track” on May 09, 2018, also 247Wallst.com with their article: “Top Analyst Upgrades and Downgrades: CBS, Ford, Pivotal Software, Spotify, Symantec, Ulta Beauty and More” published on May 15, 2018, Benzinga.com published: “Bernstein: ‘Almost 0%’ Chance Of A CBS-Viacom Reunion” on May 15, 2018. More interesting news about CBS Corporation (NYSE:CBS) were released by: Seekingalpha.com and their article: “Verizon CEO: No interest in linear content” published on May 15, 2018 as well as 247Wallst.com‘s news article titled: “CBS Shareholders Ask Where Their Yachts Are” with publication date: May 18, 2018.

More recent Kimco Realty Corporation (NYSE:KIM) news were published by: Seekingalpha.com which released: “Home Depot’s Stock Falls As Sales Slip Amid Erratic Housing And Spending Data” on May 17, 2018. Also Seekingalpha.com published the news titled: “Boom! Strong Buy Kimco Bounces Back” on May 01, 2018. Seekingalpha.com‘s news article titled: “Kimco Realty’s (KIM) CEO Conor Flynn on Q1 2018 Results – Earnings Call Transcript” with publication date: April 26, 2018 was also an interesting one.

Investors sentiment decreased to 1.1 in Q4 2017. Its down 0.15, from 1.25 in 2017Q3. It dropped, as 32 investors sold KIM shares while 125 reduced holdings. 59 funds opened positions while 113 raised stakes. 373.17 million shares or 3.17% less from 385.41 million shares in 2017Q3 were reported. Sumitomo Mitsui Asset Mngmt Comm Limited stated it has 0.35% in Kimco Realty Corporation (NYSE:KIM). Kempen Capital Nv has 0.31% invested in Kimco Realty Corporation (NYSE:KIM) for 214,207 shares. Presima Incorporated accumulated 80,300 shares. Commonwealth Savings Bank Of Australia reported 1.75 million shares. Brown Brothers Harriman & Com invested in 1,880 shares or 0% of the stock. Loring Wolcott Coolidge Fiduciary Limited Liability Partnership Ma holds 0% in Kimco Realty Corporation (NYSE:KIM) or 4,325 shares. American Intl Grp Inc reported 145,478 shares. Third Avenue Management Ltd Llc owns 1.08M shares. Sumitomo Mitsui Tru Hldg owns 1.51M shares. Fort Washington Advsr Oh reported 27,500 shares stake. Arizona State Retirement System owns 225,363 shares for 0.04% of their portfolio. Glg Lc reported 21,476 shares. North Star Management accumulated 380 shares or 0% of the stock. 87,169 are held by Caisse De Depot Et Placement Du Quebec. Evercore Wealth Mgmt Limited Co stated it has 600 shares or 0% of all its holdings.

Among 21 analysts covering Kimco Realty (NYSE:KIM), 5 have Buy rating, 2 Sell and 14 Hold. Therefore 24% are positive. Kimco Realty had 55 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets with “Buy” on Monday, June 19. The rating was maintained by Mizuho with “Hold” on Monday, December 18. The stock has “Buy” rating by Argus Research on Friday, November 25. The stock of Kimco Realty Corporation (NYSE:KIM) has “Buy” rating given on Thursday, August 25 by BTIG Research. The stock of Kimco Realty Corporation (NYSE:KIM) has “Buy” rating given on Friday, April 28 by Canaccord Genuity. The firm earned “Buy” rating on Monday, August 24 by Zacks. Stifel Nicolaus maintained it with “Hold” rating and $19.5 target in Friday, December 1 report. The rating was downgraded by JP Morgan to “Neutral” on Friday, December 16. The rating was maintained by Boenning & Scattergood on Friday, August 18 with “Hold”. The rating was maintained by SunTrust with “Hold” on Friday, March 2.

Kimco Realty Corporation (NYSE:KIM) Institutional Positions Chart

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