Kimco Realty Corp (KIM): Today's Featured Financial Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Kimco Realty ( KIM) pushed the Financial sector lower today making it today's featured Financial laggard. The sector as a whole closed the day down 0.1%. By the end of trading, Kimco Realty fell $0.34 (-1.5%) to $22.50 on light volume. Throughout the day, 2,555,753 shares of Kimco Realty exchanged hands as compared to its average daily volume of 3,728,000 shares. The stock ranged in price between $22.47-$22.95 after having opened the day at $22.81 as compared to the previous trading day's close of $22.84. Other companies within the Financial sector that declined today were: Homex Development ( HXM), down 15.1%, Colonial Financial Services ( COBK), down 11.8%, PSB Holdings ( PSBH), down 7.4% and Siebert Financial Corporation ( SIEB), down 7.3%.

Kimco Realty Corporation is an independent real estate investment trust. The firm invests in the real estate markets across North America. It is primarily engaged in acquisitions, development, and management of neighborhood and community shopping centers. Kimco Realty has a market cap of $9.2 billion and is part of the real estate industry. Shares are up 16.7% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate Kimco Realty a buy, no analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates Kimco Realty as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, compelling growth in net income, revenue growth, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, IFM Investments ( CTC), up 12.6%, Village Bank and Trust Financial Corporatio ( VBFC), up 10.6%, Manhattan Bridge Capital ( LOAN), up 9.3% and Cordia Bancorp ( BVA), up 8.3% , were all gainers within the financial sector with Zillow ( Z) being today's featured financial sector leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial sector could consider Proshares Short Financials ( SEF).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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