405 Shares in Regency Centers Co. (NASDAQ:REG) Acquired by CVA Family Office LLC

CVA Family Office LLC purchased a new position in shares of Regency Centers Co. (NASDAQ:REGFree Report) in the fourth quarter, HoldingsChannel.com reports. The fund purchased 405 shares of the company’s stock, valued at approximately $27,000.

A number of other institutional investors and hedge funds have also modified their holdings of REG. Glass Jacobson Investment Advisors llc bought a new stake in Regency Centers in the third quarter valued at approximately $26,000. Financial Gravity Asset Management Inc. boosted its holdings in shares of Regency Centers by 641.9% in the third quarter. Financial Gravity Asset Management Inc. now owns 460 shares of the company’s stock valued at $27,000 after buying an additional 398 shares during the period. Newbridge Financial Services Group Inc. acquired a new position in shares of Regency Centers in the third quarter valued at approximately $29,000. Bogart Wealth LLC acquired a new position in shares of Regency Centers in the third quarter valued at approximately $31,000. Finally, Rockefeller Capital Management L.P. boosted its holdings in shares of Regency Centers by 86.9% in the fourth quarter. Rockefeller Capital Management L.P. now owns 542 shares of the company’s stock valued at $33,000 after buying an additional 252 shares during the period. 96.07% of the stock is owned by institutional investors.

Regency Centers Stock Up 0.6 %

NASDAQ:REG opened at $60.56 on Friday. The firm’s 50 day simple moving average is $61.26 and its 200 day simple moving average is $61.93. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.85 and a quick ratio of 0.85. Regency Centers Co. has a one year low of $54.72 and a one year high of $68.47. The company has a market cap of $11.19 billion, a PE ratio of 29.69, a P/E/G ratio of 3.96 and a beta of 1.17.

Regency Centers Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 3rd. Investors of record on Wednesday, March 13th will be given a dividend of $0.67 per share. The ex-dividend date is Tuesday, March 12th. This represents a $2.68 annualized dividend and a yield of 4.43%. Regency Centers’s dividend payout ratio is presently 131.37%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Evercore ISI upgraded shares of Regency Centers from an “in-line” rating to an “outperform” rating and upped their price target for the company from $69.00 to $71.00 in a report on Monday, January 22nd. Truist Financial raised their target price on shares of Regency Centers from $71.00 to $72.00 and gave the company a “buy” rating in a report on Tuesday, January 16th. Morgan Stanley upgraded shares of Regency Centers from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $62.00 to $75.00 in a research note on Thursday, December 21st. Deutsche Bank Aktiengesellschaft began coverage on shares of Regency Centers in a research note on Tuesday, January 30th. They issued a “buy” rating and a $74.00 price target on the stock. Finally, Wells Fargo & Company began coverage on shares of Regency Centers in a research note on Thursday, February 1st. They issued an “overweight” rating and a $70.00 price target on the stock. One research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat.com, Regency Centers presently has a consensus rating of “Moderate Buy” and a consensus target price of $71.80.

View Our Latest Stock Analysis on Regency Centers

Regency Centers Company Profile

(Free Report)

Regency Centers is a preeminent national owner, operator, and developer of shopping centers located in suburban trade areas with compelling demographics. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers.

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Institutional Ownership by Quarter for Regency Centers (NASDAQ:REG)

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