405 Shares in Regency Centers Co. (NASDAQ:REG) Acquired by Capital Analysts LLC

Capital Analysts LLC purchased a new stake in Regency Centers Co. (NASDAQ:REG) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 405 shares of the company’s stock, valued at approximately $27,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. CVA Family Office LLC acquired a new position in Regency Centers in the fourth quarter valued at approximately $27,000. Glass Jacobson Investment Advisors llc acquired a new position in Regency Centers in the third quarter valued at approximately $26,000. Financial Gravity Asset Management Inc. boosted its holdings in 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 purchasing an additional 398 shares in the last quarter. Newbridge Financial Services Group Inc. acquired a new position in Regency Centers in the third quarter valued at approximately $29,000. Finally, Bogart Wealth LLC acquired a new position in Regency Centers in the third quarter valued at approximately $31,000. 96.07% of the stock is owned by institutional investors and hedge funds.

Regency Centers Price Performance

Regency Centers stock opened at $58.37 on Friday. Regency Centers Co. has a 12 month low of $54.72 and a 12 month high of $68.47. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.85 and a quick ratio of 0.85. The business has a 50 day simple moving average of $60.05 and a 200-day simple moving average of $61.65. The stock has a market capitalization of $10.79 billion, a PE ratio of 28.61, a price-to-earnings-growth ratio of 3.80 and a beta of 1.16.

Regency Centers Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 3rd. Stockholders of record on Wednesday, March 13th were paid a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 4.59%. The ex-dividend date was Tuesday, March 12th. Regency Centers’s dividend payout ratio (DPR) is presently 131.37%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on REG shares. Truist Financial upped their price target on Regency Centers from $71.00 to $72.00 and gave the company a “buy” rating in a report on Tuesday, January 16th. Evercore ISI raised Regency Centers from an “in-line” rating to an “outperform” rating and increased their price objective for the company from $69.00 to $71.00 in a report on Monday, January 22nd. Wells Fargo & Company assumed coverage on Regency Centers in a report on Thursday, February 1st. They issued an “overweight” rating and a $70.00 price objective for the company. Deutsche Bank Aktiengesellschaft assumed coverage on Regency Centers in a report on Tuesday, January 30th. They issued a “buy” rating and a $74.00 price objective for the company. Finally, Mizuho assumed coverage on Regency Centers in a report on Thursday. They issued a “neutral” rating and a $60.00 price objective for the company. Two investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $70.73.

About Regency Centers

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.