Czech National Bank Purchases 2,465 Shares of Regency Centers Corporation $REG

Czech National Bank increased its holdings in Regency Centers Corporation (NASDAQ:REG) by 6.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 39,934 shares of the company’s stock after acquiring an additional 2,465 shares during the period. Czech National Bank’s holdings in Regency Centers were worth $2,844,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd boosted its holdings in Regency Centers by 42.3% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 505 shares of the company’s stock worth $37,000 after buying an additional 150 shares during the period. State of Wyoming lifted its holdings in shares of Regency Centers by 11.3% during the 4th quarter. State of Wyoming now owns 1,543 shares of the company’s stock worth $114,000 after acquiring an additional 157 shares during the last quarter. Crossmark Global Holdings Inc. lifted its holdings in shares of Regency Centers by 1.7% during the 1st quarter. Crossmark Global Holdings Inc. now owns 9,627 shares of the company’s stock worth $710,000 after acquiring an additional 160 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. lifted its holdings in shares of Regency Centers by 4.1% during the 1st quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 4,260 shares of the company’s stock worth $314,000 after acquiring an additional 169 shares during the last quarter. Finally, Proficio Capital Partners LLC lifted its holdings in shares of Regency Centers by 4.6% during the 1st quarter. Proficio Capital Partners LLC now owns 3,847 shares of the company’s stock worth $284,000 after acquiring an additional 170 shares during the last quarter. Hedge funds and other institutional investors own 96.07% of the company’s stock.

Regency Centers Trading Down 0.1%

NASDAQ:REG opened at $70.27 on Friday. Regency Centers Corporation has a 1 year low of $63.44 and a 1 year high of $78.18. The stock has a market cap of $12.76 billion, a price-to-earnings ratio of 32.84, a PEG ratio of 3.04 and a beta of 1.09. The business has a fifty day moving average of $71.53 and a 200-day moving average of $71.50. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.13 and a current ratio of 1.13.

Regency Centers (NASDAQ:REG) last announced its earnings results on Tuesday, July 29th. The company reported $1.16 earnings per share for the quarter, beating the consensus estimate of $1.12 by $0.04. The business had revenue of $369.85 million during the quarter, compared to analysts’ expectations of $366.35 million. Regency Centers had a return on equity of 6.05% and a net margin of 27.00%.The company’s quarterly revenue was up 6.6% on a year-over-year basis. During the same quarter last year, the business posted $1.06 earnings per share. Regency Centers has set its FY 2025 guidance at 4.590-4.630 EPS. Equities analysts predict that Regency Centers Corporation will post 4.54 earnings per share for the current year.

Regency Centers Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th will be given a $0.705 dividend. The ex-dividend date is Thursday, September 11th. This represents a $2.82 dividend on an annualized basis and a dividend yield of 4.0%. Regency Centers’s dividend payout ratio (DPR) is currently 131.78%.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. Scotiabank lifted their target price on shares of Regency Centers from $75.00 to $76.00 and gave the stock a “sector perform” rating in a research report on Thursday, August 28th. LADENBURG THALM/SH SH started coverage on shares of Regency Centers in a report on Tuesday, September 9th. They set a “neutral” rating and a $76.00 price objective for the company. Mizuho upped their target price on shares of Regency Centers from $74.00 to $77.00 and gave the company an “outperform” rating in a report on Wednesday, August 20th. Evercore ISI upped their target price on shares of Regency Centers from $76.00 to $77.00 and gave the stock an “in-line” rating in a research report on Monday, September 15th. Finally, Robert W. Baird raised their price target on shares of Regency Centers from $78.00 to $80.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 30th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, Regency Centers has an average rating of “Moderate Buy” and an average price target of $78.42.

Regency Centers Profile

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.