Teacher Retirement System of Texas Has $1.87 Million Stock Holdings in Regency Centers Corporation $REG

Teacher Retirement System of Texas decreased its position in shares of Regency Centers Corporation (NASDAQ:REG) by 11.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 26,189 shares of the company’s stock after selling 3,444 shares during the period. Teacher Retirement System of Texas’ holdings in Regency Centers were worth $1,865,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of REG. Wayfinding Financial LLC acquired a new position in shares of Regency Centers during the 1st quarter valued at about $25,000. Caitong International Asset Management Co. Ltd grew its position 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 purchasing an additional 150 shares during the last quarter. GKV Capital Management Co. Inc. acquired a new stake in Regency Centers in the 1st quarter worth $40,000. National Pension Service boosted its position in shares of Regency Centers by 75.2% during the 1st quarter. National Pension Service now owns 643 shares of the company’s stock valued at $47,000 after acquiring an additional 276 shares in the last quarter. Finally, Quarry LP boosted its position in shares of Regency Centers by 206.2% during the 1st quarter. Quarry LP now owns 695 shares of the company’s stock valued at $51,000 after acquiring an additional 468 shares in the last quarter. 96.07% of the stock is currently owned by institutional investors.

Regency Centers Stock Performance

NASDAQ REG opened at $68.91 on Tuesday. The firm has a 50-day moving average of $71.64 and a 200-day moving average of $71.51. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.13 and a current ratio of 1.20. The stock has a market cap of $12.51 billion, a PE ratio of 31.76, a P/E/G ratio of 2.87 and a beta of 1.09. Regency Centers Corporation has a 52-week low of $63.44 and a 52-week high of $78.18.

Regency Centers (NASDAQ:REG) last posted its earnings results on Tuesday, October 28th. The company reported $1.15 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.15. Regency Centers had a net margin of 27.04% and a return on equity of 6.14%. The company had revenue of $387.57 million during the quarter, compared to analysts’ expectations of $374.83 million. During the same quarter last year, the company posted $1.07 EPS. Regency Centers has set its FY 2025 guidance at 4.620-4.640 EPS. On average, sell-side analysts anticipate that Regency Centers Corporation will post 4.54 EPS for the current year.

Regency Centers Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 6th. Stockholders of record on Monday, December 15th will be given a $0.755 dividend. This represents a $3.02 annualized dividend and a dividend yield of 4.4%. The ex-dividend date is Monday, December 15th. This is a boost from Regency Centers’s previous quarterly dividend of $0.71. Regency Centers’s dividend payout ratio is presently 139.17%.

Analyst Upgrades and Downgrades

REG has been the subject of a number of research analyst reports. LADENBURG THALM/SH SH began coverage on shares of Regency Centers in a research note on Tuesday, September 9th. They issued a “neutral” rating and a $76.00 target price for the company. Wells Fargo & Company boosted their price target on shares of Regency Centers from $81.00 to $82.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 21st. Barclays boosted their price target on shares of Regency Centers from $79.00 to $83.00 and gave the stock an “equal weight” rating in a research note on Monday, October 6th. 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 research note on Wednesday, August 20th. Finally, Wall Street Zen raised shares of Regency Centers from a “sell” rating to a “hold” rating in a research report on Saturday, October 4th. Six investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, Regency Centers presently has an average rating of “Moderate Buy” and a consensus price target of $79.00.

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.