Regency Centers Corporation $REG Shares Acquired by Andra AP fonden

Andra AP fonden increased its stake in Regency Centers Corporation (NASDAQ:REG) by 59.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 222,000 shares of the company’s stock after buying an additional 82,700 shares during the period. Andra AP fonden owned about 0.12% of Regency Centers worth $15,813,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Nuveen LLC bought a new stake in shares of Regency Centers in the 1st quarter worth about $182,926,000. Wellington Management Group LLP grew its stake in Regency Centers by 2,846.0% in the first quarter. Wellington Management Group LLP now owns 1,256,228 shares of the company’s stock worth $92,659,000 after purchasing an additional 1,213,586 shares in the last quarter. Cbre Investment Management Listed Real Assets LLC increased its holdings in Regency Centers by 63.5% in the first quarter. Cbre Investment Management Listed Real Assets LLC now owns 2,521,633 shares of the company’s stock valued at $185,996,000 after buying an additional 979,126 shares during the last quarter. Invesco Ltd. increased its holdings in Regency Centers by 9.8% in the first quarter. Invesco Ltd. now owns 5,899,497 shares of the company’s stock valued at $435,147,000 after buying an additional 525,047 shares during the last quarter. Finally, Jefferies Financial Group Inc. acquired a new stake in Regency Centers during the first quarter valued at approximately $32,136,000. 96.07% of the stock is currently owned by institutional investors.

Regency Centers Stock Down 1.0%

Regency Centers stock opened at $68.72 on Friday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.13 and a current ratio of 1.20. Regency Centers Corporation has a one year low of $63.44 and a one year high of $78.18. The company has a 50-day simple moving average of $71.45 and a 200-day simple moving average of $71.46. The firm has a market capitalization of $12.48 billion, a P/E ratio of 31.67, a P/E/G ratio of 2.87 and a beta of 1.07.

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, meeting analysts’ consensus estimates of $1.15. Regency Centers had a net margin of 27.04% and a return on equity of 6.14%. The firm had revenue of $387.57 million during the quarter, compared to analyst estimates of $374.83 million. During the same period in the previous year, the business posted $1.07 EPS. Regency Centers has set its FY 2025 guidance at 4.620-4.640 EPS. As a group, equities analysts expect that Regency Centers Corporation will post 4.54 earnings per share for the current year.

Regency Centers Increases Dividend

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

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Robert W. Baird lifted their target price on Regency Centers from $78.00 to $80.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 30th. Scotiabank raised their price objective on Regency Centers from $75.00 to $76.00 and gave the stock a “sector perform” rating in a research note on Thursday, August 28th. Evercore ISI boosted their target price on shares of Regency Centers from $76.00 to $77.00 and gave the company an “in-line” rating in a research note on Monday, September 15th. Wells Fargo & Company increased their target price on shares of Regency Centers from $81.00 to $82.00 and gave the stock an “overweight” rating in a report on Tuesday, October 21st. Finally, Truist Financial raised their price target on shares of Regency Centers from $79.00 to $81.00 and gave the stock a “buy” rating in a research report on Friday, August 15th. Six research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $79.00.

Regency Centers Company 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.