Regency Centers (NASDAQ:REG) Stock Price Expected to Rise, Barclays Analyst Says

Regency Centers (NASDAQ:REGGet Free Report) had its price target upped by equities researchers at Barclays from $82.00 to $85.00 in a report issued on Monday,Benzinga reports. The firm presently has an “overweight” rating on the stock. Barclays‘s target price points to a potential upside of 6.62% from the company’s current price.

Several other research firms have also recently weighed in on REG. Jefferies Financial Group set a $79.00 price target on Regency Centers in a report on Monday, December 15th. Weiss Ratings raised shares of Regency Centers from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, February 17th. Citigroup boosted their price objective on shares of Regency Centers from $75.00 to $76.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 10th. Argus raised Regency Centers to a “strong-buy” rating in a research report on Wednesday, November 5th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $76.00 target price (down from $81.00) on shares of Regency Centers in a report on Thursday, December 18th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $79.50.

View Our Latest Stock Report on REG

Regency Centers Stock Up 0.2%

Shares of NASDAQ:REG opened at $79.72 on Monday. Regency Centers has a 52-week low of $63.44 and a 52-week high of $79.89. The company has a market capitalization of $14.58 billion, a PE ratio of 28.47, a price-to-earnings-growth ratio of 3.42 and a beta of 0.91. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.05 and a current ratio of 1.05. The company has a fifty day moving average of $72.98 and a 200-day moving average of $71.53.

Insider Transactions at Regency Centers

In other Regency Centers news, Chairman Martin E. Stein, Jr. sold 10,000 shares of the company’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $76.30, for a total transaction of $763,000.00. Following the sale, the chairman owned 272,133 shares of the company’s stock, valued at approximately $20,763,747.90. This represents a 3.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 1.00% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Regency Centers

Institutional investors and hedge funds have recently made changes to their positions in the business. AQR Capital Management LLC increased its holdings in Regency Centers by 15.4% in the first quarter. AQR Capital Management LLC now owns 64,337 shares of the company’s stock worth $4,701,000 after purchasing an additional 8,563 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Regency Centers by 3.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,894 shares of the company’s stock worth $1,099,000 after buying an additional 557 shares in the last quarter. Empowered Funds LLC grew its position in shares of Regency Centers by 9.6% during the 1st quarter. Empowered Funds LLC now owns 5,856 shares of the company’s stock worth $432,000 after buying an additional 511 shares during the period. Jane Street Group LLC increased its stake in shares of Regency Centers by 81.5% in the 1st quarter. Jane Street Group LLC now owns 8,247 shares of the company’s stock valued at $608,000 after acquiring an additional 3,702 shares in the last quarter. Finally, Intech Investment Management LLC lifted its position in shares of Regency Centers by 47.6% during the 1st quarter. Intech Investment Management LLC now owns 20,011 shares of the company’s stock valued at $1,476,000 after acquiring an additional 6,451 shares during the period. Institutional investors own 96.07% of the company’s stock.

Key Regency Centers News

Here are the key news stories impacting Regency Centers this week:

About Regency Centers

(Get Free Report)

Regency Centers Corporation is a publicly traded real estate investment trust (REIT) specializing in the ownership, operation and development of grocery-anchored shopping centers. Focused on everyday needs retail, the company’s portfolio is strategically concentrated in high-growth, densely populated markets across the United States. By aligning its properties with essential retailers, Regency Centers delivers stable income streams and drives sustained value for shareholders.

Founded in 1963 and headquartered in Jacksonville, Florida, Regency Centers began as a single shopping center developer before evolving into one of the largest owners of grocery-center real estate.

Featured Stories

Analyst Recommendations for Regency Centers (NASDAQ:REG)

Receive News & Ratings for Regency Centers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Regency Centers and related companies with MarketBeat.com's FREE daily email newsletter.