Regency Centers Corp (REG) Shares Sold by NN Investment Partners Holdings N.V.

NN Investment Partners Holdings N.V. cut its stake in shares of Regency Centers Corp (NYSE:REG) by 12.5% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 903,507 shares of the real estate investment trust’s stock after selling 129,000 shares during the quarter. NN Investment Partners Holdings N.V.’s holdings in Regency Centers were worth $56,090,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. Commerzbank Aktiengesellschaft FI increased its holdings in shares of Regency Centers by 36.3% during the first quarter. Commerzbank Aktiengesellschaft FI now owns 4,470 shares of the real estate investment trust’s stock worth $264,000 after buying an additional 1,190 shares in the last quarter. BNP Paribas Arbitrage SA increased its holdings in shares of Regency Centers by 2.2% during the first quarter. BNP Paribas Arbitrage SA now owns 58,591 shares of the real estate investment trust’s stock worth $3,456,000 after buying an additional 1,243 shares in the last quarter. Comerica Bank increased its holdings in shares of Regency Centers by 3.4% during the first quarter. Comerica Bank now owns 42,123 shares of the real estate investment trust’s stock worth $2,405,000 after buying an additional 1,368 shares in the last quarter. Afam Capital Inc. increased its holdings in shares of Regency Centers by 2.3% during the first quarter. Afam Capital Inc. now owns 61,876 shares of the real estate investment trust’s stock worth $3,649,000 after buying an additional 1,392 shares in the last quarter. Finally, Brasada Capital Management LP increased its holdings in shares of Regency Centers by 9.4% during the first quarter. Brasada Capital Management LP now owns 18,220 shares of the real estate investment trust’s stock worth $1,075,000 after buying an additional 1,570 shares in the last quarter. Institutional investors own 91.78% of the company’s stock.

Shares of Regency Centers traded down $0.03, hitting $61.29, during trading on Thursday, MarketBeat Ratings reports. The company’s stock had a trading volume of 1,201,800 shares, compared to its average volume of 1,129,141. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.58. Regency Centers Corp has a 52 week low of $54.87 and a 52 week high of $70.64. The stock has a market cap of $10.45 billion, a price-to-earnings ratio of 16.62, a P/E/G ratio of 2.31 and a beta of 0.47.

Regency Centers (NYSE:REG) last issued its quarterly earnings data on Monday, April 30th. The real estate investment trust reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.94 by ($0.63). Regency Centers had a return on equity of 3.83% and a net margin of 23.85%. The business had revenue of $269.54 million during the quarter, compared to the consensus estimate of $263.14 million. During the same period in the prior year, the firm earned $0.90 EPS. equities analysts anticipate that Regency Centers Corp will post 3.78 earnings per share for the current fiscal year.

Several brokerages have recently issued reports on REG. ValuEngine upgraded shares of Regency Centers from a “sell” rating to a “hold” rating in a report on Friday, June 22nd. BMO Capital Markets set a $68.00 price target on shares of Regency Centers and gave the stock a “hold” rating in a report on Tuesday, May 1st. Zacks Investment Research upgraded shares of Regency Centers from a “sell” rating to a “hold” rating in a report on Thursday, May 3rd. Boenning Scattergood reiterated a “hold” rating on shares of Regency Centers in a report on Wednesday, May 2nd. Finally, Robert W. Baird reiterated a “buy” rating and set a $68.00 price target on shares of Regency Centers in a report on Wednesday, March 21st. One analyst has rated the stock with a sell rating, seven have issued a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. Regency Centers currently has an average rating of “Buy” and a consensus target price of $68.32.

In other Regency Centers news, insider H Craig Ramey sold 1,200 shares of the company’s stock in a transaction on Tuesday, May 8th. The shares were sold at an average price of $58.80, for a total transaction of $70,560.00. Following the sale, the insider now owns 17,137 shares of the company’s stock, valued at $1,007,655.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.10% of the company’s stock.

About Regency Centers

Regency Centers is the preeminent national owner, operator, and developer of shopping centers located in affluent and densely populated trade areas. 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.

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Institutional Ownership by Quarter for Regency Centers (NYSE:REG)

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