Comprehensive Money Management Services LLC Sells 169 Shares of Regency Centers Corporation $REG

Comprehensive Money Management Services LLC decreased its position in Regency Centers Corporation (NASDAQ:REG) by 3.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,146 shares of the company’s stock after selling 169 shares during the quarter. Comprehensive Money Management Services LLC’s holdings in Regency Centers were worth $295,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd lifted 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 buying an additional 150 shares during the last quarter. Crossmark Global Holdings Inc. lifted its position in Regency Centers by 1.7% in the first quarter. Crossmark Global Holdings Inc. now owns 9,627 shares of the company’s stock valued at $710,000 after purchasing an additional 160 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. lifted its position in Regency Centers by 4.1% in the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 4,260 shares of the company’s stock valued at $314,000 after purchasing an additional 169 shares during the last quarter. Proficio Capital Partners LLC lifted its position in Regency Centers by 4.6% in the first quarter. Proficio Capital Partners LLC now owns 3,847 shares of the company’s stock valued at $284,000 after purchasing an additional 170 shares during the last quarter. Finally, Brown Advisory Inc. lifted its position in Regency Centers by 0.3% in the first quarter. Brown Advisory Inc. now owns 71,345 shares of the company’s stock valued at $5,262,000 after purchasing an additional 196 shares during the last quarter. Institutional investors own 96.07% of the company’s stock.

Analyst Ratings Changes

Several brokerages have weighed in on REG. Wall Street Zen upgraded Regency Centers from a “sell” rating to a “hold” rating in a research report on Saturday, October 4th. Evercore ISI boosted their price objective on Regency Centers from $76.00 to $77.00 and gave the company an “in-line” rating in a research report on Monday, September 15th. Barclays boosted their price objective on Regency Centers from $79.00 to $83.00 and gave the company an “equal weight” rating in a research report on Monday. Scotiabank boosted their price objective on Regency Centers from $75.00 to $76.00 and gave the company a “sector perform” rating in a research report on Thursday, August 28th. Finally, Mizuho boosted their price objective on Regency Centers from $74.00 to $77.00 and gave the company an “outperform” rating in a research report on Wednesday, August 20th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Regency Centers presently has an average rating of “Moderate Buy” and an average target price of $79.09.

Regency Centers Price Performance

Shares of Regency Centers stock opened at $70.37 on Friday. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.72. The company has a market cap of $12.78 billion, a PE ratio of 32.88, a P/E/G ratio of 3.08 and a beta of 1.09. The business has a 50 day moving average of $71.79 and a 200 day moving average of $71.38. Regency Centers Corporation has a 52 week low of $63.44 and a 52 week high of $78.18.

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

Regency Centers Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Thursday, September 11th were paid a $0.705 dividend. This represents a $2.82 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend was Thursday, September 11th. Regency Centers’s dividend payout ratio is presently 131.78%.

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.