Wealthfront Advisers LLC Acquires 226 Shares of Regency Centers Corporation $REG

Wealthfront Advisers LLC raised its holdings in Regency Centers Corporation (NASDAQ:REG) by 0.8% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 27,081 shares of the company’s stock after purchasing an additional 226 shares during the quarter. Wealthfront Advisers LLC’s holdings in Regency Centers were worth $1,929,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Wayfinding Financial LLC acquired a new stake in shares of Regency Centers in the first quarter valued at $25,000. Caitong International Asset Management Co. Ltd grew its holdings in Regency Centers by 42.3% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 505 shares of the company’s stock worth $37,000 after acquiring an additional 150 shares during the last quarter. GKV Capital Management Co. Inc. acquired a new stake in Regency Centers in the 1st quarter valued at about $40,000. National Pension Service raised its stake in shares of Regency Centers by 75.2% in the first quarter. National Pension Service now owns 643 shares of the company’s stock worth $47,000 after acquiring an additional 276 shares during the last quarter. Finally, Quarry LP lifted its position in shares of Regency Centers by 206.2% during the first quarter. Quarry LP now owns 695 shares of the company’s stock worth $51,000 after purchasing an additional 468 shares in the last quarter. Institutional investors and hedge funds own 96.07% of the company’s stock.

Regency Centers Stock Up 0.1%

Shares of Regency Centers stock opened at $69.39 on Friday. Regency Centers Corporation has a 12 month low of $63.44 and a 12 month high of $78.18. The business has a fifty day simple moving average of $71.77 and a 200 day simple moving average of $71.52. The company has a quick ratio of 1.13, a current ratio of 1.20 and a debt-to-equity ratio of 0.72. The stock has a market cap of $12.60 billion, a PE ratio of 31.98, a price-to-earnings-growth ratio of 2.87 and a beta of 1.09.

Regency Centers (NASDAQ:REG) last issued 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. The firm had revenue of $387.57 million for the quarter, compared to analysts’ expectations of $374.83 million. Regency Centers had a return on equity of 6.14% and a net margin of 27.04%.During the same quarter last year, the business earned $1.07 earnings per share. Regency Centers has set its FY 2025 guidance at 4.620-4.640 EPS. Research analysts predict that Regency Centers Corporation will post 4.54 EPS for the current year.

Regency Centers Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 6th. Investors of record on Monday, December 15th will be issued a dividend of $0.755 per share. This is an increase from Regency Centers’s previous quarterly dividend of $0.71. This represents a $3.02 dividend on an annualized basis and a yield of 4.4%. The ex-dividend date is Monday, December 15th. Regency Centers’s dividend payout ratio is presently 131.78%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. LADENBURG THALM/SH SH started coverage on shares of Regency Centers in a report on Tuesday, September 9th. They issued a “neutral” rating and a $76.00 price target for the company. Weiss Ratings restated a “buy (b-)” rating on shares of Regency Centers in a research report on Wednesday, October 8th. Wells Fargo & Company upped their price target on Regency Centers from $81.00 to $82.00 and gave the company an “overweight” rating in a research note on Tuesday, October 21st. Scotiabank lifted their price objective on Regency Centers from $75.00 to $76.00 and gave the stock a “sector perform” rating in a research report on Thursday, August 28th. Finally, Wall Street Zen upgraded shares of Regency Centers from a “sell” rating to a “hold” rating in a research report on Saturday, October 4th. Seven analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $79.10.

About Regency Centers

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.