Janus Henderson Group PLC Increases Position in Regency Centers Corporation $REG

Janus Henderson Group PLC lifted its stake in Regency Centers Corporation (NASDAQ:REGFree Report) by 87.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 39,762 shares of the company’s stock after acquiring an additional 18,589 shares during the period. Janus Henderson Group PLC’s holdings in Regency Centers were worth $3,008,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the stock. M&T Bank Corp boosted its stake in Regency Centers by 168.6% in the fourth quarter. M&T Bank Corp now owns 25,931 shares of the company’s stock valued at $1,791,000 after acquiring an additional 16,277 shares in the last quarter. Nomura Asset Management Co. Ltd. grew its holdings in Regency Centers by 3.6% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 311,562 shares of the company’s stock worth $21,507,000 after purchasing an additional 10,745 shares during the last quarter. Legal & General Group Plc increased its position in shares of Regency Centers by 2.8% during the fourth quarter. Legal & General Group Plc now owns 1,705,024 shares of the company’s stock worth $117,698,000 after purchasing an additional 46,438 shares in the last quarter. F m Investments LLC acquired a new position in shares of Regency Centers during the fourth quarter worth $1,128,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in shares of Regency Centers by 7.5% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 486,246 shares of the company’s stock valued at $33,045,000 after purchasing an additional 33,934 shares during the last quarter. Institutional investors own 96.07% of the company’s stock.

Regency Centers Stock Up 0.2%

Regency Centers stock opened at $77.12 on Friday. The business’s 50-day simple moving average is $79.66 and its two-hundred day simple moving average is $77.79. The company has a debt-to-equity ratio of 0.71, a quick ratio of 2.14 and a current ratio of 1.25. The company has a market cap of $14.12 billion, a PE ratio of 26.14, a PEG ratio of 3.22 and a beta of 0.80. Regency Centers Corporation has a fifty-two week low of $66.86 and a fifty-two week high of $83.66.

Regency Centers Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 2nd. Investors of record on Friday, September 11th will be issued a $0.755 dividend. This represents a $3.02 annualized dividend and a yield of 3.9%. The ex-dividend date is Friday, September 11th. Regency Centers’s dividend payout ratio is 102.37%.

Insiders Place Their Bets

In other Regency Centers news, insider Terah L. Devereaux sold 1,240 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $80.14, for a total transaction of $99,373.60. Following the completion of the transaction, the insider directly owned 17,990 shares of the company’s stock, valued at approximately $1,441,718.60. This trade represents a 6.45% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 1.00% of the company’s stock.

Wall Street Analyst Weigh In

REG has been the topic of several research analyst reports. Raymond James Financial restated an “outperform” rating and set a $88.00 target price on shares of Regency Centers in a research note on Monday, June 29th. Evercore set a $83.00 price target on Regency Centers in a report on Thursday, July 30th. Wells Fargo & Company boosted their price target on Regency Centers from $88.00 to $90.00 and gave the stock an “overweight” rating in a research note on Thursday, July 23rd. BTIG Research restated a “buy” rating and set a $85.00 price objective on shares of Regency Centers in a report on Friday, June 12th. Finally, Citigroup increased their price objective on shares of Regency Centers from $76.00 to $82.00 and gave the company a “neutral” rating in a research report on Tuesday, May 5th. Two investment analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $83.75.

Read Our Latest Analysis on Regency Centers

Regency Centers Profile

(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.

Read More

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

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