Danske Bank A S acquired a new stake in Regency Centers Corporation (NASDAQ:REG – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 237,043 shares of the company’s stock, valued at approximately $18,902,000. Danske Bank A S owned 0.13% of Regency Centers as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors have also recently made changes to their positions in the business. M&T Bank Corp boosted its holdings 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 purchasing an additional 16,277 shares during the period. Nomura Asset Management Co. Ltd. increased its holdings in Regency Centers by 3.6% during the 4th 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 period. Legal & General Group Plc increased its holdings in Regency Centers by 2.8% during the 4th 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 during the period. F m Investments LLC acquired a new stake in Regency Centers in the 4th quarter valued at about $1,128,000. Finally, Norges Bank acquired a new stake in Regency Centers in the 4th quarter valued at about $1,183,667,000. Institutional investors and hedge funds own 96.07% of the company’s stock.
Analysts Set New Price Targets
A number of brokerages have recently commented on REG. Jefferies Financial Group raised Regency Centers to a “strong-buy” rating in a research report on Friday, June 26th. Wells Fargo & Company decreased their price target on shares of Regency Centers from $90.00 to $88.00 and set an “overweight” rating for the company in a research note on Wednesday. Argus set a $85.00 price target on shares of Regency Centers in a report on Monday, August 10th. LADENBURG THALM/SH SH increased their price objective on shares of Regency Centers from $83.00 to $85.00 and gave the company a “neutral” rating in a research report on Friday, July 31st. Finally, Barclays raised their price objective on shares of Regency Centers from $90.00 to $92.00 and gave the company an “overweight” rating in a report on Monday. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $83.82.
Insider Transactions at Regency Centers
In other news, insider Terah L. Devereaux sold 1,240 shares of the company’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $80.14, for a total value of $99,373.60. Following the completion of the sale, the insider directly owned 17,990 shares of the company’s stock, valued at approximately $1,441,718.60. This represents a 6.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.00% of the company’s stock.
Regency Centers Trading Up 0.1%
NASDAQ:REG opened at $76.51 on Friday. The company has a market capitalization of $14.01 billion, a PE ratio of 25.94, a P/E/G ratio of 3.19 and a beta of 0.80. Regency Centers Corporation has a 52-week low of $66.86 and a 52-week high of $83.66. The stock’s 50 day moving average price is $79.38 and its 200 day moving average price is $78.16. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.71.
Regency Centers (NASDAQ:REG – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $1.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.62. The company had revenue of $413.51 million during the quarter, compared to analysts’ expectations of $411.07 million. Regency Centers had a return on equity of 8.04% and a net margin of 34.38%.During the same quarter in the previous year, the business earned $1.16 earnings per share. Regency Centers has set its FY 2026 guidance at 4.840-4.880 EPS. On average, research analysts anticipate that Regency Centers Corporation will post 4.86 EPS for the current year.
Regency Centers Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Friday, September 11th will be given a dividend of $0.755 per share. This represents a $3.02 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend is Friday, September 11th. Regency Centers’s dividend payout ratio (DPR) is presently 102.37%.
About Regency Centers
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.
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