Tobam increased its holdings in shares of Regency Centers Corporation (NASDAQ:REG – Free Report) by 4,422.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 12,119 shares of the company’s stock after buying an additional 11,851 shares during the quarter. Tobam’s holdings in Regency Centers were worth $837,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Norges Bank acquired a new position in Regency Centers in the fourth quarter valued at about $1,183,667,000. State Street Corp raised its position in shares of Regency Centers by 1.4% during the fourth quarter. State Street Corp now owns 12,572,876 shares of the company’s stock worth $877,261,000 after purchasing an additional 168,884 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Regency Centers by 1.4% during the 4th quarter. Geode Capital Management LLC now owns 4,915,089 shares of the company’s stock valued at $338,110,000 after purchasing an additional 67,739 shares in the last quarter. Invesco Ltd. lifted its holdings in shares of Regency Centers by 7.2% during the 4th quarter. Invesco Ltd. now owns 4,261,437 shares of the company’s stock valued at $294,167,000 after purchasing an additional 287,397 shares in the last quarter. Finally, Boston Partners grew its position in shares of Regency Centers by 2.1% in the 3rd quarter. Boston Partners now owns 3,540,137 shares of the company’s stock valued at $258,062,000 after purchasing an additional 72,584 shares during the period. 96.07% of the stock is currently owned by institutional investors.
Regency Centers Stock Performance
REG opened at $76.88 on Friday. The business’s 50-day simple moving average is $78.49 and its 200 day simple moving average is $75.04. Regency Centers Corporation has a 52-week low of $66.86 and a 52-week high of $81.66. The company has a debt-to-equity ratio of 0.72, a quick ratio of 2.14 and a current ratio of 2.14. The firm has a market capitalization of $14.08 billion, a PE ratio of 26.51, a PEG ratio of 3.26 and a beta of 0.81.
Regency Centers Dividend Announcement
Analyst Ratings Changes
REG has been the subject of a number of research reports. UBS Group increased their target price on Regency Centers from $75.00 to $81.00 and gave the stock a “neutral” rating in a research note on Monday, May 18th. Scotiabank upped their price target on shares of Regency Centers from $76.00 to $82.00 and gave the company a “sector perform” rating in a report on Tuesday, March 24th. Weiss Ratings reissued a “buy (b)” rating on shares of Regency Centers in a research report on Friday, May 29th. Citigroup raised their price objective on shares of Regency Centers from $76.00 to $82.00 and gave the stock a “neutral” rating in a report on Tuesday, May 5th. Finally, Truist Financial boosted their price objective on shares of Regency Centers from $77.00 to $84.00 and gave the company a “buy” rating in a research report on Monday, March 2nd. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat.com, Regency Centers has a consensus rating of “Hold” and an average price target of $82.27.
Read Our Latest Report on Regency Centers
Insider Activity
In other Regency Centers news, insider Nicholas Andrew Wibbenmeyer sold 7,927 shares of the stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $79.06, for a total value of $626,708.62. Following the completion of the sale, the insider owned 33,069 shares in the company, valued at $2,614,435.14. This trade represents a 19.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Terah L. Devereaux sold 1,240 shares of the business’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $80.14, for a total transaction of $99,373.60. Following the transaction, the insider owned 17,990 shares in the company, valued at $1,441,718.60. This represents a 6.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 283,782 shares of company stock valued at $22,255,898. 1.00% of the stock is owned by insiders.
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.
Featured Articles
- Five stocks we like better than Regency Centers
- Aehr Spikes on New Order, But Has Stock Gotten Ahead of Itself?
- Rackspace’s AI Land Grab: Plugging Into the Next Compute Boom
- Satellogic Is Tiny But Its Revenue Growth Is Hard to Ignore
- Why Kroger’s Pullback Could Be a Gift for Patient Investors
Want to see what other hedge funds are holding REG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Regency Centers Corporation (NASDAQ:REG – Free Report).
Receive News & Ratings for Regency Centers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Regency Centers and related companies with MarketBeat.com's FREE daily email newsletter.
