Swiss National Bank boosted its position in Regency Centers Corporation (NASDAQ:REG – Free Report) by 7.9% during the first quarter, Holdings Channel.com reports. The institutional investor owned 509,928 shares of the company’s stock after purchasing an additional 37,300 shares during the period. Swiss National Bank’s holdings in Regency Centers were worth $38,581,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors also recently bought and sold shares of REG. Havemeyer Place LP purchased a new position in Regency Centers during the 4th quarter worth approximately $26,000. Hantz Financial Services Inc. boosted its holdings in shares of Regency Centers by 388.9% in the 4th quarter. Hantz Financial Services Inc. now owns 440 shares of the company’s stock valued at $30,000 after acquiring an additional 350 shares during the last quarter. Brown Brothers Harriman & Co. boosted its holdings in shares of Regency Centers by 63.1% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 406 shares of the company’s stock valued at $30,000 after acquiring an additional 157 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new stake in shares of Regency Centers in the second quarter worth $31,000. Finally, MUFG Securities EMEA plc acquired a new stake in shares of Regency Centers in the second quarter worth $34,000. Institutional investors and hedge funds own 96.07% of the company’s stock.
Insiders Place Their Bets
In other news, insider Nicholas Andrew Wibbenmeyer sold 7,927 shares of the stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $79.06, for a total transaction of $626,708.62. Following the transaction, the insider owned 33,069 shares in the company, valued at $2,614,435.14. This trade represents a 19.34% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Terah L. Devereaux sold 1,240 shares of Regency Centers stock in a transaction 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 sale, the insider directly owned 17,990 shares in the company, valued at $1,441,718.60. This represents a 6.45% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 283,782 shares of company stock worth $22,255,898. 1.00% of the stock is owned by corporate insiders.
Analyst Upgrades and Downgrades
Check Out Our Latest Stock Report on REG
Regency Centers Price Performance
NASDAQ:REG opened at $82.22 on Thursday. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.14 and a quick ratio of 2.14. The firm has a market cap of $15.05 billion, a price-to-earnings ratio of 28.35, a price-to-earnings-growth ratio of 3.48 and a beta of 0.80. The company has a 50 day moving average price of $79.14 and a 200-day moving average price of $76.98. Regency Centers Corporation has a 1-year low of $66.86 and a 1-year high of $83.66.
Regency Centers Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Friday, June 12th were paid a dividend of $0.755 per share. This represents a $3.02 annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend was Friday, June 12th. Regency Centers’s dividend payout ratio is presently 104.14%.
Regency Centers Company Profile
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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