Jupiter Topco LLC Purchases New Position in Regency Centers Corporation $REG

Jupiter Topco LLC acquired a new position in shares of Regency Centers Corporation (NASDAQ:REGFree Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 31,688 shares of the company’s stock, valued at approximately $2,527,000.

Other hedge funds have also recently modified their holdings of the company. Havemeyer Place LP purchased a new stake in Regency Centers in the fourth quarter valued at $26,000. Hantz Financial Services Inc. grew its holdings in shares of Regency Centers by 388.9% during the fourth quarter. Hantz Financial Services Inc. now owns 440 shares of the company’s stock worth $30,000 after purchasing an additional 350 shares during the last quarter. Brown Brothers Harriman & Co. increased its position in shares of Regency Centers by 63.1% during the third quarter. Brown Brothers Harriman & Co. now owns 406 shares of the company’s stock worth $30,000 after purchasing an additional 157 shares in the last quarter. CYBER HORNET ETFs LLC acquired a new stake in shares of Regency Centers during the second quarter worth about $31,000. Finally, MUFG Securities EMEA plc purchased a new stake in shares of Regency Centers in the 2nd quarter valued at about $34,000. 96.07% of the stock is owned by hedge funds and other institutional investors.

Regency Centers Price Performance

Regency Centers stock opened at $75.81 on Thursday. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.25 and a quick ratio of 1.25. The business has a 50 day simple moving average of $78.94 and a 200-day simple moving average of $78.22. Regency Centers Corporation has a 12 month low of $66.86 and a 12 month high of $83.66. The stock has a market capitalization of $13.88 billion, a PE ratio of 25.70, a price-to-earnings-growth ratio of 4.52 and a beta of 0.79.

Regency Centers (NASDAQ:REGGet Free Report) last posted 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 firm had revenue of $413.51 million for the quarter, compared to analyst estimates of $411.07 million. Regency Centers had a net margin of 34.38% and a return on equity of 8.04%. During the same period last year, the firm posted $1.16 EPS. Regency Centers has set its FY 2026 guidance at 4.840-4.880 EPS. Equities analysts predict that Regency Centers Corporation will post 4.86 earnings per share for the current year.

Regency Centers Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Friday, September 11th will be paid a dividend of $0.755 per share. This represents a $3.02 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date is Friday, September 11th. Regency Centers’s payout ratio is 102.37%.

Insider Transactions at Regency Centers

In related news, insider Terah L. Devereaux sold 1,240 shares of the stock in a transaction dated 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 $1,441,718.60. This represents a 6.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. 1.00% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft cut Regency Centers from a “buy” rating to a “hold” rating and set a $85.00 target price for the company. in a research report on Friday, May 29th. Wells Fargo & Company cut their price target on Regency Centers from $90.00 to $88.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 19th. Raymond James Financial reiterated an “outperform” rating and issued a $88.00 price objective on shares of Regency Centers in a research note on Monday, June 29th. Weiss Ratings downgraded Regency Centers from a “buy (b+)” rating to a “buy (b)” rating in a report on Thursday, August 20th. Finally, Evercore set a $83.00 target price on shares of Regency Centers in a research report on Thursday, July 30th. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $83.82.

View Our Latest Analysis on REG

About Regency Centers

(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.

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

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