VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Regency Centers Corporation (NASDAQ:REG – Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 160,645 shares of the company’s stock, valued at approximately $12,810,000. VIRGINIA RETIREMENT SYSTEMS ET Al owned approximately 0.09% of Regency Centers as of its most recent filing with the SEC.
Several other large investors also recently modified their holdings of the stock. California State Teachers Retirement System grew its holdings in Regency Centers by 6,154.1% in the second quarter. California State Teachers Retirement System now owns 20,380,109 shares of the company’s stock worth $1,625,110,000 after purchasing an additional 20,054,241 shares during the period. BlackRock Inc. acquired a new position in shares of Regency Centers during the second quarter valued at about $1,597,868,000. Norges Bank acquired a new position in shares of Regency Centers during the fourth quarter valued at about $1,183,667,000. Deutsche Bank AG bought a new position in shares of Regency Centers during the 2nd quarter worth about $170,282,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Regency Centers by 18,982.4% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,953,088 shares of the company’s stock worth $155,739,000 after purchasing an additional 1,942,853 shares in the last quarter. Institutional investors and hedge funds own 96.07% of the company’s stock.
Insider Transactions at Regency Centers
In other news, insider Terah 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 value of $99,373.60. Following the completion of the sale, 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 sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.00% of the stock is owned by corporate insiders.
Regency Centers Stock Performance
Regency Centers (NASDAQ:REG – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $1.21 EPS for the quarter, topping analysts’ consensus estimates of $0.59 by $0.62. The firm had revenue of $413.51 million during the quarter, compared to analyst estimates of $411.07 million. Regency Centers had a return on equity of 8.04% and a net margin of 34.38%.During the same period in the previous year, the company posted $1.16 EPS. Regency Centers has set its FY 2026 guidance at 4.840-4.880 EPS. As a group, research analysts predict that Regency Centers Corporation will post 4.86 earnings per share for the current fiscal year.
Regency Centers Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Friday, September 11th will be paid a dividend of $0.755 per share. The ex-dividend date is Friday, September 11th. This represents a $3.02 annualized dividend and a yield of 4.0%. Regency Centers’s dividend payout ratio (DPR) is 102.37%.
Analysts Set New Price Targets
A number of analysts recently commented on the company. Raymond James Financial reaffirmed an “outperform” rating and issued a $88.00 target price on shares of Regency Centers in a research report on Monday, June 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 report on Wednesday, August 19th. Barclays raised their price objective on Regency Centers from $90.00 to $92.00 and gave the company an “overweight” rating in a research note on Monday, August 17th. Evercore set a $83.00 price objective on Regency Centers in a report on Thursday, July 30th. Finally, LADENBURG THALM/SH SH upped their target price on Regency Centers from $83.00 to $85.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat.com, Regency Centers has an average rating of “Moderate Buy” and a consensus price target of $83.82.
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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