300,043 Shares in Regency Centers Corporation $REG Bought by Miller Howard Investments Inc. NY

Miller Howard Investments Inc. NY acquired a new stake in Regency Centers Corporation (NASDAQ:REG) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 300,043 shares of the company’s stock, valued at approximately $21,567,000. Miller Howard Investments Inc. NY owned approximately 0.16% of Regency Centers as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Inspire Investing LLC lifted its stake in Regency Centers by 0.6% in the first quarter. Inspire Investing LLC now owns 22,480 shares of the company’s stock worth $1,701,000 after purchasing an additional 141 shares during the last quarter. Tema ETFs LLC grew its stake in shares of Regency Centers by 7.1% during the second quarter. Tema ETFs LLC now owns 2,184 shares of the company’s stock valued at $174,000 after buying an additional 145 shares during the last quarter. Lansforsakringar Fondforvaltning AB publ grew its stake in shares of Regency Centers by 0.3% during the first quarter. Lansforsakringar Fondforvaltning AB publ now owns 53,961 shares of the company’s stock valued at $4,083,000 after buying an additional 168 shares during the last quarter. Somerset Trust Co grew its stake in shares of Regency Centers by 5.5% during the second quarter. Somerset Trust Co now owns 3,422 shares of the company’s stock valued at $273,000 after buying an additional 177 shares during the last quarter. Finally, GAMMA Investing LLC grew its stake in shares of Regency Centers by 5.4% during the second quarter. GAMMA Investing LLC now owns 5,311 shares of the company’s stock valued at $423,000 after buying an additional 270 shares during the last quarter. Institutional investors own 96.07% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Barclays lowered their target price on Regency Centers from $92.00 to $85.00 and set an “overweight” rating for the company in a research note on Monday, September 28th. Griffin Securities set a $81.00 price target on Regency Centers in a research report on Monday, September 21st. Argus set a $85.00 price target on Regency Centers in a research report on Monday, August 10th. Morgan Stanley decreased their price target on Regency Centers from $88.00 to $87.00 and set an “overweight” rating on the stock in a research note on Monday, October 5th. Finally, JPMorgan Chase & Co. upgraded Regency Centers from a “neutral” rating to an “overweight” rating and set a $83.00 price objective for the company in a research report on Thursday, September 24th. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, Regency Centers currently has a consensus rating of “Moderate Buy” and a consensus price target of $83.00.

Regency Centers Trading Down 0.4%

Shares of REG opened at $73.67 on Tuesday. The stock has a market capitalization of $13.49 billion, a P/E ratio of 24.97, a PEG ratio of 4.43 and a beta of 0.80. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.71. The firm has a fifty day simple moving average of $73.88 and a two-hundred day simple moving average of $76.50. Regency Centers Corporation has a twelve month low of $66.86 and a twelve month high of $83.66.

Regency Centers (NASDAQ:REG) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $1.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.59 by $0.62. Regency Centers had a net margin of 34.38% and a return on equity of 8.04%. The business had revenue of $413.51 million for the quarter, compared to analyst estimates of $411.07 million. During the same quarter last year, the firm earned $1.16 EPS. 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 Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 2nd. Investors of record on Friday, September 11th were paid a $0.7550 dividend. The ex-dividend date of this dividend was Friday, September 11th. This represents a $3.02 annualized dividend and a dividend yield of 4.1%. Regency Centers’s dividend payout ratio (DPR) is presently 102.37%.

Regency Centers Company Profile

Regency Centers Corporation is a real estate investment trust that owns, operates, develops and redevelops grocery-anchored shopping centers in the United States. Its properties are designed to serve everyday consumer needs and typically include supermarkets, restaurants, service providers, retailers and other commercial tenants.

The company focuses primarily on high-quality shopping centers located in established and growing communities, often in affluent or densely populated trade areas.