Candriam Luxembourg S.C.A. increased its position in Regency Centers Corporation (NYSE:REG) by 0.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 23,414 shares of the real estate investment trust’s stock after buying an additional 185 shares during the period. Candriam Luxembourg S.C.A.’s holdings in Regency Centers Corporation were worth $1,467,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the company. Louisiana State Employees Retirement System boosted its stake in shares of Regency Centers Corporation by 1.1% in the second quarter. Louisiana State Employees Retirement System now owns 9,100 shares of the real estate investment trust’s stock worth $570,000 after buying an additional 100 shares during the period. Public Employees Retirement Association of Colorado boosted its stake in shares of Regency Centers Corporation by 0.3% in the second quarter. Public Employees Retirement Association of Colorado now owns 34,078 shares of the real estate investment trust’s stock worth $2,135,000 after buying an additional 118 shares during the period. Somerset Trust Co boosted its stake in shares of Regency Centers Corporation by 6.7% in the second quarter. Somerset Trust Co now owns 5,968 shares of the real estate investment trust’s stock worth $373,000 after buying an additional 377 shares during the period. Oakbrook Investments LLC boosted its stake in shares of Regency Centers Corporation by 11.3% in the first quarter. Oakbrook Investments LLC now owns 6,081 shares of the real estate investment trust’s stock worth $404,000 after buying an additional 619 shares during the period. Finally, HighTower Advisors LLC boosted its stake in shares of Regency Centers Corporation by 16.9% in the first quarter. HighTower Advisors LLC now owns 4,910 shares of the real estate investment trust’s stock worth $326,000 after buying an additional 710 shares during the period. Hedge funds and other institutional investors own 89.37% of the company’s stock.

Regency Centers Corporation (NYSE:REG) opened at 65.11 on Friday. The company’s 50-day moving average price is $64.26 and its 200 day moving average price is $65.21. Regency Centers Corporation has a 12 month low of $58.63 and a 12 month high of $82.44. The firm has a market capitalization of $11.05 billion, a price-to-earnings ratio of 108.16 and a beta of 0.56.

Regency Centers Corporation (NYSE:REG) last posted its earnings results on Thursday, August 3rd. The real estate investment trust reported $0.93 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.90 by $0.03. Regency Centers Corporation had a return on equity of 2.20% and a net margin of 13.19%. The business had revenue of $240.42 million during the quarter, compared to the consensus estimate of $248.50 million. During the same period in the previous year, the business earned $0.81 EPS. Analysts predict that Regency Centers Corporation will post $1.43 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 30th. Stockholders of record on Wednesday, August 16th will be issued a $0.53 dividend. This represents a $2.12 annualized dividend and a dividend yield of 3.26%. The ex-dividend date is Monday, August 14th. Regency Centers Corporation’s payout ratio is currently 353.34%.

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A number of brokerages recently weighed in on REG. TheStreet cut Regency Centers Corporation from a “b” rating to a “c” rating in a research note on Tuesday, May 9th. Jefferies Group LLC restated a “buy” rating and set a $74.00 price objective on shares of Regency Centers Corporation in a research note on Monday, July 17th. Boenning Scattergood restated a “hold” rating on shares of Regency Centers Corporation in a research note on Monday, August 7th. Barclays PLC decreased their price objective on Regency Centers Corporation from $73.00 to $71.00 and set an “equal weight” rating for the company in a research note on Tuesday, July 18th. Finally, BidaskClub lowered Regency Centers Corporation from a “sell” rating to a “strong sell” rating in a research report on Thursday, June 22nd. Eight research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $74.18.

In other news, insider H Craig Ramey sold 1,048 shares of the business’s stock in a transaction dated Friday, June 9th. The stock was sold at an average price of $62.17, for a total value of $65,154.16. Following the completion of the sale, the insider now directly owns 15,769 shares of the company’s stock, valued at approximately $980,358.73. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John C. Schweitzer sold 4,000 shares of the business’s stock in a transaction dated Monday, May 15th. The shares were sold at an average price of $61.13, for a total value of $244,520.00. Following the completion of the sale, the director now directly owns 46,694 shares of the company’s stock, valued at $2,854,404.22. The disclosure for this sale can be found here. 12.66% of the stock is currently owned by insiders.

Regency Centers Corporation Company Profile

Regency Centers Corporation is a real estate investment trust (REIT). The Company is the general partner of Regency Centers, L.P. (the Operating Partnership). The Company is engaged in the ownership, management, leasing, acquisition and development of retail shopping centers through the Operating Partnership.

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Institutional Ownership by Quarter for Regency Centers Corporation (NYSE:REG)

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