Regency Centers Corp (NYSE:REG) Vice Chairman Chaim Katzman sold 47,230 shares of the firm’s stock in a transaction on Tuesday, January 16th. The shares were sold at an average price of $64.32, for a total value of $3,037,833.60. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

Chaim Katzman also recently made the following trade(s):

  • On Thursday, January 11th, Chaim Katzman sold 204,602 shares of Regency Centers stock. The stock was sold at an average price of $64.90, for a total value of $13,278,669.80.

Regency Centers Corp (NYSE REG) opened at $64.21 on Thursday. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.63 and a quick ratio of 0.63. Regency Centers Corp has a 1 year low of $58.63 and a 1 year high of $72.05. The firm has a market capitalization of $10,920.00, a price-to-earnings ratio of 71.34, a P/E/G ratio of 2.09 and a beta of 0.58.

Regency Centers (NYSE:REG) last released its quarterly earnings results on Wednesday, November 1st. The real estate investment trust reported $0.95 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.91 by $0.04. Regency Centers had a return on equity of 2.82% and a net margin of 17.59%. The business had revenue of $262.14 million during the quarter, compared to analyst estimates of $254.04 million. During the same quarter last year, the company posted $0.81 EPS. research analysts expect that Regency Centers Corp will post 3.7 earnings per share for the current fiscal year.

Several large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its position in shares of Regency Centers by 0.5% in the 2nd quarter. Vanguard Group Inc. now owns 25,977,087 shares of the real estate investment trust’s stock valued at $1,627,206,000 after purchasing an additional 125,593 shares during the period. Principal Financial Group Inc. boosted its position in shares of Regency Centers by 3.9% in the 3rd quarter. Principal Financial Group Inc. now owns 5,156,883 shares of the real estate investment trust’s stock valued at $319,928,000 after purchasing an additional 193,020 shares during the period. Cbre Clarion Securities LLC boosted its position in shares of Regency Centers by 9.0% in the 2nd quarter. Cbre Clarion Securities LLC now owns 4,059,624 shares of the real estate investment trust’s stock valued at $254,295,000 after purchasing an additional 334,961 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Regency Centers by 2.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,362,134 shares of the real estate investment trust’s stock valued at $146,547,000 after purchasing an additional 54,832 shares during the period. Finally, PGGM Investments boosted its position in shares of Regency Centers by 4.9% in the 3rd quarter. PGGM Investments now owns 2,309,000 shares of the real estate investment trust’s stock valued at $143,250,000 after purchasing an additional 107,000 shares during the period. Institutional investors and hedge funds own 92.41% of the company’s stock.

REG has been the topic of a number of research analyst reports. Zacks Investment Research raised Regency Centers from a “hold” rating to a “buy” rating and set a $72.00 target price on the stock in a report on Tuesday, November 7th. Jefferies Group set a $69.00 target price on Regency Centers and gave the stock a “hold” rating in a report on Friday, December 15th. Boenning Scattergood reaffirmed a “hold” rating on shares of Regency Centers in a report on Monday, November 6th. SunTrust Banks reaffirmed a “buy” rating and set a $74.00 target price on shares of Regency Centers in a report on Friday, December 1st. Finally, Robert W. Baird reaffirmed a “buy” rating on shares of Regency Centers in a report on Friday, November 3rd. Seven analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $71.23.

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Regency Centers 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.

Insider Buying and Selling by Quarter for Regency Centers (NYSE:REG)

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