National Planning Corp reduced its stake in shares of Regency Centers Corporation (NYSE:REG) by 2.3% during the second quarter, Holdings Channel reports. The institutional investor owned 5,092 shares of the real estate investment trust’s stock after selling 120 shares during the period. National Planning Corp’s holdings in Regency Centers Corporation were worth $325,000 as of its most recent filing with the SEC.

Several other institutional investors also recently added to or reduced their stakes in the stock. Schwab Charles Investment Management Inc. increased its position in Regency Centers Corporation by 10.9% in the second quarter. Schwab Charles Investment Management Inc. now owns 1,478,636 shares of the real estate investment trust’s stock valued at $92,622,000 after buying an additional 145,812 shares in the last quarter. Canada Pension Plan Investment Board increased its position in Regency Centers Corporation by 31.1% in the second quarter. Canada Pension Plan Investment Board now owns 173,624 shares of the real estate investment trust’s stock valued at $10,876,000 after buying an additional 41,226 shares in the last quarter. Global X Management Co. LLC bought a new position in Regency Centers Corporation during the second quarter valued at approximately $179,000. Retirement Systems of Alabama increased its position in Regency Centers Corporation by 0.5% in the second quarter. Retirement Systems of Alabama now owns 70,918 shares of the real estate investment trust’s stock valued at $4,442,000 after buying an additional 327 shares in the last quarter. Finally, Candriam Luxembourg S.C.A. increased its position in Regency Centers Corporation by 0.8% in the second quarter. Candriam Luxembourg S.C.A. now owns 23,414 shares of the real estate investment trust’s stock valued at $1,467,000 after buying an additional 185 shares in the last quarter. Hedge funds and other institutional investors own 88.89% of the company’s stock.

Shares of Regency Centers Corporation (REG) opened at 65.92 on Tuesday. The company has a market cap of $11.19 billion, a PE ratio of 109.50 and a beta of 0.56. The company’s 50-day moving average is $64.40 and its 200 day moving average is $65.10. Regency Centers Corporation has a 52-week low of $58.63 and a 52-week high of $82.44.

Regency Centers Corporation (NYSE:REG) last announced its quarterly earnings data on Thursday, August 3rd. The real estate investment trust reported $0.93 earnings per share for the quarter, topping the 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 company had revenue of $240.42 million during the quarter, compared to analyst estimates of $248.50 million. During the same quarter last year, the firm posted $0.81 EPS. On average, analysts anticipate that Regency Centers Corporation will post $1.23 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 30th. Investors of record on Wednesday, August 16th will be issued a $0.53 dividend. This represents a $2.12 annualized dividend and a yield of 3.22%. The ex-dividend date of this dividend is Monday, August 14th. Regency Centers Corporation’s dividend payout ratio (DPR) is currently 353.34%.

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Several equities analysts have commented on the stock. Citigroup Inc. set a $70.00 price objective on shares of Regency Centers Corporation and gave the company a “hold” rating in a report on Monday. Boenning Scattergood reiterated a “hold” rating on shares of Regency Centers Corporation in a report on Monday, August 7th. TheStreet upgraded shares of Regency Centers Corporation from a “c” rating to a “b-” rating in a report on Thursday, August 3rd. BidaskClub upgraded shares of Regency Centers Corporation from a “hold” rating to a “buy” rating in a report on Tuesday, August 1st. Finally, Barclays PLC decreased their price objective on shares of Regency Centers Corporation from $73.00 to $71.00 and set an “equal weight” rating on the stock in a report on Tuesday, July 18th. Eight analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $74.45.

In other Regency Centers Corporation news, insider H Craig Ramey sold 1,048 shares of Regency Centers Corporation stock in a transaction dated Friday, June 9th. The stock was sold at an average price of $62.17, for a total transaction of $65,154.16. Following the completion of the transaction, the insider now owns 15,769 shares of the company’s stock, valued at approximately $980,358.73. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 12.66% of the company’s stock.

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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