Quantitative Systematic Strategies LLC increased its stake in Regency Centers Corp (NYSE:REG) by 232.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 45,290 shares of the real estate investment trust’s stock after buying an additional 31,662 shares during the period. Regency Centers comprises about 0.8% of Quantitative Systematic Strategies LLC’s investment portfolio, making the stock its 27th largest position. Quantitative Systematic Strategies LLC’s holdings in Regency Centers were worth $3,057,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Mn Services Vermogensbeheer B.V. increased its stake in shares of Regency Centers by 8.8% in the fourth quarter. Mn Services Vermogensbeheer B.V. now owns 25,874 shares of the real estate investment trust’s stock worth $1,328,000 after buying an additional 2,100 shares during the last quarter. Capital Investment Advisors LLC increased its stake in shares of Regency Centers by 8.0% in the fourth quarter. Capital Investment Advisors LLC now owns 53,369 shares of the real estate investment trust’s stock worth $3,132,000 after buying an additional 3,958 shares during the last quarter. Bank of New York Mellon Corp increased its stake in shares of Regency Centers by 4.2% in the third quarter. Bank of New York Mellon Corp now owns 1,981,523 shares of the real estate investment trust’s stock worth $128,144,000 after buying an additional 79,055 shares during the last quarter. Pensionfund Sabic bought a new stake in shares of Regency Centers in the fourth quarter worth $1,320,000. Finally, Raymond James & Associates increased its stake in shares of Regency Centers by 1.7% in the fourth quarter. Raymond James & Associates now owns 102,746 shares of the real estate investment trust’s stock worth $6,029,000 after buying an additional 1,737 shares during the last quarter. Institutional investors and hedge funds own 93.87% of the company’s stock.

A number of equities analysts have commented on REG shares. Citigroup set a $75.00 price objective on shares of Regency Centers and gave the stock a “buy” rating in a report on Friday, February 22nd. SunTrust Banks reaffirmed a “buy” rating and issued a $70.00 price objective on shares of Regency Centers in a report on Friday, February 22nd. Zacks Investment Research raised shares of Regency Centers from a “hold” rating to a “buy” rating and set a $71.00 price objective for the company in a report on Tuesday, January 29th. Jefferies Financial Group reaffirmed a “hold” rating and issued a $66.00 price objective on shares of Regency Centers in a report on Monday, December 17th. Finally, BMO Capital Markets set a $64.00 price objective on shares of Regency Centers and gave the stock a “hold” rating in a report on Thursday, February 14th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $69.23.

In other news, Chairman Martin E. Stein, Jr. sold 50,000 shares of the business’s stock in a transaction on Wednesday, February 27th. The shares were sold at an average price of $64.92, for a total transaction of $3,246,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Alan Todd Roth sold 1,658 shares of the business’s stock in a transaction on Monday, March 18th. The shares were sold at an average price of $65.15, for a total transaction of $108,018.70. Following the transaction, the insider now directly owns 11,001 shares of the company’s stock, valued at approximately $716,715.15. The disclosure for this sale can be found here. In the last three months, insiders have sold 101,941 shares of company stock valued at $6,633,625. Corporate insiders own 1.10% of the company’s stock.

Shares of REG traded down $0.47 during midday trading on Monday, hitting $68.39. 384,910 shares of the stock traded hands, compared to its average volume of 824,647. Regency Centers Corp has a 1-year low of $55.38 and a 1-year high of $69.01. The company has a market cap of $11.33 billion, a price-to-earnings ratio of 18.49, a price-to-earnings-growth ratio of 2.50 and a beta of 0.37. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.87 and a current ratio of 0.87.

Regency Centers (NYSE:REG) last announced its quarterly earnings results on Wednesday, February 13th. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.94 by ($0.48). Regency Centers had a net margin of 23.19% and a return on equity of 3.86%. The firm had revenue of $277.07 million for the quarter, compared to analyst estimates of $269.96 million. During the same period last year, the firm posted $0.92 EPS. Analysts predict that Regency Centers Corp will post 3.78 EPS for the current year.

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About Regency Centers

Regency Centers is the preeminent national owner, operator, and developer of shopping centers located in affluent and densely populated trade areas. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers.

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

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