Aviva PLC boosted its stake in shares of Regency Centers Corporation (NYSE:REG) by 4.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 92,877 shares of the real estate investment trust’s stock after buying an additional 4,250 shares during the period. Aviva PLC owned about 0.05% of Regency Centers Corporation worth $5,820,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of REG. Victory Capital Management Inc. purchased a new position in Regency Centers Corporation during the first quarter valued at $176,000. Global X Management Co. LLC purchased a new position in Regency Centers Corporation during the second quarter valued at $179,000. Parametrica Management Ltd purchased a new position in Regency Centers Corporation during the second quarter valued at $222,000. Cleararc Capital Inc. purchased a new position in Regency Centers Corporation during the first quarter valued at $236,000. Finally, Keybank National Association OH purchased a new position in Regency Centers Corporation during the first quarter valued at $248,000. Institutional investors own 91.52% of the company’s stock.

Shares of Regency Centers Corporation (NYSE:REG) opened at 64.32 on Friday. The firm has a 50 day moving average of $65.25 and a 200-day moving average of $64.72. The stock has a market capitalization of $10.92 billion, a P/E ratio of 106.84 and a beta of 0.56. Regency Centers Corporation has a 12 month low of $58.63 and a 12 month high of $82.44.

Regency Centers Corporation (NYSE:REG) last posted its quarterly earnings data on Thursday, August 3rd. The real estate investment trust reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.90 by $0.03. The company had revenue of $240.42 million for the quarter, compared to analyst estimates of $248.50 million. Regency Centers Corporation had a net margin of 13.19% and a return on equity of 2.20%. During the same quarter last year, the firm posted $0.81 earnings per share. Analysts forecast that Regency Centers Corporation will post $0.92 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 30th. Stockholders of record on Wednesday, August 16th were paid a dividend of $0.53 per share. The ex-dividend date was Monday, August 14th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 3.30%. Regency Centers Corporation’s dividend payout ratio is currently 353.34%.

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REG has been the topic of a number of research analyst reports. Robert W. Baird reissued a “buy” rating and issued a $72.00 price target on shares of Regency Centers Corporation in a research note on Thursday, August 24th. Zacks Investment Research downgraded shares of Regency Centers Corporation from a “buy” rating to a “hold” rating in a research note on Wednesday, August 16th. BidaskClub downgraded shares of Regency Centers Corporation from a “sell” rating to a “strong sell” rating in a research note on Thursday, June 22nd. Argus reduced their price target on shares of Regency Centers Corporation from $80.00 to $75.00 and set a “buy” rating on the stock in a research note on Thursday. Finally, TheStreet raised shares of Regency Centers Corporation from a “c” rating to a “b-” rating in a research note on Thursday, August 3rd. Six analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $73.80.

In other news, Director Mary Lou Fiala sold 7,775 shares of Regency Centers Corporation stock in a transaction that occurred on Wednesday, August 23rd. The shares were sold at an average price of $65.74, for a total transaction of $511,128.50. Following the sale, the director now owns 17,145 shares in the company, valued at $1,127,112.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider H Craig Ramey sold 1,048 shares of Regency Centers Corporation stock in a transaction that occurred on Friday, June 9th. The shares were sold at an average price of $62.17, for a total transaction of $65,154.16. Following the sale, the insider now owns 15,769 shares in the company, valued at approximately $980,358.73. The disclosure for this sale can be found here. Company insiders own 12.66% of the company’s stock.

About Regency Centers Corporation

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.

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

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