Caisse DE Depot ET Placement DU Quebec increased its stake in Regency Centers Corporation (NYSE:REG) by 71.9% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 15,300 shares of the real estate investment trust’s stock after buying an additional 6,400 shares during the period. Caisse DE Depot ET Placement DU Quebec’s holdings in Regency Centers Corporation were worth $1,017,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in Regency Centers Corporation by 59.5% in the first quarter. Vanguard Group Inc. now owns 25,851,494 shares of the real estate investment trust’s stock valued at $1,716,282,000 after buying an additional 9,643,138 shares during the last quarter. APG Asset Management US Inc. raised its position in Regency Centers Corporation by 15.3% in the first quarter. APG Asset Management US Inc. now owns 5,163,000 shares of the real estate investment trust’s stock valued at $342,772,000 after buying an additional 684,300 shares during the last quarter. Principal Financial Group Inc. raised its position in Regency Centers Corporation by 82.4% in the first quarter. Principal Financial Group Inc. now owns 4,940,581 shares of the real estate investment trust’s stock valued at $328,071,000 after buying an additional 2,231,928 shares during the last quarter. Boston Partners raised its position in Regency Centers Corporation by 12.8% in the first quarter. Boston Partners now owns 4,034,624 shares of the real estate investment trust’s stock valued at $267,859,000 after buying an additional 457,149 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its position in Regency Centers Corporation by 30.3% in the first quarter. Bank of New York Mellon Corp now owns 4,022,881 shares of the real estate investment trust’s stock valued at $267,079,000 after buying an additional 934,895 shares during the last quarter. 86.94% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of Regency Centers Corporation (REG) opened at 61.07 on Friday. The stock’s 50 day moving average is $61.67 and its 200-day moving average is $66.29. Regency Centers Corporation has a 1-year low of $58.63 and a 1-year high of $85.35. The stock has a market cap of $10.37 billion, a price-to-earnings ratio of 105.29 and a beta of 0.59.

Regency Centers Corporation (NYSE:REG) last posted its earnings results on Tuesday, May 9th. The real estate investment trust reported $0.90 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.83 by $0.07. Regency Centers Corporation had a return on equity of 2.75% and a net margin of 13.68%. The firm had revenue of $189.43 million during the quarter, compared to analyst estimates of $185.43 million. During the same period in the previous year, the company earned $0.86 EPS. On average, analysts anticipate that Regency Centers Corporation will post $1.15 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Wednesday, May 31st. Investors of record on Monday, May 22nd were issued a $0.53 dividend. This is a positive change from Regency Centers Corporation’s previous quarterly dividend of $0.51. This represents a $2.12 annualized dividend and a yield of 3.47%. The ex-dividend date was Thursday, May 18th. Regency Centers Corporation’s payout ratio is 316.42%.

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Several research analysts recently commented on REG shares. TheStreet lowered shares of Regency Centers Corporation from a “b” rating to a “c” rating in a report on Tuesday, May 9th. Jefferies Group LLC restated a “hold” rating and issued a $72.00 price target on shares of Regency Centers Corporation in a report on Monday, April 24th. Zacks Investment Research lowered shares of Regency Centers Corporation from a “buy” rating to a “hold” rating in a report on Monday, March 27th. BidaskClub lowered shares of Regency Centers Corporation from a “sell” rating to a “strong sell” rating in a report on Thursday. Finally, Citigroup Inc. restated a “neutral” rating and issued a $72.00 price target on shares of Regency Centers Corporation in a report on Thursday, March 2nd. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $74.90.

In related news, insider H Craig Ramey sold 1,048 shares of the business’s stock in a transaction that occurred on 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 in the company, valued at approximately $980,358.73. The transaction was disclosed in a filing with the SEC, 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 that occurred on Monday, May 15th. The stock was 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 owns 46,694 shares of the company’s stock, valued at $2,854,404.22. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 5,798 shares of company stock valued at $359,504. Corporate 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.

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