Regency Centers Corporation $REG Shares Bought by Tredje AP fonden

Tredje AP fonden boosted its holdings in shares of Regency Centers Corporation (NASDAQ:REG) by 248.1% in the 4th quarter, Holdings Channel.com reports. The fund owned 10,206 shares of the company’s stock after buying an additional 7,274 shares during the quarter. Tredje AP fonden’s holdings in Regency Centers were worth $705,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brown Brothers Harriman & Co. increased its stake in Regency Centers by 63.1% during the third quarter. Brown Brothers Harriman & Co. now owns 406 shares of the company’s stock worth $30,000 after acquiring an additional 157 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new stake in Regency Centers during the second quarter worth $31,000. MUFG Securities EMEA plc acquired a new stake in Regency Centers during the second quarter worth $34,000. EverSource Wealth Advisors LLC increased its stake in Regency Centers by 233.3% during the second quarter. EverSource Wealth Advisors LLC now owns 570 shares of the company’s stock worth $41,000 after acquiring an additional 399 shares during the last quarter. Finally, Advisory Services Network LLC acquired a new stake in Regency Centers during the third quarter worth $48,000. Institutional investors and hedge funds own 96.07% of the company’s stock.

Insider Buying and Selling at Regency Centers

In related news, insider Nicholas Andrew Wibbenmeyer sold 7,927 shares of the business’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $79.06, for a total transaction of $626,708.62. Following the completion of the transaction, the insider directly owned 33,069 shares of the company’s stock, valued at $2,614,435.14. The trade was a 19.34% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Chairman Martin E. Stein, Jr. sold 274,615 shares of the business’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $78.40, for a total value of $21,529,816.00. The SEC filing for this sale provides additional information. Insiders have sold a total of 460,032 shares of company stock valued at $35,996,456 over the last three months. 1.00% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research firms have issued reports on REG. Evercore set a $80.00 target price on Regency Centers in a research note on Friday, May 1st. Weiss Ratings raised Regency Centers from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, February 17th. Barclays lifted their price objective on Regency Centers from $85.00 to $90.00 and gave the company an “overweight” rating in a research note on Tuesday, May 12th. Robert W. Baird set a $84.00 price objective on Regency Centers in a research note on Tuesday, February 10th. Finally, Citigroup lifted their price objective on Regency Centers from $76.00 to $82.00 and gave the company a “neutral” rating in a research note on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat.com, Regency Centers presently has a consensus rating of “Hold” and an average price target of $81.71.

Regency Centers Trading Up 0.5%

Shares of NASDAQ REG opened at $77.74 on Thursday. Regency Centers Corporation has a twelve month low of $66.86 and a twelve month high of $81.66. The company has a current ratio of 2.14, a quick ratio of 2.14 and a debt-to-equity ratio of 0.72. The stock has a fifty day simple moving average of $77.61 and a 200-day simple moving average of $73.81. The stock has a market capitalization of $14.23 billion, a PE ratio of 26.81, a PEG ratio of 3.28 and a beta of 0.82.

Regency Centers Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Stockholders of record on Friday, June 12th will be paid a $0.755 dividend. The ex-dividend date of this dividend is Friday, June 12th. This represents a $3.02 dividend on an annualized basis and a dividend yield of 3.9%. Regency Centers’s payout ratio is presently 104.14%.

Regency Centers Company Profile

Regency Centers Corporation is a publicly traded real estate investment trust (REIT) specializing in the ownership, operation and development of grocery-anchored shopping centers. Focused on everyday needs retail, the company’s portfolio is strategically concentrated in high-growth, densely populated markets across the United States. By aligning its properties with essential retailers, Regency Centers delivers stable income streams and drives sustained value for shareholders.

Founded in 1963 and headquartered in Jacksonville, Florida, Regency Centers began as a single shopping center developer before evolving into one of the largest owners of grocery-center real estate.