Regency Centers (NYSE:REG)‘s stock had its “hold” rating reissued by research analysts at BMO Capital Markets in a research report issued on Tuesday. They presently have a $65.00 price objective on the real estate investment trust’s stock. BMO Capital Markets’ target price would indicate a potential upside of 2.56% from the stock’s current price.

Other research analysts have also issued research reports about the company. ValuEngine upgraded Regency Centers from a “sell” rating to a “hold” rating in a research report on Friday, June 22nd. Citigroup boosted their price target on Regency Centers from $66.00 to $67.00 and gave the stock a “neutral” rating in a research report on Friday, August 17th. TheStreet upgraded Regency Centers from a “c+” rating to a “b-” rating in a research report on Friday, July 27th. Deutsche Bank upgraded Regency Centers from a “hold” rating to a “buy” rating and boosted their price target for the stock from $70.00 to $72.00 in a research report on Tuesday, August 28th. Finally, Jefferies Financial Group reiterated a “hold” rating and set a $67.00 price target on shares of Regency Centers in a research report on Wednesday, August 15th. Six equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $68.82.

NYSE:REG opened at $63.38 on Tuesday. Regency Centers has a 12-month low of $54.87 and a 12-month high of $70.64. The company has a market cap of $10.84 billion, a P/E ratio of 17.18, a P/E/G ratio of 2.41 and a beta of 0.40. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.58.

Regency Centers (NYSE:REG) last released its quarterly earnings data on Thursday, August 2nd. The real estate investment trust reported $0.28 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.34 by ($0.06). Regency Centers had a net margin of 22.90% and a return on equity of 3.83%. The company had revenue of $274.53 million for the quarter, compared to analyst estimates of $269.18 million. During the same quarter in the prior year, the firm earned $0.93 EPS. equities analysts expect that Regency Centers will post 3.79 EPS for the current fiscal year.

In other news, insider H Craig Ramey sold 1,365 shares of the business’s stock in a transaction on Tuesday, August 7th. The stock was sold at an average price of $63.27, for a total value of $86,363.55. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Nicholas Andrew Wibbenmeyer sold 2,095 shares of the business’s stock in a transaction on Monday, September 10th. The stock was sold at an average price of $65.81, for a total value of $137,871.95. Following the completion of the sale, the insider now directly owns 2,086 shares in the company, valued at approximately $137,279.66. The disclosure for this sale can be found here. Insiders have sold a total of 8,260 shares of company stock valued at $532,456 in the last quarter. 1.10% of the stock is currently owned by insiders.

Institutional investors and hedge funds have recently bought and sold shares of the company. Piedmont Investment Advisors LLC bought a new stake in shares of Regency Centers in the 2nd quarter worth $107,000. Gideon Capital Advisors Inc. bought a new stake in shares of Regency Centers in the 2nd quarter worth $202,000. Brown Advisory Inc. bought a new stake in shares of Regency Centers in the 1st quarter worth $206,000. WINTON GROUP Ltd bought a new stake in shares of Regency Centers in the 1st quarter worth $207,000. Finally, HRT Financial LLC bought a new stake in shares of Regency Centers in the 2nd quarter worth $210,000. 93.39% of the stock is currently owned by institutional investors.

Regency Centers Company Profile

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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Analyst Recommendations for Regency Centers (NYSE:REG)

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