Aew Capital Management L P Lowers Stock Position in Regency Centers Co. (NASDAQ:REG)

Aew Capital Management L P decreased its position in shares of Regency Centers Co. (NASDAQ:REG - Free Report) by 99.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,800 shares of the company's stock after selling 632,522 shares during the quarter. Aew Capital Management L P's holdings in Regency Centers were worth $133,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of REG. Glenmede Trust Co. NA increased its position in Regency Centers by 4.4% in the 3rd quarter. Glenmede Trust Co. NA now owns 3,382 shares of the company's stock valued at $244,000 after acquiring an additional 141 shares during the period. Coldstream Capital Management Inc. grew its stake in shares of Regency Centers by 4.3% in the third quarter. Coldstream Capital Management Inc. now owns 3,950 shares of the company's stock worth $286,000 after purchasing an additional 163 shares during the last quarter. Greenleaf Trust increased its holdings in Regency Centers by 3.8% in the fourth quarter. Greenleaf Trust now owns 4,735 shares of the company's stock valued at $350,000 after purchasing an additional 172 shares during the period. Groupama Asset Managment raised its position in Regency Centers by 0.8% during the 3rd quarter. Groupama Asset Managment now owns 27,046 shares of the company's stock worth $1,954,000 after purchasing an additional 212 shares during the last quarter. Finally, Ballentine Partners LLC lifted its holdings in Regency Centers by 9.4% during the 4th quarter. Ballentine Partners LLC now owns 3,178 shares of the company's stock worth $235,000 after buying an additional 272 shares during the period. Institutional investors own 96.07% of the company's stock.

Insider Transactions at Regency Centers

In other Regency Centers news, CFO Michael J. Mas sold 20,000 shares of the business's stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $73.60, for a total transaction of $1,472,000.00. Following the completion of the sale, the chief financial officer now directly owns 54,020 shares of the company's stock, valued at approximately $3,975,872. The trade was a 27.02 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Lisa Palmer sold 25,000 shares of the stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $73.26, for a total value of $1,831,500.00. Following the completion of the sale, the chief executive officer now directly owns 139,923 shares of the company's stock, valued at approximately $10,250,758.98. This trade represents a 15.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.00% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on REG shares. JPMorgan Chase & Co. increased their price target on Regency Centers from $77.00 to $80.00 and gave the company an "overweight" rating in a research note on Monday, November 4th. Wells Fargo & Company reduced their target price on Regency Centers from $81.00 to $80.00 and set an "overweight" rating on the stock in a report on Wednesday, January 29th. BTIG Research raised their price target on shares of Regency Centers from $72.00 to $79.00 and gave the stock a "buy" rating in a report on Wednesday, November 27th. Mizuho upped their price objective on shares of Regency Centers from $78.00 to $80.00 and gave the company an "outperform" rating in a research note on Wednesday, January 8th. Finally, Evercore ISI decreased their price objective on shares of Regency Centers from $78.00 to $77.00 and set an "in-line" rating for the company in a research report on Tuesday, December 24th. Three research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, Regency Centers currently has a consensus rating of "Moderate Buy" and an average target price of $78.08.

Regency Centers Stock Up 0.8 %

NASDAQ REG traded up $0.64 on Monday, hitting $77.34. 735,853 shares of the company were exchanged, compared to its average volume of 956,354. The company has a current ratio of 0.85, a quick ratio of 0.95 and a debt-to-equity ratio of 0.66. The company has a market cap of $14.03 billion, a PE ratio of 36.50, a PEG ratio of 3.75 and a beta of 1.21. The stock has a fifty day moving average of $72.75 and a 200-day moving average of $72.80. Regency Centers Co. has a 12 month low of $56.51 and a 12 month high of $77.92.

Regency Centers (NASDAQ:REG - Get Free Report) last issued its earnings results on Thursday, February 6th. The company reported $1.09 EPS for the quarter, beating the consensus estimate of $0.48 by $0.61. Regency Centers had a return on equity of 5.91% and a net margin of 27.54%. As a group, analysts forecast that Regency Centers Co. will post 4.54 earnings per share for the current year.

Regency Centers Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 12th will be given a dividend of $0.705 per share. This represents a $2.82 dividend on an annualized basis and a dividend yield of 3.65%. The ex-dividend date is Wednesday, March 12th. Regency Centers's payout ratio is 133.02%.

Regency Centers Company Profile

Regency Centers is a preeminent national owner, operator, and developer of shopping centers located in suburban trade areas with compelling demographics. 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.