Regency Centers Co. (NASDAQ:REG) Stock Position Lowered by Barclays PLC

Barclays PLC lessened its position in shares of Regency Centers Co. (NASDAQ:REG - Free Report) by 28.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 253,052 shares of the company's stock after selling 98,797 shares during the period. Barclays PLC owned approximately 0.14% of Regency Centers worth $18,711,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Heck Capital Advisors LLC purchased a new stake in Regency Centers during the 4th quarter worth $26,000. National Pension Service acquired a new position in shares of Regency Centers during the fourth quarter worth about $27,000. Catalyst Capital Advisors LLC purchased a new stake in shares of Regency Centers in the fourth quarter worth about $54,000. Venturi Wealth Management LLC grew its stake in shares of Regency Centers by 4,400.0% in the fourth quarter. Venturi Wealth Management LLC now owns 855 shares of the company's stock valued at $63,000 after buying an additional 836 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its holdings in shares of Regency Centers by 27.9% during the 4th quarter. Farther Finance Advisors LLC now owns 1,003 shares of the company's stock valued at $74,000 after buying an additional 219 shares during the period. 96.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

REG has been the subject of a number of analyst reports. Wells Fargo & Company decreased their price target on Regency Centers from $80.00 to $79.00 and set an "overweight" rating for the company in a report on Wednesday, March 26th. Evercore ISI decreased their target price on shares of Regency Centers from $78.00 to $77.00 and set an "in-line" rating for the company in a research note on Tuesday, December 24th. Scotiabank lowered their price target on shares of Regency Centers from $80.00 to $76.00 and set a "sector perform" rating for the company in a report on Wednesday. Finally, 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 report on Wednesday, January 8th. Three analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $78.08.

Regency Centers Stock Up 0.4 %

Shares of REG stock traded up $0.31 during trading hours on Wednesday, hitting $72.63. 327,234 shares of the company were exchanged, compared to its average volume of 1,052,806. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.95 and a current ratio of 0.85. The stock has a market capitalization of $13.18 billion, a price-to-earnings ratio of 34.26, a P/E/G ratio of 3.75 and a beta of 1.03. Regency Centers Co. has a one year low of $58.08 and a one year high of $78.18. The business's 50-day simple moving average is $72.25 and its two-hundred day simple moving average is $72.67.

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, topping 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%. Sell-side analysts predict that Regency Centers Co. will post 4.54 EPS for the current fiscal year.

Regency Centers Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Wednesday, March 12th were paid a dividend of $0.705 per share. The ex-dividend date was Wednesday, March 12th. This represents a $2.82 annualized dividend and a yield of 3.88%. Regency Centers's payout ratio is 133.02%.

Insider Buying and Selling

In other news, Chairman Martin E. Stein, Jr. sold 50,000 shares of Regency Centers stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $73.48, for a total transaction of $3,674,000.00. Following the sale, the chairman now owns 110,263 shares of the company's stock, valued at approximately $8,102,125.24. The trade was a 31.20 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 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 transaction, the chief executive officer now directly owns 139,923 shares of the company's stock, valued at $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. Insiders have sold a total of 95,000 shares of company stock worth $6,977,500 over the last quarter. 1.00% of the stock is owned by company insiders.

Regency Centers 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.