Capital Fund Management S.A. Invests $2.66 Million in Regency Centers Co. (NASDAQ:REG)

Capital Fund Management S.A. acquired a new position in shares of Regency Centers Co. (NASDAQ:REG - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 35,981 shares of the company's stock, valued at approximately $2,660,000.

Other institutional investors have also recently modified their holdings of the company. Norges Bank purchased a new stake in shares of Regency Centers during the fourth quarter worth about $1,262,425,000. JPMorgan Chase & Co. grew its stake in Regency Centers by 0.5% in the 4th quarter. JPMorgan Chase & Co. now owns 11,141,771 shares of the company's stock worth $823,711,000 after acquiring an additional 51,424 shares during the period. Principal Financial Group Inc. raised its holdings in Regency Centers by 4.2% in the 4th quarter. Principal Financial Group Inc. now owns 9,182,664 shares of the company's stock valued at $678,873,000 after acquiring an additional 366,427 shares during the last quarter. Invesco Ltd. lifted its stake in shares of Regency Centers by 121.2% during the 4th quarter. Invesco Ltd. now owns 5,374,450 shares of the company's stock worth $397,333,000 after purchasing an additional 2,944,854 shares during the period. Finally, Geode Capital Management LLC boosted its holdings in shares of Regency Centers by 1.9% during the fourth quarter. Geode Capital Management LLC now owns 4,568,525 shares of the company's stock worth $336,955,000 after purchasing an additional 86,644 shares during the last quarter. 96.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

REG has been the topic of several recent analyst reports. Mizuho increased their target price on Regency Centers from $78.00 to $80.00 and gave the stock an "outperform" rating in a research report on Wednesday, January 8th. Wells Fargo & Company decreased their target price on shares of Regency Centers from $80.00 to $79.00 and set an "overweight" rating on the stock in a research report on Wednesday, March 26th. Finally, Evercore ISI dropped their price target 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 stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $78.00.

Regency Centers Stock Up 2.1 %

Shares of NASDAQ REG traded up $1.45 during trading on Friday, reaching $71.66. 635,249 shares of the stock were exchanged, compared to its average volume of 1,058,661. The company has a market capitalization of $13.01 billion, a price-to-earnings ratio of 33.80, a price-to-earnings-growth ratio of 3.75 and a beta of 1.03. The business's 50-day moving average price is $72.44 and its 200 day moving average price is $72.65. The company has a quick ratio of 0.95, a current ratio of 0.85 and a debt-to-equity ratio of 0.66. Regency Centers Co. has a twelve month low of $56.94 and a twelve month high of $78.18.

Regency Centers (NASDAQ:REG - Get Free Report) last posted 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 net margin of 27.54% and a return on equity of 5.91%. As a group, equities analysts forecast that Regency Centers Co. will post 4.54 EPS for the current fiscal year.

Regency Centers Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 12th were issued a dividend of $0.705 per share. This represents a $2.82 dividend on an annualized basis and a dividend yield of 3.94%. The ex-dividend date was Wednesday, March 12th. Regency Centers's dividend payout ratio (DPR) is 133.02%.

Insider Activity at Regency Centers

In other news, Chairman Martin E. Stein, Jr. sold 50,000 shares of the company's stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $73.48, for a total value of $3,674,000.00. Following the completion of the sale, the chairman now owns 110,263 shares in the company, valued at $8,102,125.24. This represents a 31.20 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CFO Michael J. Mas sold 20,000 shares of Regency Centers stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $73.60, for a total value of $1,472,000.00. Following the transaction, the chief financial officer now directly owns 54,020 shares in the company, valued at approximately $3,975,872. The trade was a 27.02 % 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 ninety days. 1.00% of the stock is currently owned by corporate insiders.

About Regency Centers

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.