Inceptionr LLC Has $329,000 Holdings in Regency Centers Co. (NASDAQ:REG)

Inceptionr LLC lowered its position in shares of Regency Centers Co. (NASDAQ:REG - Free Report) by 76.8% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,454 shares of the company's stock after selling 14,734 shares during the quarter. Inceptionr LLC's holdings in Regency Centers were worth $329,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of REG. US Bancorp DE lifted its holdings in shares of Regency Centers by 8.8% during the third quarter. US Bancorp DE now owns 8,036 shares of the company's stock worth $580,000 after buying an additional 647 shares in the last quarter. Crossmark Global Holdings Inc. lifted its holdings in shares of Regency Centers by 7.9% during the third quarter. Crossmark Global Holdings Inc. now owns 9,486 shares of the company's stock worth $685,000 after buying an additional 696 shares in the last quarter. Versor Investments LP bought a new position in shares of Regency Centers in the third quarter worth $523,000. Entropy Technologies LP bought a new position in shares of Regency Centers in the third quarter worth $591,000. Finally, OVERSEA CHINESE BANKING Corp Ltd increased its position in shares of Regency Centers by 25.2% in the third quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 68,631 shares of the company's stock worth $4,957,000 after purchasing an additional 13,812 shares during the period. Institutional investors and hedge funds own 96.07% of the company's stock.

Insider Transactions at Regency Centers

In related news, CFO Michael J. Mas sold 20,000 shares of Regency Centers stock in a transaction that occurred on 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 of the company's stock, valued at $3,975,872. The trade was a 27.02 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Lisa Palmer sold 25,000 shares of Regency Centers 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 in the company, valued at approximately $10,250,758.98. This represents a 15.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.00% of the company's stock.

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Regency Centers Price Performance

Regency Centers stock traded down $0.02 during midday trading on Monday, reaching $73.94. The company's stock had a trading volume of 1,048,546 shares, compared to its average volume of 1,010,784. The stock has a market cap of $13.41 billion, a PE ratio of 34.88, a price-to-earnings-growth ratio of 3.75 and a beta of 1.23. 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 business has a 50-day moving average price of $72.93 and a 200-day moving average price of $73.02. Regency Centers Co. has a 52 week low of $51.88 and a 52 week high of $78.18.

Regency Centers (NASDAQ:REG - Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The company reported $1.09 earnings per share 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%. On average, sell-side analysts predict that Regency Centers Co. will post 4.54 EPS for the current year.

Regency Centers Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 12th will be issued a dividend of $0.705 per share. This represents a $2.82 annualized dividend and a dividend yield of 3.81%. The ex-dividend date is Wednesday, March 12th. Regency Centers's dividend payout ratio (DPR) is currently 133.02%.

Analyst Upgrades and Downgrades

REG has been the topic of a number of recent analyst reports. Mizuho raised their price target on Regency Centers from $78.00 to $80.00 and gave the stock an "outperform" rating in a research report on Wednesday, January 8th. BTIG Research raised their price target on Regency Centers from $72.00 to $79.00 and gave the stock a "buy" rating in a research report on Wednesday, November 27th. Evercore ISI decreased their price target on Regency Centers from $78.00 to $77.00 and set an "in-line" rating on the stock in a research report on Tuesday, December 24th. Finally, Wells Fargo & Company decreased their price target on Regency Centers from $81.00 to $80.00 and set an "overweight" rating on the stock in a research report on Wednesday, January 29th. Three 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. According to MarketBeat.com, Regency Centers presently has a consensus rating of "Moderate Buy" and a consensus target price of $78.08.

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.