Axa S.A. Has $13.33 Million Holdings in Regency Centers Co. (NASDAQ:REG)

AXA S.A. boosted its holdings in shares of Regency Centers Co. (NASDAQ:REG - Free Report) by 5.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 214,378 shares of the company's stock after buying an additional 10,516 shares during the period. AXA S.A. owned about 0.12% of Regency Centers worth $13,334,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Assenagon Asset Management S.A. raised its position in shares of Regency Centers by 3.3% during the second quarter. Assenagon Asset Management S.A. now owns 4,744 shares of the company's stock worth $295,000 after acquiring an additional 152 shares during the last quarter. Naviter Wealth LLC grew its position in Regency Centers by 2.0% during the 1st quarter. Naviter Wealth LLC now owns 10,901 shares of the company's stock worth $667,000 after acquiring an additional 218 shares during the last quarter. V Square Quantitative Management LLC lifted its stake in shares of Regency Centers by 7.6% in the 2nd quarter. V Square Quantitative Management LLC now owns 3,829 shares of the company's stock valued at $238,000 after purchasing an additional 269 shares during the period. SYSTM Wealth Solutions LLC raised its stake in Regency Centers by 13.3% during the first quarter. SYSTM Wealth Solutions LLC now owns 2,303 shares of the company's stock valued at $140,000 after buying an additional 271 shares during the last quarter. Finally, State of Alaska Department of Revenue raised its stake in shares of Regency Centers by 0.3% in the first quarter. State of Alaska Department of Revenue now owns 104,027 shares of the company's stock worth $6,298,000 after purchasing an additional 305 shares during the last quarter. Institutional investors and hedge funds own 96.07% of the company's stock.

Regency Centers Stock Performance

REG traded up $0.53 during trading hours on Friday, hitting $71.45. The company's stock had a trading volume of 781,791 shares, compared to its average volume of 1,075,329. Regency Centers Co. has a fifty-two week low of $56.29 and a fifty-two week high of $75.26. The firm has a market capitalization of $13.20 billion, a PE ratio of 34.85, a PEG ratio of 4.52 and a beta of 1.21. The company has a 50-day simple moving average of $70.81 and a 200 day simple moving average of $64.09. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.65.

Regency Centers (NASDAQ:REG - Get Free Report) last released its earnings results on Thursday, August 1st. The company reported $0.54 earnings per share for the quarter, missing analysts' consensus estimates of $1.02 by ($0.48). Regency Centers had a return on equity of 5.63% and a net margin of 27.60%. The firm had revenue of $357.25 million for the quarter, compared to the consensus estimate of $361.56 million. During the same quarter in the previous year, the firm earned $1.03 EPS. As a group, sell-side analysts expect that Regency Centers Co. will post 4.23 EPS for the current year.

Regency Centers Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 3rd. Investors of record on Thursday, September 12th will be issued a dividend of $0.67 per share. The ex-dividend date of this dividend is Thursday, September 12th. This represents a $2.68 dividend on an annualized basis and a yield of 3.75%. Regency Centers's dividend payout ratio is presently 130.73%.

Analyst Ratings Changes

A number of research firms have weighed in on REG. Evercore ISI lowered Regency Centers from an "outperform" rating to an "inline" rating and lifted their price objective for the company from $72.00 to $75.00 in a research note on Monday, September 16th. Deutsche Bank Aktiengesellschaft cut shares of Regency Centers from a "buy" rating to a "hold" rating and increased their price target for the stock from $70.00 to $75.00 in a report on Thursday. Scotiabank raised their target price on shares of Regency Centers from $65.00 to $75.00 and gave the stock a "sector perform" rating in a research report on Monday, August 26th. Raymond James raised their target price on shares of Regency Centers from $67.00 to $75.00 and gave the company an "outperform" rating in a research note on Friday, August 16th. Finally, Truist Financial boosted their target price on shares of Regency Centers from $70.00 to $78.00 and gave the stock a "buy" rating in a research report on Friday, August 16th. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $76.20.

Insider Activity at Regency Centers

In related news, VP Michael R. Herman sold 1,000 shares of Regency Centers stock in a transaction dated Friday, August 16th. The stock was sold at an average price of $69.57, for a total value of $69,570.00. Following the completion of the transaction, the vice president now owns 13,010 shares in the company, valued at $905,105.70. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In other Regency Centers news, VP Michael R. Herman sold 1,000 shares of the company's stock in a transaction dated Friday, August 16th. The shares were sold at an average price of $69.57, for a total value of $69,570.00. Following the completion of the transaction, the vice president now owns 13,010 shares in the company, valued at $905,105.70. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Chairman Martin E. Stein, Jr. sold 25,000 shares of the stock in a transaction that occurred on Friday, August 2nd. The shares were sold at an average price of $70.00, for a total transaction of $1,750,000.00. Following the completion of the sale, the chairman now directly owns 307,199 shares of the company's stock, valued at approximately $21,503,930. The disclosure for this sale can be found here. 1.00% of the stock is owned by corporate insiders.

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.