Regency Centers Co. (NASDAQ:REG) Shares Bought by SG Americas Securities LLC

SG Americas Securities LLC raised its stake in shares of Regency Centers Co. (NASDAQ:REG - Free Report) by 5.3% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 147,411 shares of the company's stock after buying an additional 7,375 shares during the period. SG Americas Securities LLC owned about 0.08% of Regency Centers worth $10,647,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of REG. Fidelis Capital Partners LLC acquired a new stake in Regency Centers during the first quarter valued at $27,000. Quest Partners LLC increased its stake in shares of Regency Centers by 25,250.0% in the 2nd quarter. Quest Partners LLC now owns 507 shares of the company's stock valued at $32,000 after purchasing an additional 505 shares in the last quarter. Family Firm Inc. acquired a new position in Regency Centers in the 2nd quarter worth about $44,000. Blue Trust Inc. boosted its position in Regency Centers by 582.1% during the second quarter. Blue Trust Inc. now owns 839 shares of the company's stock worth $51,000 after purchasing an additional 716 shares in the last quarter. Finally, EntryPoint Capital LLC acquired a new stake in Regency Centers in the first quarter valued at approximately $52,000. Institutional investors and hedge funds own 96.07% of the company's stock.

Regency Centers Trading Down 0.2 %

NASDAQ:REG traded down $0.16 during trading hours on Friday, reaching $70.85. 523,654 shares of the stock were exchanged, compared to its average volume of 1,115,383. Regency Centers Co. has a twelve month low of $56.51 and a twelve month high of $75.26. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.65. The business has a 50-day moving average of $71.41 and a two-hundred day moving average of $64.47. The company has a market capitalization of $13.09 billion, a price-to-earnings ratio of 34.56, a PEG ratio of 4.45 and a beta of 1.21.

Regency Centers (NASDAQ:REG - Get Free Report) last posted its quarterly earnings data on Thursday, August 1st. The company reported $0.54 EPS for the quarter, missing the consensus estimate of $1.02 by ($0.48). Regency Centers had a net margin of 27.60% and a return on equity of 5.63%. The business had revenue of $357.25 million during the quarter, compared to analysts' expectations of $361.56 million. During the same period in the previous year, the business posted $1.03 EPS. On average, equities analysts predict that Regency Centers Co. will post 4.24 EPS for the current year.

Regency Centers Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 3rd. Investors of record on Thursday, September 12th were paid a $0.67 dividend. The ex-dividend date of this dividend was Thursday, September 12th. This represents a $2.68 dividend on an annualized basis and a yield of 3.78%. Regency Centers's dividend payout ratio is currently 130.73%.

Insider Buying and Selling

In related news, Chairman Martin E. Stein, Jr. sold 25,000 shares of the business's stock in a transaction 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 transaction, the chairman now owns 307,199 shares in the company, valued at approximately $21,503,930. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, Chairman Martin E. Stein, Jr. sold 25,000 shares of the company's stock in a transaction that occurred on Friday, August 2nd. The stock was sold at an average price of $70.00, for a total value of $1,750,000.00. Following the completion of the transaction, the chairman now directly owns 307,199 shares of the company's stock, valued at $21,503,930. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Michael R. Herman sold 1,000 shares of the stock in a transaction that occurred on Friday, August 16th. The shares were sold at an average price of $69.57, for a total transaction 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. This represents a 0.00 % 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

A number of analysts have recently commented on the stock. Raymond James boosted their target price on shares of Regency Centers from $67.00 to $75.00 and gave the stock an "outperform" rating in a research note on Friday, August 16th. Compass Point boosted their price objective on Regency Centers from $75.00 to $80.00 and gave the stock a "buy" rating in a research note on Tuesday, September 10th. Scotiabank increased their target price on Regency Centers from $65.00 to $75.00 and gave the company a "sector perform" rating in a report on Monday, August 26th. Wells Fargo & Company lifted their price target on Regency Centers from $69.00 to $79.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 28th. Finally, Evercore ISI cut Regency Centers from an "outperform" rating to an "inline" rating and boosted their price target for the stock from $72.00 to $75.00 in a research report on Monday, September 16th. Three analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat, Regency Centers currently has an average rating of "Moderate Buy" and a consensus price target of $76.20.

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.