Swedbank AB Has $13.82 Million Stock Holdings in Regency Centers Co. (NASDAQ:REG)

Swedbank AB lifted its position in shares of Regency Centers Co. (NASDAQ:REG - Free Report) by 7.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 191,283 shares of the company's stock after buying an additional 13,043 shares during the period. Swedbank AB owned about 0.10% of Regency Centers worth $13,816,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Fidelis Capital Partners LLC bought a new stake in Regency Centers during the first quarter worth about $27,000. Quest Partners LLC raised its holdings in Regency Centers by 25,250.0% during the second quarter. Quest Partners LLC now owns 507 shares of the company's stock worth $32,000 after acquiring an additional 505 shares in the last quarter. Family Firm Inc. bought a new stake in Regency Centers during the second quarter worth about $44,000. Livforsakringsbolaget Skandia Omsesidigt raised its holdings in Regency Centers by 300.0% during the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 800 shares of the company's stock worth $58,000 after acquiring an additional 600 shares in the last quarter. Finally, Blue Trust Inc. raised its holdings 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 acquiring an additional 716 shares in the last quarter. 96.07% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

REG has been the topic of several analyst reports. Raymond James upped their target price on Regency Centers from $67.00 to $75.00 and gave the stock an "outperform" rating in a report on Friday, August 16th. Evercore ISI lowered Regency Centers from an "outperform" rating to an "inline" rating and upped their price objective for the company from $72.00 to $75.00 in a research note on Monday, September 16th. Compass Point upped their price objective on Regency Centers from $75.00 to $80.00 and gave the company a "buy" rating in a research note on Tuesday, September 10th. JPMorgan Chase & Co. upped their price objective on Regency Centers from $71.00 to $77.00 and gave the company an "overweight" rating in a research note on Thursday, August 8th. Finally, Scotiabank upped their price objective on Regency Centers from $65.00 to $75.00 and gave the company a "sector perform" rating in a research note on Monday, August 26th. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $76.20.

Insider Buying and Selling

In related news, Chairman Martin E. Stein, Jr. sold 25,000 shares of the stock in a transaction that occurred on Friday, August 2nd. The stock was sold at an average price of $70.00, for a total transaction of $1,750,000.00. Following the sale, the chairman now 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 filing with the SEC, which is available through the SEC website. In related news, VP Michael R. Herman sold 1,000 shares of the stock in a transaction that occurred on Friday, August 16th. The stock was sold at an average price of $69.57, for a total transaction of $69,570.00. Following the sale, the vice president now owns 13,010 shares of the company's stock, valued at $905,105.70. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Chairman Martin E. Stein, Jr. sold 25,000 shares of the 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 sale, the chairman now directly owns 307,199 shares in the company, valued at $21,503,930. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 1.00% of the stock is currently owned by company insiders.

Regency Centers Price Performance

Shares of NASDAQ REG opened at $72.00 on Friday. The firm has a market cap of $13.07 billion, a P/E ratio of 34.45, a price-to-earnings-growth ratio of 4.40 and a beta of 1.21. 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 Co. has a 1-year low of $56.51 and a 1-year high of $75.26. The business's 50 day moving average is $71.80 and its 200-day moving average is $65.16.

Regency Centers (NASDAQ:REG - Get Free Report) last announced 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). The firm had revenue of $357.25 million for the quarter, compared to the consensus estimate of $361.56 million. Regency Centers had a return on equity of 5.63% and a net margin of 27.60%. During the same quarter last year, the business posted $1.03 EPS. Equities research analysts predict that Regency Centers Co. will post 4.24 earnings per share for the current year.

Regency Centers Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 3rd. Investors of record on Thursday, September 12th were given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 3.72%. The ex-dividend date was Thursday, September 12th. Regency Centers's dividend payout ratio is currently 128.23%.

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.