Asset Management One Co. Ltd. Increases Stock Holdings in Regency Centers Co. (NASDAQ:REG)

Asset Management One Co. Ltd. grew its holdings in Regency Centers Co. (NASDAQ:REG - Free Report) by 3.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 366,702 shares of the company's stock after acquiring an additional 13,863 shares during the period. Asset Management One Co. Ltd. owned about 0.20% of Regency Centers worth $26,487,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in Regency Centers by 18.7% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 312,155 shares of the company's stock valued at $18,904,000 after buying an additional 49,188 shares during the last quarter. Price T Rowe Associates Inc. MD grew its holdings in Regency Centers by 10.7% in the first quarter. Price T Rowe Associates Inc. MD now owns 9,048,753 shares of the company's stock valued at $547,995,000 after purchasing an additional 873,062 shares during the period. DekaBank Deutsche Girozentrale raised its position in shares of Regency Centers by 14.1% in the 1st quarter. DekaBank Deutsche Girozentrale now owns 116,726 shares of the company's stock worth $6,998,000 after buying an additional 14,410 shares during the period. CANADA LIFE ASSURANCE Co lifted its position in Regency Centers by 5.3% during the first quarter. CANADA LIFE ASSURANCE Co now owns 309,182 shares of the company's stock valued at $18,725,000 after buying an additional 15,621 shares in the last quarter. Finally, Entropy Technologies LP acquired a new stake in Regency Centers in the 1st quarter valued at $1,429,000. Institutional investors and hedge funds own 96.07% of the company's stock.

Analyst Ratings Changes

REG has been the topic of a number of recent analyst reports. Compass Point upped their target price on Regency Centers from $75.00 to $80.00 and gave the company a "buy" rating in a research report on Tuesday, September 10th. Robert W. Baird raised their target price on shares of Regency Centers from $71.00 to $78.00 and gave the company an "outperform" rating in a research note on Thursday, October 31st. Scotiabank lifted their target price on Regency Centers from $65.00 to $75.00 and gave the stock a "sector perform" rating in a report on Monday, August 26th. Deutsche Bank Aktiengesellschaft cut shares of Regency Centers from a "buy" rating to a "hold" rating and boosted their price target for the company from $70.00 to $75.00 in a report on Thursday, September 26th. Finally, Mizuho increased their price target on Regency Centers from $67.00 to $73.00 and gave the company an "outperform" rating in a report on Monday, August 19th. Two analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, Regency Centers presently has a consensus rating of "Buy" and an average price target of $76.92.

Insider Activity

In other news, VP Michael R. Herman sold 1,000 shares of Regency Centers stock in a transaction that occurred on Friday, August 16th. The stock was sold at an average price of $69.57, for a total value of $69,570.00. Following the sale, the vice president now directly owns 13,010 shares in the company, valued at approximately $905,105.70. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.00% of the company's stock.

Regency Centers Stock Up 1.2 %

Shares of REG traded up $0.88 on Tuesday, reaching $73.16. The company's stock had a trading volume of 924,909 shares, compared to its average volume of 1,091,502. Regency Centers Co. has a twelve month low of $56.51 and a twelve month high of $75.26. The stock has a market capitalization of $13.28 billion, a PE ratio of 34.35, a PEG ratio of 4.44 and a beta of 1.21. The firm has a fifty day moving average of $72.16 and a 200-day moving average of $66.37. The company has a current ratio of 0.95, 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 quarterly earnings results on Monday, October 28th. The company reported $0.54 EPS for the quarter, missing analysts' consensus estimates of $1.04 by ($0.50). Regency Centers had a net margin of 27.78% and a return on equity of 5.85%. The firm had revenue of $360.27 million for the quarter, compared to analysts' expectations of $355.17 million. During the same quarter last year, the firm earned $1.02 earnings per share. Equities analysts predict that Regency Centers Co. will post 4.24 EPS for the current year.

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.