Barclays PLC Sells 10,961 Shares of Regency Centers Co. (NASDAQ:REG)

Barclays PLC lowered its position in shares of Regency Centers Co. (NASDAQ:REG - Free Report) by 3.0% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 351,849 shares of the company's stock after selling 10,961 shares during the period. Barclays PLC owned about 0.19% of Regency Centers worth $25,413,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. State Street Corp raised its stake in shares of Regency Centers by 1.1% during the third quarter. State Street Corp now owns 11,768,052 shares of the company's stock valued at $857,892,000 after acquiring an additional 131,300 shares during the last quarter. Principal Financial Group Inc. increased its holdings in Regency Centers by 4.2% in the second quarter. Principal Financial Group Inc. now owns 8,922,988 shares of the company's stock valued at $555,009,000 after purchasing an additional 357,091 shares during the period. Dimensional Fund Advisors LP raised its position in Regency Centers by 4.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,641,921 shares of the company's stock worth $164,327,000 after purchasing an additional 117,368 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Regency Centers by 3.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,312,535 shares of the company's stock worth $167,034,000 after buying an additional 71,278 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Regency Centers by 1,138.5% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,075,753 shares of the company's stock valued at $149,932,000 after buying an additional 1,908,153 shares during the last quarter. Institutional investors and hedge funds own 96.07% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Wells Fargo & Company raised their price objective on Regency Centers from $69.00 to $79.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 28th. JPMorgan Chase & Co. raised their price target on shares of Regency Centers from $77.00 to $80.00 and gave the stock an "overweight" rating in a report on Monday, November 4th. Evercore ISI raised shares of Regency Centers from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, October 29th. KeyCorp began coverage on shares of Regency Centers in a research report on Friday, October 25th. They set an "overweight" rating and a $80.00 price objective for the company. Finally, Compass Point boosted their target price on shares of Regency Centers from $75.00 to $80.00 and gave the company a "buy" rating in a report on Tuesday, September 10th. Two equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, Regency Centers currently has a consensus rating of "Buy" and a consensus price target of $77.08.

Regency Centers Stock Up 0.1 %

Shares of NASDAQ REG traded up $0.06 during trading on Friday, hitting $75.37. The stock had a trading volume of 919,515 shares, compared to its average volume of 1,098,453. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.95 and a quick ratio of 0.95. The firm has a fifty day moving average of $73.17 and a two-hundred day moving average of $69.35. Regency Centers Co. has a 12 month low of $56.51 and a 12 month high of $76.53. The company has a market capitalization of $13.68 billion, a PE ratio of 35.38, a PEG ratio of 4.09 and a beta of 1.22.

Regency Centers (NASDAQ:REG - Get Free Report) last issued its quarterly earnings data on Monday, October 28th. The company reported $0.54 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.04 by ($0.50). Regency Centers had a return on equity of 5.85% and a net margin of 27.78%. The firm had revenue of $360.27 million during the quarter, compared to the consensus estimate of $355.17 million. During the same period in the previous year, the company posted $1.02 earnings per share. As a group, equities research analysts forecast that Regency Centers Co. will post 4.28 EPS for the current fiscal year.

Regency Centers Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 3rd. Stockholders of record on Monday, December 16th will be paid a dividend of $0.705 per share. This represents a $2.82 dividend on an annualized basis and a dividend yield of 3.74%. This is a boost from Regency Centers's previous quarterly dividend of $0.67. The ex-dividend date is Monday, December 16th. Regency Centers's payout ratio is presently 132.39%.

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.