Regency Centers Co. (NASDAQ:REG) Position Boosted by Centersquare Investment Management LLC

Centersquare Investment Management LLC raised its holdings in shares of Regency Centers Co. (NASDAQ:REG - Free Report) by 35.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 461,925 shares of the company's stock after acquiring an additional 122,091 shares during the quarter. Centersquare Investment Management LLC owned approximately 0.25% of Regency Centers worth $34,150,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the business. Glenmede Trust Co. NA boosted its holdings in shares of Regency Centers by 4.4% in the third quarter. Glenmede Trust Co. NA now owns 3,382 shares of the company's stock valued at $244,000 after acquiring an additional 141 shares during the period. Coldstream Capital Management Inc. lifted its position in Regency Centers by 4.3% during the 3rd quarter. Coldstream Capital Management Inc. now owns 3,950 shares of the company's stock worth $286,000 after acquiring an additional 163 shares during the period. Smartleaf Asset Management LLC raised its stake in shares of Regency Centers by 3.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 4,845 shares of the company's stock worth $356,000 after purchasing an additional 164 shares during the last quarter. Greenleaf Trust grew its position in Regency Centers by 3.8% in the 4th quarter. Greenleaf Trust now owns 4,735 shares of the company's stock valued at $350,000 after buying an additional 172 shares during the last quarter. Finally, Groupama Asset Managment increased its stake in Regency Centers by 0.8% in the 3rd quarter. Groupama Asset Managment now owns 27,046 shares of the company's stock valued at $1,954,000 after buying an additional 212 shares during the period. Hedge funds and other institutional investors own 96.07% of the company's stock.

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Insider Buying and Selling

In other news, CFO Michael J. Mas sold 20,000 shares of the company's stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $73.60, for a total value of $1,472,000.00. Following the completion of the sale, the chief financial officer now owns 54,020 shares of the company's stock, valued at $3,975,872. This represents a 27.02 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Lisa Palmer sold 25,000 shares of the business's stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $73.26, for a total transaction of $1,831,500.00. Following the transaction, the chief executive officer now directly owns 139,923 shares in the company, valued at approximately $10,250,758.98. The trade was a 15.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 95,000 shares of company stock valued at $6,977,500. 1.00% of the stock is currently owned by company insiders.

Regency Centers Trading Down 1.9 %

Shares of REG stock traded down $1.31 during mid-day trading on Monday, hitting $67.47. 727,410 shares of the company's stock were exchanged, compared to its average volume of 1,062,154. The stock has a market cap of $12.25 billion, a price-to-earnings ratio of 31.63, a PEG ratio of 3.75 and a beta of 1.03. The company has a quick ratio of 0.95, a current ratio of 0.85 and a debt-to-equity ratio of 0.66. Regency Centers Co. has a fifty-two week low of $56.51 and a fifty-two week high of $78.18. The stock has a 50-day simple moving average of $73.23 and a two-hundred day simple moving average of $72.90.

Regency Centers (NASDAQ:REG - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The company reported $1.09 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.61. Regency Centers had a net margin of 27.54% and a return on equity of 5.91%. Equities analysts expect that Regency Centers Co. will post 4.54 EPS for the current fiscal year.

Regency Centers Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 12th were issued a dividend of $0.705 per share. The ex-dividend date of this dividend was Wednesday, March 12th. This represents a $2.82 dividend on an annualized basis and a dividend yield of 4.18%. Regency Centers's payout ratio is 133.02%.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Mizuho lifted their target price on shares of Regency Centers from $78.00 to $80.00 and gave the company an "outperform" rating in a report on Wednesday, January 8th. Evercore ISI dropped their target price on Regency Centers from $78.00 to $77.00 and set an "in-line" rating on the stock in a research report on Tuesday, December 24th. Finally, Wells Fargo & Company reduced their price target on Regency Centers from $80.00 to $79.00 and set an "overweight" rating for the company in a report on Wednesday, March 26th. Three analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $78.00.

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.