Two Sigma Securities LLC Invests $462,000 in Regency Centers Co. (NASDAQ:REG)

Two Sigma Securities LLC acquired a new stake in shares of Regency Centers Co. (NASDAQ:REG - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 6,250 shares of the company's stock, valued at approximately $462,000.

Several other large investors also recently added to or reduced their stakes in REG. Heck Capital Advisors LLC bought a new stake in shares of Regency Centers in the fourth quarter valued at about $26,000. National Pension Service purchased a new stake in Regency Centers during the fourth quarter worth $27,000. TD Waterhouse Canada Inc. increased its holdings in shares of Regency Centers by 48,700.0% in the 4th quarter. TD Waterhouse Canada Inc. now owns 488 shares of the company's stock valued at $36,000 after acquiring an additional 487 shares during the period. Canada Post Corp Registered Pension Plan bought a new position in shares of Regency Centers in the 4th quarter worth $39,000. Finally, Catalyst Capital Advisors LLC purchased a new stake in shares of Regency Centers during the 4th quarter worth $54,000. 96.07% of the stock is owned by hedge funds and other institutional investors.

Regency Centers Trading Down 0.0 %

Shares of NASDAQ:REG opened at $71.42 on Friday. 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 52-week low of $58.08 and a 52-week high of $78.18. The stock has a market cap of $12.96 billion, a price-to-earnings ratio of 33.69, a PEG ratio of 3.75 and a beta of 1.03. The business has a 50-day moving average price of $72.20 and a 200-day moving average price of $72.69.

Regency Centers (NASDAQ:REG - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The company reported $1.09 EPS for the quarter, beating 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 predict that Regency Centers Co. will post 4.54 EPS for the current year.

Regency Centers Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Wednesday, March 12th were paid a dividend of $0.705 per share. The ex-dividend date was Wednesday, March 12th. This represents a $2.82 dividend on an annualized basis and a dividend yield of 3.95%. Regency Centers's payout ratio is currently 133.02%.

Insider Activity

In related news, CEO Lisa Palmer sold 25,000 shares of the stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $73.26, for a total transaction of $1,831,500.00. Following the sale, the chief executive officer now directly owns 139,923 shares of the company's stock, valued at approximately $10,250,758.98. This represents a 15.16 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Chairman Martin E. Stein, Jr. sold 50,000 shares of Regency Centers stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $73.48, for a total transaction of $3,674,000.00. Following the completion of the transaction, the chairman now directly owns 110,263 shares of the company's stock, valued at $8,102,125.24. The trade was a 31.20 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 95,000 shares of company stock valued at $6,977,500 in the last quarter. 1.00% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research firms have issued reports on REG. Mizuho lifted their target price on Regency Centers from $78.00 to $80.00 and gave the company an "outperform" rating in a research note on Wednesday, January 8th. Scotiabank reduced their price objective on shares of Regency Centers from $80.00 to $76.00 and set a "sector perform" rating for the company in a research note on Wednesday. Finally, Wells Fargo & Company lowered their target price on shares of Regency Centers from $80.00 to $79.00 and set an "overweight" rating for the company in a research note on Wednesday, March 26th. Three analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Regency Centers currently has a consensus rating of "Moderate Buy" and a consensus price target of $78.08.

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.

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