Versor Investments LP Boosts Stake in Regency Centers Co. (NASDAQ:REG)

Versor Investments LP grew its holdings in Regency Centers Co. (NASDAQ:REG - Free Report) by 145.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,778 shares of the company's stock after acquiring an additional 10,533 shares during the quarter. Versor Investments LP's holdings in Regency Centers were worth $1,314,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in REG. Heck Capital Advisors LLC acquired a new position in shares of Regency Centers in the 4th quarter valued at $26,000. National Pension Service bought a new position in shares of Regency Centers in the fourth quarter valued at about $27,000. Catalyst Capital Advisors LLC bought a new stake in shares of Regency Centers in the fourth quarter valued at about $54,000. Venturi Wealth Management LLC grew its position in shares of Regency Centers by 4,400.0% during the 4th quarter. Venturi Wealth Management LLC now owns 855 shares of the company's stock worth $63,000 after purchasing an additional 836 shares in the last quarter. Finally, Quest Partners LLC lifted its position in shares of Regency Centers by 84.8% during the 3rd quarter. Quest Partners LLC now owns 937 shares of the company's stock valued at $68,000 after acquiring an additional 430 shares during the period. Institutional investors and hedge funds own 96.07% of the company's stock.

Regency Centers Price Performance

NASDAQ REG traded up $1.04 on Monday, reaching $77.74. The company had a trading volume of 1,364,129 shares, compared to its average volume of 972,516. The firm's 50 day moving average price is $72.75 and its 200 day moving average price is $72.80. Regency Centers Co. has a 12 month low of $56.51 and a 12 month high of $77.92. The stock has a market capitalization of $14.10 billion, a PE ratio of 36.67, a price-to-earnings-growth ratio of 3.75 and a beta of 1.21. 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 (NASDAQ:REG - Get Free Report) last released its earnings results on Thursday, February 6th. The company reported $1.09 EPS for the quarter, beating analysts' consensus estimates of $0.48 by $0.61. Regency Centers had a return on equity of 5.91% and a net margin of 27.54%. As a group, equities analysts predict that Regency Centers Co. will post 4.54 earnings per share for the current year.

Regency Centers Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 12th will be issued a dividend of $0.705 per share. The ex-dividend date of this dividend is Wednesday, March 12th. This represents a $2.82 annualized dividend and a dividend yield of 3.63%. Regency Centers's dividend payout ratio (DPR) is currently 133.02%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on REG shares. Mizuho lifted their price target 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. Wells Fargo & Company cut their price target on shares of Regency Centers from $81.00 to $80.00 and set an "overweight" rating on the stock in a research report on Wednesday, January 29th. BTIG Research raised their price target on shares of Regency Centers from $72.00 to $79.00 and gave the stock a "buy" rating in a report on Wednesday, November 27th. Evercore ISI decreased their price target on shares of Regency Centers from $78.00 to $77.00 and set an "in-line" rating for the company in a research note on Tuesday, December 24th. Finally, JPMorgan Chase & Co. upped their target price on shares of Regency Centers from $77.00 to $80.00 and gave the stock an "overweight" rating in a research note on Monday, November 4th. Three investment 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 stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $78.08.

Insider Transactions at Regency Centers

In related news, CFO Michael J. Mas sold 20,000 shares of the stock in a transaction that occurred on 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 approximately $3,975,872. This trade represents a 27.02 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Lisa Palmer sold 25,000 shares of Regency Centers stock in a transaction dated 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 $10,250,758.98. This trade represents a 15.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.00% of the company's stock.

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.