Dimensional Fund Advisors LP Purchases 20,497 Shares of Regency Centers Co. (NASDAQ:REG)

Dimensional Fund Advisors LP lifted its position in shares of Regency Centers Co. (NASDAQ:REG - Free Report) by 0.8% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,692,029 shares of the company's stock after buying an additional 20,497 shares during the quarter. Dimensional Fund Advisors LP owned about 1.48% of Regency Centers worth $199,019,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Sanctuary Advisors LLC raised its holdings in Regency Centers by 26.3% in the 3rd quarter. Sanctuary Advisors LLC now owns 9,817 shares of the company's stock valued at $729,000 after acquiring an additional 2,042 shares in the last quarter. World Investment Advisors LLC bought a new stake in Regency Centers during the third quarter worth about $782,000. Tidal Investments LLC grew its stake in Regency Centers by 17.8% during the third quarter. Tidal Investments LLC now owns 7,417 shares of the company's stock worth $536,000 after buying an additional 1,120 shares in the last quarter. Franklin Resources Inc. increased its holdings in Regency Centers by 6.3% in the 3rd quarter. Franklin Resources Inc. now owns 278,647 shares of the company's stock valued at $19,703,000 after buying an additional 16,617 shares during the period. Finally, JPMorgan Chase & Co. raised its position in shares of Regency Centers by 4.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 11,090,347 shares of the company's stock valued at $801,056,000 after buying an additional 435,932 shares in the last quarter. Institutional investors own 96.07% of the company's stock.

Regency Centers Trading Up 0.1 %

NASDAQ REG traded up $0.10 during trading hours on Monday, reaching $71.52. The company's stock had a trading volume of 177,400 shares, compared to its average volume of 1,048,087. The stock has a market cap of $12.98 billion, a P/E ratio of 33.81, a P/E/G ratio of 3.75 and a beta of 1.03. The firm has a fifty day simple moving average of $72.20 and a 200-day simple moving average of $72.71. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.85 and a quick ratio of 0.95. Regency Centers Co. has a 52 week low of $58.08 and a 52 week high of $78.18.

Regency Centers (NASDAQ:REG - Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The company reported $1.09 EPS for the quarter, topping 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%. Equities analysts forecast that Regency Centers Co. will post 4.54 earnings per share for the current fiscal year.

Regency Centers Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 12th were paid a $0.705 dividend. This represents a $2.82 dividend on an annualized basis and a dividend yield of 3.94%. The ex-dividend date of this dividend was Wednesday, March 12th. Regency Centers's dividend payout ratio is 133.02%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on REG shares. Scotiabank decreased their price objective on shares of Regency Centers from $80.00 to $76.00 and set a "sector perform" rating on the stock in a research note on Wednesday, April 23rd. Wells Fargo & Company decreased their price target on Regency Centers from $80.00 to $79.00 and set an "overweight" rating on the stock in a research note on Wednesday, March 26th. Finally, Mizuho upped their price objective on Regency Centers from $78.00 to $80.00 and gave the stock an "outperform" rating in a research report on Wednesday, January 8th. Three equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $78.08.

Insider Activity

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

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.