Nomura Holdings Inc. Makes New $1.80 Million Investment in Regency Centers Co. (NASDAQ:REG)

Nomura Holdings Inc. purchased a new stake in Regency Centers Co. (NASDAQ:REG - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 24,348 shares of the company's stock, valued at approximately $1,800,000.

Several other large investors have also recently modified their holdings of REG. Smartleaf Asset Management LLC boosted its holdings in Regency Centers by 3.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 4,845 shares of the company's stock valued at $356,000 after acquiring an additional 164 shares during the last quarter. Greenleaf Trust lifted its position in shares of Regency Centers by 3.8% in the 4th quarter. Greenleaf Trust now owns 4,735 shares of the company's stock worth $350,000 after purchasing an additional 172 shares during the period. Farther Finance Advisors LLC boosted its stake in shares of Regency Centers by 27.9% in the 4th quarter. Farther Finance Advisors LLC now owns 1,003 shares of the company's stock valued at $74,000 after purchasing an additional 219 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its stake in shares of Regency Centers by 7.7% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 3,395 shares of the company's stock valued at $251,000 after purchasing an additional 244 shares during the last quarter. Finally, Signaturefd LLC increased its position in shares of Regency Centers by 17.5% during the fourth quarter. Signaturefd LLC now owns 1,757 shares of the company's stock worth $130,000 after buying an additional 262 shares during the period. Institutional investors own 96.07% of the company's stock.

Regency Centers Stock Down 0.1%

NASDAQ:REG traded down $0.09 on Friday, hitting $70.99. The stock had a trading volume of 268,650 shares, compared to its average volume of 1,048,407. 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 $58.19 and a 52 week high of $78.18. The business's fifty day moving average is $71.55 and its 200 day moving average is $72.79. The company has a market cap of $12.89 billion, a PE ratio of 33.51, a P/E/G ratio of 3.75 and a beta of 1.02.

Regency Centers (NASDAQ:REG - Get Free Report) last issued its earnings results on Tuesday, April 29th. The company reported $1.15 earnings per share for the quarter, topping analysts' consensus estimates of $1.14 by $0.01. Regency Centers had a return on equity of 5.91% and a net margin of 27.54%. The company had revenue of $370.35 million for the quarter, compared to analyst estimates of $364.64 million. During the same period in the prior year, the firm earned $1.08 earnings per share. On average, equities research analysts expect that Regency Centers Co. will post 4.54 EPS for the current fiscal year.

Regency Centers Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 2nd. Shareholders of record on Wednesday, June 11th will be paid a $0.705 dividend. This represents a $2.82 dividend on an annualized basis and a dividend yield of 3.97%. The ex-dividend date is Wednesday, June 11th. Regency Centers's dividend payout ratio (DPR) is 133.02%.

Insider Activity

In other Regency Centers news, insider Nicholas Andrew Wibbenmeyer sold 4,158 shares of the firm's stock in a transaction on Wednesday, May 21st. The stock was sold at an average price of $72.44, for a total transaction of $301,205.52. Following the transaction, the insider now directly owns 33,069 shares in the company, valued at approximately $2,395,518.36. This trade represents a 11.17% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman Martin E. Stein, Jr. sold 50,000 shares of the company's stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $73.48, for a total transaction of $3,674,000.00. Following the completion of the sale, the chairman now owns 110,263 shares of the company's stock, valued at approximately $8,102,125.24. The trade was a 31.20% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.00% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. Truist Financial boosted their target price on shares of Regency Centers from $78.00 to $79.00 and gave the company a "buy" rating in a report on Monday. Wells Fargo & Company dropped their price objective 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, Scotiabank decreased their target price on Regency Centers from $76.00 to $75.00 and set a "sector perform" rating for the company in a research note on Monday, May 12th. Three equities research 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 data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average 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.