290,174 Shares in Regency Centers Corporation $REG Purchased by J. Goldman & Co LP

Key Points

• J. Goldman & Co. LP acquired 290,174 Regency Centers shares worth approximately $23.1 million, while institutional investors collectively own 96.07% of the REIT.
• Analysts maintain a generally positive outlook, with Regency Centers carrying a consensus rating of “Moderate Buy” and an average price target of $83.82.
• The company exceeded quarterly EPS expectations, reporting $1.21 versus a $0.59 estimate, and declared a quarterly dividend of $0.755, equivalent to a 3.9% annualized yield.

J. Goldman & Co LP bought a new position in shares of Regency Centers Corporation (NASDAQ:REG - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 290,174 shares of the company's stock, valued at approximately $23,138,000. J. Goldman & Co LP owned approximately 0.16% of Regency Centers as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. BlackRock Inc. bought a new stake in Regency Centers during the second quarter worth about $1,597,868,000. Norges Bank bought a new stake in shares of Regency Centers during the 4th quarter worth approximately $1,183,667,000. Deutsche Bank AG acquired a new stake in shares of Regency Centers during the 2nd quarter worth approximately $170,282,000. Legal & General Group Plc acquired a new stake in shares of Regency Centers during the 2nd quarter worth approximately $109,394,000. Finally, Hsbc Holdings PLC bought a new position in Regency Centers in the second quarter valued at approximately $108,196,000. 96.07% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Wells Fargo & Company cut their target price on Regency Centers from $90.00 to $88.00 and set an "overweight" rating for the company in a research note on Wednesday, August 19th. UBS Group lifted their price target on Regency Centers from $81.00 to $85.00 and gave the company a "neutral" rating in a research note on Thursday, July 9th. Jefferies Financial Group raised Regency Centers to a "strong-buy" rating in a report on Friday, June 26th. Argus set a $85.00 price objective on Regency Centers in a research report on Monday, August 10th. Finally, Weiss Ratings lowered Regency Centers from a "buy (b+)" rating to a "buy (b)" rating in a research note on Thursday, August 20th. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat.com, Regency Centers presently has an average rating of "Moderate Buy" and a consensus target price of $83.82.

Insider Transactions at Regency Centers

In other Regency Centers news, insider Terah L. Devereaux sold 1,240 shares of the stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $80.14, for a total value of $99,373.60. Following the completion of the transaction, the insider directly owned 17,990 shares in the company, valued at approximately $1,441,718.60. This trade represents a 6.45% 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. 1.00% of the stock is currently owned by insiders.

Regency Centers Stock Performance

Shares of Regency Centers stock opened at $76.72 on Wednesday. The company's 50 day moving average price is $79.20 and its two-hundred day moving average price is $78.23. The firm has a market capitalization of $14.05 billion, a P/E ratio of 26.01, a P/E/G ratio of 3.20 and a beta of 0.80. Regency Centers Corporation has a fifty-two week low of $66.86 and a fifty-two week high of $83.66. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.25 and a quick ratio of 1.25.

Regency Centers (NASDAQ:REG - Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $1.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.62. Regency Centers had a net margin of 34.38% and a return on equity of 8.04%. The company had revenue of $413.51 million during the quarter, compared to the consensus estimate of $411.07 million. During the same period in the prior year, the business earned $1.16 earnings per share. Regency Centers has set its FY 2026 guidance at 4.840-4.880 EPS. On average, equities analysts forecast that Regency Centers Corporation will post 4.86 earnings per share for the current fiscal year.

Regency Centers Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Friday, September 11th will be issued a $0.755 dividend. This represents a $3.02 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend is Friday, September 11th. Regency Centers's dividend payout ratio is presently 102.37%.

About Regency Centers

Regency Centers Corporation is a publicly traded real estate investment trust (REIT) specializing in the ownership, operation and development of grocery-anchored shopping centers. Focused on everyday needs retail, the company's portfolio is strategically concentrated in high-growth, densely populated markets across the United States. By aligning its properties with essential retailers, Regency Centers delivers stable income streams and drives sustained value for shareholders.

Founded in 1963 and headquartered in Jacksonville, Florida, Regency Centers began as a single shopping center developer before evolving into one of the largest owners of grocery-center real estate.

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