657,246 Shares in Regency Centers Corporation $REG Bought by Bank of America Corp DE

Key Points

• Bank of America acquired 657,246 Regency Centers shares in the second quarter, valued at approximately $52.4 million and representing about 0.36% of the company. Institutional investors collectively own 96.07% of REG.
• Regency Centers reported quarterly earnings of $1.21 per share, exceeding the $0.59 consensus estimate, while revenue of $413.51 million slightly surpassed expectations. The company maintained fiscal 2026 EPS guidance of $4.84–$4.88.
• The company declared a quarterly dividend of $0.755 per share, equivalent to a 4.1% annualized yield. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $83.76, compared with the stock’s reported $72.95 opening price.

Bank of America Corp DE bought a new position in shares of Regency Centers Corporation (NASDAQ:REG - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 657,246 shares of the company's stock, valued at approximately $52,409,000. Bank of America Corp DE owned about 0.36% of Regency Centers at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. Caisse de depot et placement du Quebec bought a new stake in Regency Centers during the 2nd quarter valued at approximately $861,000. Man Group plc acquired a new position in Regency Centers during the second quarter worth $597,000. Jupiter Topco LLC acquired a new stake in shares of Regency Centers during the 2nd quarter worth about $2,527,000. J. Goldman & Co LP bought a new position in shares of Regency Centers in the second quarter valued at approximately $23,138,000. Finally, Hsbc Holdings PLC bought a new position in Regency Centers in the 2nd quarter valued at $108,196,000. 96.07% of the stock is currently owned by institutional investors.

Regency Centers Price Performance

Shares of NASDAQ REG opened at $72.95 on Monday. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.25 and a quick ratio of 1.25. The business has a 50-day moving average of $77.58 and a 200-day moving average of $77.99. The stock has a market capitalization of $13.36 billion, a price-to-earnings ratio of 24.73, a PEG ratio of 4.33 and a beta of 0.79. Regency Centers Corporation has a fifty-two week low of $66.86 and a fifty-two week high of $83.66.

Regency Centers (NASDAQ:REG - Get Free Report) last released its earnings results on Wednesday, July 29th. The company reported $1.21 earnings per share for the quarter, beating 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 business had revenue of $413.51 million during the quarter, compared to analysts' expectations of $411.07 million. During the same period last year, the business earned $1.16 earnings per share. Regency Centers has set its FY 2026 guidance at 4.840-4.880 EPS. As a group, sell-side analysts predict that Regency Centers Corporation will post 4.86 earnings per share for the current fiscal year.

Regency Centers Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Friday, September 11th will be given a dividend of $0.755 per share. The ex-dividend date is Friday, September 11th. This represents a $3.02 annualized dividend and a yield of 4.1%. Regency Centers's dividend payout ratio (DPR) is 102.37%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on REG. Barclays upped their target price on shares of Regency Centers from $90.00 to $92.00 and gave the stock an "overweight" rating in a research report on Monday, August 17th. Wells Fargo & Company decreased their price objective on Regency Centers from $90.00 to $88.00 and set an "overweight" rating on the stock in a research report on Wednesday, August 19th. LADENBURG THALM/SH SH lifted their price target on shares of Regency Centers from $83.00 to $85.00 and gave the stock a "neutral" rating in a research report on Friday, July 31st. Deutsche Bank Aktiengesellschaft downgraded Regency Centers from a "buy" rating to a "hold" rating and set a $85.00 price objective for the company. in a report on Friday, May 29th. Finally, Scotiabank cut their target price on shares of Regency Centers from $82.00 to $81.00 and set a "sector perform" rating on the stock in a report on Thursday. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $83.76.

Regency Centers Company Profile

Regency Centers Corporation NASDAQ: REG is a self-administered and self-managed real estate investment trust that owns, operates, develops and redevelops retail properties in the United States. The company primarily focuses on high-quality, grocery-anchored shopping centers designed to serve the daily needs of surrounding communities.

Regency's properties typically include supermarkets, restaurants, specialty retailers, service providers and other complementary tenants. Its activities include leasing and managing shopping centers, pursuing redevelopment opportunities and developing new retail properties in established, attractive trade areas.

Headquartered in Jacksonville, Florida, Regency Centers traces its roots to 1963 and serves communities across major metropolitan areas in the United States.

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