Alyeska Investment Group L.P. Buys Shares of 79,425 Regency Centers Corporation $REG

Key Points

• Alyeska Investment Group acquired 79,425 shares of Regency Centers worth approximately $6.3 million, while institutional investors collectively own 96.07% of the stock.
• Analyst sentiment remains positive overall, with a “Moderate Buy” consensus and an average price target of $83.82; recent targets range from $85 to $92.
• Regency Centers reported quarterly EPS of $1.21, exceeding estimates of $0.59, and declared a quarterly dividend of $0.755 per share, representing a 4.0% annualized yield.

Alyeska Investment Group L.P. purchased a new stake in Regency Centers Corporation (NASDAQ:REG - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 79,425 shares of the company's stock, valued at approximately $6,333,000.

A number of other hedge funds have also modified their holdings of the business. AQR Capital Management LLC increased its position in Regency Centers by 15.4% during the first quarter. AQR Capital Management LLC now owns 64,337 shares of the company's stock worth $4,701,000 after buying an additional 8,563 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Regency Centers by 3.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,894 shares of the company's stock worth $1,099,000 after purchasing an additional 557 shares during the last quarter. Empowered Funds LLC grew its position in shares of Regency Centers by 9.6% in the first quarter. Empowered Funds LLC now owns 5,856 shares of the company's stock valued at $432,000 after purchasing an additional 511 shares during the period. Jane Street Group LLC grew its position in shares of Regency Centers by 81.5% in the first quarter. Jane Street Group LLC now owns 8,247 shares of the company's stock valued at $608,000 after purchasing an additional 3,702 shares during the period. Finally, Intech Investment Management LLC increased its stake in Regency Centers by 47.6% in the first quarter. Intech Investment Management LLC now owns 20,011 shares of the company's stock valued at $1,476,000 after purchasing an additional 6,451 shares during the last quarter. 96.07% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts recently weighed in on REG shares. Barclays increased their target price on Regency Centers from $90.00 to $92.00 and gave the stock an "overweight" rating in a research report on Monday, August 17th. UBS Group lifted their price target on Regency Centers from $81.00 to $85.00 and gave the company a "neutral" rating in a report on Thursday, July 9th. Jefferies Financial Group upgraded shares of Regency Centers to a "strong-buy" rating in a report on Friday, June 26th. LADENBURG THALM/SH SH raised their target price 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. Finally, Deutsche Bank Aktiengesellschaft downgraded shares of Regency Centers from a "buy" rating to a "hold" rating and set a $85.00 target price for the company. in a report on Friday, May 29th. Two research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $83.82.

Regency Centers Price Performance

Shares of NASDAQ REG opened at $76.06 on Wednesday. Regency Centers Corporation has a 1-year low of $66.86 and a 1-year high of $83.66. The business has a 50-day moving average of $79.02 and a 200-day moving average of $78.22. 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 company has a market capitalization of $13.93 billion, a price-to-earnings ratio of 25.78, a PEG ratio of 3.12 and a beta of 0.79.

Regency Centers (NASDAQ:REG - Get Free Report) last released 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. The firm had revenue of $413.51 million for the quarter, compared to the consensus estimate of $411.07 million. Regency Centers had a net margin of 34.38% and a return on equity of 8.04%. During the same quarter in the previous year, the firm posted $1.16 EPS. Regency Centers has set its FY 2026 guidance at 4.840-4.880 EPS. On average, equities analysts anticipate that Regency Centers Corporation will post 4.86 EPS for the current fiscal year.

Regency Centers Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Friday, September 11th will be given a dividend of $0.755 per share. The ex-dividend date of this dividend is Friday, September 11th. This represents a $3.02 annualized dividend and a dividend yield of 4.0%. Regency Centers's dividend payout ratio (DPR) is presently 102.37%.

Insiders Place Their Bets

In related news, insider Terah L. Devereaux sold 1,240 shares of the business's 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 sale, the insider directly owned 17,990 shares of the company's stock, valued at $1,441,718.60. The trade was a 6.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.00% of the stock is currently owned by corporate insiders.

Regency Centers Company Profile

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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