Bank of New York Mellon Corp Purchases New Stake in Regency Centers Corporation $REG

Key Points

• Bank of New York Mellon acquired 1.34 million Regency Centers shares worth approximately $106.9 million, representing about 0.73% of the REIT. Institutional investors collectively own 96.07% of the company.
• Regency Centers reported quarterly EPS of $1.21, beating estimates of $0.59, while revenue of $413.5 million slightly exceeded forecasts. The company reaffirmed fiscal 2026 EPS guidance of $4.84–$4.88.
• The company declared a quarterly dividend of $0.755 per share, or $3.02 annually, yielding about 3.9%. Analysts maintain a “Moderate Buy” consensus with an average price target of $83.82 versus the stock’s reported $76.69 price.

Bank of New York Mellon Corp acquired a new stake in shares of Regency Centers Corporation (NASDAQ:REG - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 1,340,085 shares of the company's stock, valued at approximately $106,858,000. Bank of New York Mellon Corp owned about 0.73% of Regency Centers at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of REG. M&T Bank Corp boosted its holdings in shares of Regency Centers by 168.6% in the 4th quarter. M&T Bank Corp now owns 25,931 shares of the company's stock valued at $1,791,000 after buying an additional 16,277 shares during the period. Nomura Asset Management Co. Ltd. raised its stake in Regency Centers by 3.6% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 311,562 shares of the company's stock worth $21,507,000 after acquiring an additional 10,745 shares during the period. Legal & General Group Plc raised its stake in Regency Centers by 2.8% during the fourth quarter. Legal & General Group Plc now owns 1,705,024 shares of the company's stock worth $117,698,000 after acquiring an additional 46,438 shares during the period. F m Investments LLC bought a new position in Regency Centers in the fourth quarter worth about $1,128,000. Finally, Norges Bank bought a new position in Regency Centers in the fourth quarter worth about $1,183,667,000. Institutional investors own 96.07% of the company's stock.

Insider Activity at Regency Centers

In related news, insider Terah L. Devereaux sold 1,240 shares of the business's stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $80.14, for a total transaction of $99,373.60. Following the sale, the insider 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 document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.00% of the stock is owned by corporate insiders.

Regency Centers Trading Up 0.8%

Shares of REG stock opened at $76.69 on Tuesday. Regency Centers Corporation has a 1 year low of $66.86 and a 1 year high of $83.66. The firm has a market capitalization of $14.04 billion, a PE ratio of 26.00, a price-to-earnings-growth ratio of 3.18 and a beta of 0.80. The stock has a fifty day moving average of $79.24 and a two-hundred day moving average of $78.21. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.25 and a current ratio of 1.25.

Regency Centers (NASDAQ:REG - Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $1.21 EPS for the quarter, beating analysts' consensus estimates of $0.59 by $0.62. The company had revenue of $413.51 million for the quarter, compared to analyst estimates of $411.07 million. Regency Centers had a return on equity of 8.04% and a net margin of 34.38%.During the same period last year, the company earned $1.16 earnings per share. Regency Centers has set its FY 2026 guidance at 4.840-4.880 EPS. As a group, research analysts expect that Regency Centers Corporation will post 4.86 EPS for the current year.

Regency Centers Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Investors of record on Friday, September 11th will be paid a dividend of $0.755 per share. This represents a $3.02 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date is Friday, September 11th. Regency Centers's dividend payout ratio (DPR) is currently 102.37%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Weiss Ratings downgraded shares of Regency Centers from a "buy (b+)" rating to a "buy (b)" rating in a report on Thursday. Evercore set a $83.00 price objective on shares of Regency Centers in a report on Thursday, July 30th. BTIG Research reiterated a "buy" rating and issued a $85.00 price objective on shares of Regency Centers in a research report on Friday, June 12th. Citigroup boosted their target price on shares of Regency Centers from $76.00 to $82.00 and gave the company a "neutral" rating in a research note on Tuesday, May 5th. Finally, 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. Two equities research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and ten have issued a Hold rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $83.82.

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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