BlackRock Inc. Invests $1.60 Billion in Regency Centers Corporation $REG

Key Points

• BlackRock acquired a new 20.04 million-share stake in Regency Centers during the second quarter, worth approximately $1.60 billion and representing 10.94% of the REIT. Institutional investors and hedge funds collectively own 96.07% of the stock.
• Regency Centers reported quarterly EPS of $1.21, surpassing the $0.59 analyst estimate, while revenue of $413.51 million slightly exceeded expectations. The company maintained fiscal 2026 EPS guidance of $4.84–$4.88.
• Analysts’ consensus rating is “Moderate Buy”, with an average price target of $83.82 versus the stock’s $76.51 opening price. Regency also declared a quarterly dividend of $0.755 per share, implying a 3.9% annualized yield.

BlackRock Inc. bought a new stake in Regency Centers Corporation (NASDAQ:REG - Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 20,038,470 shares of the company's stock, valued at approximately $1,597,868,000. BlackRock Inc. owned approximately 10.94% of Regency Centers at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of REG. Inspire Investing LLC boosted its position in Regency Centers by 0.6% during the first quarter. Inspire Investing LLC now owns 22,480 shares of the company's stock worth $1,701,000 after acquiring an additional 141 shares during the last quarter. Tema ETFs LLC boosted its holdings in shares of Regency Centers by 7.1% during the second quarter. Tema ETFs LLC now owns 2,184 shares of the company's stock worth $174,000 after purchasing an additional 145 shares during the last quarter. Norinchukin Bank The boosted its holdings in shares of Regency Centers by 0.8% during the third quarter. Norinchukin Bank The now owns 17,730 shares of the company's stock worth $1,293,000 after purchasing an additional 147 shares during the last quarter. Brown Brothers Harriman & Co. grew its position in shares of Regency Centers by 63.1% in the third quarter. Brown Brothers Harriman & Co. now owns 406 shares of the company's stock valued at $30,000 after purchasing an additional 157 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its position in shares of Regency Centers by 12.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,437 shares of the company's stock valued at $102,000 after purchasing an additional 162 shares during the period. 96.07% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Raymond James Financial reiterated an "outperform" rating and set a $88.00 target price on shares of Regency Centers in a research report on Monday, June 29th. BTIG Research reaffirmed a "buy" rating and set a $85.00 price objective on shares of Regency Centers in a research note on Friday, June 12th. Citigroup increased their price objective on shares of Regency Centers from $76.00 to $82.00 and gave the stock a "neutral" rating in a report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft cut shares of Regency Centers from a "buy" rating to a "hold" rating and set a $85.00 target price on the stock. in a research report on Friday, May 29th. Finally, Wells Fargo & Company dropped their price target on shares of Regency Centers from $90.00 to $88.00 and set an "overweight" rating for the company in a research report on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat.com, Regency Centers has an average rating of "Moderate Buy" and an average price target of $83.82.

Regency Centers Stock Performance

Shares of REG stock opened at $76.51 on Friday. 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's fifty day moving average price is $79.38 and its two-hundred day moving average price is $78.16. The firm has a market capitalization of $14.01 billion, a P/E ratio of 25.94, a P/E/G ratio of 3.19 and a beta of 0.80. Regency Centers Corporation has a 12 month low of $66.86 and a 12 month high of $83.66.

Regency Centers (NASDAQ:REG - Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $1.21 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 analyst estimates of $411.07 million. During the same quarter in the previous year, the firm earned $1.16 earnings per share. Regency Centers has set its FY 2026 guidance at 4.840-4.880 EPS. On average, research analysts anticipate that Regency Centers Corporation will post 4.86 earnings per share for the current fiscal year.

Regency Centers Announces Dividend

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

Insider Activity

In other news, insider Terah L. Devereaux sold 1,240 shares of the company's stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $80.14, for a total transaction of $99,373.60. Following the completion of the transaction, the insider owned 17,990 shares in the company, valued at approximately $1,441,718.60. This represents a 6.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.00% of the company's stock.

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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