California State Teachers Retirement System Cuts Stock Holdings in Regency Centers Corporation $REG

California State Teachers Retirement System decreased its position in Regency Centers Corporation (NASDAQ:REG - Free Report) by 21.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 255,582 shares of the company's stock after selling 70,286 shares during the quarter. California State Teachers Retirement System owned 0.14% of Regency Centers worth $20,380,109 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the stock. Readystate Asset Management LP bought a new stake in Regency Centers in the second quarter worth $3,554,000. HB Wealth Management LLC lifted its position in shares of Regency Centers by 14.8% during the 2nd quarter. HB Wealth Management LLC now owns 3,339 shares of the company's stock worth $266,000 after purchasing an additional 431 shares during the last quarter. Saudi Central Bank grew its position in Regency Centers by 79.8% in the 2nd quarter. Saudi Central Bank now owns 11,534 shares of the company's stock valued at $920,000 after buying an additional 5,120 shares during the last quarter. AlphaGrep UK Ltd acquired a new position in shares of Regency Centers during the 2nd quarter worth approximately $339,000. Finally, Syon Capital LLC raised its holdings in Regency Centers by 16.0% in the second quarter. Syon Capital LLC now owns 12,230 shares of the company's stock valued at $975,000 after buying an additional 1,685 shares during the period. Hedge funds and other institutional investors own 96.07% of the company's stock.

Regency Centers Price Performance

Shares of REG stock traded down $0.57 during mid-day trading on Tuesday, reaching $73.95. The stock had a trading volume of 322,164 shares, compared to its average volume of 1,388,356. Regency Centers Corporation has a 12-month low of $66.86 and a 12-month high of $83.66. The business has a 50-day simple moving average of $78.10 and a 200 day simple moving average of $78.14. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.71. The company has a market cap of $13.54 billion, a P/E ratio of 25.06, a price-to-earnings-growth ratio of 4.43 and a beta of 0.79.

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

Regency Centers Dividend Announcement

The business also recently announced 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. The ex-dividend date of this dividend is Friday, September 11th. This represents a $3.02 annualized dividend and a yield of 4.1%. Regency Centers's dividend payout ratio is currently 102.37%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on REG. UBS Group lifted their target price on shares of Regency Centers from $81.00 to $85.00 and gave the stock a "neutral" rating in a research report on Thursday, July 9th. LADENBURG THALM/SH SH increased their target price on shares of Regency Centers from $83.00 to $85.00 and gave the stock a "neutral" rating in a report on Friday, July 31st. Argus set a $85.00 price objective on Regency Centers in a research note on Monday, August 10th. Wells Fargo & Company reduced their price target on shares of Regency Centers from $90.00 to $88.00 and set an "overweight" rating on the stock in a research report on Wednesday, August 19th. Finally, Barclays increased their price objective on Regency Centers from $90.00 to $92.00 and gave the company an "overweight" rating in a research report on Monday, August 17th. Two research 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. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $83.82.

Regency Centers 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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