Corient Private Wealth LP Raises Stock Holdings in Regency Centers Corporation $REG

Key Points

• Corient Private Wealth increased its Regency Centers stake by 23.4% during the second quarter, bringing its holdings to 82,252 shares valued at approximately $6.56 million. 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 $413.51 million exceeded expectations. Analysts expect approximately $4.86 in EPS for the current fiscal year.
• The company declared a quarterly dividend of $0.755 per share, or $3.02 annualized, representing a 4.1% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $83.76, compared with the stock’s $73.12 opening price.

Corient Private Wealth LP raised its position in shares of Regency Centers Corporation (NASDAQ:REG - Free Report) by 23.4% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 82,252 shares of the company's stock after buying an additional 15,573 shares during the period. Corient Private Wealth LP's holdings in Regency Centers were worth $6,561,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Regency Centers in the 2nd quarter worth approximately $12,810,000. Readystate Asset Management LP bought a new stake in shares of Regency Centers in the 2nd quarter worth approximately $3,554,000. HB Wealth Management LLC increased its stake in shares of Regency Centers by 14.8% during the second quarter. HB Wealth Management LLC now owns 3,339 shares of the company's stock valued at $266,000 after buying an additional 431 shares during the period. Saudi Central Bank raised its holdings in shares of Regency Centers by 79.8% during the second quarter. Saudi Central Bank now owns 11,534 shares of the company's stock valued at $920,000 after acquiring an additional 5,120 shares in the last quarter. Finally, AlphaGrep UK Ltd bought a new position in shares of Regency Centers during the second quarter valued at approximately $339,000. Hedge funds and other institutional investors own 96.07% of the company's stock.

Regency Centers Price Performance

Shares of REG stock opened at $73.12 on Friday. The business's fifty day moving average is $77.71 and its 200 day moving average is $78.04. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.71. The stock has a market cap of $13.39 billion, a price-to-earnings ratio of 24.79, a PEG ratio of 4.35 and a beta of 0.79. Regency Centers Corporation has a twelve month low of $66.86 and a twelve month high of $83.66.

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

Regency Centers Announces Dividend

The firm 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 dividend of $0.755 per share. The ex-dividend date of this dividend is Friday, September 11th. This represents a $3.02 dividend on an annualized basis and a dividend yield of 4.1%. Regency Centers's dividend payout ratio (DPR) is currently 102.37%.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on REG shares. UBS Group lifted their price target on shares of Regency Centers from $81.00 to $85.00 and gave the company a "neutral" rating in a report on Thursday, July 9th. Scotiabank decreased their price objective on shares of Regency Centers from $82.00 to $81.00 and set a "sector perform" rating for the company in a report on Thursday. Raymond James Financial reaffirmed an "outperform" rating and issued a $88.00 target price on shares of Regency Centers in a research report on Monday, June 29th. Weiss Ratings lowered shares of Regency Centers from a "buy (b+)" rating to a "buy (b)" rating in a research note on Thursday, August 20th. Finally, Deutsche Bank Aktiengesellschaft cut shares of Regency Centers from a "buy" rating to a "hold" rating and set a $85.00 price target on the stock. in a research report on Friday, May 29th. 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. According to data from MarketBeat.com, Regency Centers has an average rating of "Moderate Buy" and a consensus target price of $83.76.

About Regency Centers

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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