D L Carlson Investment Group Inc. Invests $2.19 Million in Regency Centers Corporation $REG

D L Carlson Investment Group Inc. bought a new position in shares of Regency Centers Corporation (NASDAQ:REG - Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 27,407 shares of the company's stock, valued at approximately $2,185,000.

Other hedge funds have also added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in shares of Regency Centers during the second quarter worth $1,597,868,000. Norges Bank bought a new stake in shares of Regency Centers in the fourth quarter valued at about $1,183,667,000. State Street Corp grew its stake in shares of Regency Centers by 1.4% in the fourth quarter. State Street Corp now owns 12,572,876 shares of the company's stock valued at $877,261,000 after acquiring an additional 168,884 shares in the last quarter. Principal Financial Group Inc. grew its stake in shares of Regency Centers by 10.3% in the first quarter. Principal Financial Group Inc. now owns 10,004,796 shares of the company's stock valued at $756,967,000 after acquiring an additional 931,272 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in Regency Centers by 1.4% during the fourth quarter. Geode Capital Management LLC now owns 4,915,089 shares of the company's stock worth $338,110,000 after acquiring an additional 67,739 shares during the period. 96.07% of the stock is owned by institutional investors and hedge funds.

Regency Centers Price Performance

REG stock opened at $76.51 on Friday. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.71. Regency Centers Corporation has a 12 month low of $66.86 and a 12 month high of $83.66. The firm has a market cap 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. The company's 50-day moving average price is $79.38 and its two-hundred day moving average price is $78.16.

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

Regency Centers Dividend Announcement

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 is Friday, September 11th. This represents a $3.02 annualized dividend and a yield of 3.9%. Regency Centers's dividend payout ratio is presently 102.37%.

Insiders Place Their Bets

In other Regency Centers news, insider Terah L. Devereaux sold 1,240 shares of the firm's stock in a transaction on Friday, June 12th. The stock was sold at an average price of $80.14, for a total value of $99,373.60. Following the sale, the insider owned 17,990 shares of the company's stock, valued at approximately $1,441,718.60. This trade represents a 6.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.00% of the stock is owned by insiders.

Analyst Ratings Changes

REG has been the subject of several analyst reports. LADENBURG THALM/SH SH lifted their price objective on shares of Regency Centers from $83.00 to $85.00 and gave the stock a "neutral" rating in a research note on Friday, July 31st. Jefferies Financial Group raised shares of Regency Centers to a "strong-buy" rating in a report on Friday, June 26th. BTIG Research reiterated a "buy" rating and issued a $85.00 price target on shares of Regency Centers in a research note on Friday, June 12th. Deutsche Bank Aktiengesellschaft downgraded 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. Finally, Barclays lifted their price objective on Regency Centers from $90.00 to $92.00 and gave the company an "overweight" rating in a report on Monday. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average 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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