Jupiter Topco LLC Makes New $2.53 Million Investment in Regency Centers Corporation $REG

Key Points

• Jupiter Topco LLC acquired 31,688 shares of Regency Centers in the second quarter, valued at approximately $2.53 million. Institutional investors collectively own 96.07% of the company.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $83.82, compared with the stock’s reported opening price of $75.81.
• Regency Centers reported quarterly EPS of $1.21, surpassing estimates of $0.59, and announced a quarterly dividend of $0.755 per share, implying a 4.0% annualized yield.

Jupiter Topco LLC acquired a new stake in Regency Centers Corporation (NASDAQ:REG - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 31,688 shares of the company's stock, valued at approximately $2,527,000.

Several other institutional investors and hedge funds have also recently modified their holdings of REG. J. Goldman & Co LP acquired a new position in Regency Centers during the 2nd quarter worth about $23,138,000. Hsbc Holdings PLC acquired a new position in Regency Centers in the 2nd quarter valued at about $108,196,000. Canada Pension Plan Investment Board purchased a new stake in Regency Centers during the second quarter worth about $933,000. Legal & General Group Plc purchased a new stake in Regency Centers during the second quarter worth about $109,394,000. Finally, The Manufacturers Life Insurance Company purchased a new stake in Regency Centers during the second quarter worth about $10,557,000. Hedge funds and other institutional investors own 96.07% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently commented on REG shares. Argus set a $85.00 price objective on shares of Regency Centers in a research note on Monday, August 10th. UBS Group upped their target price on shares of Regency Centers from $81.00 to $85.00 and gave the stock a "neutral" rating in a research note on Thursday, July 9th. Barclays increased their target price on shares of Regency Centers from $90.00 to $92.00 and gave the stock an "overweight" rating in a report on Monday, August 17th. Weiss Ratings cut shares of Regency Centers from a "buy (b+)" rating to a "buy (b)" rating in a research report on Thursday, August 20th. Finally, Deutsche Bank Aktiengesellschaft downgraded shares of Regency Centers from a "buy" rating to a "hold" rating and set a $85.00 price target for the company. in a research note on Friday, May 29th. Two research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and ten have assigned a Hold rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $83.82.

Insider Buying and Selling at Regency Centers

In other news, insider Terah L. Devereaux sold 1,240 shares of Regency Centers stock in a transaction on 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 sale, the insider directly owned 17,990 shares of the company's stock, valued at approximately $1,441,718.60. The trade was a 6.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.00% of the company's stock.

Regency Centers Stock Performance

Shares of REG opened at $75.81 on Thursday. Regency Centers Corporation has a 1 year low of $66.86 and a 1 year high of $83.66. The stock has a market capitalization of $13.88 billion, a PE ratio of 25.70, a PEG ratio of 4.52 and a beta of 0.79. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.25 and a current ratio of 1.25. The stock has a 50-day simple moving average of $78.94 and a 200-day simple moving average of $78.22.

Regency Centers (NASDAQ:REG - Get Free Report) last released its earnings results on Wednesday, July 29th. The company reported $1.21 earnings per share for the quarter, topping analysts' consensus estimates of $0.59 by $0.62. The firm had revenue of $413.51 million for the quarter, compared to analyst estimates 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 prior 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, analysts predict that Regency Centers Corporation will post 4.86 earnings per share for the current fiscal year.

Regency Centers Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Friday, September 11th will be issued a $0.755 dividend. This represents a $3.02 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date is Friday, September 11th. Regency Centers's dividend payout ratio (DPR) is presently 102.37%.

Regency Centers Company Profile

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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