Mitsubishi UFJ Asset Management Co. Ltd. Invests $43.66 Million in Regency Centers Corporation $REG

Key Points

• Mitsubishi UFJ Asset Management acquired 547,569 shares of Regency Centers, worth approximately $43.7 million, giving it a 0.30% stake. Institutional investors collectively own 96.07% of the REIT.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $83.82. Regency Centers recently exceeded quarterly EPS expectations, reporting $1.21 versus the $0.59 consensus estimate.
• Regency Centers declared a quarterly dividend of $0.755 per share, or $3.02 annually, representing a 4.0% yield; however, its payout ratio is elevated at 102.37%.

Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of Regency Centers Corporation (NASDAQ:REG - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 547,569 shares of the company's stock, valued at approximately $43,663,000. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.30% of Regency Centers as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. AQR Capital Management LLC raised its stake in shares of Regency Centers by 15.4% in the first quarter. AQR Capital Management LLC now owns 64,337 shares of the company's stock valued at $4,701,000 after purchasing an additional 8,563 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Regency Centers by 3.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,894 shares of the company's stock worth $1,099,000 after acquiring an additional 557 shares during the period. Empowered Funds LLC boosted its position in shares of Regency Centers by 9.6% during the 1st quarter. Empowered Funds LLC now owns 5,856 shares of the company's stock valued at $432,000 after acquiring an additional 511 shares in the last quarter. Jane Street Group LLC increased its stake in Regency Centers by 81.5% in the first quarter. Jane Street Group LLC now owns 8,247 shares of the company's stock valued at $608,000 after acquiring an additional 3,702 shares during the period. Finally, Intech Investment Management LLC lifted its stake in Regency Centers by 47.6% during the first quarter. Intech Investment Management LLC now owns 20,011 shares of the company's stock worth $1,476,000 after purchasing an additional 6,451 shares during the period. 96.07% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on REG shares. LADENBURG THALM/SH SH increased their price objective on Regency Centers from $83.00 to $85.00 and gave the stock a "neutral" rating in a research note on Friday, July 31st. UBS Group increased 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. Argus set a $85.00 price objective on shares of Regency Centers in a research note on Monday, August 10th. Deutsche Bank Aktiengesellschaft downgraded Regency Centers from a "buy" rating to a "hold" rating and set a $85.00 target price on the stock. in a report on Friday, May 29th. Finally, Raymond James Financial reissued an "outperform" rating and issued a $88.00 price objective on shares of Regency Centers in a research note on Monday, June 29th. Two research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $83.82.

Insiders Place Their Bets

In related news, insider Terah L. Devereaux sold 1,240 shares of the company's stock in a transaction on Friday, June 12th. The shares were sold at an average price of $80.14, for a total value of $99,373.60. Following the completion of the transaction, the insider directly owned 17,990 shares of the company's stock, valued at approximately $1,441,718.60. This represents a 6.45% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.00% of the company's stock.

Regency Centers Trading Up 0.3%

NASDAQ REG opened at $76.40 on Thursday. Regency Centers Corporation has a one year low of $66.86 and a one year high of $83.66. 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 firm has a market cap of $13.99 billion, a P/E ratio of 25.90, a P/E/G ratio of 3.18 and a beta of 0.80. The stock's 50-day moving average is $79.46 and its 200-day moving average is $78.13.

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, topping 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 business had revenue of $413.51 million during the quarter, compared to analysts' expectations of $411.07 million. During the same period in the prior year, the business earned $1.16 EPS. Regency Centers has set its FY 2026 guidance at 4.840-4.880 EPS. Sell-side 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 disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Investors of record on Friday, September 11th will be given a $0.755 dividend. This represents a $3.02 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend is Friday, September 11th. Regency Centers's payout ratio is currently 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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