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Rakuten Investment Management Inc. Purchases Shares of 26,952 Regency Centers Corporation $REG

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Key Points

  • Rakuten Investment Management acquired 26,952 shares of Regency Centers worth approximately $2.19 million during the second quarter. Institutional investors and hedge funds collectively own 96.07% of the REIT’s stock.
  • Regency Centers reported quarterly EPS of $1.21, exceeding analysts’ $0.59 estimate, while revenue of $413.51 million also topped expectations. The company reaffirmed fiscal 2026 EPS guidance of $4.84–$4.88.
  • The company declared a quarterly dividend of $0.755 per share, equivalent to $3.02 annually and a 4.0% yield. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $83.82.
  • Five stocks we like better than Regency Centers.

Rakuten Investment Management Inc. acquired a new position in Regency Centers Corporation (NASDAQ:REG - Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 26,952 shares of the company's stock, valued at approximately $2,191,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Havemeyer Place LP acquired a new position in shares of Regency Centers in the 4th quarter worth approximately $26,000. Hantz Financial Services Inc. boosted its stake in shares of Regency Centers by 388.9% in the 4th quarter. Hantz Financial Services Inc. now owns 440 shares of the company's stock valued at $30,000 after purchasing an additional 350 shares during the last quarter. Brown Brothers Harriman & Co. increased its position in shares of Regency Centers by 63.1% during the third quarter. Brown Brothers Harriman & Co. now owns 406 shares of the company's stock worth $30,000 after buying an additional 157 shares during the period. CYBER HORNET ETFs LLC acquired a new stake in shares of Regency Centers during the second quarter worth $31,000. Finally, MUFG Securities EMEA plc bought a new position in Regency Centers during the second quarter worth $34,000. Institutional investors and hedge funds own 96.07% of the company's stock.

Regency Centers Stock Performance

REG opened at $75.52 on Monday. Regency Centers Corporation has a 1-year low of $66.86 and a 1-year high of $83.66. The company has a market cap of $13.83 billion, a price-to-earnings ratio of 25.60, a PEG ratio of 3.15 and a beta of 0.80. The company's fifty day moving average price is $79.12 and its two-hundred day moving average price is $78.24. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.71.

Regency Centers (NASDAQ:REG - Get Free Report) last announced its earnings results on Wednesday, July 29th. The company reported $1.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.62. The company had revenue of $413.51 million for the quarter, compared to analysts' expectations of $411.07 million. Regency Centers had a return on equity of 8.04% and a net margin of 34.38%.During the same quarter in the previous 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 expect that Regency Centers Corporation will post 4.86 EPS for the current fiscal year.

Regency Centers Dividend Announcement

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

Insider Activity at Regency Centers

In other news, insider Terah L. Devereaux sold 1,240 shares of the business's stock in a transaction that occurred 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 transaction, the insider owned 17,990 shares in the company, valued at $1,441,718.60. The trade was a 6.45% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.00% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms recently issued reports on REG. Wells Fargo & Company dropped their target price on shares of Regency Centers from $90.00 to $88.00 and set an "overweight" rating on the stock in a report on Wednesday, August 19th. Citigroup increased their price target on Regency Centers from $76.00 to $82.00 and gave the stock a "neutral" rating in a report on Tuesday, May 5th. Raymond James Financial reissued an "outperform" rating and issued a $88.00 price objective on shares of Regency Centers in a research report on Monday, June 29th. Deutsche Bank Aktiengesellschaft downgraded Regency Centers from a "buy" rating to a "hold" rating and set a $85.00 price objective on the stock. in a research note on Friday, May 29th. Finally, Weiss Ratings lowered Regency Centers from a "buy (b+)" rating to a "buy (b)" rating in a research report on Thursday, August 20th. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $83.82.

Get Our Latest Stock Report on Regency Centers

Regency Centers Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Regency Centers (NASDAQ:REG)

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