Readystate Asset Management LP Invests $3.55 Million in Regency Centers Corporation $REG

Key Points

• Readystate Asset Management acquired 44,566 shares of Regency Centers worth approximately $3.55 million in the second quarter. Institutional investors and hedge funds collectively own 96.07% of the stock.
• Analysts maintain a “Moderate Buy” consensus rating, with an average price target of $83.82; ratings include two Strong Buys, seven Buys, and ten Holds.
• Regency Centers reported quarterly EPS of $1.21, exceeding the $0.59 consensus estimate, and declared a quarterly dividend of $0.755, equivalent to a 4.0% annualized yield.

Readystate Asset Management LP acquired a new stake in shares of Regency Centers Corporation (NASDAQ:REG - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 44,566 shares of the company's stock, valued at approximately $3,554,000.

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

Insider Activity

In other Regency Centers news, insider Terah Devereaux sold 1,240 shares of the 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 sale, the insider directly owned 17,990 shares of the company's stock, valued at $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 available at this link. Insiders own 1.00% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft lowered shares of Regency Centers from a "buy" rating to a "hold" rating and set a $85.00 price objective for the company. in a research note on Friday, May 29th. Raymond James Financial reaffirmed an "outperform" rating and issued a $88.00 price target on shares of Regency Centers in a research report on Monday, June 29th. Weiss Ratings downgraded Regency Centers from a "buy (b+)" rating to a "buy (b)" rating in a research note on Thursday, August 20th. Argus set a $85.00 price objective on Regency Centers in a report on Monday, August 10th. Finally, UBS Group boosted their target price on Regency Centers from $81.00 to $85.00 and gave the stock a "neutral" rating in a report on Thursday, July 9th. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat.com, Regency Centers has an average rating of "Moderate Buy" and an average target price of $83.82.

Regency Centers Price Performance

REG stock opened at $75.26 on Monday. The stock has a market capitalization of $13.78 billion, a price-to-earnings ratio of 25.51, a price-to-earnings-growth ratio of 4.47 and a beta of 0.79. The company has a 50-day moving average of $78.72 and a two-hundred day moving average of $78.21. Regency Centers Corporation has a 52-week low of $66.86 and a 52-week 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.

Regency Centers (NASDAQ:REG - Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $1.21 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 for the quarter, compared to analyst estimates of $411.07 million. During the same period in the previous year, the company posted $1.16 earnings per share. Regency Centers has set its FY 2026 guidance at 4.840-4.880 EPS. As a group, equities research analysts anticipate that Regency Centers Corporation will post 4.86 EPS for the current year.

Regency Centers Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders 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 dividend yield of 4.0%. Regency Centers's dividend payout ratio (DPR) is presently 102.37%.

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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