Regency Centers Corporation $REG Shares Purchased by Engineers Gate Manager LP

Key Points

• Engineers Gate Manager LP increased its Regency Centers stake by 1,368.4% in the second quarter, purchasing 52,740 additional shares for a total holding valued at approximately $4.5 million. Institutional investors and hedge funds own 96.07% of REG.
• 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 recent price of $74.62.
• Regency Centers exceeded quarterly earnings expectations with $1.21 in EPS on $413.5 million in revenue and announced a quarterly dividend of $0.755, representing a 4.0% annualized yield.

Engineers Gate Manager LP boosted its holdings in shares of Regency Centers Corporation (NASDAQ:REG - Free Report) by 1,368.4% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 56,594 shares of the company's stock after purchasing an additional 52,740 shares during the quarter. Engineers Gate Manager LP's holdings in Regency Centers were worth $4,513,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Havemeyer Place LP acquired a new stake in shares of Regency Centers during the fourth quarter worth approximately $26,000. Hantz Financial Services Inc. increased its stake in shares of Regency Centers by 388.9% in the fourth quarter. Hantz Financial Services Inc. now owns 440 shares of the company's stock worth $30,000 after buying an additional 350 shares during the last quarter. Brown Brothers Harriman & Co. raised its holdings in Regency Centers by 63.1% in the third quarter. Brown Brothers Harriman & Co. now owns 406 shares of the company's stock valued at $30,000 after acquiring an additional 157 shares in the last quarter. CYBER HORNET ETFs LLC acquired a new stake in Regency Centers in the second quarter valued at $31,000. Finally, MUFG Securities EMEA plc bought a new position in Regency Centers during the 2nd quarter valued at $34,000. 96.07% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

REG has been the subject of several recent analyst reports. Weiss Ratings lowered shares of Regency Centers from a "buy (b+)" rating to a "buy (b)" rating in a report on Thursday, August 20th. Argus set a $85.00 target price on shares of Regency Centers in a research note on Monday, August 10th. UBS Group increased their price target 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. Jefferies Financial Group upgraded Regency Centers to a "strong-buy" rating in a research note on Friday, June 26th. Finally, Evercore set a $83.00 price objective on Regency Centers in a report on Thursday, July 30th. Two equities 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. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $83.82.

Regency Centers Stock Down 0.9%

Shares of NASDAQ:REG opened at $74.62 on Friday. The company's fifty day moving average is $78.20 and its two-hundred day moving average is $78.16. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.25 and a current ratio of 1.25. 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 $13.66 billion, a price-to-earnings ratio of 25.29, a price-to-earnings-growth ratio of 4.43 and a beta of 0.79.

Regency Centers (NASDAQ:REG - Get Free Report) last posted its quarterly 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. Regency Centers had a net margin of 34.38% and a return on equity of 8.04%. The business had revenue of $413.51 million during the quarter, compared to analyst estimates of $411.07 million. During the same period in the previous year, the business posted $1.16 EPS. Regency Centers has set its FY 2026 guidance at 4.840-4.880 EPS. Equities analysts anticipate that Regency Centers Corporation will post 4.86 EPS for the current year.

Regency Centers Dividend Announcement

The business 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 $0.755 dividend. This represents a $3.02 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date is Friday, September 11th. Regency Centers's payout ratio is presently 102.37%.

More Regency Centers News

Here are the key news stories impacting Regency Centers this week:

• Positive Sentiment: Regency Centers and EVgo plan to install more than 400 fast-charging stalls at Regency’s U.S. retail centers. The initiative could improve property amenities, increase customer traffic and create additional long-term value from the company’s grocery-anchored portfolio. REG and EVgo Expand EV Fast-Charging Network
• Positive Sentiment: Recent analyst commentary remains constructive, highlighting a 97% leased rate, strong tenant retention, double-digit cash rent spreads, a roughly $680 million development pipeline and an A-rated balance sheet. Analysts also point to an approximately 4% dividend yield and valuation below Regency’s historical average. Regency Centers Buy High Quality at a Discount
• Positive Sentiment: Another analysis cited strong second-quarter results, including $1.21 in FFO per share, 3.8% same-property NOI growth and improved occupancy, while noting that management raised full-year guidance. Regency Centers Grocery-Anchored REIT Valuation
• Neutral Sentiment: Regency released an updated investor presentation and plans to present at the BofA Securities Global Real Estate Conference on September 15. These events may provide additional guidance, but no new material financial information was disclosed in the announcements. Regency Centers BofA Conference Presentation
• Neutral Sentiment: Reported short-interest data showed zero shares sold short both periods, indicating no meaningful short-selling signal; the reported increase appears to be a data error.

Regency Centers Company Profile

Regency Centers Corporation NASDAQ: REG is a self-administered and self-managed real estate investment trust that owns, operates, develops and redevelops retail properties in the United States. The company primarily focuses on high-quality, grocery-anchored shopping centers designed to serve the daily needs of surrounding communities.

Regency's properties typically include supermarkets, restaurants, specialty retailers, service providers and other complementary tenants. Its activities include leasing and managing shopping centers, pursuing redevelopment opportunities and developing new retail properties in established, attractive trade areas.

Headquartered in Jacksonville, Florida, Regency Centers traces its roots to 1963 and serves communities across major metropolitan areas in the United States.

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