Regency Centers Corporation $REG Shares Sold by Amundi

Amundi trimmed its stake in Regency Centers Corporation (NASDAQ:REG - Free Report) by 6.7% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,127,711 shares of the company's stock after selling 80,534 shares during the quarter. Amundi owned about 0.62% of Regency Centers worth $89,924,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of Regency Centers during the 2nd quarter valued at $12,810,000. California State Teachers Retirement System raised its position in shares of Regency Centers by 6,154.1% in the 2nd quarter. California State Teachers Retirement System now owns 20,380,109 shares of the company's stock worth $1,625,110,000 after buying an additional 20,054,241 shares during the period. Readystate Asset Management LP acquired a new position in Regency Centers in the second quarter valued at $3,554,000. HB Wealth Management LLC boosted its holdings in Regency Centers by 14.8% in the second quarter. HB Wealth Management LLC now owns 3,339 shares of the company's stock valued at $266,000 after acquiring an additional 431 shares during the last quarter. Finally, Saudi Central Bank grew its position in Regency Centers by 79.8% during the second quarter. Saudi Central Bank now owns 11,534 shares of the company's stock valued at $920,000 after acquiring an additional 5,120 shares during the period. Institutional investors and hedge funds own 96.07% of the company's stock.

Insider Buying and Selling at Regency Centers

In other news, insider Terah 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 in the company, valued at approximately $1,441,718.60. This represents a 6.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 1.00% of the company's stock.

Regency Centers Trading Down 0.8%

NASDAQ:REG opened at $75.34 on Thursday. The business's 50-day moving average is $78.44 and its two-hundred day moving average is $78.19. 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 Corporation has a 12 month low of $66.86 and a 12 month high of $83.66. The firm has a market capitalization of $13.79 billion, a PE ratio of 25.54, a price-to-earnings-growth ratio of 4.51 and a beta of 0.79.

Regency Centers (NASDAQ:REG - Get Free Report) last issued its earnings results on Wednesday, July 29th. The company reported $1.21 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.62. The company had revenue of $413.51 million during the quarter, compared to the consensus estimate 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 prior year, the business earned $1.16 earnings per share. Regency Centers has set its FY 2026 guidance at 4.840-4.880 EPS. Research analysts predict that Regency Centers Corporation will post 4.86 earnings per share for the current fiscal year.

Regency Centers Dividend Announcement

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

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the company. UBS Group upped their price target on Regency Centers from $81.00 to $85.00 and gave the stock a "neutral" rating in a research note on Thursday, July 9th. LADENBURG THALM/SH SH lifted their price objective on Regency Centers from $83.00 to $85.00 and gave the company a "neutral" rating in a research note on Friday, July 31st. Jefferies Financial Group upgraded Regency Centers to a "strong-buy" rating in a report on Friday, June 26th. Deutsche Bank Aktiengesellschaft downgraded shares of Regency Centers from a "buy" rating to a "hold" rating and set a $85.00 target price for the company. in a research report on Friday, May 29th. Finally, Evercore set a $83.00 price target on shares of Regency Centers in a report on Thursday, July 30th. Two investment 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's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $83.82.

Regency Centers 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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