Regency Centers Corporation $REG Shares Sold by Andra AP fonden

Key Points

• Andra AP fonden cut its Regency Centers stake by 58.7% in the second quarter, selling 15,100 shares and retaining 10,617 shares worth approximately $847,000.
• Regency Centers reported quarterly EPS of $1.21, exceeding the $0.59 analyst consensus, while revenue of $413.5 million slightly topped expectations. The company reaffirmed fiscal 2026 EPS guidance of $4.84–$4.88.
• JPMorgan upgraded the stock to Overweight with an $83 price target, while Regency declared a quarterly dividend of $0.755 per share, equivalent to a 4.1% annualized yield.

Andra AP fonden decreased its position in shares of Regency Centers Corporation (NASDAQ:REG - Free Report) by 58.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,617 shares of the company's stock after selling 15,100 shares during the period. Andra AP fonden's holdings in Regency Centers were worth $847,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in REG. Nomura Asset Management Co. Ltd. lifted its holdings in shares of Regency Centers by 3.6% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 311,562 shares of the company's stock worth $21,507,000 after acquiring an additional 10,745 shares during the last quarter. Legal & General Group Plc boosted its stake in shares of Regency Centers by 2.8% in the 4th quarter. Legal & General Group Plc now owns 1,705,024 shares of the company's stock valued at $117,698,000 after purchasing an additional 46,438 shares in the last quarter. Norges Bank bought a new stake in shares of Regency Centers during the 4th quarter valued at approximately $1,183,667,000. Geode Capital Management LLC grew its holdings in shares of Regency Centers by 1.4% during the 4th quarter. Geode Capital Management LLC now owns 4,915,089 shares of the company's stock valued at $338,110,000 after purchasing an additional 67,739 shares during the last quarter. Finally, Bank of America Corp DE increased its position in Regency Centers by 66.5% during the 1st quarter. Bank of America Corp DE now owns 719,536 shares of the company's stock worth $54,440,000 after purchasing an additional 287,317 shares in the last quarter. Institutional investors and hedge funds own 96.07% of the company's stock.

Regency Centers News Roundup

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

• Positive Sentiment: JPMorgan upgraded Regency Centers to Overweight from Neutral and set an $83 price target, implying approximately 14% upside from the recently cited price. The upgrade is a bullish signal that the bank sees improving prospects for the retail REIT. JPMorgan upgrades Regency Centers
• Positive Sentiment: JPMorgan also upgraded Regency Centers’ preferred stock to Overweight from Neutral, providing additional support for the company’s credit and income-investment profile. JPMorgan preferred-stock upgrade
• Positive Sentiment: A report says Regency’s grocery-anchored shopping centers remain resilient, highlighting the defensive nature of its tenant base and demand for essential-retail locations. Regency’s grocery-anchored shopping centers still thriving

Regency Centers Trading Up 0.3%

Shares of NASDAQ REG opened at $72.92 on Friday. The firm has a 50 day moving average price of $76.96 and a two-hundred day moving average price of $77.81. The stock has a market cap of $13.35 billion, a P/E ratio of 24.72, a price-to-earnings-growth ratio of 4.37 and a beta of 0.79. 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 quick ratio of 1.25 and a current ratio of 1.25.

Regency Centers (NASDAQ:REG - Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $1.21 EPS for the quarter, topping analysts' consensus estimates of $0.59 by $0.62. The company had revenue of $413.51 million for the quarter, compared to analyst estimates of $411.07 million. Regency Centers had a net margin of 34.38% and a return on equity of 8.04%. During the same quarter in the previous year, the business earned $1.16 earnings per share. Regency Centers has set its FY 2026 guidance at 4.840-4.880 EPS. As a group, equities analysts forecast that Regency Centers Corporation will post 4.86 EPS for the current year.

Regency Centers Dividend Announcement

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 paid a $0.7550 dividend. This represents a $3.02 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend is Friday, September 11th. Regency Centers's payout ratio is currently 102.37%.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on REG shares. Deutsche Bank Aktiengesellschaft downgraded 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. UBS Group boosted their target price on shares of Regency Centers from $81.00 to $85.00 and gave the stock a "neutral" rating in a research note on Thursday, July 9th. The Goldman Sachs Group set a $83.00 price target on shares of Regency Centers in a report on Thursday. JPMorgan Chase & Co. upgraded Regency Centers from a "neutral" rating to an "overweight" rating and set a $83.00 price target for the company in a research note on Thursday. Finally, Wells Fargo & Company cut their price objective on Regency Centers from $90.00 to $88.00 and set an "overweight" rating on the stock in a report on Wednesday, August 19th. Two investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and eight have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $84.05.

About Regency Centers

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.

Want to see what other hedge funds are holding REG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Regency Centers Corporation (NASDAQ:REG - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.