Regency Centers Corporation $REG Stock Holdings Lowered by Dimensional Fund Advisors LP

Key Points

• Dimensional Fund Advisors LP trimmed its stake in Regency Centers by 0.7% in Q3, selling 17,260 shares and leaving it with 2,561,333 shares worth about $186.7 million (≈1.41% ownership).
• Regency declared a quarterly dividend of $0.755 (annualized $3.02) payable April 1, implying a 3.8% yield, though the dividend payout ratio is a high 107.86%.
• Chairman Martin E. Stein Jr. sold 10,000 shares at an average price of $76.30 (≈$763,000), a 3.54% reduction in his position, leaving him with 272,133 shares.

Dimensional Fund Advisors LP cut its holdings in shares of Regency Centers Corporation (NASDAQ:REG - Free Report) by 0.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,561,333 shares of the company's stock after selling 17,260 shares during the period. Dimensional Fund Advisors LP owned approximately 1.41% of Regency Centers worth $186,717,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. CYBER HORNET ETFs LLC bought a new position in shares of Regency Centers in the second quarter valued at $31,000. Steigerwald Gordon & Koch Inc. acquired a new stake in shares of Regency Centers during the 3rd quarter valued at $33,000. MUFG Securities EMEA plc bought a new stake in shares of Regency Centers during the 2nd quarter worth $34,000. Financial Consulate Inc. bought a new stake in shares of Regency Centers during the 3rd quarter worth $38,000. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of Regency Centers by 233.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 570 shares of the company's stock worth $41,000 after acquiring an additional 399 shares during the last quarter. 96.07% of the stock is currently owned by institutional investors.

Regency Centers Price Performance

REG opened at $78.66 on Monday. The firm has a market capitalization of $14.39 billion, a P/E ratio of 28.09, a PEG ratio of 3.38 and a beta of 0.91. The stock has a fifty day moving average of $73.56 and a 200-day moving average of $71.70. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.68. Regency Centers Corporation has a 12-month low of $63.44 and a 12-month high of $79.89.

Regency Centers Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Wednesday, March 11th will be paid a $0.755 dividend. This represents a $3.02 annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend is Wednesday, March 11th. Regency Centers's dividend payout ratio is currently 107.86%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on REG shares. Deutsche Bank Aktiengesellschaft raised Regency Centers from a "hold" rating to a "buy" rating and set a $83.00 target price on the stock in a research report on Tuesday, January 20th. Truist Financial increased their price target on Regency Centers from $77.00 to $84.00 and gave the company a "buy" rating in a research report on Monday, March 2nd. JPMorgan Chase & Co. restated a "neutral" rating and set a $76.00 price objective (down from $81.00) on shares of Regency Centers in a report on Thursday, December 18th. KeyCorp reaffirmed a "sector weight" rating on shares of Regency Centers in a research note on Thursday, December 4th. Finally, UBS Group set a $76.00 target price on shares of Regency Centers in a report on Wednesday, January 14th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $79.50.

Insider Transactions at Regency Centers

In other Regency Centers news, Chairman Martin E. Stein, Jr. sold 10,000 shares of the firm's stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $76.30, for a total transaction of $763,000.00. Following the completion of the sale, the chairman directly owned 272,133 shares in the company, valued at approximately $20,763,747.90. This trade represents a 3.54% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 1.00% of the company's stock.

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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