UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Regency Centers Corporation (NASDAQ:REG - Free Report) by 18,982.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,953,088 shares of the company's stock after purchasing an additional 1,942,853 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 1.07% of Regency Centers worth $155,739,000 at the end of the most recent quarter.
Other hedge funds have also recently modified their holdings of the company. M&T Bank Corp increased its holdings in Regency Centers by 168.6% in the 4th quarter. M&T Bank Corp now owns 25,931 shares of the company's stock worth $1,791,000 after buying an additional 16,277 shares in the last quarter. Nomura Asset Management Co. Ltd. boosted its holdings in shares of Regency Centers by 3.6% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 311,562 shares of the company's stock valued at $21,507,000 after acquiring an additional 10,745 shares during the last quarter. Legal & General Group Plc grew its stake in shares of Regency Centers by 2.8% in the fourth quarter. Legal & General Group Plc now owns 1,705,024 shares of the company's stock worth $117,698,000 after acquiring an additional 46,438 shares during the period. F m Investments LLC purchased a new position in shares of Regency Centers during the fourth quarter valued at approximately $1,128,000. Finally, Norges Bank purchased a new position in shares of Regency Centers during the fourth quarter valued at approximately $1,183,667,000. Hedge funds and other institutional investors own 96.07% of the company's stock.
Regency Centers Stock Performance
Shares of NASDAQ REG opened at $76.06 on Wednesday. The firm has a 50 day moving average of $79.02 and a 200 day moving average of $78.22. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.71. The firm has a market capitalization of $13.93 billion, a price-to-earnings ratio of 25.78, a price-to-earnings-growth ratio of 3.12 and a beta of 0.79. Regency Centers Corporation has a 12-month low of $66.86 and a 12-month high of $83.66.
Regency Centers (NASDAQ:REG - Get Free Report) last announced its earnings results on Wednesday, July 29th. The company reported $1.21 EPS for the quarter, beating analysts' consensus estimates 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 analysts' expectations of $411.07 million. During the same period in the prior year, the company earned $1.16 earnings per share. Regency Centers has set its FY 2026 guidance at 4.840-4.880 EPS. On average, research analysts anticipate that Regency Centers Corporation will post 4.86 earnings per share for the current year.
Regency Centers Dividend Announcement
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. This represents a $3.02 annualized dividend and a dividend yield of 4.0%. The ex-dividend date is Friday, September 11th. Regency Centers's dividend payout ratio is 102.37%.
Wall Street Analyst Weigh In
Several equities research analysts recently issued reports on REG shares. Citigroup raised their target price on shares of Regency Centers from $76.00 to $82.00 and gave the stock a "neutral" rating in a report on Tuesday, May 5th. Barclays increased their price target on Regency Centers from $90.00 to $92.00 and gave the company an "overweight" rating in a report on Monday, August 17th. Raymond James Financial restated an "outperform" rating and issued a $88.00 price target on shares of Regency Centers in a research note on Monday, June 29th. Wells Fargo & Company cut their price objective on Regency Centers from $90.00 to $88.00 and set an "overweight" rating for the company in a report on Wednesday, August 19th. Finally, BTIG Research reiterated a "buy" rating and set a $85.00 price objective on shares of Regency Centers in a research report on Friday, June 12th. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat, Regency Centers currently has an average rating of "Moderate Buy" and a consensus price target of $83.82.
Check Out Our Latest Report on REG
Insider Buying and Selling
In related news, insider Terah L. Devereaux sold 1,240 shares of the firm's stock in a transaction on Friday, June 12th. The stock was sold at an average price of $80.14, for a total value of $99,373.60. Following the transaction, the insider directly owned 17,990 shares of the company's stock, valued at approximately $1,441,718.60. This trade represents a 6.45% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 1.00% of the company's stock.
Regency Centers Company Profile
(
Free Report)
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.
Further Reading
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