Schonfeld Strategic Advisors LLC Purchases 119,885 Shares of Regency Centers Co. (NASDAQ:REG)

Schonfeld Strategic Advisors LLC boosted its stake in Regency Centers Co. (NASDAQ:REG - Free Report) by 1,051.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 131,289 shares of the company's stock after buying an additional 119,885 shares during the quarter. Schonfeld Strategic Advisors LLC owned approximately 0.07% of Regency Centers worth $9,706,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the stock. Heck Capital Advisors LLC bought a new stake in shares of Regency Centers in the 4th quarter valued at approximately $26,000. National Pension Service bought a new stake in Regency Centers in the fourth quarter worth approximately $27,000. TD Waterhouse Canada Inc. grew its position in Regency Centers by 48,700.0% in the fourth quarter. TD Waterhouse Canada Inc. now owns 488 shares of the company's stock worth $36,000 after acquiring an additional 487 shares in the last quarter. Canada Post Corp Registered Pension Plan acquired a new position in shares of Regency Centers during the 4th quarter worth $39,000. Finally, Catalyst Capital Advisors LLC bought a new position in shares of Regency Centers during the 4th quarter valued at $54,000. Institutional investors and hedge funds own 96.07% of the company's stock.

Insider Transactions at Regency Centers

In other news, CEO Lisa Palmer sold 25,000 shares of Regency Centers stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $73.26, for a total transaction of $1,831,500.00. Following the transaction, the chief executive officer now owns 139,923 shares in the company, valued at approximately $10,250,758.98. The trade was a 15.16 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Michael J. Mas sold 20,000 shares of the stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $73.60, for a total value of $1,472,000.00. Following the completion of the sale, the chief financial officer now owns 54,020 shares of the company's stock, valued at $3,975,872. The trade was a 27.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 95,000 shares of company stock worth $6,977,500. Corporate insiders own 1.00% of the company's stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on REG. Mizuho raised their price objective on Regency Centers from $78.00 to $80.00 and gave the company an "outperform" rating in a research note on Wednesday, January 8th. Wells Fargo & Company reduced their price objective on shares of Regency Centers from $80.00 to $79.00 and set an "overweight" rating for the company in a research note on Wednesday, March 26th. Finally, Scotiabank decreased their price objective on shares of Regency Centers from $80.00 to $76.00 and set a "sector perform" rating for the company in a report on Wednesday, April 23rd. Three analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $78.08.

Regency Centers Stock Performance

Regency Centers stock traded down $0.66 during mid-day trading on Tuesday, hitting $71.82. 245,883 shares of the company's stock traded hands, compared to its average volume of 1,038,577. The firm has a 50 day simple moving average of $71.97 and a two-hundred day simple moving average of $72.74. The stock has a market cap of $13.04 billion, a price-to-earnings ratio of 33.89, a P/E/G ratio of 3.75 and a beta of 1.02. Regency Centers Co. has a fifty-two week low of $58.19 and a fifty-two week high of $78.18. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.85 and a quick ratio of 0.95.

Regency Centers (NASDAQ:REG - Get Free Report) last released its earnings results on Tuesday, April 29th. The company reported $1.15 earnings per share for the quarter, beating analysts' consensus estimates of $1.14 by $0.01. The firm had revenue of $370.35 million during the quarter, compared to the consensus estimate of $364.64 million. Regency Centers had a return on equity of 5.91% and a net margin of 27.54%. During the same period in the prior year, the company posted $1.08 EPS. On average, research analysts expect that Regency Centers Co. will post 4.54 EPS for the current fiscal year.

Regency Centers Company Profile

Regency Centers is a preeminent national owner, operator, and developer of shopping centers located in suburban trade areas with compelling demographics. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers.