Susquehanna Fundamental Investments LLC Invests $13.54 Million in Regency Centers Co. (NASDAQ:REG)

Susquehanna Fundamental Investments LLC bought a new position in Regency Centers Co. (NASDAQ:REG - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 183,072 shares of the company's stock, valued at approximately $13,535,000. Susquehanna Fundamental Investments LLC owned 0.10% of Regency Centers as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Heck Capital Advisors LLC purchased a new position in Regency Centers in the 4th quarter worth about $26,000. National Pension Service purchased a new position in shares of Regency Centers during the fourth quarter worth approximately $27,000. TD Waterhouse Canada Inc. raised its stake in shares of Regency Centers by 48,700.0% during the fourth quarter. TD Waterhouse Canada Inc. now owns 488 shares of the company's stock valued at $36,000 after acquiring an additional 487 shares in the last quarter. Canada Post Corp Registered Pension Plan purchased a new stake in shares of Regency Centers in the fourth quarter valued at approximately $39,000. Finally, Catalyst Capital Advisors LLC bought a new position in Regency Centers in the fourth quarter worth approximately $54,000. 96.07% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CEO Lisa Palmer sold 25,000 shares of the stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $73.26, for a total value of $1,831,500.00. Following the sale, the chief executive officer now owns 139,923 shares in the company, valued at $10,250,758.98. This represents a 15.16 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman Martin E. Stein, Jr. sold 50,000 shares of the business's stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $73.48, for a total transaction of $3,674,000.00. Following the transaction, the chairman now owns 110,263 shares of the company's stock, valued at $8,102,125.24. This represents a 31.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 95,000 shares of company stock valued at $6,977,500. Company insiders own 1.00% of the company's stock.

Wall Street Analyst Weigh In

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

Regency Centers Stock Up 0.7 %

NASDAQ:REG traded up $0.52 during mid-day trading on Friday, hitting $72.94. 199,151 shares of the company's stock traded hands, compared to its average volume of 1,047,711. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.95 and a current ratio of 0.85. The company has a market capitalization of $13.24 billion, a P/E ratio of 34.33, a P/E/G ratio of 3.75 and a beta of 1.03. The company has a fifty day moving average of $72.08 and a 200 day moving average of $72.72. Regency Centers Co. has a twelve month low of $58.08 and a twelve month high of $78.18.

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

Regency Centers Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Wednesday, March 12th were paid a dividend of $0.705 per share. The ex-dividend date of this dividend was Wednesday, March 12th. This represents a $2.82 annualized dividend and a yield of 3.87%. Regency Centers's payout ratio is presently 133.02%.

About Regency Centers

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.