116,685 Shares in Regency Centers Co. (NASDAQ:REG) Acquired by Van Lanschot Kempen Investment Management N.V.

Van Lanschot Kempen Investment Management N.V. bought a new position in Regency Centers Co. (NASDAQ:REG - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 116,685 shares of the company's stock, valued at approximately $8,627,000. Van Lanschot Kempen Investment Management N.V. owned 0.06% of Regency Centers at the end of the most recent reporting period.

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

Regency Centers Trading Down 0.0 %

NASDAQ REG traded down $0.03 during trading hours on Friday, reaching $71.42. The company had a trading volume of 1,053,569 shares, compared to its average volume of 1,051,499. The stock has a 50-day moving average of $72.20 and a 200 day moving average of $72.71. Regency Centers Co. has a 1-year low of $58.08 and a 1-year high of $78.18. The company has a current ratio of 0.85, a quick ratio of 0.95 and a debt-to-equity ratio of 0.66. The stock has a market capitalization of $12.96 billion, a P/E ratio of 33.69, a price-to-earnings-growth ratio of 3.75 and a beta of 1.03.

Regency Centers (NASDAQ:REG - Get Free Report) last posted its earnings results on Thursday, February 6th. The company reported $1.09 EPS for the quarter, beating analysts' consensus estimates of $0.48 by $0.61. Regency Centers had a net margin of 27.54% and a return on equity of 5.91%. As a group, research analysts anticipate that Regency Centers Co. will post 4.54 earnings per share for the current fiscal year.

Regency Centers Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 12th were given a dividend of $0.705 per share. The ex-dividend date was Wednesday, March 12th. This represents a $2.82 annualized dividend and a dividend yield of 3.95%. Regency Centers's dividend payout ratio is presently 133.02%.

Insider Transactions at Regency Centers

In other news, CEO Lisa Palmer sold 25,000 shares of the stock in a transaction dated 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 sale, the chief executive officer now owns 139,923 shares of the company's stock, valued at approximately $10,250,758.98. This represents a 15.16 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman Martin E. Stein, Jr. sold 50,000 shares of the stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $73.48, for a total transaction of $3,674,000.00. Following the sale, the chairman now directly owns 110,263 shares in the company, valued at $8,102,125.24. This represents a 31.20 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 95,000 shares of company stock valued at $6,977,500. 1.00% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research analysts recently issued reports on REG shares. Scotiabank dropped their price objective on Regency Centers from $80.00 to $76.00 and set a "sector perform" rating on the stock in a research note on Wednesday. Mizuho boosted their price target on Regency Centers from $78.00 to $80.00 and gave the stock an "outperform" rating in a research report on Wednesday, January 8th. Finally, Wells Fargo & Company reduced their target price on Regency Centers from $80.00 to $79.00 and set an "overweight" rating on the stock in a research report on Wednesday, March 26th. Three analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $78.08.

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.