Regency Centers Corp. (NYSE:REG) announced a quarterly dividend on Tuesday, November 1st. Stockholders of record on Wednesday, November 16th will be given a dividend of 0.50 per share by the real estate investment trust on Wednesday, November 30th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.91%. The ex-dividend date is Monday, November 14th.

Regency Centers Corp. (NYSE:REG) opened at 68.64 on Friday. Regency Centers Corp. has a one year low of $64.28 and a one year high of $85.35. The stock’s 50 day moving average is $73.43 and its 200-day moving average is $78.04. The firm has a market cap of $6.81 billion, a price-to-earnings ratio of 43.14 and a beta of 0.69.

Regency Centers Corp. (NYSE:REG) last released its quarterly earnings results on Tuesday, November 1st. The real estate investment trust reported $0.81 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.80 by $0.01. Regency Centers Corp. had a net margin of 20.55% and a return on equity of 6.61%. During the same quarter last year, the business earned $0.76 earnings per share. On average, equities research analysts expect that Regency Centers Corp. will post $3.26 earnings per share for the current fiscal year.

Dividend History for Regency Centers Corp. (NYSE:REG)

Several equities analysts recently weighed in on the stock. Jefferies Group set a $83.00 price objective on shares of Regency Centers Corp. and gave the stock a “hold” rating in a research note on Wednesday, August 3rd. Royal Bank Of Canada lifted their price target on shares of Regency Centers Corp. from $82.00 to $91.00 and gave the company a “top pick” rating in a research note on Friday, August 5th. RBC Capital Markets reissued a “top pick” rating and issued a $91.00 price target (up previously from $82.00) on shares of Regency Centers Corp. in a research note on Friday, August 5th. Zacks Investment Research cut shares of Regency Centers Corp. from a “buy” rating to a “hold” rating in a research note on Wednesday, July 20th. Finally, Citigroup Inc. lifted their price target on shares of Regency Centers Corp. from $76.00 to $81.00 and gave the company a “neutral” rating in a research note on Friday, August 12th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating, one has issued a buy rating and two have issued a strong buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $79.82.

In related news, Director Bryce Blair acquired 1,251 shares of Regency Centers Corp. stock in a transaction that occurred on Tuesday, August 23rd. The shares were purchased at an average cost of $79.79 per share, for a total transaction of $99,817.29. Following the acquisition, the director now owns 4,084 shares in the company, valued at $325,862.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 1.80% of the stock is currently owned by corporate insiders.

Institutional investors have recently added to or reduced their stakes in the stock. Raymond James & Associates boosted its stake in Regency Centers Corp. by 8.0% in the second quarter. Raymond James & Associates now owns 117,708 shares of the real estate investment trust’s stock valued at $9,856,000 after buying an additional 8,694 shares during the last quarter. TIAA CREF Investment Management LLC boosted its stake in Regency Centers Corp. by 9.0% in the second quarter. TIAA CREF Investment Management LLC now owns 564,205 shares of the real estate investment trust’s stock valued at $47,241,000 after buying an additional 46,816 shares during the last quarter. Credit Suisse AG boosted its stake in Regency Centers Corp. by 21.0% in the second quarter. Credit Suisse AG now owns 437,227 shares of the real estate investment trust’s stock valued at $36,609,000 after buying an additional 75,916 shares during the last quarter. Sei Investments Co. boosted its stake in Regency Centers Corp. by 53.2% in the second quarter. Sei Investments Co. now owns 180,605 shares of the real estate investment trust’s stock valued at $15,121,000 after buying an additional 62,679 shares during the last quarter. Finally, Comerica Bank boosted its stake in Regency Centers Corp. by 1.4% in the second quarter. Comerica Bank now owns 70,891 shares of the real estate investment trust’s stock valued at $5,867,000 after buying an additional 949 shares during the last quarter. 96.89% of the stock is owned by institutional investors.

Regency Centers Corp. Company Profile

Regency Centers Corporation is a real estate investment trust (REIT) and the general partner of the Regency Centers, L.P. (Operating Partnership). The Company’s operating, investing and financing activities are performed through the Operating Partnership, its subsidiaries and through its co-investment partnerships.

5 Day Chart for NYSE:REG

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