JPMorgan Chase & Co. lowered its stake in shares of Regency Centers Corp. (NYSE:REG) by 18.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,185,724 shares of the real estate investment trust’s stock after selling 952,022 shares during the period. JPMorgan Chase & Co. owned 4.22% of Regency Centers Corp. worth $324,352,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. HM Payson & Co. bought a new position in shares of Regency Centers Corp. during the second quarter valued at approximately $222,000. Vanguard Group Inc. increased its position in shares of Regency Centers Corp. by 4.0% in the second quarter. Vanguard Group Inc. now owns 15,057,339 shares of the real estate investment trust’s stock valued at $1,260,751,000 after buying an additional 581,598 shares during the period. Capstone Asset Management Co. increased its position in shares of Regency Centers Corp. by 19.4% in the second quarter. Capstone Asset Management Co. now owns 9,175 shares of the real estate investment trust’s stock valued at $768,000 after buying an additional 1,490 shares during the period. LS Investment Advisors LLC increased its position in shares of Regency Centers Corp. by 34.2% in the second quarter. LS Investment Advisors LLC now owns 10,582 shares of the real estate investment trust’s stock valued at $886,000 after buying an additional 2,698 shares during the period. Finally, California Public Employees Retirement System increased its position in shares of Regency Centers Corp. by 3.8% in the second quarter. California Public Employees Retirement System now owns 244,094 shares of the real estate investment trust’s stock valued at $20,438,000 after buying an additional 8,900 shares during the period. Institutional investors own 98.83% of the company’s stock.

Institutional Ownership by Quarter for Regency Centers Corp. (NYSE:REG)

Regency Centers Corp. (NYSE:REG) opened at 66.69 on Tuesday. The firm’s 50 day moving average price is $70.51 and its 200-day moving average price is $77.37. Regency Centers Corp. has a one year low of $64.33 and a one year high of $85.35. The company has a market capitalization of $6.95 billion, a PE ratio of 62.56 and a beta of 0.69.

Regency Centers Corp. (NYSE:REG) last posted its quarterly earnings results on Tuesday, November 1st. The real estate investment trust reported $0.81 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.01. Regency Centers Corp. had a return on equity of 6.61% and a net margin of 20.55%. During the same period in the previous year, the firm posted $0.76 EPS. Equities analysts forecast that Regency Centers Corp. will post $3.26 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 30th. Investors of record on Wednesday, November 16th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 3.00%. The ex-dividend date is Monday, November 14th. Regency Centers Corp.’s dividend payout ratio (DPR) is presently 186.92%.

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Several equities research analysts have recently issued reports on REG shares. BTIG Research started coverage on shares of Regency Centers Corp. in a research note on Thursday, August 25th. They issued a “neutral” rating on the stock. Jefferies Group raised their price objective on shares of Regency Centers Corp. from $83.00 to $84.00 and gave the stock a “hold” rating in a research note on Tuesday, August 23rd. Zacks Investment Research downgraded shares of Regency Centers Corp. from a “hold” rating to a “sell” rating in a research note on Monday, October 24th. Evercore ISI upgraded shares of Regency Centers Corp. from a “hold” rating to a “buy” rating and set a $80.00 price objective on the stock in a research note on Thursday, November 3rd. Finally, TheStreet downgraded shares of Regency Centers Corp. from a “buy” rating to a “hold” rating in a research note on Wednesday, November 16th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating, one has given a buy rating and two have issued a strong buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $80.50.

About Regency Centers Corp.

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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