TD Asset Management Inc. reduced its position in shares of Regency Centers Corporation (NYSE:REG) by 4.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 62,496 shares of the real estate investment trust’s stock after selling 2,941 shares during the period. TD Asset Management Inc.’s holdings in Regency Centers Corporation were worth $3,915,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Vanguard Group Inc. raised its stake in Regency Centers Corporation by 59.5% in the first quarter. Vanguard Group Inc. now owns 25,851,494 shares of the real estate investment trust’s stock worth $1,716,282,000 after buying an additional 9,643,138 shares in the last quarter. BlackRock Inc. raised its stake in Regency Centers Corporation by 4,387.0% in the first quarter. BlackRock Inc. now owns 14,817,817 shares of the real estate investment trust’s stock worth $983,755,000 after buying an additional 14,487,580 shares in the last quarter. State Street Corp raised its stake in Regency Centers Corporation by 61.9% in the first quarter. State Street Corp now owns 8,575,865 shares of the real estate investment trust’s stock worth $569,344,000 after buying an additional 3,280,070 shares in the last quarter. Daiwa Securities Group Inc. raised its stake in Regency Centers Corporation by 109.7% in the second quarter. Daiwa Securities Group Inc. now owns 5,350,352 shares of the real estate investment trust’s stock worth $335,146,000 after buying an additional 2,799,040 shares in the last quarter. Finally, APG Asset Management US Inc. raised its stake in Regency Centers Corporation by 15.3% in the first quarter. APG Asset Management US Inc. now owns 5,163,000 shares of the real estate investment trust’s stock worth $342,772,000 after buying an additional 684,300 shares in the last quarter. 88.89% of the stock is currently owned by institutional investors.

Regency Centers Corporation (REG) opened at 64.68 on Monday. The firm has a market cap of $10.98 billion, a P/E ratio of 107.44 and a beta of 0.56. Regency Centers Corporation has a 52-week low of $58.63 and a 52-week high of $82.44. The company’s 50 day moving average is $64.68 and its 200-day moving average is $65.05.

Regency Centers Corporation (NYSE:REG) last announced its earnings results on Thursday, August 3rd. The real estate investment trust reported $0.93 EPS for the quarter, beating the Zacks’ consensus estimate of $0.90 by $0.03. The firm had revenue of $240.42 million for the quarter, compared to analysts’ expectations of $248.50 million. Regency Centers Corporation had a net margin of 13.19% and a return on equity of 2.20%. During the same quarter in the previous year, the business posted $0.81 EPS. On average, equities analysts predict that Regency Centers Corporation will post $0.92 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 30th. Stockholders of record on Wednesday, August 16th will be given a $0.53 dividend. This represents a $2.12 annualized dividend and a dividend yield of 3.28%. The ex-dividend date is Monday, August 14th. Regency Centers Corporation’s dividend payout ratio is presently 353.34%.

COPYRIGHT VIOLATION WARNING: This report was originally published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this report on another site, it was copied illegally and reposted in violation of United States and international trademark & copyright law. The original version of this report can be viewed at https://www.thecerbatgem.com/2017/08/21/td-asset-management-inc-has-3-92-million-position-in-regency-centers-corporation-reg.html.

A number of equities research analysts have recently commented on REG shares. BidaskClub raised shares of Regency Centers Corporation from a “hold” rating to a “buy” rating in a research note on Tuesday, August 1st. Citigroup Inc. set a $70.00 price objective on shares of Regency Centers Corporation and gave the company a “hold” rating in a research note on Monday, August 14th. Barclays PLC reaffirmed an “equal weight” rating and issued a $73.00 price objective (up from $72.00) on shares of Regency Centers Corporation in a research note on Monday, July 10th. Royal Bank Of Canada raised shares of Regency Centers Corporation from an “outperform” rating to a “top pick” rating and upped their price objective for the company from $72.00 to $75.00 in a research note on Thursday. Finally, Jefferies Group LLC reiterated a “buy” rating and set a $74.00 target price on shares of Regency Centers Corporation in a research report on Monday, July 17th. Seven investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $74.70.

In other news, insider H Craig Ramey sold 1,048 shares of Regency Centers Corporation stock in a transaction dated Friday, June 9th. The stock was sold at an average price of $62.17, for a total value of $65,154.16. Following the completion of the transaction, the insider now owns 15,769 shares of the company’s stock, valued at approximately $980,358.73. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 12.66% of the stock is owned by insiders.

About Regency Centers Corporation

Regency Centers Corporation is a real estate investment trust (REIT). The Company is the general partner of Regency Centers, L.P. (the Operating Partnership). The Company is engaged in the ownership, management, leasing, acquisition and development of retail shopping centers through the Operating Partnership.

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

Receive News & Stock Ratings for Regency Centers Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Regency Centers Corporation and related stocks with our FREE daily email newsletter.