Nationwide Fund Advisors increased its stake in Regency Centers Corporation (NYSE:REG) by 574.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 327,499 shares of the real estate investment trust’s stock after purchasing an additional 278,949 shares during the quarter. Nationwide Fund Advisors owned approximately 0.19% of Regency Centers Corporation worth $20,515,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the stock. Norinchukin Bank The raised its holdings in shares of Regency Centers Corporation by 7.0% in the 2nd quarter. Norinchukin Bank The now owns 10,151 shares of the real estate investment trust’s stock worth $636,000 after purchasing an additional 662 shares during the period. Ameriprise Financial Inc. raised its holdings in shares of Regency Centers Corporation by 0.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 226,631 shares of the real estate investment trust’s stock worth $14,197,000 after purchasing an additional 1,669 shares during the period. Fort Washington Investment Advisors Inc. OH bought a new stake in shares of Regency Centers Corporation in the 2nd quarter worth approximately $326,000. TIAA CREF Investment Management LLC raised its holdings in shares of Regency Centers Corporation by 2.3% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 798,532 shares of the real estate investment trust’s stock worth $50,020,000 after purchasing an additional 17,711 shares during the period. Finally, Teachers Advisors LLC raised its holdings in shares of Regency Centers Corporation by 1.7% in the 2nd quarter. Teachers Advisors LLC now owns 871,162 shares of the real estate investment trust’s stock worth $54,570,000 after purchasing an additional 14,695 shares during the period. 91.52% of the stock is currently owned by institutional investors.

In other Regency Centers Corporation news, Vice Chairman Chaim Katzman sold 1,055,758 shares of the stock in a transaction that occurred on Monday, September 11th. The shares were sold at an average price of $64.30, for a total value of $67,885,239.40. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Mary Lou Fiala sold 7,775 shares of the stock in a transaction that occurred on Wednesday, August 23rd. The stock was sold at an average price of $65.74, for a total transaction of $511,128.50. Following the completion of the transaction, the director now owns 17,145 shares in the company, valued at $1,127,112.30. The disclosure for this sale can be found here. 12.66% of the stock is currently owned by company insiders.

A number of equities research analysts recently commented on the stock. Robert W. Baird reaffirmed a “buy” rating and issued a $72.00 price target on shares of Regency Centers Corporation in a report on Thursday, August 24th. Zacks Investment Research cut shares of Regency Centers Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, August 16th. BidaskClub cut shares of Regency Centers Corporation from a “sell” rating to a “strong sell” rating in a report on Thursday, June 22nd. Argus lowered their price target on shares of Regency Centers Corporation from $80.00 to $75.00 and set a “buy” rating on the stock in a report on Thursday, August 31st. Finally, TheStreet raised shares of Regency Centers Corporation from a “c” rating to a “b-” rating in a report on Thursday, August 3rd. One research analyst has rated the stock with a sell rating, seven have given a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $71.54.

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Regency Centers Corporation (NYSE:REG) opened at 63.95 on Tuesday. Regency Centers Corporation has a 1-year low of $58.63 and a 1-year high of $79.96. The company has a 50-day moving average of $65.25 and a 200-day moving average of $64.19. The stock has a market capitalization of $10.86 billion, a price-to-earnings ratio of 106.23 and a beta of 0.56.

Regency Centers Corporation (NYSE:REG) last released its quarterly earnings results on Thursday, August 3rd. The real estate investment trust reported $0.93 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.90 by $0.03. Regency Centers Corporation had a net margin of 13.19% and a return on equity of 2.20%. The business had revenue of $240.42 million for the quarter, compared to the consensus estimate of $248.50 million. During the same period last year, the firm earned $0.81 earnings per share. Analysts anticipate that Regency Centers Corporation will post $0.89 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 30th. Shareholders of record on Wednesday, August 16th were given a $0.53 dividend. The ex-dividend date was Monday, August 14th. This represents a $2.12 annualized dividend and a yield of 3.32%. Regency Centers Corporation’s payout ratio is presently 353.34%.

Regency Centers Corporation Profile

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.

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

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