Regency Centers Corporation (NYSE:REG) saw unusually large options trading activity on Monday. Investors bought 3,527 call options on the stock. This represents an increase of Infinity compared to the average daily volume of 0 call options.

Shares of Regency Centers Corporation (REG) opened at $67.40 on Friday. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.53. The company has a market cap of $11,430.00, a P/E ratio of 18.38, a P/E/G ratio of 2.23 and a beta of 0.55. Regency Centers Corporation has a fifty-two week low of $58.63 and a fifty-two week high of $72.05.

Regency Centers Corporation (NYSE:REG) last posted its quarterly earnings results on Wednesday, November 1st. The real estate investment trust reported $0.95 EPS for the quarter, topping the consensus estimate of $0.91 by $0.04. The business had revenue of $262.14 million during the quarter, compared to analysts’ expectations of $254.04 million. Regency Centers Corporation had a net margin of 17.59% and a return on equity of 2.82%. During the same period last year, the company posted $0.81 earnings per share. analysts anticipate that Regency Centers Corporation will post 3.68 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 29th. Shareholders of record on Wednesday, November 15th will be paid a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a yield of 3.15%. The ex-dividend date of this dividend is Tuesday, November 14th. Regency Centers Corporation’s dividend payout ratio (DPR) is presently 235.56%.

In other Regency Centers Corporation news, Vice Chairman Chaim Katzman sold 1,055,758 shares of the firm’s stock in a transaction dated Monday, September 11th. The shares were sold at an average price of $64.30, for a total value of $67,885,239.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Mary Lou Fiala sold 7,775 shares of the firm’s stock in a transaction dated 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 of the company’s stock, valued at $1,127,112.30. The disclosure for this sale can be found here. Over the last quarter, insiders sold 1,068,033 shares of company stock valued at $68,404,918. Corporate insiders own 12.66% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the business. IHT Wealth Management LLC acquired a new stake in Regency Centers Corporation in the second quarter valued at approximately $124,000. Perigon Wealth Management LLC lifted its stake in Regency Centers Corporation by 93.2% in the second quarter. Perigon Wealth Management LLC now owns 2,125 shares of the real estate investment trust’s stock valued at $133,000 after acquiring an additional 1,025 shares during the last quarter. Global X Management Co. LLC acquired a new stake in Regency Centers Corporation in the second quarter valued at approximately $179,000. Advisor Group Inc. lifted its stake in Regency Centers Corporation by 15.6% in the second quarter. Advisor Group Inc. now owns 2,999 shares of the real estate investment trust’s stock valued at $188,000 after acquiring an additional 404 shares during the last quarter. Finally, Riverhead Capital Management LLC lifted its stake in Regency Centers Corporation by 342.9% in the second quarter. Riverhead Capital Management LLC now owns 3,100 shares of the real estate investment trust’s stock valued at $194,000 after acquiring an additional 2,400 shares during the last quarter. Hedge funds and other institutional investors own 90.65% of the company’s stock.

REG has been the subject of several recent analyst reports. Zacks Investment Research upgraded shares of Regency Centers Corporation from a “hold” rating to a “buy” rating and set a $70.00 target price for the company in a report on Tuesday, October 10th. Robert W. Baird reiterated a “buy” rating and issued a $72.00 target price on shares of Regency Centers Corporation in a report on Thursday, August 24th. Boenning Scattergood cut shares of Regency Centers Corporation from a “neutral” rating to an “under perform” rating and set a $62.50 target price for the company. in a report on Tuesday, September 12th. Royal Bank Of Canada upgraded shares of Regency Centers Corporation from an “outperform” rating to a “top pick” rating and raised their target price for the stock from $72.00 to $75.00 in a report on Thursday, August 17th. Finally, Citigroup Inc. set a $70.00 target price on shares of Regency Centers Corporation and gave the stock a “hold” rating in a report on Monday, August 14th. Seven analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. Regency Centers Corporation has a consensus rating of “Buy” and a consensus target price of $70.86.

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Regency Centers Corporation Company 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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