Mitsubishi UFJ Trust & Banking Corp trimmed its holdings in shares of Regency Centers Corporation (NYSE:REG) by 0.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 307,150 shares of the real estate investment trust’s stock after selling 2,257 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned about 0.18% of Regency Centers worth $19,056,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. FMR LLC raised its stake in shares of Regency Centers by 3,011.1% during the second quarter. FMR LLC now owns 1,541,911 shares of the real estate investment trust’s stock valued at $96,585,000 after purchasing an additional 1,492,349 shares during the period. JPMorgan Chase & Co. raised its stake in shares of Regency Centers by 15.1% during the second quarter. JPMorgan Chase & Co. now owns 4,274,814 shares of the real estate investment trust’s stock valued at $267,775,000 after purchasing an additional 560,110 shares during the period. Goldman Sachs Group Inc. raised its stake in shares of Regency Centers by 31.8% during the second quarter. Goldman Sachs Group Inc. now owns 1,631,095 shares of the real estate investment trust’s stock valued at $102,172,000 after purchasing an additional 393,523 shares during the period. Cbre Clarion Securities LLC raised its stake in shares of Regency Centers by 9.0% during the second quarter. Cbre Clarion Securities LLC now owns 4,059,624 shares of the real estate investment trust’s stock valued at $254,295,000 after purchasing an additional 334,961 shares during the period. Finally, Nationwide Fund Advisors raised its stake in shares of Regency Centers by 574.6% during the second quarter. Nationwide Fund Advisors now owns 327,499 shares of the real estate investment trust’s stock valued at $20,515,000 after purchasing an additional 278,949 shares during the period. 92.49% of the stock is currently owned by hedge funds and other institutional investors.

In other Regency Centers news, Vice Chairman Chaim Katzman sold 1,055,758 shares of the business’s stock in a transaction on Monday, September 11th. The shares were sold at an average price of $64.30, for a total transaction of $67,885,239.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 12.66% of the stock is owned by insiders.

REG has been the subject of a number of research analyst reports. Argus dropped their price target on shares of Regency Centers from $80.00 to $75.00 and set a “buy” rating for the company in a research note on Thursday, August 31st. Robert W. Baird restated a “buy” rating and issued a $72.00 price target on shares of Regency Centers in a research note on Thursday, August 24th. Zacks Investment Research upgraded shares of Regency Centers from a “hold” rating to a “buy” rating and set a $71.00 price target for the company in a research note on Thursday, September 14th. SunTrust Banks restated a “buy” rating and issued a $74.00 price target on shares of Regency Centers in a research note on Friday, December 1st. Finally, Jefferies Group lowered shares of Regency Centers from a “buy” rating to a “hold” rating and dropped their price target for the stock from $74.00 to $67.00 in a research note on Friday, September 15th. Eight equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. Regency Centers currently has a consensus rating of “Hold” and an average price target of $70.59.

Regency Centers Corporation (NYSE:REG) traded up $0.13 during mid-day trading on Friday, reaching $67.58. 638,975 shares of the company’s stock traded hands, compared to its average volume of 756,491. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.53. Regency Centers Corporation has a 12-month low of $58.63 and a 12-month high of $72.05. The company has a market capitalization of $11,473.95, a price-to-earnings ratio of 18.53, a price-to-earnings-growth ratio of 2.27 and a beta of 0.58.

Regency Centers (NYSE:REG) last released its earnings results on Wednesday, November 1st. The real estate investment trust reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.91 by $0.04. Regency Centers had a net margin of 17.59% and a return on equity of 2.82%. The firm had revenue of $262.14 million during the quarter, compared to analyst estimates of $254.04 million. During the same quarter in the previous year, the firm earned $0.81 earnings per share. equities research analysts predict that Regency Centers Corporation will post 3.68 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 29th. Shareholders of record on Wednesday, November 15th were paid a dividend of $0.53 per share. The ex-dividend date was Tuesday, November 14th. This represents a $2.12 annualized dividend and a yield of 3.14%. Regency Centers’s payout ratio is 235.56%.

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About Regency Centers

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 (NYSE:REG)

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