Daiwa Securities Group Inc. lessened its holdings in Regency Centers Corp (NYSE:REG) by 21.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,351,238 shares of the real estate investment trust’s stock after selling 940,782 shares during the quarter. Regency Centers makes up about 1.9% of Daiwa Securities Group Inc.’s investment portfolio, making the stock its 13th largest holding. Daiwa Securities Group Inc. owned about 1.98% of Regency Centers worth $196,651,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Deutsche Bank AG boosted its holdings in Regency Centers by 828.0% in the third quarter. Deutsche Bank AG now owns 2,656,966 shares of the real estate investment trust’s stock worth $171,822,000 after purchasing an additional 2,370,654 shares during the period. Duff & Phelps Investment Management Co. boosted its holdings in Regency Centers by 7.1% in the third quarter. Duff & Phelps Investment Management Co. now owns 1,068,758 shares of the real estate investment trust’s stock worth $69,117,000 after purchasing an additional 70,795 shares during the period. Pensionfund Sabic acquired a new position in Regency Centers in the fourth quarter worth $1,320,000. Gateway Investment Advisers LLC boosted its holdings in Regency Centers by 0.4% in the third quarter. Gateway Investment Advisers LLC now owns 371,776 shares of the real estate investment trust’s stock worth $24,043,000 after purchasing an additional 1,636 shares during the period. Finally, Bank of New York Mellon Corp boosted its holdings in Regency Centers by 4.2% in the third quarter. Bank of New York Mellon Corp now owns 1,981,523 shares of the real estate investment trust’s stock worth $128,144,000 after purchasing an additional 79,055 shares during the period. 93.87% of the stock is owned by hedge funds and other institutional investors.

Shares of Regency Centers stock opened at $65.72 on Monday. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.57. Regency Centers Corp has a 52 week low of $54.87 and a 52 week high of $66.86. The stock has a market capitalization of $11.14 billion, a price-to-earnings ratio of 17.81, a price-to-earnings-growth ratio of 2.50 and a beta of 0.37.

A number of research firms have commented on REG. Barclays raised shares of Regency Centers from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $63.00 to $69.00 in a report on Monday, February 4th. Scotiabank started coverage on shares of Regency Centers in a report on Tuesday, October 16th. They set a “sector perform” rating for the company. Zacks Investment Research raised shares of Regency Centers from a “hold” rating to a “buy” rating and set a $71.00 price target for the company in a report on Tuesday, January 29th. Royal Bank of Canada downgraded shares of Regency Centers from a “top pick” rating to an “outperform” rating and set a $62.30 price target for the company. in a report on Friday, December 14th. Finally, SunTrust Banks reissued a “buy” rating and set a $69.00 price target on shares of Regency Centers in a report on Monday, November 19th. Five analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Regency Centers currently has an average rating of “Buy” and an average target price of $69.03.

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Regency Centers Profile

Regency Centers is the preeminent national owner, operator, and developer of shopping centers located in affluent and densely populated trade areas. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers.

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

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