Tredje AP fonden Lowers Holdings in Regency Centers Corporation $REG

Tredje AP fonden lowered its position in Regency Centers Corporation (NASDAQ:REG) by 78.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,932 shares of the company’s stock after selling 10,853 shares during the quarter. Tredje AP fonden’s holdings in Regency Centers were worth $214,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of REG. CYBER HORNET ETFs LLC purchased a new stake in shares of Regency Centers in the 2nd quarter worth $31,000. Steigerwald Gordon & Koch Inc. bought a new stake in shares of Regency Centers in the third quarter valued at about $33,000. MUFG Securities EMEA plc purchased a new stake in Regency Centers in the second quarter worth about $34,000. Financial Consulate Inc. bought a new position in Regency Centers during the 3rd quarter worth about $38,000. Finally, EverSource Wealth Advisors LLC increased its position in Regency Centers by 233.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 570 shares of the company’s stock valued at $41,000 after purchasing an additional 399 shares during the period. 96.07% of the stock is currently owned by hedge funds and other institutional investors.

Regency Centers Stock Up 1.2%

Regency Centers stock opened at $77.78 on Tuesday. Regency Centers Corporation has a 1-year low of $63.44 and a 1-year high of $78.25. The business has a fifty day moving average price of $71.74 and a 200-day moving average price of $71.24. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.05 and a quick ratio of 1.05. The stock has a market capitalization of $14.23 billion, a price-to-earnings ratio of 27.78, a PEG ratio of 3.31 and a beta of 0.94.

Regency Centers Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Wednesday, March 11th will be given a dividend of $0.755 per share. This represents a $3.02 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend is Wednesday, March 11th. Regency Centers’s payout ratio is currently 107.86%.

Analysts Set New Price Targets

Several brokerages have recently weighed in on REG. Jefferies Financial Group set a $79.00 price target on shares of Regency Centers in a research report on Monday, December 15th. Morgan Stanley restated an “overweight” rating and set a $85.00 target price on shares of Regency Centers in a report on Monday, January 5th. Barclays upgraded Regency Centers from an “equal weight” rating to an “overweight” rating and cut their price target for the company from $83.00 to $82.00 in a report on Tuesday, November 18th. Mizuho reiterated a “neutral” rating and issued a $74.00 target price (down previously from $77.00) on shares of Regency Centers in a research note on Friday, January 9th. Finally, KeyCorp reiterated a “sector weight” rating on shares of Regency Centers in a report on Thursday, December 4th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $78.79.

About Regency Centers

Regency Centers Corporation is a publicly traded real estate investment trust (REIT) specializing in the ownership, operation and development of grocery-anchored shopping centers. Focused on everyday needs retail, the company’s portfolio is strategically concentrated in high-growth, densely populated markets across the United States. By aligning its properties with essential retailers, Regency Centers delivers stable income streams and drives sustained value for shareholders.

Founded in 1963 and headquartered in Jacksonville, Florida, Regency Centers began as a single shopping center developer before evolving into one of the largest owners of grocery-center real estate.