Regency Centers Corporation $REG Shares Purchased by Entropy Technologies LP

Entropy Technologies LP grew its stake in shares of Regency Centers Corporation (NASDAQ:REG) by 546.8% in the 4th quarter, Holdings Channel reports. The institutional investor owned 34,259 shares of the company’s stock after buying an additional 28,962 shares during the quarter. Entropy Technologies LP’s holdings in Regency Centers were worth $2,365,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in REG. AQR Capital Management LLC lifted its holdings in Regency Centers by 15.4% during the 1st quarter. AQR Capital Management LLC now owns 64,337 shares of the company’s stock worth $4,701,000 after buying an additional 8,563 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Regency Centers by 3.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,894 shares of the company’s stock worth $1,099,000 after buying an additional 557 shares in the last quarter. Empowered Funds LLC lifted its stake in Regency Centers by 9.6% during the first quarter. Empowered Funds LLC now owns 5,856 shares of the company’s stock valued at $432,000 after purchasing an additional 511 shares during the last quarter. Jane Street Group LLC lifted its position in shares of Regency Centers by 81.5% during the 1st quarter. Jane Street Group LLC now owns 8,247 shares of the company’s stock valued at $608,000 after acquiring an additional 3,702 shares during the last quarter. Finally, Intech Investment Management LLC increased its stake in Regency Centers by 47.6% in the 1st quarter. Intech Investment Management LLC now owns 20,011 shares of the company’s stock worth $1,476,000 after purchasing an additional 6,451 shares in the last quarter. 96.07% of the stock is currently owned by institutional investors and hedge funds.

Regency Centers Trading Down 1.3%

REG opened at $79.26 on Tuesday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 2.14 and a current ratio of 2.14. The firm’s fifty day moving average is $78.46 and its two-hundred day moving average is $74.89. Regency Centers Corporation has a twelve month low of $66.86 and a twelve month high of $81.66. The firm has a market cap of $14.51 billion, a PE ratio of 27.33, a price-to-earnings-growth ratio of 3.40 and a beta of 0.81.

Regency Centers Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Shareholders of record on Friday, June 12th will be paid a $0.755 dividend. The ex-dividend date is Friday, June 12th. This represents a $3.02 annualized dividend and a yield of 3.8%. Regency Centers’s dividend payout ratio is currently 104.14%.

Insider Buying and Selling at Regency Centers

In other Regency Centers news, Chairman Martin E. Stein, Jr. sold 274,615 shares of the stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $78.40, for a total value of $21,529,816.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Terah L. Devereaux sold 1,240 shares of the company’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $80.14, for a total transaction of $99,373.60. Following the completion of the transaction, the insider owned 17,990 shares in the company, valued at $1,441,718.60. This trade represents a 6.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 283,782 shares of company stock worth $22,255,898 over the last ninety days. Insiders own 1.00% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. Morgan Stanley upped their price objective on shares of Regency Centers from $85.00 to $88.00 and gave the company an “overweight” rating in a research note on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft lowered shares of Regency Centers from a “buy” rating to a “hold” rating and set a $85.00 price target on the stock. in a research report on Friday, May 29th. Evercore set a $80.00 price target on Regency Centers in a report on Friday, May 1st. Weiss Ratings reiterated a “buy (b)” rating on shares of Regency Centers in a research note on Friday, May 29th. Finally, UBS Group boosted their price target on shares of Regency Centers from $75.00 to $81.00 and gave the company a “neutral” rating in a report on Monday, May 18th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $82.27.

Regency Centers Company Profile

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.