26,705 Shares in Regency Centers Corporation $REG Acquired by Wealthfront Advisers LLC

Wealthfront Advisers LLC acquired a new stake in Regency Centers Corporation (NASDAQ:REG) during the second quarter, Holdings Channel.com reports. The fund acquired 26,705 shares of the company’s stock, valued at approximately $2,129,000.

Other institutional investors have also added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in shares of Regency Centers in the 2nd quarter valued at $1,597,868,000. Norges Bank acquired a new position in shares of Regency Centers during the 4th quarter worth $1,183,667,000. Deutsche Bank AG acquired a new position in shares of Regency Centers during the 2nd quarter worth $170,282,000. Bank of New York Mellon Corp bought a new stake in shares of Regency Centers during the 2nd quarter worth $106,858,000. Finally, Principal Financial Group Inc. lifted its position in shares of Regency Centers by 10.3% during the 1st quarter. Principal Financial Group Inc. now owns 10,004,796 shares of the company’s stock worth $756,967,000 after buying an additional 931,272 shares during the last quarter. 96.07% of the stock is currently owned by institutional investors and hedge funds.

Regency Centers Price Performance

Shares of REG opened at $76.51 on Friday. Regency Centers Corporation has a 12-month low of $66.86 and a 12-month high of $83.66. The business has a 50-day simple moving average of $79.38 and a two-hundred day simple moving average of $78.16. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.71. The stock has a market cap of $14.01 billion, a PE ratio of 25.94, a PEG ratio of 3.19 and a beta of 0.80.

Regency Centers (NASDAQ:REG) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $1.21 EPS for the quarter, beating analysts’ consensus estimates of $0.59 by $0.62. The firm had revenue of $413.51 million for the quarter, compared to analyst estimates of $411.07 million. Regency Centers had a return on equity of 8.04% and a net margin of 34.38%.During the same period last year, the firm posted $1.16 earnings per share. Regency Centers has set its FY 2026 guidance at 4.840-4.880 EPS. Analysts anticipate that Regency Centers Corporation will post 4.86 earnings per share for the current fiscal year.

Regency Centers Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 2nd. Investors of record on Friday, September 11th will be given a dividend of $0.755 per share. The ex-dividend date is Friday, September 11th. This represents a $3.02 annualized dividend and a yield of 3.9%. Regency Centers’s dividend payout ratio (DPR) is currently 102.37%.

Wall Street Analysts Forecast Growth

REG has been the topic of a number of recent analyst reports. Wells Fargo & Company decreased their target price on Regency Centers from $90.00 to $88.00 and set an “overweight” rating on the stock in a research report on Wednesday. Weiss Ratings raised shares of Regency Centers from a “buy (b)” rating to a “buy (b+)” rating in a report on Wednesday, August 5th. Citigroup raised their price target on shares of Regency Centers from $76.00 to $82.00 and gave the company a “neutral” rating in a research note on Tuesday, May 5th. BTIG Research reaffirmed a “buy” rating and set a $85.00 price target on shares of Regency Centers in a report on Friday, June 12th. Finally, UBS Group increased their price objective on shares of Regency Centers from $81.00 to $85.00 and gave the company a “neutral” rating in a research note on Thursday, July 9th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $83.82.

Insider Buying and Selling

In other Regency Centers news, insider Terah L. Devereaux sold 1,240 shares of the business’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $80.14, for a total transaction of $99,373.60. Following the sale, the insider directly owned 17,990 shares of the company’s stock, valued at $1,441,718.60. The trade was a 6.45% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.00% of the stock is currently owned by corporate insiders.

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.