J. Goldman & Co LP Takes Position in Regency Centers Corporation $REG

J. Goldman & Co LP purchased a new position in shares of Regency Centers Corporation (NASDAQ:REG) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 290,174 shares of the company’s stock, valued at approximately $23,138,000.

Several other institutional investors also recently modified their holdings of REG. BlackRock Inc. acquired a new stake in Regency Centers in the second quarter valued at $1,597,868,000. Norges Bank bought a new stake in shares of Regency Centers in the 4th quarter valued at about $1,183,667,000. State Street Corp grew its position in shares of Regency Centers by 1.4% in the 4th quarter. State Street Corp now owns 12,572,876 shares of the company’s stock valued at $877,261,000 after buying an additional 168,884 shares during the last quarter. Principal Financial Group Inc. increased its stake in shares of Regency Centers by 10.3% in the first quarter. Principal Financial Group Inc. now owns 10,004,796 shares of the company’s stock valued at $756,967,000 after buying an additional 931,272 shares during the period. Finally, Geode Capital Management LLC raised its position in shares of Regency Centers by 1.4% during the fourth quarter. Geode Capital Management LLC now owns 4,915,089 shares of the company’s stock worth $338,110,000 after acquiring an additional 67,739 shares during the last quarter. Institutional investors own 96.07% of the company’s stock.

Insider Buying and Selling at Regency Centers

In related news, insider Terah L. Devereaux sold 1,240 shares of the business’s stock in a transaction 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 transaction, the insider owned 17,990 shares in the company, 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 Securities & Exchange Commission, which is available at the SEC website. 1.00% of the stock is owned by corporate insiders.

Regency Centers Stock Up 0.0%

Shares of Regency Centers stock opened at $76.72 on Wednesday. The stock’s 50-day moving average is $79.20 and its 200 day moving average is $78.23. Regency Centers Corporation has a one year low of $66.86 and a one year high of $83.66. The firm has a market cap of $14.05 billion, a price-to-earnings ratio of 26.01, a PEG ratio of 3.20 and a beta of 0.80. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.25 and a quick ratio of 1.25.

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

Regency Centers Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Friday, September 11th will be paid a $0.755 dividend. The ex-dividend date is Friday, September 11th. This represents a $3.02 annualized dividend and a dividend yield of 3.9%. Regency Centers’s payout ratio is currently 102.37%.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Weiss Ratings lowered Regency Centers from a “buy (b+)” rating to a “buy (b)” rating in a research note on Thursday, August 20th. UBS Group boosted their price target on shares of Regency Centers from $81.00 to $85.00 and gave the stock a “neutral” rating in a research report on Thursday, July 9th. Barclays upped their price objective on shares of Regency Centers from $90.00 to $92.00 and gave the company an “overweight” rating in a research note on Monday, August 17th. Citigroup increased their price objective on shares of Regency Centers from $76.00 to $82.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 5th. Finally, Argus set a $85.00 target price on shares of Regency Centers in a research note on Monday, August 10th. Two 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 data from MarketBeat, Regency Centers has an average rating of “Moderate Buy” and an average target price of $83.82.

Regency Centers 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.