Cibc World Market Inc. Invests $3.46 Million in Regency Centers Corporation $REG

Cibc World Market Inc. bought a new position in Regency Centers Corporation (NASDAQ:REG) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 43,433 shares of the company’s stock, valued at approximately $3,463,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. M&T Bank Corp increased its stake in Regency Centers by 168.6% in the 4th quarter. M&T Bank Corp now owns 25,931 shares of the company’s stock worth $1,791,000 after purchasing an additional 16,277 shares in the last quarter. Nomura Asset Management Co. Ltd. lifted its stake in Regency Centers by 3.6% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 311,562 shares of the company’s stock valued at $21,507,000 after buying an additional 10,745 shares in the last quarter. Legal & General Group Plc lifted its stake in Regency Centers by 2.8% during the fourth quarter. Legal & General Group Plc now owns 1,705,024 shares of the company’s stock valued at $117,698,000 after buying an additional 46,438 shares in the last quarter. F m Investments LLC acquired a new position in shares of Regency Centers in the fourth quarter worth about $1,128,000. Finally, Norges Bank acquired a new position in shares of Regency Centers in the fourth quarter worth about $1,183,667,000. 96.07% of the stock is owned by institutional investors and hedge funds.

Regency Centers Trading Down 0.4%

Shares of NASDAQ REG opened at $76.38 on Thursday. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.71. Regency Centers Corporation has a one year low of $66.86 and a one year high of $83.66. The business has a 50-day moving average price of $79.18 and a two-hundred day moving average price of $78.24. The firm has a market capitalization of $13.99 billion, a PE ratio of 25.89, a PEG ratio of 3.21 and a beta of 0.80.

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

Regency Centers Dividend Announcement

The business also recently disclosed 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 of this dividend is Friday, September 11th. This represents a $3.02 dividend on an annualized basis and a yield of 4.0%. Regency Centers’s payout ratio is presently 102.37%.

Insiders Place Their Bets

In other Regency Centers news, insider Terah L. Devereaux sold 1,240 shares of the company’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 value of $99,373.60. Following the transaction, the insider owned 17,990 shares in the company, valued at approximately $1,441,718.60. This represents a 6.45% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.00% of the company’s stock.

Wall Street Analysts Forecast Growth

REG has been the topic of several analyst reports. LADENBURG THALM/SH SH lifted their target price on shares of Regency Centers from $83.00 to $85.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. Evercore set a $83.00 price target on shares of Regency Centers in a research report on Thursday, July 30th. Raymond James Financial reaffirmed an “outperform” rating and issued a $88.00 price objective on shares of Regency Centers in a research note on Monday, June 29th. Weiss Ratings cut shares of Regency Centers from a “buy (b+)” rating to a “buy (b)” rating in a research report on Thursday, August 20th. Finally, Jefferies Financial Group raised shares of Regency Centers to a “strong-buy” rating in a research note on Friday, June 26th. 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, the company currently has a consensus rating of “Moderate Buy” and an average price target of $83.82.

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.