Readystate Asset Management LP Invests $3.55 Million in Regency Centers Corporation $REG

Readystate Asset Management LP bought a new stake in Regency Centers Corporation (NASDAQ:REG) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 44,566 shares of the company’s stock, valued at approximately $3,554,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of REG. Havemeyer Place LP acquired a new position in shares of Regency Centers in the 4th quarter valued at $26,000. Hantz Financial Services Inc. boosted its position in shares of Regency Centers by 388.9% during the 4th quarter. Hantz Financial Services Inc. now owns 440 shares of the company’s stock valued at $30,000 after acquiring an additional 350 shares in the last quarter. Brown Brothers Harriman & Co. boosted its position in shares of Regency Centers by 63.1% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 406 shares of the company’s stock valued at $30,000 after acquiring an additional 157 shares in the last quarter. CYBER HORNET ETFs LLC bought a new stake in Regency Centers in the second quarter valued at about $31,000. Finally, MUFG Securities EMEA plc acquired a new position in Regency Centers in the second quarter worth about $34,000. 96.07% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, insider Terah Devereaux sold 1,240 shares of Regency Centers 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 directly owned 17,990 shares of the company’s stock, valued at $1,441,718.60. This trade represents a 6.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 1.00% of the company’s stock.

Wall Street Analysts Forecast Growth

REG has been the subject of a number of analyst reports. Barclays raised their price target on shares of Regency Centers from $90.00 to $92.00 and gave the stock an “overweight” rating in a research note on Monday, August 17th. UBS Group boosted their price target on Regency Centers from $81.00 to $85.00 and gave the company a “neutral” rating in a research note on Thursday, July 9th. Argus set a $85.00 price objective on Regency Centers in a research note on Monday, August 10th. Deutsche Bank Aktiengesellschaft cut Regency Centers from a “buy” rating to a “hold” rating and set a $85.00 price objective for the company. in a report on Friday, May 29th. Finally, BTIG Research reaffirmed a “buy” rating and issued a $85.00 target price on shares of Regency Centers in a report on Friday, June 12th. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $83.82.

Regency Centers Stock Performance

REG stock opened at $75.26 on Monday. The business has a fifty day moving average price of $78.72 and a 200 day moving average price of $78.21. Regency Centers Corporation has a fifty-two week low of $66.86 and a fifty-two week high of $83.66. The stock has a market capitalization of $13.78 billion, a price-to-earnings ratio of 25.51, a P/E/G ratio of 4.47 and a beta of 0.79. 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 (EPS) for the quarter, topping analysts’ consensus estimates of $0.59 by $0.62. The firm had revenue of $413.51 million for the quarter, compared to analysts’ expectations 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 last year, the business earned $1.16 earnings per share. Regency Centers has set its FY 2026 guidance at 4.840-4.880 EPS. Analysts expect that Regency Centers Corporation will post 4.86 EPS for the current fiscal year.

Regency Centers Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Friday, September 11th will be paid a $0.755 dividend. This represents a $3.02 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend is Friday, September 11th. Regency Centers’s dividend payout ratio is presently 102.37%.

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.