Hsbc Holdings PLC lowered its stake in Regency Centers Corporation (NASDAQ:REG – Free Report) by 1.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,354,984 shares of the company’s stock after selling 22,403 shares during the period. Hsbc Holdings PLC owned approximately 0.74% of Regency Centers worth $108,196,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. Nomura Asset Management Co. Ltd. raised its position in Regency Centers by 3.6% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 311,562 shares of the company’s stock worth $21,507,000 after acquiring an additional 10,745 shares in the last quarter. Legal & General Group Plc raised its position 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 worth $117,698,000 after acquiring an additional 46,438 shares during the last quarter. F m Investments LLC acquired a new position in shares of Regency Centers during the 4th quarter worth approximately $1,128,000. Norges Bank acquired a new position in shares of Regency Centers in the fourth quarter worth $1,183,667,000. Finally, Geode Capital Management LLC raised its stake in Regency Centers by 1.4% in the 4th quarter. Geode Capital Management LLC now owns 4,915,089 shares of the company’s stock valued at $338,110,000 after purchasing an additional 67,739 shares during the last quarter. 96.07% of the stock is owned by hedge funds and other institutional investors.
Insider Activity at Regency Centers
In other news, insider Terah Devereaux sold 1,240 shares of the firm’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $80.14, for a total value of $99,373.60. Following the transaction, the insider directly owned 17,990 shares in the company, valued at $1,441,718.60. This trade represents a 6.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.00% of the stock is currently owned by company insiders.
Regency Centers Price Performance
Regency Centers (NASDAQ:REG – Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The company reported $1.21 EPS for the quarter, topping analysts’ consensus estimates of $0.59 by $0.62. The business had revenue of $413.51 million during 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 period in the prior year, the firm posted $1.16 EPS. Regency Centers has set its FY 2026 guidance at 4.840-4.880 EPS. On average, analysts anticipate that Regency Centers Corporation will post 4.86 EPS for the current year.
Regency Centers Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Friday, September 11th will be paid 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 4.0%. Regency Centers’s dividend payout ratio is currently 102.37%.
Wall Street Analysts Forecast Growth
Several research analysts have weighed in on the company. UBS Group boosted their price target on Regency Centers from $81.00 to $85.00 and gave the company a “neutral” rating in a report on Thursday, July 9th. Evercore set a $83.00 price objective on Regency Centers in a research report on Thursday, July 30th. Barclays increased their target price on Regency Centers from $90.00 to $92.00 and gave the stock an “overweight” rating in a research report on Monday, August 17th. Deutsche Bank Aktiengesellschaft lowered Regency Centers from a “buy” rating to a “hold” rating and set a $85.00 price target on the stock. in a research note on Friday, May 29th. 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 assigned a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $83.82.
Read Our Latest Stock Report on REG
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.
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