UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Buys 1,942,853 Shares of Regency Centers Corporation $REG

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Regency Centers Corporation (NASDAQ:REG) by 18,982.4% in the 2nd quarter, HoldingsChannel reports. The fund owned 1,953,088 shares of the company’s stock after buying an additional 1,942,853 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Regency Centers were worth $155,739,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Havemeyer Place LP purchased a new position in Regency Centers during the fourth quarter valued at approximately $26,000. Brown Brothers Harriman & Co. increased its stake in shares of Regency Centers by 63.1% in the third quarter. Brown Brothers Harriman & Co. now owns 406 shares of the company’s stock worth $30,000 after purchasing an additional 157 shares in the last quarter. CYBER HORNET ETFs LLC purchased a new stake in shares of Regency Centers in the second quarter worth $31,000. Hantz Financial Services Inc. raised 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 purchasing an additional 350 shares during the period. Finally, Elevation Wealth Partners LLC raised its position in shares of Regency Centers by 541.3% during the 2nd quarter. Elevation Wealth Partners LLC now owns 481 shares of the company’s stock valued at $38,000 after purchasing an additional 406 shares during the period. Institutional investors own 96.07% of the company’s stock.

Regency Centers Price Performance

REG stock opened at $76.06 on Wednesday. Regency Centers Corporation has a one year low of $66.86 and a one year high of $83.66. The company’s fifty day moving average price is $79.02 and its 200-day moving average price is $78.22. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.25 and a current ratio of 1.25. The company has a market capitalization of $13.93 billion, a PE ratio of 25.78, a price-to-earnings-growth ratio of 3.12 and a beta of 0.79.

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. The firm had revenue of $413.51 million during the quarter, compared to analyst estimates of $411.07 million. Regency Centers had a net margin of 34.38% and a return on equity of 8.04%. During the same quarter in the prior year, the business earned $1.16 earnings per share. Regency Centers has set its FY 2026 guidance at 4.840-4.880 EPS. On average, equities analysts anticipate that Regency Centers Corporation will post 4.86 EPS 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. Shareholders of record on Friday, September 11th will be issued a dividend of $0.755 per share. This represents a $3.02 annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend is Friday, September 11th. Regency Centers’s dividend payout ratio is 102.37%.

Insider Buying and Selling at Regency Centers

In other news, insider Terah L. Devereaux sold 1,240 shares of Regency Centers 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 sale, the insider directly owned 17,990 shares of the company’s stock, valued at approximately $1,441,718.60. The trade was a 6.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.00% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

REG has been the topic of a number of analyst reports. UBS Group lifted their target price 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. Citigroup raised their price target on Regency Centers from $76.00 to $82.00 and gave the company a “neutral” rating in a report on Tuesday, May 5th. Wells Fargo & Company lowered their price objective on Regency Centers from $90.00 to $88.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 19th. 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. Finally, Weiss Ratings cut Regency Centers from a “buy (b+)” rating to a “buy (b)” rating in a research report on Thursday, August 20th. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus 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.