Nykredit A S Invests $6.61 Million in Regency Centers Corporation $REG

Nykredit A S 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 (SEC). The fund bought 82,927 shares of the company’s stock, valued at approximately $6,613,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Nomura Asset Management Co. Ltd. raised 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 purchasing an additional 10,745 shares in the last quarter. Legal & General Group Plc lifted 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 valued at $117,698,000 after purchasing an additional 46,438 shares during the last quarter. F m Investments LLC purchased a new position in shares of Regency Centers in the 4th quarter worth $1,128,000. Norges Bank purchased a new position in shares of Regency Centers in the 4th quarter worth $1,183,667,000. Finally, Geode Capital Management LLC increased its holdings in shares of Regency Centers by 1.4% in the 4th quarter. Geode Capital Management LLC now owns 4,915,089 shares of the company’s stock worth $338,110,000 after buying an additional 67,739 shares during the last quarter. 96.07% of the stock is owned by institutional investors.

Regency Centers Stock Performance

Shares of NASDAQ:REG opened at $75.26 on Monday. 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 12 month low of $66.86 and a 12 month high of $83.66. The company has a market capitalization of $13.78 billion, a price-to-earnings ratio of 25.51, a PEG ratio of 4.47 and a beta of 0.79. The firm’s 50-day moving average is $78.72 and its 200 day moving average is $78.21.

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

Regency Centers Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Investors of record on Friday, September 11th will be issued a dividend of $0.755 per share. The ex-dividend date 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%.

Analysts Set New Price Targets

REG has been the topic of several recent research reports. LADENBURG THALM/SH SH upped their target price on shares of Regency Centers from $83.00 to $85.00 and gave the company a “neutral” rating in a research report on Friday, July 31st. BTIG Research reissued a “buy” rating and set a $85.00 price objective on shares of Regency Centers in a research note on Friday, June 12th. Raymond James Financial restated an “outperform” rating and set a $88.00 price objective on shares of Regency Centers in a research report on Monday, June 29th. Jefferies Financial Group upgraded Regency Centers to a “strong-buy” rating in a report on Friday, June 26th. Finally, Evercore set a $83.00 target price on Regency Centers in a research report on Thursday, July 30th. Two investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $83.82.

Insider Transactions at Regency Centers

In other Regency Centers news, insider Terah Devereaux sold 1,240 shares of the company’s stock in a transaction on 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 owned 17,990 shares of the company’s stock, valued at $1,441,718.60. This represents a 6.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.00% of the stock is currently owned by insiders.

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.