Knights of Columbus Asset Advisors LLC Has $2.02 Million Stock Holdings in Regency Centers Corporation $REG

Knights of Columbus Asset Advisors LLC trimmed its position in shares of Regency Centers Corporation (NASDAQ:REG) by 43.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,689 shares of the company’s stock after selling 21,426 shares during the period. Knights of Columbus Asset Advisors LLC’s holdings in Regency Centers were worth $2,019,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of REG. AQR Capital Management LLC raised its stake in shares of Regency Centers by 15.4% during the 1st quarter. AQR Capital Management LLC now owns 64,337 shares of the company’s stock worth $4,701,000 after purchasing an additional 8,563 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Regency Centers by 3.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,894 shares of the company’s stock valued at $1,099,000 after buying an additional 557 shares in the last quarter. Empowered Funds LLC increased its holdings in Regency Centers by 9.6% in the first quarter. Empowered Funds LLC now owns 5,856 shares of the company’s stock worth $432,000 after buying an additional 511 shares during the last quarter. Jane Street Group LLC increased its holdings in Regency Centers by 81.5% in the first quarter. Jane Street Group LLC now owns 8,247 shares of the company’s stock worth $608,000 after buying an additional 3,702 shares during the last quarter. Finally, Intech Investment Management LLC raised its position in Regency Centers by 47.6% during the first quarter. Intech Investment Management LLC now owns 20,011 shares of the company’s stock valued at $1,476,000 after acquiring an additional 6,451 shares in the last quarter. Institutional investors and hedge funds own 96.07% of the company’s stock.

Regency Centers Stock Performance

Shares of REG opened at $72.87 on Friday. The company has a market capitalization of $13.33 billion, a PE ratio of 33.58, a price-to-earnings-growth ratio of 2.69 and a beta of 0.93. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.20 and a quick ratio of 1.20. Regency Centers Corporation has a one year low of $63.44 and a one year high of $78.18. The company’s fifty day moving average price is $69.77 and its 200 day moving average price is $70.74.

Regency Centers (NASDAQ:REG) last issued its quarterly earnings results on Tuesday, October 28th. The company reported $1.15 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.15. The company had revenue of $387.57 million for the quarter, compared to the consensus estimate of $374.83 million. Regency Centers had a return on equity of 6.14% and a net margin of 27.04%.During the same period last year, the business posted $1.07 earnings per share. As a group, analysts expect that Regency Centers Corporation will post 4.54 earnings per share for the current year.

Insiders Place Their Bets

In other Regency Centers news, Chairman Martin E. Stein, Jr. sold 15,000 shares of the firm’s stock in a transaction on Monday, November 10th. The shares were sold at an average price of $70.02, for a total value of $1,050,300.00. Following the sale, the chairman directly owned 272,958 shares in the company, valued at $19,112,519.16. This trade represents a 5.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 1.00% of the stock is currently owned by company insiders.

Analyst Ratings Changes

REG has been the subject of several recent research reports. KeyCorp reissued a “sector weight” rating on shares of Regency Centers in a research report on Thursday, December 4th. Truist Financial reduced their price objective on shares of Regency Centers from $81.00 to $77.00 and set a “buy” rating for the company in a research note on Tuesday, November 18th. Jefferies Financial Group set a $79.00 price objective on shares of Regency Centers in a report on Monday, December 15th. Mizuho restated a “neutral” rating and set a $74.00 target price (down from $77.00) on shares of Regency Centers in a report on Friday, January 9th. Finally, Scotiabank reduced their price target on Regency Centers from $78.00 to $76.00 and set a “sector perform” rating for the company in a research report on Wednesday, January 14th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $78.69.

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.