Regency Centers Corporation $REG Shares Purchased by Tredje AP fonden

Tredje AP fonden increased its stake in shares of Regency Centers Corporation (NASDAQ:REG) by 248.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,206 shares of the company’s stock after acquiring an additional 7,274 shares during the period. Tredje AP fonden’s holdings in Regency Centers were worth $705,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brown Brothers Harriman & Co. grew its holdings in Regency Centers by 63.1% during the third quarter. Brown Brothers Harriman & Co. now owns 406 shares of the company’s stock worth $30,000 after acquiring an additional 157 shares during the period. CYBER HORNET ETFs LLC purchased a new position in Regency Centers during the second quarter worth approximately $31,000. MUFG Securities EMEA plc purchased a new position in Regency Centers during the second quarter worth approximately $34,000. EverSource Wealth Advisors LLC boosted its position in Regency Centers by 233.3% during the second quarter. EverSource Wealth Advisors LLC now owns 570 shares of the company’s stock worth $41,000 after purchasing an additional 399 shares in the last quarter. Finally, Advisory Services Network LLC purchased a new position in Regency Centers during the third quarter worth approximately $48,000. 96.07% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Chairman Martin E. Stein, Jr. sold 274,615 shares of Regency Centers stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $78.40, for a total transaction of $21,529,816.00. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Nicholas Andrew Wibbenmeyer sold 7,927 shares of Regency Centers stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $79.06, for a total value of $626,708.62. Following the transaction, the insider owned 33,069 shares in the company, valued at approximately $2,614,435.14. The trade was a 19.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 460,032 shares of company stock worth $35,996,456. 1.00% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities analysts have issued reports on REG shares. Truist Financial increased their price target on Regency Centers from $77.00 to $84.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Morgan Stanley increased their price target on Regency Centers from $85.00 to $88.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 21st. UBS Group increased their price target on Regency Centers from $75.00 to $81.00 and gave the stock a “neutral” rating in a research report on Monday. Robert W. Baird set a $84.00 price target on Regency Centers in a research report on Tuesday, February 10th. Finally, Evercore set a $80.00 target price on Regency Centers in a research report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat, Regency Centers currently has an average rating of “Hold” and an average target price of $81.71.

Regency Centers Stock Performance

NASDAQ REG opened at $77.74 on Thursday. The company has a market cap of $14.23 billion, a PE ratio of 26.81, a price-to-earnings-growth ratio of 3.28 and a beta of 0.82. The stock’s 50 day simple moving average is $77.61 and its 200-day simple moving average is $73.81. Regency Centers Corporation has a 1-year low of $66.86 and a 1-year high of $81.66. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.14 and a quick ratio of 2.14.

Regency Centers Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Friday, June 12th will be given a dividend of $0.755 per share. The ex-dividend date is Friday, June 12th. This represents a $3.02 dividend on an annualized basis and a yield of 3.9%. Regency Centers’s dividend payout ratio (DPR) is presently 104.14%.

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.