Quantbot Technologies LP Purchases New Position in Regency Centers Corporation $REG

Quantbot Technologies LP acquired a new position in shares of Regency Centers Corporation (NASDAQ:REG) during the 2nd quarter, Holdings Channel.com reports. The fund acquired 138,901 shares of the company’s stock, valued at approximately $11,076,000. Regency Centers makes up about 0.4% of Quantbot Technologies LP’s holdings, making the stock its 19th biggest position.

Several other hedge funds also recently modified their holdings of the company. BlackRock Inc. bought a new position in shares of Regency Centers in the second quarter valued at approximately $1,597,868,000. Norges Bank bought a new stake in Regency Centers during the 4th quarter worth approximately $1,183,667,000. State Street Corp increased its holdings in Regency Centers by 1.4% during the 4th quarter. State Street Corp now owns 12,572,876 shares of the company’s stock valued at $877,261,000 after purchasing an additional 168,884 shares in the last quarter. Principal Financial Group Inc. raised its position in Regency Centers by 10.3% in the 1st quarter. Principal Financial Group Inc. now owns 10,004,796 shares of the company’s stock valued at $756,967,000 after purchasing an additional 931,272 shares during the last quarter. Finally, Geode Capital Management LLC raised its position 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. Institutional investors and hedge funds own 96.07% of the company’s stock.

Regency Centers Trading Down 0.6%

REG stock opened at $76.06 on Friday. The company has a market cap of $13.93 billion, a P/E ratio of 25.78, a PEG ratio of 3.18 and a beta of 0.80. Regency Centers Corporation has a twelve month low of $66.86 and a twelve month high of $83.66. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.71. The business has a fifty day moving average of $79.29 and a 200-day moving average of $78.14.

Regency Centers (NASDAQ:REG) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $1.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.62. The business had revenue of $413.51 million for the quarter, compared to analyst estimates of $411.07 million. Regency Centers had a return on equity of 8.04% and a net margin of 34.38%.During the same quarter in the prior year, the firm posted $1.16 earnings per share. Regency Centers has set its FY 2026 guidance at 4.840-4.880 EPS. As a group, equities research analysts expect that Regency Centers Corporation will post 4.86 EPS for the current year.

Regency Centers Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Friday, September 11th will be given 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 dividend payout ratio is presently 102.37%.

Insider Activity

In other news, insider Terah L. Devereaux sold 1,240 shares of Regency Centers stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $80.14, for a total transaction of $99,373.60. Following the completion of the sale, the insider owned 17,990 shares in the company, valued at $1,441,718.60. The trade was a 6.45% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 1.00% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on REG. Weiss Ratings cut Regency Centers from a “buy (b+)” rating to a “buy (b)” rating in a report on Thursday. Deutsche Bank Aktiengesellschaft cut Regency Centers from a “buy” rating to a “hold” rating and set a $85.00 price target for the company. in a report on Friday, May 29th. Wells Fargo & Company reduced their price target on shares of Regency Centers from $90.00 to $88.00 and set an “overweight” rating on the stock in a research report on Wednesday. Evercore set a $83.00 price objective on shares of Regency Centers in a report on Thursday, July 30th. Finally, Argus set a $85.00 price objective on shares of Regency Centers in a research report on Monday, August 10th. Two research analysts have rated the stock with a Strong Buy rating, seven 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 “Moderate Buy” and an average price target of $83.82.

Regency Centers Company 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.