Canada Pension Plan Investment Board Invests $933,000 in Regency Centers Corporation $REG

Canada Pension Plan Investment Board acquired a new stake in Regency Centers Corporation (NASDAQ:REG) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 11,700 shares of the company’s stock, valued at approximately $933,000.

Other large investors have also modified their holdings of the company. BlackRock Inc. purchased a new stake in shares of Regency Centers in the second quarter valued at approximately $1,597,868,000. Norges Bank purchased a new position in Regency Centers in the fourth quarter worth $1,183,667,000. State Street Corp raised its position in Regency Centers by 1.4% in the fourth quarter. State Street Corp now owns 12,572,876 shares of the company’s stock worth $877,261,000 after acquiring an additional 168,884 shares in the last quarter. Principal Financial Group Inc. raised its position in Regency Centers by 10.3% in the first quarter. Principal Financial Group Inc. now owns 10,004,796 shares of the company’s stock worth $756,967,000 after acquiring an additional 931,272 shares in the last quarter. Finally, Geode Capital Management LLC lifted its holdings in Regency Centers by 1.4% in the fourth quarter. Geode Capital Management LLC now owns 4,915,089 shares of the company’s stock valued at $338,110,000 after acquiring an additional 67,739 shares during the period. 96.07% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on REG. UBS Group upped their price target on shares of Regency Centers from $81.00 to $85.00 and gave the stock a “neutral” rating in a research note on Thursday, July 9th. Jefferies Financial Group raised shares of Regency Centers to a “strong-buy” rating in a report on Friday, June 26th. Barclays upped their target price on shares of Regency Centers from $90.00 to $92.00 and gave the stock an “overweight” rating in a research report on Monday, August 17th. Weiss Ratings downgraded shares of Regency Centers from a “buy (b+)” rating to a “buy (b)” rating in a research report on Thursday, August 20th. Finally, BTIG Research reissued a “buy” rating and set a $85.00 price target on shares of Regency Centers in a research note on Friday, June 12th. Two equities 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. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $83.82.

Regency Centers Trading Down 1.0%

Shares of Regency Centers stock opened at $74.77 on Tuesday. Regency Centers Corporation has a 1 year low of $66.86 and a 1 year high of $83.66. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.25 and a quick ratio of 1.25. The business has a 50 day moving average price of $79.07 and a 200 day moving average price of $78.22. The company has a market capitalization of $13.69 billion, a P/E ratio of 25.35, a P/E/G ratio of 3.15 and a beta of 0.80.

Regency Centers (NASDAQ:REG) last released its quarterly earnings results on Wednesday, July 29th. The company reported $1.21 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.62. The company had revenue of $413.51 million during the quarter, compared to the consensus estimate 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 last year, the business posted $1.16 earnings per share. Regency Centers has set its FY 2026 guidance at 4.840-4.880 EPS. Sell-side 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. Investors of record on Friday, September 11th will be paid a dividend of $0.755 per share. The ex-dividend date of this dividend is Friday, September 11th. This represents a $3.02 dividend on an annualized basis and a dividend yield of 4.0%. Regency Centers’s dividend payout ratio (DPR) is presently 102.37%.

Insider Buying and Selling

In related 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 transaction of $99,373.60. Following the completion of the sale, the insider owned 17,990 shares in the company, valued at approximately $1,441,718.60. This trade represents a 6.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.00% of the company’s stock.

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.