Regency Centers Corporation $REG Holdings Cut by Baldwin Wealth Partners LLC MA

Baldwin Wealth Partners LLC MA decreased its stake in Regency Centers Corporation (NASDAQ:REG) by 2.7% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 164,623 shares of the company’s stock after selling 4,538 shares during the quarter. Baldwin Wealth Partners LLC MA’s holdings in Regency Centers were worth $11,726,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in REG. Wealth Enhancement Advisory Services LLC increased its stake in shares of Regency Centers by 9.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 6,906 shares of the company’s stock worth $511,000 after purchasing an additional 619 shares during the last quarter. Park Avenue Securities LLC acquired a new position in shares of Regency Centers during the 1st quarter worth $211,000. Farther Finance Advisors LLC increased its stake in shares of Regency Centers by 43.1% during the 1st quarter. Farther Finance Advisors LLC now owns 1,435 shares of the company’s stock worth $106,000 after purchasing an additional 432 shares during the last quarter. Yousif Capital Management LLC increased its stake in shares of Regency Centers by 1.9% during the 1st quarter. Yousif Capital Management LLC now owns 38,599 shares of the company’s stock worth $2,847,000 after purchasing an additional 734 shares during the last quarter. Finally, SG Americas Securities LLC acquired a new position in shares of Regency Centers during the 1st quarter worth $734,000. Hedge funds and other institutional investors own 96.07% of the company’s stock.

Regency Centers Stock Performance

NASDAQ REG opened at $71.33 on Friday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.13 and a quick ratio of 1.13. The firm has a market capitalization of $12.95 billion, a price-to-earnings ratio of 33.33, a P/E/G ratio of 3.08 and a beta of 1.09. The company’s fifty day moving average is $71.79 and its two-hundred day moving average is $71.39. Regency Centers Corporation has a 52-week low of $63.44 and a 52-week high of $78.18.

Regency Centers (NASDAQ:REG) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $1.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.12 by $0.04. The company had revenue of $369.85 million for the quarter, compared to analyst estimates of $366.35 million. Regency Centers had a net margin of 27.00% and a return on equity of 6.05%. The business’s quarterly revenue was up 6.6% on a year-over-year basis. During the same period last year, the business posted $1.06 EPS. Regency Centers has set its FY 2025 guidance at 4.590-4.630 EPS. Equities research analysts forecast that Regency Centers Corporation will post 4.54 EPS for the current year.

Regency Centers Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th were given a $0.705 dividend. This represents a $2.82 annualized dividend and a yield of 4.0%. The ex-dividend date was Thursday, September 11th. Regency Centers’s dividend payout ratio (DPR) is currently 131.78%.

Wall Street Analysts Forecast Growth

REG has been the topic of several analyst reports. Weiss Ratings restated a “buy (b-)” rating on shares of Regency Centers in a research note on Wednesday. Scotiabank increased their price target on shares of Regency Centers from $75.00 to $76.00 and gave the stock a “sector perform” rating in a research note on Thursday, August 28th. Wall Street Zen upgraded shares of Regency Centers from a “sell” rating to a “hold” rating in a research note on Saturday, October 4th. Truist Financial raised their target price on shares of Regency Centers from $79.00 to $81.00 and gave the company a “buy” rating in a research note on Friday, August 15th. Finally, Mizuho raised their target price on shares of Regency Centers from $74.00 to $77.00 and gave the company an “outperform” rating in a research note on Wednesday, August 20th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, Regency Centers currently has an average rating of “Moderate Buy” and an average target price of $79.09.

Regency Centers Profile

Regency Centers is a preeminent national owner, operator, and developer of shopping centers located in suburban trade areas with compelling demographics. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers.