Hsbc Holdings PLC Buys Shares of 1,354,984 Regency Centers Corporation $REG

Hsbc Holdings PLC purchased a new position in shares of Regency Centers Corporation (NASDAQ:REG) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 1,354,984 shares of the company’s stock, valued at approximately $108,196,000.

Several other institutional investors and hedge funds have also recently modified their holdings of REG. Canada Pension Plan Investment Board acquired a new position in Regency Centers during the 2nd quarter worth about $933,000. Legal & General Group Plc purchased a new stake in Regency Centers during the second quarter worth about $109,394,000. The Manufacturers Life Insurance Company acquired a new stake in shares of Regency Centers during the second quarter worth about $10,557,000. Cetera Trust Company N.A acquired a new stake in shares of Regency Centers during the second quarter worth about $275,000. Finally, Algert Global LLC purchased a new position in shares of Regency Centers in the second quarter valued at approximately $6,743,000. Hedge funds and other institutional investors own 96.07% of the company’s stock.

Regency Centers Trading Up 0.0%

Shares of Regency Centers stock opened at $76.72 on Wednesday. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.71. The company has a fifty day simple moving average of $79.20 and a 200-day simple moving average of $78.23. The stock has a market cap of $14.05 billion, a price-to-earnings ratio of 26.01, a PEG ratio of 3.20 and a beta of 0.80. Regency Centers Corporation has a 12-month low of $66.86 and a 12-month high of $83.66.

Regency Centers (NASDAQ:REG) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $1.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.62. Regency Centers had a net margin of 34.38% and a return on equity of 8.04%. The firm had revenue of $413.51 million during the quarter, compared to analysts’ expectations of $411.07 million. During the same period in the previous year, the company earned $1.16 earnings per share. Regency Centers has set its FY 2026 guidance at 4.840-4.880 EPS. On average, equities analysts forecast that Regency Centers Corporation will post 4.86 EPS for the current fiscal year.

Regency Centers Dividend Announcement

The company also recently declared 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. This represents a $3.02 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date is Friday, September 11th. Regency Centers’s dividend payout ratio (DPR) is currently 102.37%.

Wall Street Analysts Forecast Growth

REG has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft downgraded shares of Regency Centers from a “buy” rating to a “hold” rating and set a $85.00 target price on the stock. in a research note on Friday, May 29th. Citigroup boosted their target price on Regency Centers from $76.00 to $82.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 5th. Raymond James Financial reiterated an “outperform” rating and issued a $88.00 price objective on shares of Regency Centers in a research note on Monday, June 29th. UBS Group upped their target price 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. Finally, Jefferies Financial Group upgraded shares of Regency Centers to a “strong-buy” rating in a research note on Friday, June 26th. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $83.82.

Insider Buying and Selling

In other Regency Centers news, insider Terah L. Devereaux sold 1,240 shares of the business’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $80.14, for a total value 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. The trade was a 6.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.00% of the stock is currently owned by company insiders.

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.