United Capital Financial Advisors LLC Makes New Investment in Regency Centers Corporation $REG

United Capital Financial Advisors LLC acquired a new stake in Regency Centers Corporation (NASDAQ:REGFree Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 11,989 shares of the company’s stock, valued at approximately $956,000.

A number of other institutional investors and hedge funds also recently modified their holdings of REG. AQR Capital Management LLC lifted its holdings in Regency Centers by 15.4% in the first quarter. AQR Capital Management LLC now owns 64,337 shares of the company’s stock worth $4,701,000 after acquiring an additional 8,563 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Regency Centers by 3.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,894 shares of the company’s stock valued at $1,099,000 after acquiring an additional 557 shares in the last quarter. Empowered Funds LLC grew its holdings in Regency Centers by 9.6% during the first quarter. Empowered Funds LLC now owns 5,856 shares of the company’s stock worth $432,000 after acquiring an additional 511 shares during the period. Jane Street Group LLC grew its position in Regency Centers by 81.5% in the first quarter. Jane Street Group LLC now owns 8,247 shares of the company’s stock worth $608,000 after buying an additional 3,702 shares during the last quarter. Finally, Intech Investment Management LLC raised its holdings in Regency Centers by 47.6% during the 1st quarter. Intech Investment Management LLC now owns 20,011 shares of the company’s stock worth $1,476,000 after buying an additional 6,451 shares during the period. 96.07% of the stock is owned by institutional investors and hedge funds.

Regency Centers Stock Performance

Shares of REG stock opened at $75.52 on Monday. The company has a market capitalization of $13.83 billion, a P/E ratio of 25.60, a price-to-earnings-growth ratio of 3.15 and a beta of 0.80. Regency Centers Corporation has a 52 week low of $66.86 and a 52 week high of $83.66. The company’s 50 day moving average price is $79.12 and its two-hundred day moving average price is $78.24. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.25 and a current ratio of 1.25.

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

Regency Centers Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Friday, September 11th will be paid a $0.755 dividend. The ex-dividend date is Friday, September 11th. This represents a $3.02 annualized dividend and a yield of 4.0%. Regency Centers’s payout ratio is 102.37%.

Insider Transactions at Regency Centers

In other news, insider Terah L. Devereaux sold 1,240 shares of the company’s stock in a transaction on 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 directly owned 17,990 shares in the company, valued at approximately $1,441,718.60. This represents a 6.45% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 1.00% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms have issued reports on REG. Evercore set a $83.00 target price on shares of Regency Centers in a research report on Thursday, July 30th. Wells Fargo & Company decreased their target price on Regency Centers from $90.00 to $88.00 and set an “overweight” rating for the company in a research report on Wednesday, August 19th. UBS Group raised their target price on Regency Centers from $81.00 to $85.00 and gave the company a “neutral” rating in a report on Thursday, July 9th. Barclays boosted their price objective on shares of Regency Centers from $90.00 to $92.00 and gave the stock an “overweight” rating in a report on Monday, August 17th. Finally, Raymond James Financial restated an “outperform” rating and issued a $88.00 target price on shares of Regency Centers in a research note on Monday, June 29th. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat, Regency Centers presently has a consensus rating of “Moderate Buy” and a consensus target price of $83.82.

Read Our Latest Stock Analysis on Regency Centers

Regency Centers Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Regency Centers (NASDAQ:REG)

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