Korea Investment CORP Purchases Shares of 162,313 Regency Centers Corporation $REG

Korea Investment CORP acquired a new stake in Regency Centers Corporation (NASDAQ:REG) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 162,313 shares of the company’s stock, valued at approximately $12,943,000.

Other institutional investors have also recently made changes to their positions in the company. Inspire Investing LLC raised its stake in Regency Centers by 0.6% during the 1st quarter. Inspire Investing LLC now owns 22,480 shares of the company’s stock valued at $1,701,000 after purchasing an additional 141 shares during the period. Tema ETFs LLC raised its position in shares of Regency Centers by 7.1% during the second quarter. Tema ETFs LLC now owns 2,184 shares of the company’s stock valued at $174,000 after buying an additional 145 shares during the last quarter. Norinchukin Bank The boosted its position in shares of Regency Centers by 0.8% during the third quarter. Norinchukin Bank The now owns 17,730 shares of the company’s stock worth $1,293,000 after acquiring an additional 147 shares during the last quarter. Brown Brothers Harriman & Co. lifted its stake in Regency Centers by 63.1% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 406 shares of the company’s stock worth $30,000 after purchasing an additional 157 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Regency Centers by 12.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,437 shares of the company’s stock valued at $102,000 after purchasing an additional 162 shares during the last quarter. Hedge funds and other institutional investors own 96.07% of the company’s stock.

Insider Buying and Selling at Regency Centers

In other news, insider Terah L. Devereaux sold 1,240 shares of Regency Centers 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 trade represents a 6.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 1.00% of the company’s stock.

Regency Centers Price Performance

NASDAQ:REG opened at $76.06 on Monday. The firm has a market capitalization of $13.93 billion, a price-to-earnings ratio of 25.78, a PEG ratio of 3.18 and a beta of 0.80. 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 simple moving average of $79.29 and a 200-day simple moving average of $78.18. Regency Centers Corporation has a 1 year low of $66.86 and a 1 year high of $83.66.

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, topping analysts’ consensus estimates of $0.59 by $0.62. Regency Centers had a return on equity of 8.04% and a net margin of 34.38%.The company had revenue of $413.51 million during the quarter, compared to the consensus estimate of $411.07 million. During the same period last year, the company earned $1.16 earnings per share. Regency Centers has set its FY 2026 guidance at 4.840-4.880 EPS. Equities analysts forecast that Regency Centers Corporation will post 4.86 EPS for the current year.

Regency Centers Announces Dividend

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

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on REG. LADENBURG THALM/SH SH lifted their target price on Regency Centers from $83.00 to $85.00 and gave the stock a “neutral” rating in a report on Friday, July 31st. Raymond James Financial restated an “outperform” rating and set a $88.00 price target on shares of Regency Centers in a report on Monday, June 29th. Citigroup upped their price objective on Regency Centers from $76.00 to $82.00 and gave the stock a “neutral” rating in a report on Tuesday, May 5th. Barclays increased their target price on Regency Centers from $90.00 to $92.00 and gave the company an “overweight” rating in a research report on Monday, August 17th. Finally, Weiss Ratings cut shares of Regency Centers from a “buy (b+)” rating to a “buy (b)” rating in a research report on Thursday. 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 company’s stock. Based on data from MarketBeat, Regency Centers presently has an average rating of “Moderate Buy” and a consensus price target of $83.82.

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.