Regency Centers Co. (NASDAQ:REG) Holdings Lowered by Cwm LLC

Cwm LLC trimmed its stake in shares of Regency Centers Co. (NASDAQ:REG) by 61.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,159 shares of the company’s stock after selling 12,983 shares during the quarter. Cwm LLC’s holdings in Regency Centers were worth $547,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. CVA Family Office LLC bought a new stake in shares of Regency Centers in the 4th quarter worth approximately $27,000. Capital Analysts LLC bought a new stake in shares of Regency Centers in the 4th quarter worth approximately $27,000. Glass Jacobson Investment Advisors llc bought a new stake in shares of Regency Centers in the 3rd quarter worth approximately $26,000. Financial Gravity Asset Management Inc. raised its holdings in shares of Regency Centers by 641.9% in the 3rd quarter. Financial Gravity Asset Management Inc. now owns 460 shares of the company’s stock worth $27,000 after purchasing an additional 398 shares in the last quarter. Finally, Bogart Wealth LLC bought a new stake in shares of Regency Centers in the 3rd quarter worth approximately $31,000. 96.07% of the stock is currently owned by institutional investors.

Regency Centers Stock Performance

Shares of REG opened at $59.22 on Wednesday. The company’s 50 day moving average price is $59.84 and its 200 day moving average price is $61.73. Regency Centers Co. has a 52 week low of $54.72 and a 52 week high of $68.47. The company has a market capitalization of $10.94 billion, a PE ratio of 29.03, a PEG ratio of 3.84 and a beta of 1.16. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.85 and a current ratio of 0.85.

Regency Centers Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 3rd. Investors of record on Wednesday, March 13th were given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 4.53%. The ex-dividend date was Tuesday, March 12th. Regency Centers’s payout ratio is presently 131.37%.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. Evercore ISI upgraded shares of Regency Centers from an “in-line” rating to an “outperform” rating and boosted their target price for the stock from $69.00 to $71.00 in a report on Monday, January 22nd. Wells Fargo & Company began coverage on shares of Regency Centers in a research report on Thursday, February 1st. They issued an “overweight” rating and a $70.00 target price on the stock. Truist Financial lifted their target price on shares of Regency Centers from $71.00 to $72.00 and gave the stock a “buy” rating in a research report on Tuesday, January 16th. Mizuho began coverage on shares of Regency Centers in a research report on Thursday, April 18th. They issued a “neutral” rating and a $60.00 target price on the stock. Finally, Deutsche Bank Aktiengesellschaft began coverage on shares of Regency Centers in a research report on Tuesday, January 30th. They issued a “buy” rating and a $74.00 target price on the stock. Two research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, Regency Centers presently has a consensus rating of “Moderate Buy” and a consensus price target of $70.73.

Regency Centers Company 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.