Retirement Systems of Alabama increased its stake in Regency Centers Co. (NASDAQ:REG – Free Report) by 1.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 130,908 shares of the company’s stock after purchasing an additional 1,917 shares during the quarter. Retirement Systems of Alabama’s holdings in Regency Centers were worth $7,781,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in REG. Vanguard Group Inc. boosted its stake in shares of Regency Centers by 1.6% during the 1st quarter. Vanguard Group Inc. now owns 26,552,444 shares of the company’s stock worth $1,894,252,000 after acquiring an additional 425,589 shares during the last quarter. BlackRock Inc. boosted its holdings in Regency Centers by 3.9% in the 1st quarter. BlackRock Inc. now owns 17,807,259 shares of the company’s stock worth $1,089,448,000 after buying an additional 660,801 shares during the period. Norges Bank bought a new position in Regency Centers in the 4th quarter worth $1,011,208,000. State Street Corp boosted its holdings in Regency Centers by 8.1% in the 1st quarter. State Street Corp now owns 11,923,732 shares of the company’s stock worth $857,927,000 after buying an additional 890,452 shares during the period. Finally, Principal Financial Group Inc. boosted its holdings in Regency Centers by 1.2% in the 3rd quarter. Principal Financial Group Inc. now owns 7,330,089 shares of the company’s stock worth $435,697,000 after buying an additional 90,051 shares during the period. Hedge funds and other institutional investors own 90.59% of the company’s stock.
Regency Centers Stock Performance
Regency Centers stock opened at $62.67 on Thursday. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.78 and a quick ratio of 0.78. Regency Centers Co. has a 1-year low of $54.72 and a 1-year high of $68.56. The firm has a market capitalization of $11.57 billion, a P/E ratio of 29.42, a price-to-earnings-growth ratio of 4.35 and a beta of 1.19. The company’s 50-day moving average is $64.52 and its 200 day moving average is $62.76.
Wall Street Analysts Forecast Growth
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.
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