Regency Centers Corporation $REG Shares Purchased by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH boosted its stake in Regency Centers Corporation (NASDAQ:REG) by 8.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 421,308 shares of the company’s stock after acquiring an additional 33,784 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned 0.23% of Regency Centers worth $29,224,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Massachusetts Financial Services Co. MA bought a new stake in Regency Centers in the third quarter valued at about $107,144,000. Alyeska Investment Group L.P. bought a new position in Regency Centers during the 3rd quarter worth approximately $47,563,000. UBS Group AG lifted its holdings in Regency Centers by 78.8% during the 3rd quarter. UBS Group AG now owns 1,337,215 shares of the company’s stock worth $97,483,000 after buying an additional 589,327 shares during the last quarter. National Bank of Canada FI lifted its holdings in Regency Centers by 334.6% during the 3rd quarter. National Bank of Canada FI now owns 495,964 shares of the company’s stock worth $36,156,000 after buying an additional 381,833 shares during the last quarter. Finally, State Street Corp boosted its holdings in Regency Centers by 3.1% in the third quarter. State Street Corp now owns 12,403,992 shares of the company’s stock worth $912,739,000 after purchasing an additional 368,031 shares during the period. 96.07% of the stock is owned by institutional investors and hedge funds.

Regency Centers Price Performance

Shares of NASDAQ REG opened at $80.74 on Friday. Regency Centers Corporation has a fifty-two week low of $66.86 and a fifty-two week high of $81.66. The firm’s 50-day simple moving average is $77.51 and its 200 day simple moving average is $73.01. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.68. The stock has a market cap of $14.78 billion, a P/E ratio of 28.84, a P/E/G ratio of 3.39 and a beta of 0.90.

Regency Centers Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Investors of record on Wednesday, March 11th were paid a dividend of $0.755 per share. This represents a $3.02 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date was Wednesday, March 11th. Regency Centers’s payout ratio is currently 107.86%.

Insider Buying and Selling at Regency Centers

In related news, Chairman Martin E. Stein, Jr. sold 38,000 shares of Regency Centers stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $77.21, for a total transaction of $2,933,980.00. Following the sale, the chairman directly owned 157,892 shares in the company, valued at $12,190,841.32. The trade was a 19.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold 177,490 shares of company stock worth $13,839,932 in the last quarter. 1.00% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts have commented on REG shares. Mizuho reaffirmed a “neutral” rating and issued a $74.00 price objective (down from $77.00) on shares of Regency Centers in a report on Friday, January 9th. UBS Group set a $76.00 price objective on shares of Regency Centers in a report on Wednesday, January 14th. Barclays lifted their price objective on shares of Regency Centers from $82.00 to $85.00 and gave the stock an “overweight” rating in a report on Monday, March 2nd. Morgan Stanley lifted their price objective on shares of Regency Centers from $85.00 to $88.00 and gave the stock an “overweight” rating in a report on Tuesday. Finally, Wells Fargo & Company lifted their price objective on shares of Regency Centers from $82.00 to $85.00 and gave the stock an “overweight” rating in a report on Thursday, March 19th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $80.36.

Regency Centers Company 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.