PensionDanmark Pensionsforsikringsaktieselskab Purchases 17,165 Shares of Regency Centers Corporation $REG

PensionDanmark Pensionsforsikringsaktieselskab lifted its position in shares of Regency Centers Corporation (NASDAQ:REG) by 344.0% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 22,155 shares of the company’s stock after purchasing an additional 17,165 shares during the quarter. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in Regency Centers were worth $1,769,000 at the end of the most recent reporting period.

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

Regency Centers Stock Performance

Shares of REG opened at $76.11 on Tuesday. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.25 and a quick ratio of 1.25. Regency Centers Corporation has a one year low of $66.86 and a one year high of $83.66. The firm has a market capitalization of $13.94 billion, a P/E ratio of 25.80, a PEG ratio of 3.22 and a beta of 0.80. The business has a fifty day moving average of $79.66 and a 200 day moving average of $77.88.

Regency Centers Announces Dividend

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

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on REG shares. Evercore set a $83.00 price objective on Regency Centers in a report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft cut shares of Regency Centers from a “buy” rating to a “hold” rating and set a $85.00 target price for the company. in a research report on Friday, May 29th. Barclays lifted their price target on Regency Centers from $85.00 to $90.00 and gave the company an “overweight” rating in a research report on Tuesday, May 12th. Morgan Stanley boosted their price objective on shares of Regency Centers from $85.00 to $88.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 21st. Finally, Raymond James Financial reissued an “outperform” rating and issued a $88.00 target price on shares of Regency Centers in a research note on Monday, June 29th. Two investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $83.82.

Insider Buying and Selling at Regency Centers

In related news, insider Terah L. Devereaux sold 1,240 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $80.14, for a total value of $99,373.60. Following the transaction, the insider owned 17,990 shares of the company’s stock, 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 filing with the SEC, which can be accessed through this link. 1.00% of the stock is owned by company insiders.

About Regency Centers

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.