Danske Bank A S Invests $18.90 Million in Regency Centers Corporation $REG

Danske Bank A S purchased a new position in shares of Regency Centers Corporation (NASDAQ:REG) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 237,043 shares of the company’s stock, valued at approximately $18,902,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Havemeyer Place LP acquired a new position in Regency Centers in the 4th quarter valued at $26,000. Hantz Financial Services Inc. increased its stake in shares of Regency Centers by 388.9% during the fourth quarter. Hantz Financial Services Inc. now owns 440 shares of the company’s stock worth $30,000 after acquiring an additional 350 shares during the period. Brown Brothers Harriman & Co. raised its holdings in Regency Centers by 63.1% during the third 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. CYBER HORNET ETFs LLC acquired a new stake in Regency Centers in the second quarter valued at about $31,000. Finally, MUFG Securities EMEA plc purchased a new stake in Regency Centers in the 2nd quarter valued at approximately $34,000. 96.07% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, insider Terah L. Devereaux sold 1,240 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $80.14, for a total value of $99,373.60. Following the sale, the insider owned 17,990 shares of the company’s stock, valued at approximately $1,441,718.60. This represents a 6.45% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.00% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

REG has been the subject of a number of analyst reports. Barclays increased their target price on Regency Centers from $90.00 to $92.00 and gave the stock an “overweight” rating in a research note on Monday. Raymond James Financial reissued an “outperform” rating and issued a $88.00 target price on shares of Regency Centers in a report on Monday, June 29th. Evercore set a $83.00 price target on shares of Regency Centers in a research note on Thursday, July 30th. BTIG Research reiterated a “buy” rating and issued a $85.00 price target on shares of Regency Centers in a report on Friday, June 12th. Finally, Jefferies Financial Group upgraded shares of Regency Centers to a “strong-buy” rating in a report on Friday, June 26th. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $83.82.

Regency Centers Stock Performance

NASDAQ:REG opened at $76.51 on Friday. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.71. The firm has a 50-day moving average price of $79.38 and a two-hundred day moving average price of $78.16. Regency Centers Corporation has a twelve month low of $66.86 and a twelve month high of $83.66. The company has a market capitalization of $14.01 billion, a P/E ratio of 25.94, a price-to-earnings-growth ratio of 3.19 and a beta of 0.80.

Regency Centers (NASDAQ:REG) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $1.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.62. Regency Centers had a net margin of 34.38% and a return on equity of 8.04%. The company had revenue of $413.51 million for the quarter, compared to the consensus estimate of $411.07 million. During the same quarter in the prior year, the firm earned $1.16 earnings per share. Regency Centers has set its FY 2026 guidance at 4.840-4.880 EPS. As a group, research analysts expect that Regency Centers Corporation will post 4.86 earnings per share for the current fiscal year.

Regency Centers Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Investors of record on Friday, September 11th will be given a dividend of $0.755 per share. This represents a $3.02 annualized dividend and a dividend yield of 3.9%. The ex-dividend date is Friday, September 11th. Regency Centers’s payout ratio is currently 102.37%.

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.