162,313 Shares in Regency Centers Corporation $REG Purchased by Korea Investment CORP

Korea Investment CORP acquired a new position in Regency Centers Corporation (NASDAQ:REG) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 162,313 shares of the company’s stock, valued at approximately $12,943,000. Korea Investment CORP owned 0.09% of Regency Centers at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in REG. BlackRock Inc. purchased a new position in shares of Regency Centers in the 2nd quarter valued at approximately $1,597,868,000. Norges Bank bought a new position in shares of Regency Centers in the 4th quarter worth about $1,183,667,000. State Street Corp increased its stake in shares of Regency Centers by 1.4% in the 4th quarter. State Street Corp now owns 12,572,876 shares of the company’s stock worth $877,261,000 after acquiring an additional 168,884 shares in the last quarter. Principal Financial Group Inc. lifted its position in Regency Centers by 10.3% during the 1st quarter. Principal Financial Group Inc. now owns 10,004,796 shares of the company’s stock valued at $756,967,000 after acquiring an additional 931,272 shares during the period. Finally, Geode Capital Management LLC grew its holdings in Regency Centers by 1.4% in the fourth quarter. Geode Capital Management LLC now owns 4,915,089 shares of the company’s stock worth $338,110,000 after purchasing an additional 67,739 shares during the period. Hedge funds and other institutional investors own 96.07% of the company’s stock.

Analyst Ratings Changes

REG has been the topic of a number of analyst reports. Citigroup boosted their price target on Regency Centers from $76.00 to $82.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 5th. Raymond James Financial reaffirmed an “outperform” rating and set a $88.00 price target on shares of Regency Centers in a report on Monday, June 29th. BTIG Research reiterated a “buy” rating and issued a $85.00 price target on shares of Regency Centers in a research note on Friday, June 12th. LADENBURG THALM/SH SH boosted their price objective on shares of Regency Centers from $83.00 to $85.00 and gave the company a “neutral” rating in a report on Friday, July 31st. Finally, Weiss Ratings downgraded shares of Regency Centers from a “buy (b+)” rating to a “buy (b)” rating in a research report on Thursday. Two research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $83.82.

Insider Activity

In related news, insider Terah L. Devereaux sold 1,240 shares of the business’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 transaction of $99,373.60. Following the completion of the transaction, the insider directly owned 17,990 shares in the company, valued at approximately $1,441,718.60. The trade was a 6.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 1.00% of the company’s stock.

Regency Centers Stock Performance

Shares of REG stock opened at $76.06 on Monday. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.25 and a quick ratio of 1.25. The company has a market cap of $13.93 billion, a price-to-earnings ratio of 25.78, a PEG ratio of 3.18 and a beta of 0.80. Regency Centers Corporation has a 1 year low of $66.86 and a 1 year high of $83.66. The firm has a fifty day moving average price of $79.29 and a 200-day moving average price of $78.18.

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

Regency Centers Announces Dividend

The business also recently disclosed 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. This represents a $3.02 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend is Friday, September 11th. Regency Centers’s payout ratio is presently 102.37%.

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.