7,787 Shares in Regency Centers Corporation $REG Purchased by Commerce Bank

Commerce Bank bought a new stake in Regency Centers Corporation (NASDAQ:REG) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 7,787 shares of the company’s stock, valued at approximately $621,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. M&T Bank Corp lifted its stake in shares of Regency Centers by 168.6% in the 4th quarter. M&T Bank Corp now owns 25,931 shares of the company’s stock worth $1,791,000 after acquiring an additional 16,277 shares during the period. Nomura Asset Management Co. Ltd. boosted its holdings in shares of Regency Centers by 3.6% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 311,562 shares of the company’s stock valued at $21,507,000 after acquiring an additional 10,745 shares in the last quarter. Legal & General Group Plc increased its stake in shares of Regency Centers by 2.8% during the fourth quarter. Legal & General Group Plc now owns 1,705,024 shares of the company’s stock valued at $117,698,000 after acquiring an additional 46,438 shares during the period. F m Investments LLC acquired a new position in shares of Regency Centers during the fourth quarter valued at approximately $1,128,000. Finally, Norges Bank bought a new stake in Regency Centers during the fourth quarter worth approximately $1,183,667,000. Institutional investors own 96.07% of the company’s stock.

Wall Street Analyst Weigh In

REG has been the subject of a number of research analyst reports. LADENBURG THALM/SH SH upped their target price on Regency Centers from $83.00 to $85.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. Wells Fargo & Company lowered their price target on Regency Centers from $90.00 to $88.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 19th. UBS Group boosted their price objective on Regency Centers from $81.00 to $85.00 and gave the stock a “neutral” rating in a research note on Thursday, July 9th. Deutsche Bank Aktiengesellschaft lowered Regency Centers from a “buy” rating to a “hold” rating and set a $85.00 price objective for the company. in a report on Friday, May 29th. Finally, Barclays raised their target price on Regency Centers from $90.00 to $92.00 and gave the company an “overweight” rating in a research note on Monday, August 17th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat.com, Regency Centers currently has an average rating of “Moderate Buy” and a consensus price target of $83.82.

Insider Activity

In other news, insider Terah L. Devereaux sold 1,240 shares of the business’s stock in a transaction 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 sale, the insider directly owned 17,990 shares of the company’s stock, valued at $1,441,718.60. The trade was a 6.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.00% of the stock is owned by company insiders.

Regency Centers Trading Down 0.4%

Shares of NASDAQ:REG opened at $76.38 on Thursday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.25 and a current ratio of 1.25. The stock has a market capitalization of $13.99 billion, a price-to-earnings ratio of 25.89, a PEG ratio of 3.21 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 company has a 50 day moving average price of $79.18 and a 200 day moving average price of $78.24.

Regency Centers (NASDAQ:REG) last posted 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 return on equity of 8.04% and a net margin of 34.38%.The company had revenue of $413.51 million for the quarter, compared to analysts’ expectations of $411.07 million. During the same quarter in the prior year, the company earned $1.16 earnings per share. Regency Centers has set its FY 2026 guidance at 4.840-4.880 EPS. On average, research analysts anticipate that Regency Centers Corporation will post 4.86 EPS for the current fiscal year.

Regency Centers Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, October 2nd. Investors of record on Friday, September 11th will be issued a $0.755 dividend. This represents a $3.02 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date 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.