VIRGINIA RETIREMENT SYSTEMS ET Al Acquires Shares of 160,645 Regency Centers Corporation $REG

VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Regency Centers Corporation (NASDAQ:REG) during the second quarter, Holdings Channel reports. The firm bought 160,645 shares of the company’s stock, valued at approximately $12,810,000.

Other hedge funds have also recently made changes to their positions in the company. California State Teachers Retirement System increased its holdings in Regency Centers by 6,154.1% in the 2nd quarter. California State Teachers Retirement System now owns 20,380,109 shares of the company’s stock worth $1,625,110,000 after acquiring an additional 20,054,241 shares during the last quarter. Readystate Asset Management LP purchased a new stake in Regency Centers during the second quarter valued at about $3,554,000. HB Wealth Management LLC boosted its position in Regency Centers by 14.8% during the second quarter. HB Wealth Management LLC now owns 3,339 shares of the company’s stock worth $266,000 after purchasing an additional 431 shares during the period. Saudi Central Bank boosted its position in Regency Centers by 79.8% during the second quarter. Saudi Central Bank now owns 11,534 shares of the company’s stock worth $920,000 after purchasing an additional 5,120 shares during the period. Finally, AlphaGrep UK Ltd purchased a new position in shares of Regency Centers in the second quarter worth about $339,000. 96.07% of the stock is currently owned by institutional investors.

Regency Centers Stock Performance

NASDAQ REG opened at $75.26 on Tuesday. The company’s 50 day simple moving average is $78.60 and its two-hundred day simple moving average is $78.20. 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 1 year low of $66.86 and a 1 year high of $83.66. The stock has a market capitalization of $13.78 billion, a PE ratio of 25.51, a P/E/G ratio of 4.47 and a beta of 0.79.

Regency Centers (NASDAQ:REG) last released its quarterly earnings results on Wednesday, July 29th. The company reported $1.21 earnings per share for the quarter, topping 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 firm 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 firm posted $1.16 earnings per share. Regency Centers has set its FY 2026 guidance at 4.840-4.880 EPS. Analysts predict that Regency Centers Corporation will post 4.86 earnings per share for the current fiscal year.

Regency Centers Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Friday, September 11th will be issued a $0.755 dividend. 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 (DPR) is presently 102.37%.

Insider Activity

In other news, insider Terah Devereaux sold 1,240 shares of Regency Centers stock in a transaction dated 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 sale, the insider owned 17,990 shares in the company, valued at approximately $1,441,718.60. This trade represents 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.

Analyst Ratings Changes

Several analysts have recently issued reports on REG shares. LADENBURG THALM/SH SH boosted their price target on shares of Regency Centers from $83.00 to $85.00 and gave the company a “neutral” rating in a research report on Friday, July 31st. Evercore set a $83.00 price objective on shares of Regency Centers in a report on Thursday, July 30th. BTIG Research reiterated a “buy” rating and issued a $85.00 price objective on shares of Regency Centers in a research note on Friday, June 12th. Argus set a $85.00 target price on shares of Regency Centers in a report on Monday, August 10th. Finally, Weiss Ratings downgraded Regency Centers from a “buy (b+)” rating to a “buy (b)” rating in a research report on Thursday, August 20th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $83.82.

Regency Centers 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.