Robeco Institutional Asset Management B.V. Sells 7,598 Shares of Regency Centers Corporation $REG

Robeco Institutional Asset Management B.V. lessened its position in Regency Centers Corporation (NASDAQ:REG) by 1.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 562,260 shares of the company’s stock after selling 7,598 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Regency Centers were worth $38,813,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in REG. Brown Brothers Harriman & Co. lifted its holdings in Regency Centers by 63.1% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 406 shares of the company’s stock valued at $30,000 after buying an additional 157 shares in the last quarter. CYBER HORNET ETFs LLC bought a new stake in Regency Centers during the 2nd quarter valued at about $31,000. Steigerwald Gordon & Koch Inc. bought a new stake in Regency Centers during the 3rd quarter valued at about $33,000. MUFG Securities EMEA plc bought a new stake in Regency Centers during the 2nd quarter valued at about $34,000. Finally, Financial Consulate Inc. bought a new stake in Regency Centers during the 3rd quarter valued at about $38,000. Institutional investors own 96.07% of the company’s stock.

Regency Centers Trading Down 0.1%

NASDAQ REG opened at $78.33 on Tuesday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.05 and a current ratio of 1.05. The company has a market capitalization of $14.34 billion, a price-to-earnings ratio of 27.98, a price-to-earnings-growth ratio of 3.38 and a beta of 0.90. The company’s 50-day simple moving average is $76.75 and its two-hundred day simple moving average is $72.57. Regency Centers Corporation has a one year low of $66.86 and a one year high of $79.89.

Regency Centers Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Wednesday, March 11th were given a dividend of $0.755 per share. The ex-dividend date of this dividend was Wednesday, March 11th. This represents a $3.02 dividend on an annualized basis and a yield of 3.9%. Regency Centers’s dividend payout ratio (DPR) is 107.86%.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on REG. Citigroup lifted their price objective on shares of Regency Centers from $75.00 to $76.00 and gave the company a “neutral” rating in a report on Tuesday, February 10th. Weiss Ratings upgraded shares of Regency Centers from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, February 17th. Jefferies Financial Group set a $79.00 price objective on shares of Regency Centers in a report on Monday, December 15th. Robert W. Baird set a $84.00 price objective on shares of Regency Centers in a report on Tuesday, February 10th. Finally, Morgan Stanley reiterated an “overweight” rating and set a $85.00 price objective on shares of Regency Centers in a report on Monday, January 5th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $80.14.

Insider Buying and Selling

In other Regency Centers news, Chairman Martin E. Stein, Jr. sold 129,490 shares of the firm’s stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $78.33, for a total transaction of $10,142,951.70. Following the transaction, the chairman owned 195,892 shares of the company’s stock, valued at approximately $15,344,220.36. This trade represents a 39.80% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Over the last quarter, insiders have sold 177,490 shares of company stock worth $13,839,932. Company insiders own 1.00% of the company’s stock.

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.