Hsbc Holdings PLC bought a new position in shares of Regency Centers Corporation (NASDAQ:REG – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 1,354,984 shares of the company’s stock, valued at approximately $108,196,000. Hsbc Holdings PLC owned 0.74% of Regency Centers as of its most recent SEC filing.
Other institutional investors also recently bought and sold shares of the company. 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 valued at $1,791,000 after purchasing an additional 16,277 shares during the period. Nomura Asset Management Co. Ltd. grew its position in Regency Centers by 3.6% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 311,562 shares of the company’s stock valued at $21,507,000 after buying an additional 10,745 shares during the period. Legal & General Group Plc increased its holdings in Regency Centers by 2.8% in the fourth quarter. Legal & General Group Plc now owns 1,705,024 shares of the company’s stock valued at $117,698,000 after buying an additional 46,438 shares in the last quarter. F m Investments LLC purchased a new stake in shares of Regency Centers during the 4th quarter worth about $1,128,000. Finally, Norges Bank acquired a new stake in shares of Regency Centers during the 4th quarter valued at about $1,183,667,000. 96.07% of the stock is currently owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In other news, insider Terah L. Devereaux sold 1,240 shares of the stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $80.14, for a total value of $99,373.60. Following the completion of the sale, the insider owned 17,990 shares of the company’s stock, valued at $1,441,718.60. This represents a 6.45% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 1.00% of the stock is owned by insiders.
Regency Centers Stock Up 0.0%
Regency Centers (NASDAQ:REG – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $1.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.62. The company had revenue of $413.51 million for the quarter, compared to analyst estimates of $411.07 million. Regency Centers had a return on equity of 8.04% and a net margin of 34.38%.During the same quarter last year, the firm posted $1.16 EPS. Regency Centers has set its FY 2026 guidance at 4.840-4.880 EPS. Equities research analysts forecast that Regency Centers Corporation will post 4.86 earnings per share for the current fiscal year.
Regency Centers Dividend Announcement
The company also recently announced 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. This represents a $3.02 annualized dividend and a yield of 3.9%. The ex-dividend date is Friday, September 11th. Regency Centers’s payout ratio is presently 102.37%.
Wall Street Analysts Forecast Growth
REG has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft lowered Regency Centers from a “buy” rating to a “hold” rating and set a $85.00 price target for the company. in a research note on Friday, May 29th. Barclays upped 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, August 17th. Citigroup increased their target price on Regency Centers from $76.00 to $82.00 and gave the company a “neutral” rating in a research report on Tuesday, May 5th. Argus set a $85.00 price objective on shares of Regency Centers in a research report on Monday, August 10th. Finally, UBS Group increased their price objective on shares of Regency Centers from $81.00 to $85.00 and gave the company a “neutral” rating in a report on Thursday, July 9th. 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. According to data from MarketBeat, Regency Centers has an average rating of “Moderate Buy” and a consensus price target of $83.82.
Read Our Latest Analysis on REG
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.
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