National Pension Service Purchases 6,821 Shares of Regency Centers Corporation $REG

National Pension Service raised its holdings in Regency Centers Corporation (NASDAQ:REG) by 60.9% in the 2nd quarter, HoldingsChannel reports. The fund owned 18,016 shares of the company’s stock after acquiring an additional 6,821 shares during the period. National Pension Service’s holdings in Regency Centers were worth $1,437,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Nomura Asset Management Co. Ltd. lifted its position in shares of Regency Centers by 3.6% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 311,562 shares of the company’s stock worth $21,507,000 after purchasing an additional 10,745 shares during the period. Legal & General Group Plc boosted its position in shares of Regency Centers by 2.8% during the 4th quarter. Legal & General Group Plc now owns 1,705,024 shares of the company’s stock worth $117,698,000 after purchasing an additional 46,438 shares in the last quarter. Norges Bank acquired a new stake in Regency Centers in the fourth quarter valued at approximately $1,183,667,000. Geode Capital Management LLC increased its stake in Regency Centers by 1.4% during the 4th quarter. Geode Capital Management LLC now owns 4,915,089 shares of the company’s stock valued at $338,110,000 after purchasing an additional 67,739 shares in the last quarter. Finally, Bank of America Corp DE increased its position in shares of Regency Centers by 66.5% during the first quarter. Bank of America Corp DE now owns 719,536 shares of the company’s stock worth $54,440,000 after acquiring an additional 287,317 shares in the last quarter. 96.07% of the stock is currently owned by institutional investors.

Regency Centers Price Performance

Shares of REG opened at $74.62 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. Regency Centers Corporation has a 1 year low of $66.86 and a 1 year high of $83.66. The stock has a 50 day simple moving average of $78.20 and a two-hundred day simple moving average of $78.16. The firm has a market cap of $13.66 billion, a P/E ratio of 25.29, a P/E/G ratio of 4.43 and a beta of 0.79.

Regency Centers (NASDAQ:REG) last issued 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 net margin of 34.38% and a return on equity of 8.04%. During the same quarter last year, the company earned $1.16 EPS. Regency Centers has set its FY 2026 guidance at 4.840-4.880 EPS. On average, analysts forecast that Regency Centers Corporation will post 4.86 earnings per share for the current fiscal year.

Regency Centers Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Friday, September 11th will be given a $0.755 dividend. The ex-dividend date is Friday, September 11th. This represents a $3.02 dividend on an annualized basis and a dividend yield of 4.0%. Regency Centers’s payout ratio is presently 102.37%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on REG. Raymond James Financial restated an “outperform” rating and set a $88.00 price objective on shares of Regency Centers in a research note on Monday, June 29th. Weiss Ratings lowered Regency Centers from a “buy (b+)” rating to a “buy (b)” rating in a report on Thursday, August 20th. BTIG Research reiterated a “buy” rating and issued a $85.00 target price on shares of Regency Centers in a research note on Friday, June 12th. Evercore set a $83.00 price objective on Regency Centers in a research note on Thursday, July 30th. Finally, LADENBURG THALM/SH SH increased their target price on shares of Regency Centers from $83.00 to $85.00 and gave the stock a “neutral” rating in a research note on Friday, July 31st. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $83.82.

Key Stories Impacting Regency Centers

Here are the key news stories impacting Regency Centers this week:

• Positive Sentiment: Regency Centers and EVgo plan to install more than 400 fast-charging stalls at Regency’s U.S. retail centers. The initiative could improve property amenities, increase customer traffic and create additional long-term value from the company’s grocery-anchored portfolio. REG and EVgo Expand EV Fast-Charging Network
• Positive Sentiment: Recent analyst commentary remains constructive, highlighting a 97% leased rate, strong tenant retention, double-digit cash rent spreads, a roughly $680 million development pipeline and an A-rated balance sheet. Analysts also point to an approximately 4% dividend yield and valuation below Regency’s historical average. Regency Centers Buy High Quality at a Discount
• Positive Sentiment: Another analysis cited strong second-quarter results, including $1.21 in FFO per share, 3.8% same-property NOI growth and improved occupancy, while noting that management raised full-year guidance. Regency Centers Grocery-Anchored REIT Valuation
• Neutral Sentiment: Regency released an updated investor presentation and plans to present at the BofA Securities Global Real Estate Conference on September 15. These events may provide additional guidance, but no new material financial information was disclosed in the announcements. Regency Centers BofA Conference Presentation
• Neutral Sentiment: Reported short-interest data showed zero shares sold short both periods, indicating no meaningful short-selling signal; the reported increase appears to be a data error.

Regency Centers Profile

Regency Centers Corporation (NASDAQ: REG) is a self-administered and self-managed real estate investment trust that owns, operates, develops and redevelops retail properties in the United States. The company primarily focuses on high-quality, grocery-anchored shopping centers designed to serve the daily needs of surrounding communities.

Regency’s properties typically include supermarkets, restaurants, specialty retailers, service providers and other complementary tenants. Its activities include leasing and managing shopping centers, pursuing redevelopment opportunities and developing new retail properties in established, attractive trade areas.

Headquartered in Jacksonville, Florida, Regency Centers traces its roots to 1963 and serves communities across major metropolitan areas in the United States.