Regency Centers Co. (NASDAQ:REG) Shares Purchased by Signaturefd LLC

Signaturefd LLC grew its stake in shares of Regency Centers Co. (NASDAQ:REG) by 17.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,757 shares of the company’s stock after acquiring an additional 262 shares during the quarter. Signaturefd LLC’s holdings in Regency Centers were worth $130,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in REG. Sanctuary Advisors LLC increased its position in Regency Centers by 104.1% during the 4th quarter. Sanctuary Advisors LLC now owns 20,038 shares of the company’s stock worth $1,442,000 after purchasing an additional 10,221 shares in the last quarter. Pacer Advisors Inc. grew its holdings in shares of Regency Centers by 196.1% during the fourth quarter. Pacer Advisors Inc. now owns 36,245 shares of the company’s stock worth $2,680,000 after buying an additional 24,003 shares in the last quarter. HighTower Advisors LLC raised its position in shares of Regency Centers by 47.3% in the third quarter. HighTower Advisors LLC now owns 29,342 shares of the company’s stock valued at $2,121,000 after buying an additional 9,424 shares during the last quarter. Royal London Asset Management Ltd. lifted its stake in shares of Regency Centers by 9.3% during the third quarter. Royal London Asset Management Ltd. now owns 105,433 shares of the company’s stock valued at $7,615,000 after buying an additional 8,959 shares during the period. Finally, Y Intercept Hong Kong Ltd acquired a new stake in Regency Centers during the third quarter worth approximately $953,000. 96.07% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. Mizuho increased their price target on Regency Centers from $78.00 to $80.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 8th. Wells Fargo & Company reduced their target price on Regency Centers from $81.00 to $80.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 29th. BTIG Research lifted their price target on Regency Centers from $72.00 to $79.00 and gave the company a “buy” rating in a report on Wednesday, November 27th. Finally, Evercore ISI cut their price objective on shares of Regency Centers from $78.00 to $77.00 and set an “in-line” rating on the stock in a report on Tuesday, December 24th. Three investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $78.08.

Insider Transactions at Regency Centers

In other Regency Centers news, CFO Michael J. Mas sold 20,000 shares of the business’s stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $73.60, for a total value of $1,472,000.00. Following the transaction, the chief financial officer now owns 54,020 shares in the company, valued at $3,975,872. The trade was a 27.02 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Lisa Palmer sold 25,000 shares of the firm’s stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $73.26, for a total value of $1,831,500.00. Following the sale, the chief executive officer now owns 139,923 shares of the company’s stock, valued at $10,250,758.98. This represents a 15.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 95,000 shares of company stock valued at $6,977,500 over the last quarter. Company insiders own 1.00% of the company’s stock.

Regency Centers Stock Down 0.7 %

REG opened at $71.50 on Monday. The company has a market cap of $12.97 billion, a PE ratio of 33.73, a price-to-earnings-growth ratio of 3.75 and a beta of 1.23. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.95 and a current ratio of 0.85. Regency Centers Co. has a 1 year low of $56.51 and a 1 year high of $78.18. The firm has a 50 day moving average price of $72.97 and a 200 day moving average price of $73.00.

Regency Centers (NASDAQ:REG) last released its quarterly earnings data on Thursday, February 6th. The company reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.61. Regency Centers had a net margin of 27.54% and a return on equity of 5.91%. Sell-side analysts expect that Regency Centers Co. will post 4.54 earnings per share for the current year.

Regency Centers Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Wednesday, March 12th will be paid a dividend of $0.705 per share. This represents a $2.82 dividend on an annualized basis and a dividend yield of 3.94%. The ex-dividend date is Wednesday, March 12th. Regency Centers’s dividend payout ratio is presently 133.02%.

About Regency Centers

Regency Centers is a preeminent national owner, operator, and developer of shopping centers located in suburban trade areas with compelling demographics. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers.