4,357 Shares in Regency Centers Co. (NASDAQ:REG) Purchased by Farringdon Capital Ltd.

Farringdon Capital Ltd. acquired a new stake in shares of Regency Centers Co. (NASDAQ:REG) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 4,357 shares of the company’s stock, valued at approximately $322,000.

Several other hedge funds also recently modified their holdings of REG. Heck Capital Advisors LLC acquired a new position in Regency Centers in the fourth quarter worth approximately $26,000. National Pension Service acquired a new stake in shares of Regency Centers during the fourth quarter worth $27,000. Canada Post Corp Registered Pension Plan purchased a new stake in shares of Regency Centers during the fourth quarter valued at $39,000. Catalyst Capital Advisors LLC acquired a new position in shares of Regency Centers in the 4th quarter valued at $54,000. Finally, Venturi Wealth Management LLC increased its stake in Regency Centers by 4,400.0% in the 4th quarter. Venturi Wealth Management LLC now owns 855 shares of the company’s stock worth $63,000 after purchasing an additional 836 shares in the last quarter. 96.07% of the stock is currently owned by institutional investors and hedge funds.

Regency Centers Price Performance

NASDAQ REG opened at $71.66 on Friday. The firm has a market cap of $13.01 billion, a P/E ratio of 33.80, a price-to-earnings-growth ratio of 3.75 and a beta of 1.03. The stock’s 50-day moving average is $72.38 and its two-hundred day moving average is $72.65. Regency Centers Co. has a fifty-two week low of $57.79 and a fifty-two week high of $78.18. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.85 and a quick ratio of 0.95.

Regency Centers (NASDAQ:REG) last posted its earnings results on Thursday, February 6th. The company reported $1.09 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.61. Regency Centers had a return on equity of 5.91% and a net margin of 27.54%. On average, analysts anticipate that Regency Centers Co. will post 4.54 earnings per share for the current fiscal year.

Regency Centers Announces Dividend

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

Analysts Set New Price Targets

Several research analysts have recently weighed in on REG shares. Wells Fargo & Company dropped their target price on shares of Regency Centers from $80.00 to $79.00 and set an “overweight” rating on the stock in a research report on Wednesday, March 26th. Evercore ISI decreased their price target on shares of Regency Centers from $78.00 to $77.00 and set an “in-line” rating for the company in a report on Tuesday, December 24th. Finally, Mizuho increased their target price on shares of Regency Centers from $78.00 to $80.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 8th. Three investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $78.00.

Insider Buying and Selling at Regency Centers

In other Regency Centers news, Chairman Martin E. Stein, Jr. sold 50,000 shares of the firm’s stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $73.48, for a total value of $3,674,000.00. Following the sale, the chairman now directly owns 110,263 shares in the company, valued at $8,102,125.24. This trade represents a 31.20 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Michael J. Mas sold 20,000 shares of the stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $73.60, for a total transaction of $1,472,000.00. Following the completion of the sale, the chief financial officer now owns 54,020 shares of the company’s stock, valued at approximately $3,975,872. The trade was a 27.02 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 95,000 shares of company stock worth $6,977,500 over the last ninety days. Company insiders own 1.00% of the company’s stock.

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.