Robeco Institutional Asset Management B.V. Grows Position in Regency Centers Corporation $REG

Robeco Institutional Asset Management B.V. raised its position in Regency Centers Corporation (NASDAQ:REG) by 7.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 569,858 shares of the company’s stock after purchasing an additional 41,701 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.31% of Regency Centers worth $41,543,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Norges Bank purchased a new stake in shares of Regency Centers in the second quarter worth approximately $1,219,335,000. State Street Corp grew its position in Regency Centers by 2.2% in the 2nd quarter. State Street Corp now owns 12,035,961 shares of the company’s stock valued at $865,625,000 after acquiring an additional 262,551 shares during the last quarter. Geode Capital Management LLC grew its position in Regency Centers by 1.4% in the 2nd quarter. Geode Capital Management LLC now owns 4,786,646 shares of the company’s stock valued at $339,669,000 after acquiring an additional 65,719 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in Regency Centers by 3.3% in the second quarter. Charles Schwab Investment Management Inc. now owns 2,426,163 shares of the company’s stock worth $172,816,000 after purchasing an additional 77,978 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Regency Centers by 6.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,272,295 shares of the company’s stock worth $167,604,000 after purchasing an additional 139,801 shares during the last quarter. Hedge funds and other institutional investors own 96.07% of the company’s stock.

Regency Centers Price Performance

REG stock opened at $69.99 on Thursday. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.72. Regency Centers Corporation has a 12-month low of $63.44 and a 12-month high of $78.18. The company has a market capitalization of $12.80 billion, a PE ratio of 32.25, a P/E/G ratio of 2.60 and a beta of 0.93. The business’s fifty day moving average price is $69.34 and its 200 day moving average price is $70.69.

Regency Centers (NASDAQ:REG) last issued its quarterly earnings data on Tuesday, October 28th. The company reported $1.15 earnings per share for the quarter, hitting the consensus estimate of $1.15. Regency Centers had a net margin of 27.04% and a return on equity of 6.14%. The business had revenue of $387.57 million during the quarter, compared to the consensus estimate of $374.83 million. During the same quarter in the previous year, the firm earned $1.07 EPS. Regency Centers has set its FY 2025 guidance at 4.620-4.640 EPS. On average, sell-side analysts anticipate that Regency Centers Corporation will post 4.54 EPS for the current year.

Regency Centers Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 6th. Investors of record on Monday, December 15th were given a $0.755 dividend. This is a positive change from Regency Centers’s previous quarterly dividend of $0.71. The ex-dividend date was Monday, December 15th. This represents a $3.02 dividend on an annualized basis and a yield of 4.3%. Regency Centers’s payout ratio is 139.17%.

Insider Activity at Regency Centers

In other Regency Centers news, Chairman Martin E. Stein, Jr. sold 15,000 shares of Regency Centers stock in a transaction dated Monday, November 10th. The stock was sold at an average price of $70.02, for a total value of $1,050,300.00. Following the completion of the sale, the chairman owned 272,958 shares in the company, valued at $19,112,519.16. The trade was a 5.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.00% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research firms recently commented on REG. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Regency Centers in a research note on Monday, December 29th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $76.00 price target (down from $81.00) on shares of Regency Centers in a research report on Thursday, December 18th. Truist Financial decreased their price objective on shares of Regency Centers from $81.00 to $77.00 and set a “buy” rating for the company in a research report on Tuesday, November 18th. KeyCorp reaffirmed a “sector weight” rating on shares of Regency Centers in a research report on Thursday, December 4th. Finally, Wall Street Zen upgraded shares of Regency Centers from a “sell” rating to a “hold” rating in a research note on Saturday, October 4th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $79.00.

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.