Strs Ohio Has $7.22 Million Stake in Regency Centers Corporation $REG

Strs Ohio raised its position in shares of Regency Centers Corporation (NASDAQ:REG) by 44.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 99,020 shares of the company’s stock after acquiring an additional 30,376 shares during the period. Strs Ohio owned approximately 0.05% of Regency Centers worth $7,219,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. CYBER HORNET ETFs LLC bought a new position in Regency Centers in the 2nd quarter worth approximately $31,000. Steigerwald Gordon & Koch Inc. acquired a new stake in shares of Regency Centers in the third quarter worth $33,000. MUFG Securities EMEA plc bought a new position in Regency Centers during the second quarter worth $34,000. Financial Consulate Inc. acquired a new position in Regency Centers during the 3rd quarter valued at $38,000. Finally, EverSource Wealth Advisors LLC boosted its holdings in Regency Centers by 233.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 570 shares of the company’s stock valued at $41,000 after purchasing an additional 399 shares during the period. 96.07% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Regency Centers

In other news, Chairman Martin E. Stein, Jr. sold 15,000 shares of the company’s stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $70.02, for a total transaction of $1,050,300.00. Following the transaction, the chairman directly owned 272,958 shares in the company, valued at approximately $19,112,519.16. This represents a 5.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.00% of the company’s stock.

Regency Centers Price Performance

Shares of REG stock opened at $71.28 on Tuesday. Regency Centers Corporation has a 52 week low of $63.44 and a 52 week high of $78.18. The stock has a market capitalization of $13.04 billion, a PE ratio of 32.85, a PEG ratio of 2.65 and a beta of 0.93. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.20 and a current ratio of 1.20. The stock’s fifty day moving average is $69.61 and its 200-day moving average is $70.70.

Regency Centers (NASDAQ:REG) last issued its quarterly earnings results on Tuesday, October 28th. The company reported $1.15 earnings per share (EPS) 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 for the quarter, compared to the consensus estimate of $374.83 million. During the same quarter in the prior year, the company earned $1.07 EPS. Equities research analysts expect that Regency Centers Corporation will post 4.54 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have recently issued reports on REG shares. Jefferies Financial Group set a $79.00 price objective on shares of Regency Centers in a report on Monday, December 15th. Wall Street Zen raised Regency Centers from a “sell” rating to a “hold” rating in a report on Saturday, October 4th. Argus upgraded Regency Centers to a “strong-buy” rating in a research note on Wednesday, November 5th. UBS Group set a $76.00 target price on Regency Centers in a research report on Wednesday, January 14th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Regency Centers from a “hold” rating to a “buy” rating and set a $83.00 price target on the stock in a report on Tuesday, January 20th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $78.69.

About Regency Centers

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.