OVERSEA CHINESE BANKING Corp Ltd Invests $5.68 Million in Regency Centers Corporation $REG

OVERSEA CHINESE BANKING Corp Ltd purchased a new position in shares of Regency Centers Corporation (NASDAQ:REG) during the second quarter, Holdings Channel reports. The firm purchased 71,205 shares of the company’s stock, valued at approximately $5,678,000.

Several other large investors also recently bought and sold shares of REG. BlackRock Inc. purchased a new position in Regency Centers in the 2nd quarter worth approximately $1,597,868,000. Norges Bank purchased a new stake in shares of Regency Centers in the fourth quarter valued at approximately $1,183,667,000. State Street Corp increased its holdings in shares of Regency Centers by 1.4% in the fourth quarter. State Street Corp now owns 12,572,876 shares of the company’s stock valued at $877,261,000 after purchasing an additional 168,884 shares during the last quarter. Principal Financial Group Inc. increased its holdings in shares of Regency Centers by 10.3% in the first quarter. Principal Financial Group Inc. now owns 10,004,796 shares of the company’s stock valued at $756,967,000 after purchasing an additional 931,272 shares during the last quarter. Finally, Geode Capital Management LLC lifted its position in Regency Centers by 1.4% during the fourth quarter. Geode Capital Management LLC now owns 4,915,089 shares of the company’s stock worth $338,110,000 after buying an additional 67,739 shares in the last quarter. Hedge funds and other institutional investors own 96.07% of the company’s stock.

Insider Activity at Regency Centers

In other news, insider Terah L. Devereaux sold 1,240 shares of the firm’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $80.14, for a total transaction of $99,373.60. Following the completion of the transaction, the insider directly owned 17,990 shares in the company, valued at $1,441,718.60. This trade represents a 6.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 1.00% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several brokerages have issued reports on REG. Jefferies Financial Group upgraded Regency Centers to a “strong-buy” rating in a report on Friday, June 26th. Argus set a $85.00 price target on shares of Regency Centers in a research note on Monday, August 10th. Raymond James Financial reaffirmed an “outperform” rating and set a $88.00 price target on shares of Regency Centers in a research report on Monday, June 29th. LADENBURG THALM/SH SH upped their price objective on Regency Centers from $83.00 to $85.00 and gave the company a “neutral” rating in a report on Friday, July 31st. Finally, BTIG Research reiterated a “buy” rating and issued a $85.00 price objective on shares of Regency Centers in a research report on Friday, June 12th. Two 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’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $83.82.

Regency Centers Price Performance

Shares of REG opened at $76.51 on Friday. Regency Centers Corporation has a 1-year low of $66.86 and a 1-year high of $83.66. The stock has a market cap of $14.01 billion, a PE ratio of 25.94, a P/E/G ratio of 3.19 and a beta of 0.80. The firm has a 50-day simple moving average of $79.38 and a two-hundred day simple moving average of $78.16. 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 (NASDAQ:REG) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $1.21 EPS for the quarter, topping the consensus estimate of $0.59 by $0.62. Regency Centers had a net margin of 34.38% and a return on equity of 8.04%. The firm had revenue of $413.51 million for the quarter, compared to analyst estimates of $411.07 million. During the same period in the prior year, the business posted $1.16 EPS. Regency Centers has set its FY 2026 guidance at 4.840-4.880 EPS. As a group, analysts forecast that Regency Centers Corporation will post 4.86 EPS for the current year.

Regency Centers Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Friday, September 11th will be paid a dividend of $0.755 per share. This represents a $3.02 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date is Friday, September 11th. Regency Centers’s dividend payout ratio is 102.37%.

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.