Public Employees Retirement System of Ohio Invests $21.11 Million in Regency Centers Corporation $REG

Public Employees Retirement System of Ohio purchased a new stake in Regency Centers Corporation (NASDAQ:REG) in the second quarter, Holdings Channel.com reports. The firm purchased 264,695 shares of the company’s stock, valued at approximately $21,107,000.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. BlackRock Inc. bought a new position in shares of Regency Centers in the second quarter worth about $1,597,868,000. Norges Bank acquired a new position in shares of Regency Centers during the fourth quarter worth approximately $1,183,667,000. Deutsche Bank AG bought a new stake in shares of Regency Centers during the second quarter valued at approximately $170,282,000. Legal & General Group Plc acquired a new stake in shares of Regency Centers in the second quarter valued at approximately $109,394,000. Finally, Hsbc Holdings PLC acquired a new stake in shares of Regency Centers in the second quarter valued at approximately $108,196,000. Institutional investors own 96.07% of the company’s stock.

Insider Buying and Selling at Regency Centers

In related news, insider Terah L. Devereaux sold 1,240 shares of Regency Centers stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $80.14, for a total transaction of $99,373.60. Following the transaction, the insider owned 17,990 shares of the company’s stock, valued at $1,441,718.60. This trade represents a 6.45% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 1.00% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. BTIG Research reaffirmed a “buy” rating and set a $85.00 price objective on shares of Regency Centers in a report on Friday, June 12th. Wells Fargo & Company lowered their target price on Regency Centers from $90.00 to $88.00 and set an “overweight” rating for the company in a research note on Wednesday, August 19th. Deutsche Bank Aktiengesellschaft downgraded Regency Centers from a “buy” rating to a “hold” rating and set a $85.00 target price for the company. in a research report on Friday, May 29th. Evercore set a $83.00 price target on Regency Centers in a research note on Thursday, July 30th. Finally, Barclays raised their price target on Regency Centers from $90.00 to $92.00 and gave the company an “overweight” rating in a report on Monday, August 17th. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat, Regency Centers has an average rating of “Moderate Buy” and a consensus price target of $83.82.

Regency Centers Price Performance

REG opened at $75.52 on Friday. The company has a fifty day moving average price of $79.12 and a two-hundred day moving average price of $78.22. The firm has a market capitalization of $13.83 billion, a PE ratio of 25.60, a P/E/G ratio of 3.15 and a beta of 0.80. Regency Centers Corporation has a 52 week low of $66.86 and a 52 week high of $83.66. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.25 and a current ratio of 1.25.

Regency Centers (NASDAQ:REG) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $1.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.62. Regency Centers had a return on equity of 8.04% and a net margin of 34.38%.The company had revenue of $413.51 million for the quarter, compared to the consensus estimate of $411.07 million. During the same quarter 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 anticipate that Regency Centers Corporation will post 4.86 earnings per share for the current year.

Regency Centers Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, October 2nd. Investors of record on Friday, September 11th will be given a $0.755 dividend. This represents a $3.02 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date is Friday, September 11th. Regency Centers’s dividend payout ratio (DPR) is currently 102.37%.

Regency Centers 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.