Plato Investment Management Ltd Takes Position in Regency Centers Corporation $REG

Plato Investment Management Ltd bought a new position in shares of Regency Centers Corporation (NASDAQ:REG) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 8,635 shares of the company’s stock, valued at approximately $685,000.

Other institutional investors have also modified their holdings of the company. M&T Bank Corp boosted its stake in shares of Regency Centers by 168.6% during the 4th quarter. M&T Bank Corp now owns 25,931 shares of the company’s stock valued at $1,791,000 after buying an additional 16,277 shares during the last quarter. Nomura Asset Management Co. Ltd. increased its stake in shares of Regency Centers by 3.6% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 311,562 shares of the company’s stock worth $21,507,000 after buying an additional 10,745 shares during the last quarter. Legal & General Group Plc raised its holdings in Regency Centers by 2.8% in the fourth quarter. Legal & General Group Plc now owns 1,705,024 shares of the company’s stock valued at $117,698,000 after acquiring an additional 46,438 shares in the last quarter. F m Investments LLC bought a new position in Regency Centers during the 4th quarter valued at $1,128,000. Finally, Norges Bank acquired a new position in Regency Centers during the 4th quarter worth $1,183,667,000. Institutional investors and hedge funds own 96.07% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on REG. Wells Fargo & Company upped their target price on shares of Regency Centers from $88.00 to $90.00 and gave the company an “overweight” rating in a research note on Thursday, July 23rd. Morgan Stanley lifted their price target on Regency Centers from $85.00 to $88.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 21st. Weiss Ratings raised Regency Centers from a “buy (b)” rating to a “buy (b+)” rating in a report on Wednesday, August 5th. Barclays upped their price objective on Regency Centers from $90.00 to $92.00 and gave the company an “overweight” rating in a research note on Monday. Finally, Raymond James Financial reaffirmed an “outperform” rating and set a $88.00 target price on shares of Regency Centers in a report on Monday, June 29th. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat.com, Regency Centers currently has a consensus rating of “Moderate Buy” and a consensus price target of $83.94.

Insider Buying and Selling

In other Regency Centers news, insider Terah L. Devereaux sold 1,240 shares of Regency Centers stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $80.14, for a total value 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. The trade was a 6.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 1.00% of the stock is currently owned by insiders.

Regency Centers Stock Down 0.2%

Shares of NASDAQ:REG opened at $76.19 on Wednesday. The stock has a market capitalization of $13.95 billion, a price-to-earnings ratio of 25.83, a price-to-earnings-growth ratio of 3.20 and a beta of 0.80. Regency Centers Corporation has a 1-year low of $66.86 and a 1-year high of $83.66. The company’s fifty day moving average is $79.54 and its two-hundred day moving average is $78.10. 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 EPS for the quarter, beating 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 business had revenue of $413.51 million during the quarter, compared to analyst estimates of $411.07 million. During the same period in the previous year, the business posted $1.16 EPS. Regency Centers has set its FY 2026 guidance at 4.840-4.880 EPS. Equities analysts anticipate that Regency Centers Corporation will post 4.86 EPS for the current year.

Regency Centers Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Friday, September 11th will be paid a $0.755 dividend. This represents a $3.02 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date is Friday, September 11th. Regency Centers’s payout ratio is presently 102.37%.

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.