Deutsche Bank AG Takes $170.28 Million Position in Regency Centers Corporation $REG

Deutsche Bank AG bought a new position in shares of Regency Centers Corporation (NASDAQ:REG) during the second quarter, HoldingsChannel reports. The institutional investor bought 2,135,462 shares of the company’s stock, valued at approximately $170,282,000.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Havemeyer Place LP purchased a new stake in Regency Centers during the 4th quarter worth $26,000. Hantz Financial Services Inc. boosted its position in Regency Centers by 388.9% in the 4th quarter. Hantz Financial Services Inc. now owns 440 shares of the company’s stock valued at $30,000 after buying an additional 350 shares during the last quarter. Brown Brothers Harriman & Co. boosted its position in Regency Centers by 63.1% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 406 shares of the company’s stock valued at $30,000 after buying an additional 157 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new stake in shares of Regency Centers during the second quarter valued at about $31,000. Finally, MUFG Securities EMEA plc acquired a new stake in shares of Regency Centers during the second quarter valued at about $34,000. 96.07% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other 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 owned 17,990 shares in the company, valued at approximately $1,441,718.60. This trade represents a 6.45% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.00% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. BTIG Research reaffirmed a “buy” rating and set a $85.00 target price on shares of Regency Centers in a research report on Friday, June 12th. Weiss Ratings raised Regency Centers from a “buy (b)” rating to a “buy (b+)” rating in a report on Wednesday, August 5th. Barclays raised 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. Wells Fargo & Company dropped their price objective on Regency Centers from $90.00 to $88.00 and set an “overweight” rating on the stock in a report on Wednesday. Finally, Jefferies Financial Group raised Regency Centers to a “strong-buy” rating in a research report on Friday, June 26th. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $83.82.

Regency Centers Stock Performance

Shares of Regency Centers stock opened at $76.40 on Thursday. The firm has a market cap of $13.99 billion, a PE ratio of 25.90, a price-to-earnings-growth ratio of 3.18 and a beta of 0.80. The firm’s 50-day simple moving average is $79.46 and its 200-day simple moving average is $78.13. 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 Corporation has a 1 year low of $66.86 and a 1 year high of $83.66.

Regency Centers (NASDAQ:REG) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $1.21 EPS for the quarter, topping analysts’ consensus estimates of $0.59 by $0.62. The business had revenue of $413.51 million during the quarter, compared to the consensus estimate of $411.07 million. Regency Centers had a return on equity of 8.04% and a net margin of 34.38%.During the same period last year, the firm earned $1.16 earnings per share. Regency Centers has set its FY 2026 guidance at 4.840-4.880 EPS. Equities analysts forecast that Regency Centers Corporation will post 4.86 earnings per share for the current fiscal year.

Regency Centers Dividend Announcement

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