11,989 Shares in Regency Centers Corporation $REG Bought by United Capital Financial Advisors LLC

United Capital Financial Advisors LLC acquired a new stake in shares of Regency Centers Corporation (NASDAQ:REG) during the 2nd quarter, HoldingsChannel reports. The firm acquired 11,989 shares of the company’s stock, valued at approximately $956,000.

A number of other hedge funds have also bought and sold shares of the business. AQR Capital Management LLC increased its holdings in Regency Centers by 15.4% during the first quarter. AQR Capital Management LLC now owns 64,337 shares of the company’s stock worth $4,701,000 after buying an additional 8,563 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Regency Centers by 3.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,894 shares of the company’s stock worth $1,099,000 after buying an additional 557 shares in the last quarter. Empowered Funds LLC lifted its stake in Regency Centers by 9.6% in the 1st quarter. Empowered Funds LLC now owns 5,856 shares of the company’s stock worth $432,000 after purchasing an additional 511 shares in the last quarter. Jane Street Group LLC boosted its stake in Regency Centers by 81.5% during the first quarter. Jane Street Group LLC now owns 8,247 shares of the company’s stock valued at $608,000 after buying an additional 3,702 shares during the period. Finally, Intech Investment Management LLC boosted its position in shares of Regency Centers by 47.6% during the 1st quarter. Intech Investment Management LLC now owns 20,011 shares of the company’s stock valued at $1,476,000 after acquiring an additional 6,451 shares during the last quarter. 96.07% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on REG. LADENBURG THALM/SH SH lifted their price objective on shares of Regency Centers from $83.00 to $85.00 and gave the stock a “neutral” rating in a report on Friday, July 31st. Citigroup upped their price objective on Regency Centers from $76.00 to $82.00 and gave the stock a “neutral” rating in a report on Tuesday, May 5th. Evercore set a $83.00 price objective on Regency Centers in a report on Thursday, July 30th. Wells Fargo & Company dropped their target price on Regency Centers from $90.00 to $88.00 and set an “overweight” rating for the company in a research report on Wednesday, August 19th. Finally, BTIG Research reaffirmed a “buy” rating and issued a $85.00 price objective on shares of Regency Centers in a research note on Friday, June 12th. Two investment 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 company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $83.82.

Insider Buying and Selling at Regency Centers

In other news, insider Terah L. Devereaux sold 1,240 shares of Regency Centers stock in a transaction dated 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 of the company’s stock, valued at $1,441,718.60. The trade was a 6.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.00% of the stock is owned by insiders.

Regency Centers Stock Performance

Shares of REG stock opened at $75.52 on Monday. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.71. The company’s fifty day moving average price is $79.12 and its 200-day moving average price is $78.24. The stock has a market cap of $13.83 billion, a PE ratio of 25.60, a price-to-earnings-growth ratio of 3.15 and a beta of 0.80. Regency Centers Corporation has a 12 month low of $66.86 and a 12 month high of $83.66.

Regency Centers (NASDAQ:REG) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $1.21 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $411.07 million. During the same quarter in the prior year, the company earned $1.16 earnings per share. Regency Centers has set its FY 2026 guidance at 4.840-4.880 EPS. On average, equities analysts expect that Regency Centers Corporation will post 4.86 EPS for the current fiscal year.

Regency Centers Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders 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 dividend yield of 4.0%. The ex-dividend date of this dividend is Friday, September 11th. Regency Centers’s dividend payout ratio is currently 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.