Regency Centers Co. (NASDAQ:REG) Shares Acquired by AQR Capital Management LLC

AQR Capital Management LLC lifted its stake in shares of Regency Centers Co. (NASDAQ:REG) by 6.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 23,631 shares of the company’s stock after purchasing an additional 1,331 shares during the period. AQR Capital Management LLC’s holdings in Regency Centers were worth $1,462,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in Regency Centers by 3.0% in the first quarter. Vanguard Group Inc. now owns 28,889,033 shares of the company’s stock valued at $1,749,520,000 after acquiring an additional 830,572 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in Regency Centers by 10.7% in the first quarter. Price T Rowe Associates Inc. MD now owns 9,048,753 shares of the company’s stock valued at $547,995,000 after acquiring an additional 873,062 shares during the last quarter. Principal Financial Group Inc. lifted its holdings in Regency Centers by 4.2% in the second quarter. Principal Financial Group Inc. now owns 8,922,988 shares of the company’s stock valued at $555,009,000 after acquiring an additional 357,091 shares during the last quarter. Boston Partners lifted its holdings in Regency Centers by 4.1% in the first quarter. Boston Partners now owns 4,192,951 shares of the company’s stock valued at $253,902,000 after acquiring an additional 166,354 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in Regency Centers by 4.6% in the second quarter. Dimensional Fund Advisors LP now owns 2,641,921 shares of the company’s stock valued at $164,327,000 after acquiring an additional 117,368 shares during the last quarter. 96.07% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Regency Centers

In other Regency Centers news, VP Michael R. Herman sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, August 16th. The stock was sold at an average price of $69.57, for a total value of $69,570.00. Following the completion of the sale, the vice president now owns 13,010 shares in the company, valued at approximately $905,105.70. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, VP Michael R. Herman sold 1,000 shares of the company’s stock in a transaction that occurred on Friday, August 16th. The stock was sold at an average price of $69.57, for a total transaction of $69,570.00. Following the completion of the sale, the vice president now owns 13,010 shares in the company, valued at $905,105.70. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Chairman Martin E. Stein, Jr. sold 25,000 shares of the company’s stock in a transaction that occurred on Friday, August 2nd. The stock was sold at an average price of $70.00, for a total value of $1,750,000.00. Following the sale, the chairman now owns 307,199 shares of the company’s stock, valued at $21,503,930. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 1.00% of the stock is owned by company insiders.

Regency Centers Stock Down 1.8 %

REG opened at $69.77 on Friday. The business’s 50-day simple moving average is $71.63 and its 200-day simple moving average is $64.76. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.93 and a current ratio of 0.93. Regency Centers Co. has a one year low of $56.51 and a one year high of $75.26. The stock has a market capitalization of $12.89 billion, a P/E ratio of 34.03, a price-to-earnings-growth ratio of 4.41 and a beta of 1.21.

Regency Centers (NASDAQ:REG) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.54 earnings per share for the quarter, missing analysts’ consensus estimates of $1.02 by ($0.48). Regency Centers had a net margin of 27.60% and a return on equity of 5.63%. The firm had revenue of $357.25 million during the quarter, compared to analysts’ expectations of $361.56 million. During the same quarter in the prior year, the firm posted $1.03 EPS. Analysts anticipate that Regency Centers Co. will post 4.24 EPS for the current year.

Regency Centers Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Thursday, September 12th were paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 3.84%. The ex-dividend date was Thursday, September 12th. Regency Centers’s dividend payout ratio is currently 130.73%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on REG. JPMorgan Chase & Co. upped their price objective on Regency Centers from $71.00 to $77.00 and gave the company an “overweight” rating in a report on Thursday, August 8th. Raymond James upped their price target on Regency Centers from $67.00 to $75.00 and gave the stock an “outperform” rating in a research note on Friday, August 16th. Evercore ISI cut Regency Centers from an “outperform” rating to an “inline” rating and upped their price target for the stock from $72.00 to $75.00 in a research note on Monday, September 16th. Mizuho upped their price target on Regency Centers from $67.00 to $73.00 and gave the stock an “outperform” rating in a research note on Monday, August 19th. Finally, Deutsche Bank Aktiengesellschaft cut Regency Centers from a “buy” rating to a “hold” rating and upped their price target for the stock from $70.00 to $75.00 in a research note on Thursday, September 26th. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $76.20.

Regency Centers Company Profile

Regency Centers is a preeminent national owner, operator, and developer of shopping centers located in suburban trade areas with compelling demographics. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers.