DekaBank Deutsche Girozentrale Has $5.67 Million Stock Position in Regency Centers Co. (NASDAQ:REG)

DekaBank Deutsche Girozentrale boosted its holdings in shares of Regency Centers Co. (NASDAQ:REG) by 0.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 80,078 shares of the company’s stock after buying an additional 644 shares during the quarter. DekaBank Deutsche Girozentrale’s holdings in Regency Centers were worth $5,674,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of REG. Assenagon Asset Management S.A. lifted its stake in shares of Regency Centers by 3.3% during the 2nd quarter. Assenagon Asset Management S.A. now owns 4,744 shares of the company’s stock worth $295,000 after buying an additional 152 shares during the last quarter. Azzad Asset Management Inc. ADV lifted its position in Regency Centers by 4.3% during the third quarter. Azzad Asset Management Inc. ADV now owns 4,543 shares of the company’s stock worth $328,000 after acquiring an additional 189 shares during the last quarter. Tectonic Advisors LLC boosted its holdings in shares of Regency Centers by 3.0% during the third quarter. Tectonic Advisors LLC now owns 6,941 shares of the company’s stock worth $501,000 after acquiring an additional 203 shares during the period. Greenleaf Trust grew its position in shares of Regency Centers by 5.5% in the third quarter. Greenleaf Trust now owns 4,563 shares of the company’s stock valued at $330,000 after purchasing an additional 238 shares during the last quarter. Finally, V Square Quantitative Management LLC increased its stake in shares of Regency Centers by 7.6% during the second quarter. V Square Quantitative Management LLC now owns 3,829 shares of the company’s stock worth $238,000 after purchasing an additional 269 shares during the period. Institutional investors own 96.07% of the company’s stock.

Regency Centers Trading Down 1.7 %

Shares of REG stock opened at $71.44 on Friday. Regency Centers Co. has a fifty-two week low of $56.51 and a fifty-two week high of $75.26. The stock’s fifty day moving average price is $72.14 and its two-hundred day moving average price is $66.05. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.93 and a current ratio of 0.93. The company has a market cap of $12.97 billion, a PE ratio of 33.54, a P/E/G ratio of 4.42 and a beta of 1.21.

Regency Centers (NASDAQ:REG) last released its quarterly earnings data on Monday, October 28th. The company reported $0.54 earnings per share for the quarter, missing the consensus estimate of $1.04 by ($0.50). The business had revenue of $360.27 million during the quarter, compared to analyst estimates of $355.17 million. Regency Centers had a net margin of 27.60% and a return on equity of 5.63%. During the same period last year, the business earned $1.02 earnings per share. Equities analysts predict that Regency Centers Co. will post 4.24 EPS for the current fiscal year.

Insider Activity at Regency Centers

In other Regency Centers news, VP Michael R. Herman sold 1,000 shares of the firm’s stock in a transaction that occurred on Friday, August 16th. The shares were sold at an average price of $69.57, for a total value of $69,570.00. Following the sale, the vice president now owns 13,010 shares in the company, valued at $905,105.70. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 1.00% of the stock is currently owned by insiders.

Analyst Ratings Changes

REG has been the subject of several recent research reports. Robert W. Baird boosted their price target on Regency Centers from $71.00 to $78.00 and gave the company an “outperform” rating in a research note on Thursday. KeyCorp started coverage on shares of Regency Centers in a research note on Friday, October 25th. They issued an “overweight” rating and a $80.00 price target on the stock. Compass Point lifted their price objective on shares of Regency Centers from $75.00 to $80.00 and gave the stock a “buy” rating in a research note on Tuesday, September 10th. Mizuho increased their target price on shares of Regency Centers from $67.00 to $73.00 and gave the stock an “outperform” rating in a research report on Monday, August 19th. Finally, Scotiabank lifted their price target on shares of Regency Centers from $65.00 to $75.00 and gave the company a “sector perform” rating in a research report on Monday, August 26th. Two research analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $76.67.

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.