D Orazio & Associates Inc. Takes $200,000 Position in Regency Centers Co. (NASDAQ:REG)

D Orazio & Associates Inc. bought a new stake in Regency Centers Co. (NASDAQ:REG) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 2,710 shares of the company’s stock, valued at approximately $200,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in REG. Heck Capital Advisors LLC bought a new stake in shares of Regency Centers in the 4th quarter worth approximately $26,000. Livforsakringsbolaget Skandia Omsesidigt lifted its position in shares of Regency Centers by 300.0% in the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 800 shares of the company’s stock worth $58,000 after acquiring an additional 600 shares during the period. Quest Partners LLC lifted its position in shares of Regency Centers by 84.8% in the 3rd quarter. Quest Partners LLC now owns 937 shares of the company’s stock worth $68,000 after acquiring an additional 430 shares during the period. Brooklyn Investment Group bought a new stake in shares of Regency Centers in the 3rd quarter worth approximately $96,000. Finally, Quarry LP lifted its position in shares of Regency Centers by 2,811.4% in the 3rd quarter. Quarry LP now owns 2,300 shares of the company’s stock worth $166,000 after acquiring an additional 2,221 shares during the period. Institutional investors and hedge funds own 96.07% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on REG shares. Mizuho raised their target price on Regency Centers from $78.00 to $80.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 8th. KeyCorp started coverage on Regency Centers in a research report on Friday, October 25th. They set an “overweight” rating and a $80.00 target price for the company. Robert W. Baird raised their target price on Regency Centers from $71.00 to $78.00 and gave the stock an “outperform” rating in a research report on Thursday, October 31st. Evercore ISI cut their target price on Regency Centers from $78.00 to $77.00 and set an “in-line” rating for the company in a research report on Tuesday, December 24th. Finally, Wells Fargo & Company cut their target price on Regency Centers from $81.00 to $80.00 and set an “overweight” rating for the company in a research report on Wednesday, January 29th. Three analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $78.08.

Regency Centers Stock Up 1.5 %

Shares of Regency Centers stock opened at $74.02 on Friday. Regency Centers Co. has a 1 year low of $56.51 and a 1 year high of $76.53. The business has a 50-day moving average of $72.84 and a two-hundred day moving average of $72.16. The company has a market capitalization of $13.43 billion, a P/E ratio of 34.92, a price-to-earnings-growth ratio of 3.77 and a beta of 1.21. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.95 and a quick ratio of 0.95.

Regency Centers (NASDAQ:REG) last announced its quarterly earnings results on Thursday, February 6th. The company reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.61. Regency Centers had a return on equity of 5.89% and a net margin of 27.54%. As a group, equities analysts predict that Regency Centers Co. will post 4.49 EPS for the current year.

Regency Centers Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 12th will be given a $0.705 dividend. The ex-dividend date is Wednesday, March 12th. This represents a $2.82 dividend on an annualized basis and a dividend yield of 3.81%. Regency Centers’s payout ratio is 133.02%.

About Regency Centers

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.