Regency Centers Co. (NASDAQ:REG) Shares Bought by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC grew its position in Regency Centers Co. (NASDAQ:REG) by 23.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 48,251 shares of the company’s stock after purchasing an additional 9,105 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Regency Centers were worth $3,567,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of REG. Sanctuary Advisors LLC increased its holdings in Regency Centers by 104.1% in the 4th quarter. Sanctuary Advisors LLC now owns 20,038 shares of the company’s stock worth $1,442,000 after buying an additional 10,221 shares during the period. Teacher Retirement System of Texas purchased a new stake in shares of Regency Centers in the 4th quarter valued at $1,499,000. Pacer Advisors Inc. increased its stake in shares of Regency Centers by 196.1% in the fourth quarter. Pacer Advisors Inc. now owns 36,245 shares of the company’s stock worth $2,680,000 after acquiring an additional 24,003 shares during the period. HighTower Advisors LLC raised its holdings in shares of Regency Centers by 47.3% during the third quarter. HighTower Advisors LLC now owns 29,342 shares of the company’s stock worth $2,121,000 after purchasing an additional 9,424 shares during the last quarter. Finally, Royal London Asset Management Ltd. lifted its position in Regency Centers by 9.3% during the third quarter. Royal London Asset Management Ltd. now owns 105,433 shares of the company’s stock valued at $7,615,000 after purchasing an additional 8,959 shares during the period. 96.07% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Regency Centers news, CEO Lisa Palmer sold 25,000 shares of the stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $73.26, for a total value of $1,831,500.00. Following the completion of the sale, the chief executive officer now owns 139,923 shares in the company, valued at approximately $10,250,758.98. This represents a 15.16 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Michael J. Mas sold 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $73.60, for a total value of $1,472,000.00. Following the transaction, the chief financial officer now owns 54,020 shares in the company, valued at approximately $3,975,872. This represents a 27.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 95,000 shares of company stock worth $6,977,500. 1.00% of the stock is owned by corporate insiders.

Regency Centers Trading Up 1.6 %

Shares of NASDAQ:REG opened at $74.74 on Thursday. The business’s 50 day moving average price is $73.27 and its 200-day moving average price is $72.95. Regency Centers Co. has a 1 year low of $56.51 and a 1 year high of $78.18. The firm has a market capitalization of $13.57 billion, a price-to-earnings ratio of 35.25, a price-to-earnings-growth ratio of 3.75 and a beta of 1.23. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.85 and a quick ratio of 0.95.

Regency Centers (NASDAQ:REG) last posted its quarterly earnings data on Thursday, February 6th. The company reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.61. Regency Centers had a net margin of 27.54% and a return on equity of 5.91%. On average, equities research analysts forecast that Regency Centers Co. will post 4.54 earnings per share for the current fiscal year.

Regency Centers Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 12th were paid a $0.705 dividend. This represents a $2.82 dividend on an annualized basis and a dividend yield of 3.77%. The ex-dividend date of this dividend was Wednesday, March 12th. Regency Centers’s dividend payout ratio is presently 133.02%.

Analyst Ratings Changes

REG has been the topic of several analyst reports. Wells Fargo & Company cut their price target on Regency Centers from $80.00 to $79.00 and set an “overweight” rating on the stock in a research report on Wednesday, March 26th. Evercore ISI reduced their price target 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, Mizuho upped their price objective on Regency Centers from $78.00 to $80.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 8th. Three equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $78.00.

Regency Centers 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.