Comprehensive Money Management Services LLC Sells 169 Shares of Regency Centers Corporation $REG

Comprehensive Money Management Services LLC trimmed its holdings in shares of Regency Centers Corporation (NASDAQ:REG) by 3.9% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,146 shares of the company’s stock after selling 169 shares during the period. Comprehensive Money Management Services LLC’s holdings in Regency Centers were worth $295,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Envestnet Asset Management Inc. boosted its holdings in shares of Regency Centers by 3.2% during the 1st quarter. Envestnet Asset Management Inc. now owns 120,960 shares of the company’s stock worth $8,922,000 after buying an additional 3,773 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Regency Centers by 14.6% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 30,322 shares of the company’s stock worth $2,210,000 after buying an additional 3,857 shares in the last quarter. Janney Montgomery Scott LLC boosted its holdings in shares of Regency Centers by 7.1% during the 1st quarter. Janney Montgomery Scott LLC now owns 4,296 shares of the company’s stock worth $317,000 after buying an additional 283 shares in the last quarter. Teacher Retirement System of Texas lifted its holdings in shares of Regency Centers by 46.2% in the 1st quarter. Teacher Retirement System of Texas now owns 29,633 shares of the company’s stock worth $2,186,000 after purchasing an additional 9,359 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its holdings in shares of Regency Centers by 43.1% in the 1st quarter. Farther Finance Advisors LLC now owns 1,435 shares of the company’s stock worth $106,000 after purchasing an additional 432 shares in the last quarter. 96.07% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Truist Financial increased their target price on Regency Centers from $79.00 to $81.00 and gave the stock a “buy” rating in a report on Friday, August 15th. LADENBURG THALM/SH SH assumed coverage on Regency Centers in a report on Tuesday, September 9th. They issued a “neutral” rating and a $76.00 target price on the stock. Barclays increased their target price on Regency Centers from $79.00 to $83.00 and gave the stock an “equal weight” rating in a report on Monday. Wells Fargo & Company increased their target price on Regency Centers from $79.00 to $81.00 and gave the stock an “overweight” rating in a report on Wednesday, August 27th. Finally, Evercore ISI increased their target price on Regency Centers from $76.00 to $77.00 and gave the stock an “in-line” rating in a report on Monday, September 15th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $79.09.

Regency Centers Trading Down 1.3%

Shares of Regency Centers stock opened at $70.37 on Friday. Regency Centers Corporation has a 1 year low of $63.44 and a 1 year high of $78.18. The firm has a market cap of $12.78 billion, a PE ratio of 32.88, a P/E/G ratio of 3.08 and a beta of 1.09. The stock has a fifty day moving average price of $71.79 and a 200-day moving average price of $71.38. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.13 and a quick ratio of 1.13.

Regency Centers (NASDAQ:REG) last posted its earnings results on Tuesday, July 29th. The company reported $1.16 earnings per share for the quarter, beating analysts’ consensus estimates of $1.12 by $0.04. The business had revenue of $369.85 million during the quarter, compared to analyst estimates of $366.35 million. Regency Centers had a return on equity of 6.05% and a net margin of 27.00%.The company’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.06 EPS. Regency Centers has set its FY 2025 guidance at 4.590-4.630 EPS. Equities research analysts anticipate that Regency Centers Corporation will post 4.54 EPS for the current year.

Regency Centers Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Thursday, September 11th were given a $0.705 dividend. The ex-dividend date was Thursday, September 11th. This represents a $2.82 dividend on an annualized basis and a yield of 4.0%. Regency Centers’s payout ratio is presently 131.78%.

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.