OMERS ADMINISTRATION Corp Acquires New Shares in Regency Centers Corporation $REG

OMERS ADMINISTRATION Corp acquired a new position in shares of Regency Centers Corporation (NASDAQ:REG) in the 2nd quarter, HoldingsChannel.com reports. The fund acquired 9,193 shares of the company’s stock, valued at approximately $733,000.

A number of other institutional investors also recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in Regency Centers in the second quarter valued at $1,597,868,000. Norges Bank acquired a new position in shares of Regency Centers during the 4th quarter worth $1,183,667,000. Deutsche Bank AG acquired a new position in shares of Regency Centers during the 2nd quarter worth $170,282,000. Bank of New York Mellon Corp acquired a new position in shares of Regency Centers during the 2nd quarter worth $106,858,000. Finally, Principal Financial Group Inc. boosted its position in shares of Regency Centers by 10.3% in the 1st quarter. Principal Financial Group Inc. now owns 10,004,796 shares of the company’s stock worth $756,967,000 after buying an additional 931,272 shares in the last quarter. 96.07% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on REG shares. LADENBURG THALM/SH SH raised their target price on shares of Regency Centers from $83.00 to $85.00 and gave the company a “neutral” rating in a report on Friday, July 31st. Weiss Ratings lowered shares of Regency Centers from a “buy (b+)” rating to a “buy (b)” rating in a research report on Thursday, August 20th. Evercore set a $83.00 price objective on shares of Regency Centers in a research note on Thursday, July 30th. BTIG Research restated a “buy” rating and set a $85.00 price objective on shares of Regency Centers in a research report on Friday, June 12th. Finally, Deutsche Bank Aktiengesellschaft lowered Regency Centers from a “buy” rating to a “hold” rating and set a $85.00 target price on the stock. in a research note on Friday, May 29th. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $83.82.

Regency Centers Price Performance

Regency Centers stock opened at $75.46 on Friday. The stock has a market capitalization of $13.82 billion, a P/E ratio of 25.58, a P/E/G ratio of 3.19 and a beta of 0.80. Regency Centers Corporation has a 12-month low of $66.86 and a 12-month high of $83.66. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.25 and a quick ratio of 1.25. The firm’s 50-day moving average is $79.15 and its two-hundred day moving average is $78.24.

Regency Centers (NASDAQ:REG) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $1.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.62. The business had revenue of $413.51 million during the quarter, compared to analyst estimates of $411.07 million. Regency Centers had a net margin of 34.38% and a return on equity of 8.04%. During the same quarter in the previous year, the business posted $1.16 earnings per share. Regency Centers has set its FY 2026 guidance at 4.840-4.880 EPS. Equities analysts predict that Regency Centers Corporation will post 4.86 earnings per share for the current year.

Regency Centers Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Friday, September 11th will be issued a $0.755 dividend. The ex-dividend date is Friday, September 11th. This represents a $3.02 annualized dividend and a yield of 4.0%. Regency Centers’s payout ratio is 102.37%.

Insiders Place Their Bets

In other Regency Centers news, insider Terah L. Devereaux sold 1,240 shares of the stock in a transaction on Friday, June 12th. The stock was sold at an average price of $80.14, for a total transaction of $99,373.60. Following the transaction, the insider owned 17,990 shares of the company’s stock, valued at $1,441,718.60. This represents a 6.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Company insiders own 1.00% of the company’s stock.

Regency Centers Company Profile

Regency Centers Corporation is a publicly traded real estate investment trust (REIT) specializing in the ownership, operation and development of grocery-anchored shopping centers. Focused on everyday needs retail, the company’s portfolio is strategically concentrated in high-growth, densely populated markets across the United States. By aligning its properties with essential retailers, Regency Centers delivers stable income streams and drives sustained value for shareholders.

Founded in 1963 and headquartered in Jacksonville, Florida, Regency Centers began as a single shopping center developer before evolving into one of the largest owners of grocery-center real estate.