Dimensional Fund Advisors LP Buys 67,213 Shares of Regency Centers Corporation $REG

Dimensional Fund Advisors LP increased its stake in Regency Centers Corporation (NASDAQ:REG) by 2.6% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,667,906 shares of the company’s stock after purchasing an additional 67,213 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Regency Centers were worth $201,849,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. AQR Capital Management LLC boosted its position in Regency Centers by 15.4% in the first quarter. AQR Capital Management LLC now owns 64,337 shares of the company’s stock worth $4,701,000 after purchasing an additional 8,563 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Regency Centers by 3.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,894 shares of the company’s stock valued at $1,099,000 after buying an additional 557 shares during the period. Empowered Funds LLC increased its holdings in Regency Centers by 9.6% during the first quarter. Empowered Funds LLC now owns 5,856 shares of the company’s stock valued at $432,000 after buying an additional 511 shares during the last quarter. Jane Street Group LLC increased its holdings in Regency Centers by 81.5% during the first quarter. Jane Street Group LLC now owns 8,247 shares of the company’s stock valued at $608,000 after buying an additional 3,702 shares during the last quarter. Finally, Intech Investment Management LLC raised its position in Regency Centers by 47.6% in the first quarter. Intech Investment Management LLC now owns 20,011 shares of the company’s stock worth $1,476,000 after acquiring an additional 6,451 shares during the period. Institutional investors own 96.07% of the company’s stock.

Insider Buying and Selling at Regency Centers

In other Regency Centers news, insider Nicholas Andrew Wibbenmeyer sold 7,927 shares of the business’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $79.06, for a total value of $626,708.62. Following the sale, the insider owned 33,069 shares in the company, valued at $2,614,435.14. The trade was a 19.34% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman Martin E. Stein, Jr. sold 274,615 shares of the stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $78.40, for a total transaction of $21,529,816.00. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 283,782 shares of company stock worth $22,255,898. Insiders own 1.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Barclays raised their target price on Regency Centers from $85.00 to $90.00 and gave the stock an “overweight” rating in a report on Tuesday, May 12th. Raymond James Financial restated an “outperform” rating and issued a $88.00 price target on shares of Regency Centers in a research report on Monday, June 29th. Wells Fargo & Company lifted their price objective on Regency Centers from $88.00 to $90.00 and gave the company an “overweight” rating in a research report on Thursday. Evercore set a $81.00 price objective on Regency Centers in a research note on Tuesday, July 7th. Finally, Deutsche Bank Aktiengesellschaft cut shares of 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 investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and eleven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $83.06.

Regency Centers Stock Up 1.2%

NASDAQ REG opened at $82.15 on Friday. Regency Centers Corporation has a 12 month low of $66.86 and a 12 month high of $83.66. The company has a current ratio of 2.14, a quick ratio of 2.14 and a debt-to-equity ratio of 0.72. The stock has a market cap of $15.04 billion, a PE ratio of 28.33, a P/E/G ratio of 3.44 and a beta of 0.80. The stock’s 50 day moving average is $79.35 and its 200 day moving average is $77.11.

Regency Centers Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Investors of record on Friday, June 12th were paid a dividend of $0.755 per share. This represents a $3.02 annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend was Friday, June 12th. Regency Centers’s dividend payout ratio (DPR) is presently 104.14%.

About Regency Centers

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.