Varma Mutual Pension Insurance Co Acquires Shares of 180,637 Regency Centers Corporation $REG

Varma Mutual Pension Insurance Co acquired a new stake in Regency Centers Corporation (NASDAQ:REG) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 180,637 shares of the company’s stock, valued at approximately $14,404,000. Varma Mutual Pension Insurance Co owned about 0.10% of Regency Centers at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. BlackRock Inc. purchased a new stake in Regency Centers during the 2nd quarter valued at $1,597,868,000. Norges Bank bought a new stake in Regency Centers in the fourth quarter worth $1,183,667,000. State Street Corp lifted its position in Regency Centers by 1.4% in the fourth quarter. State Street Corp now owns 12,572,876 shares of the company’s stock worth $877,261,000 after buying an additional 168,884 shares during the last quarter. Principal Financial Group Inc. boosted its stake in Regency Centers by 10.3% during the first 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 during the period. Finally, Geode Capital Management LLC boosted its stake in Regency Centers by 1.4% during the fourth quarter. Geode Capital Management LLC now owns 4,915,089 shares of the company’s stock worth $338,110,000 after buying an additional 67,739 shares during the period. Hedge funds and other institutional investors own 96.07% of the company’s stock.

Regency Centers Stock Performance

Shares of Regency Centers stock opened at $76.06 on Monday. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.71. The stock’s fifty day moving average is $79.29 and its two-hundred day moving average is $78.18. Regency Centers Corporation has a 52 week low of $66.86 and a 52 week high of $83.66. The company has a market capitalization of $13.93 billion, a PE ratio of 25.78, a price-to-earnings-growth ratio of 3.18 and a beta of 0.80.

Regency Centers (NASDAQ:REG) last released its earnings results on Wednesday, July 29th. The company reported $1.21 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.62. The business had revenue of $413.51 million during the quarter, compared to the consensus estimate of $411.07 million. Regency Centers had a return on equity of 8.04% and a net margin of 34.38%.During the same period last year, the company earned $1.16 earnings per share. Regency Centers has set its FY 2026 guidance at 4.840-4.880 EPS. As a group, analysts expect that Regency Centers Corporation will post 4.86 earnings per share for the current year.

Regency Centers Announces Dividend

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

Insiders Place Their Bets

In related news, insider Terah L. Devereaux sold 1,240 shares of Regency Centers stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $80.14, for a total transaction of $99,373.60. Following the completion of the sale, the insider owned 17,990 shares in the company, valued at $1,441,718.60. This trade represents a 6.45% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 1.00% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

REG has been the topic of a number of analyst reports. UBS Group boosted their price objective on shares of Regency Centers from $81.00 to $85.00 and gave the company a “neutral” rating in a research report on Thursday, July 9th. Jefferies Financial Group raised shares of Regency Centers to a “strong-buy” rating in a research note on Friday, June 26th. Weiss Ratings downgraded shares of Regency Centers from a “buy (b+)” rating to a “buy (b)” rating in a report on Thursday. Barclays increased their price objective on shares of Regency Centers from $90.00 to $92.00 and gave the stock an “overweight” rating in a research report on Monday, August 17th. Finally, Citigroup raised their price objective on shares of Regency Centers from $76.00 to $82.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 5th. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and ten have issued a Hold 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 $83.82.

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.