1,371,887 Shares in Regency Centers Corporation $REG Bought by Legal & General Group Plc

Legal & General Group Plc purchased a new stake in Regency Centers Corporation (NASDAQ:REG) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 1,371,887 shares of the company’s stock, valued at approximately $109,394,000. Legal & General Group Plc owned about 0.75% of Regency Centers at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in REG. M&T Bank Corp increased its position in shares of Regency Centers by 168.6% during the 4th quarter. M&T Bank Corp now owns 25,931 shares of the company’s stock worth $1,791,000 after purchasing an additional 16,277 shares during the last quarter. Nomura Asset Management Co. Ltd. boosted its holdings in shares of Regency Centers by 3.6% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 311,562 shares of the company’s stock valued at $21,507,000 after buying an additional 10,745 shares during the last quarter. F m Investments LLC acquired a new stake in shares of Regency Centers in the 4th quarter valued at approximately $1,128,000. Norges Bank bought a new position in shares of Regency Centers in the fourth quarter valued at $1,183,667,000. Finally, Geode Capital Management LLC grew its stake in shares of Regency Centers by 1.4% in the fourth quarter. Geode Capital Management LLC now owns 4,915,089 shares of the company’s stock valued at $338,110,000 after buying an additional 67,739 shares in the last quarter. 96.07% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts recently weighed in on REG shares. Jefferies Financial Group upgraded shares of Regency Centers to a “strong-buy” rating in a report on Friday, June 26th. Deutsche Bank Aktiengesellschaft cut shares of Regency Centers from a “buy” rating to a “hold” rating and set a $85.00 price target for the company. in a research note on Friday, May 29th. Raymond James Financial restated an “outperform” rating and set a $88.00 price objective on shares of Regency Centers in a research note on Monday, June 29th. Weiss Ratings downgraded shares of Regency Centers from a “buy (b+)” rating to a “buy (b)” rating in a research note on Thursday, August 20th. Finally, Barclays boosted their price target on Regency Centers from $90.00 to $92.00 and gave the stock an “overweight” rating in a research report on Monday, August 17th. Two investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $83.82.

Regency Centers Price Performance

NASDAQ:REG opened at $75.46 on Friday. The company has a market cap 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. The firm’s fifty day moving average price is $79.15 and its two-hundred day moving average price is $78.24. Regency Centers Corporation has a one year low of $66.86 and a one year 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.

Regency Centers (NASDAQ:REG) last posted its earnings results on Wednesday, July 29th. The company reported $1.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.59 by $0.62. The company had revenue of $413.51 million during the quarter, compared to analysts’ expectations 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 last year, the company posted $1.16 EPS. Regency Centers has set its FY 2026 guidance at 4.840-4.880 EPS. Equities analysts expect that Regency Centers Corporation will post 4.86 earnings per share for the current year.

Regency Centers Dividend Announcement

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

Insider Activity

In other news, insider Terah L. Devereaux sold 1,240 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the insider owned 17,990 shares in the company, valued at $1,441,718.60. The trade was a 6.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 1.00% of the stock is currently owned by corporate insiders.

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.