Sanctuary Advisors LLC Makes New Investment in Regency Centers Corporation $REG

Sanctuary Advisors LLC acquired a new position in shares of Regency Centers Corporation (NASDAQ:REG) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 11,777 shares of the company’s stock, valued at approximately $939,000.

Several other hedge funds have also modified their holdings of the stock. Inspire Investing LLC increased its holdings in Regency Centers by 0.6% during the 1st quarter. Inspire Investing LLC now owns 22,480 shares of the company’s stock worth $1,701,000 after purchasing an additional 141 shares during the period. Tema ETFs LLC boosted its stake in shares of Regency Centers by 7.1% in the 2nd quarter. Tema ETFs LLC now owns 2,184 shares of the company’s stock valued at $174,000 after buying an additional 145 shares during the period. Norinchukin Bank The boosted its stake in shares of Regency Centers by 0.8% in the 3rd quarter. Norinchukin Bank The now owns 17,730 shares of the company’s stock valued at $1,293,000 after buying an additional 147 shares during the period. Brown Brothers Harriman & Co. grew its position in shares of Regency Centers by 63.1% during the third quarter. Brown Brothers Harriman & Co. now owns 406 shares of the company’s stock worth $30,000 after buying an additional 157 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its position in shares of Regency Centers by 12.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,437 shares of the company’s stock worth $102,000 after buying an additional 162 shares in the last quarter. 96.07% of the stock is currently owned by institutional investors and hedge funds.

Regency Centers Stock Down 1.2%

Shares of NASDAQ:REG opened at $75.46 on Friday. Regency Centers Corporation has a 1-year low of $66.86 and a 1-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. The stock 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 has a fifty day moving average price of $79.15 and a 200 day moving average price of $78.24.

Regency Centers (NASDAQ:REG) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $1.21 EPS for the quarter, beating analysts’ consensus estimates of $0.59 by $0.62. Regency Centers had a net margin of 34.38% and a return on equity of 8.04%. The company had revenue of $413.51 million for the quarter, compared to analyst estimates of $411.07 million. During the same period 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. Sell-side analysts predict that Regency Centers Corporation will post 4.86 EPS for the current year.

Regency Centers Dividend Announcement

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 given a $0.755 dividend. This represents a $3.02 annualized dividend and a yield of 4.0%. The ex-dividend date is Friday, September 11th. Regency Centers’s payout ratio is 102.37%.

Insider Buying and Selling

In other Regency Centers news, insider Terah L. Devereaux sold 1,240 shares of the company’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 directly 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.00% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

REG has been the subject of a number of recent analyst reports. Weiss Ratings downgraded Regency Centers from a “buy (b+)” rating to a “buy (b)” rating in a report on Thursday, August 20th. 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 report on Friday, May 29th. Jefferies Financial Group upgraded Regency Centers to a “strong-buy” rating in a research note on Friday, June 26th. Citigroup upped their price target on Regency Centers from $76.00 to $82.00 and gave the company a “neutral” rating in a report on Tuesday, May 5th. Finally, Evercore set a $83.00 price objective on shares of Regency Centers in a report on Thursday, July 30th. Two research 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 company’s stock. According to MarketBeat.com, Regency Centers currently has an average rating of “Moderate Buy” and a consensus target price of $83.82.

Regency Centers 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.