OMERS ADMINISTRATION Corp Takes Position in Regency Centers Corporation $REG

OMERS ADMINISTRATION Corp bought a new position in shares of Regency Centers Corporation (NASDAQ:REG) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 9,193 shares of the company’s stock, valued at approximately $733,000.

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

Insider Activity

In related news, insider Terah L. Devereaux sold 1,240 shares of the firm’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $80.14, for a total value 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.00% of the stock is owned by corporate insiders.

Regency Centers Stock Down 1.2%

REG opened at $75.46 on Friday. 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 Corporation has a 12 month low of $66.86 and a 12 month high of $83.66. 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. The business has a 50 day simple moving average of $79.15 and a 200-day simple moving average of $78.24.

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

Regency Centers Dividend Announcement

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

Analyst Upgrades and Downgrades

Several research firms have recently commented on REG. Deutsche Bank Aktiengesellschaft cut 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. Citigroup lifted their price objective on shares of Regency Centers from $76.00 to $82.00 and gave the company a “neutral” rating in a research report on Tuesday, May 5th. Weiss Ratings downgraded shares of Regency Centers from a “buy (b+)” rating to a “buy (b)” rating in a research report on Thursday, August 20th. BTIG Research restated a “buy” rating and issued a $85.00 target price on shares of Regency Centers in a research note on Friday, June 12th. Finally, Barclays lifted their target price on shares of Regency Centers from $90.00 to $92.00 and gave the company an “overweight” rating in a report on Monday, August 17th. Two analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target 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.