Fjarde AP Fonden Fourth Swedish National Pension Fund Has $2.62 Million Stake in Regency Centers Corporation (NYSE:REG)

Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its holdings in shares of Regency Centers Corporation (NYSE:REG) by 19.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 41,834 shares of the real estate investment trust’s stock after purchasing an additional 6,804 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Regency Centers Corporation were worth $2,620,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in REG. Nisa Investment Advisors LLC lifted its stake in Regency Centers Corporation by 46.6% during the first quarter. Nisa Investment Advisors LLC now owns 21,140 shares of the real estate investment trust’s stock worth $1,403,000 after purchasing an additional 6,720 shares during the period. State of New Jersey Common Pension Fund D lifted its stake in Regency Centers Corporation by 86.6% during the first quarter. State of New Jersey Common Pension Fund D now owns 137,150 shares of the real estate investment trust’s stock worth $9,105,000 after purchasing an additional 63,650 shares during the period. Sumitomo Mitsui Asset Management Company LTD lifted its stake in Regency Centers Corporation by 63.6% during the first quarter. Sumitomo Mitsui Asset Management Company LTD now owns 25,536 shares of the real estate investment trust’s stock worth $1,695,000 after purchasing an additional 9,931 shares during the period. Wells Fargo & Company MN lifted its stake in Regency Centers Corporation by 11.9% during the first quarter. Wells Fargo & Company MN now owns 1,356,875 shares of the real estate investment trust’s stock worth $90,084,000 after purchasing an additional 144,277 shares during the period. Finally, Canada Pension Plan Investment Board lifted its stake in Regency Centers Corporation by 2,575.8% during the first quarter. Canada Pension Plan Investment Board now owns 132,398 shares of the real estate investment trust’s stock worth $8,790,000 after purchasing an additional 127,450 shares during the period. Hedge funds and other institutional investors own 91.52% of the company’s stock.

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In related news, Vice Chairman Chaim Katzman sold 1,055,758 shares of the stock in a transaction that occurred on Monday, September 11th. The shares were sold at an average price of $64.30, for a total value of $67,885,239.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Mary Lou Fiala sold 7,775 shares of the stock in a transaction that occurred on Wednesday, August 23rd. The shares were sold at an average price of $65.74, for a total transaction of $511,128.50. Following the completion of the transaction, the director now directly owns 17,145 shares of the company’s stock, valued at approximately $1,127,112.30. The disclosure for this sale can be found here. 12.66% of the stock is owned by corporate insiders.

Regency Centers Corporation (REG) opened at 65.00 on Friday. Regency Centers Corporation has a 52-week low of $58.63 and a 52-week high of $79.96. The company has a 50-day moving average of $65.31 and a 200 day moving average of $64.30. The company has a market cap of $11.03 billion, a PE ratio of 107.97 and a beta of 0.56.

Regency Centers Corporation (NYSE:REG) last posted its quarterly earnings results on Thursday, August 3rd. The real estate investment trust reported $0.93 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.90 by $0.03. The business had revenue of $240.42 million for the quarter, compared to analyst estimates of $248.50 million. Regency Centers Corporation had a net margin of 13.19% and a return on equity of 2.20%. During the same quarter last year, the business posted $0.81 EPS. Equities research analysts predict that Regency Centers Corporation will post $0.89 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 30th. Investors of record on Wednesday, August 16th were paid a $0.53 dividend. This represents a $2.12 annualized dividend and a yield of 3.26%. The ex-dividend date of this dividend was Monday, August 14th. Regency Centers Corporation’s payout ratio is 353.34%.

A number of research analysts have commented on the stock. Boenning Scattergood restated a “hold” rating on shares of Regency Centers Corporation in a research note on Monday, August 7th. TheStreet upgraded shares of Regency Centers Corporation from a “c” rating to a “b-” rating in a research note on Thursday, August 3rd. Jefferies Group LLC restated a “buy” rating and set a $74.00 price target on shares of Regency Centers Corporation in a research note on Monday, July 17th. Zacks Investment Research cut shares of Regency Centers Corporation from a “buy” rating to a “hold” rating in a research note on Wednesday, August 16th. Finally, BidaskClub upgraded shares of Regency Centers Corporation from a “strong sell” rating to a “sell” rating in a research note on Wednesday, June 14th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $71.54.

Regency Centers Corporation Company Profile

Regency Centers Corporation is a real estate investment trust (REIT). The Company is the general partner of Regency Centers, L.P. (the Operating Partnership). The Company is engaged in the ownership, management, leasing, acquisition and development of retail shopping centers through the Operating Partnership.

Institutional Ownership by Quarter for Regency Centers Corporation (NYSE:REG)




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