3,121 Shares in Regency Centers Co. (NASDAQ:REG) Purchased by Virtu Financial LLC

Virtu Financial LLC acquired a new stake in shares of Regency Centers Co. (NASDAQ:REG) during the fourth quarter, HoldingsChannel.com reports. The firm acquired 3,121 shares of the company’s stock, valued at approximately $231,000.

Several other institutional investors have also modified their holdings of REG. Sanctuary Advisors LLC grew its holdings in Regency Centers by 104.1% during the 4th quarter. Sanctuary Advisors LLC now owns 20,038 shares of the company’s stock valued at $1,442,000 after purchasing an additional 10,221 shares during the last quarter. Pacer Advisors Inc. boosted its position in shares of Regency Centers by 196.1% during the fourth quarter. Pacer Advisors Inc. now owns 36,245 shares of the company’s stock valued at $2,680,000 after buying an additional 24,003 shares during the period. HighTower Advisors LLC grew its stake in shares of Regency Centers by 47.3% during the third quarter. HighTower Advisors LLC now owns 29,342 shares of the company’s stock valued at $2,121,000 after buying an additional 9,424 shares during the last quarter. Royal London Asset Management Ltd. raised its holdings in shares of Regency Centers by 9.3% in the third quarter. Royal London Asset Management Ltd. now owns 105,433 shares of the company’s stock worth $7,615,000 after buying an additional 8,959 shares during the period. Finally, Y Intercept Hong Kong Ltd bought a new stake in shares of Regency Centers during the 3rd quarter worth approximately $953,000. 96.07% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have commented on REG shares. Wells Fargo & Company cut their price objective on Regency Centers from $80.00 to $79.00 and set an “overweight” rating on the stock in a research report on Wednesday. Mizuho raised their price target on shares of Regency Centers from $78.00 to $80.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 8th. Finally, Evercore ISI decreased their price objective on shares of Regency Centers from $78.00 to $77.00 and set an “in-line” rating for the company in a report on Tuesday, December 24th. Three research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Regency Centers currently has an average rating of “Moderate Buy” and a consensus price target of $78.00.

Regency Centers Trading Up 0.7 %

Shares of NASDAQ REG opened at $72.87 on Friday. The business has a fifty day moving average price of $73.12 and a 200 day moving average price of $72.98. Regency Centers Co. has a 1-year low of $56.51 and a 1-year high of $78.18. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.85 and a quick ratio of 0.95. The stock has a market capitalization of $13.22 billion, a P/E ratio of 34.37, a price-to-earnings-growth ratio of 3.75 and a beta of 1.23.

Regency Centers (NASDAQ:REG) last released its quarterly earnings results on Thursday, February 6th. The company reported $1.09 earnings per share for the quarter, beating analysts’ consensus estimates of $0.48 by $0.61. Regency Centers had a net margin of 27.54% and a return on equity of 5.91%. Equities research analysts expect that Regency Centers Co. will post 4.54 EPS for the current fiscal year.

Regency Centers Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 12th will be given a dividend of $0.705 per share. This represents a $2.82 dividend on an annualized basis and a dividend yield of 3.87%. The ex-dividend date is Wednesday, March 12th. Regency Centers’s payout ratio is presently 133.02%.

Insider Activity

In related news, CFO Michael J. Mas sold 20,000 shares of the stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $73.60, for a total value of $1,472,000.00. Following the completion of the transaction, the chief financial officer now directly owns 54,020 shares of the company’s stock, valued at $3,975,872. This trade represents a 27.02 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Lisa Palmer sold 25,000 shares of Regency Centers stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $73.26, for a total transaction of $1,831,500.00. Following the completion of the sale, the chief executive officer now owns 139,923 shares of the company’s stock, valued at $10,250,758.98. This trade represents a 15.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 95,000 shares of company stock worth $6,977,500. Insiders own 1.00% of the company’s stock.

Regency Centers Profile

Regency Centers is a preeminent national owner, operator, and developer of shopping centers located in suburban trade areas with compelling demographics. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers.