Robeco Institutional Asset Management B.V. Purchases 135,272 Shares of Regency Centers Co. (NASDAQ:REG)

Robeco Institutional Asset Management B.V. increased its position in Regency Centers Co. (NASDAQ:REG) by 419.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 167,549 shares of the company’s stock after purchasing an additional 135,272 shares during the quarter. Robeco Institutional Asset Management B.V. owned approximately 0.09% of Regency Centers worth $12,387,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Livforsakringsbolaget Skandia Omsesidigt raised its holdings in Regency Centers by 300.0% in the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 800 shares of the company’s stock valued at $58,000 after acquiring an additional 600 shares during the period. Quest Partners LLC raised its holdings in Regency Centers by 84.8% in the 3rd quarter. Quest Partners LLC now owns 937 shares of the company’s stock valued at $68,000 after acquiring an additional 430 shares during the period. Brooklyn Investment Group bought a new position in Regency Centers in the 3rd quarter valued at about $96,000. Quarry LP raised its holdings in Regency Centers by 2,811.4% in the 3rd quarter. Quarry LP now owns 2,300 shares of the company’s stock valued at $166,000 after acquiring an additional 2,221 shares during the period. Finally, GAMMA Investing LLC raised its holdings in Regency Centers by 33.0% in the 3rd quarter. GAMMA Investing LLC now owns 2,782 shares of the company’s stock valued at $201,000 after acquiring an additional 691 shares during the period. 96.07% of the stock is owned by institutional investors.

Regency Centers Stock Performance

NASDAQ REG opened at $71.84 on Friday. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.65. The firm has a market capitalization of $13.04 billion, a price-to-earnings ratio of 33.73, a P/E/G ratio of 3.69 and a beta of 1.22. The firm’s 50 day simple moving average is $73.09 and its 200 day simple moving average is $71.89. Regency Centers Co. has a 1 year low of $56.51 and a 1 year high of $76.53.

Regency Centers Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Monday, December 16th were given a $0.705 dividend. The ex-dividend date was Monday, December 16th. This represents a $2.82 dividend on an annualized basis and a yield of 3.93%. This is a positive change from Regency Centers’s previous quarterly dividend of $0.67. Regency Centers’s dividend payout ratio (DPR) is currently 132.39%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. KeyCorp assumed coverage on shares of Regency Centers in a report on Friday, October 25th. They issued an “overweight” rating and a $80.00 price target on the stock. Robert W. Baird increased their target price on shares of Regency Centers from $71.00 to $78.00 and gave the stock an “outperform” rating in a research report on Thursday, October 31st. BTIG Research increased their target price on shares of Regency Centers from $72.00 to $79.00 and gave the stock a “buy” rating in a research report on Wednesday, November 27th. JPMorgan Chase & Co. increased their target price on shares of Regency Centers from $77.00 to $80.00 and gave the stock an “overweight” rating in a research report on Monday, November 4th. Finally, Evercore ISI decreased their target price on shares of Regency Centers from $78.00 to $77.00 and set an “in-line” rating on the stock in a research report on Tuesday, December 24th. Three equities 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, Regency Centers presently has an average rating of “Moderate Buy” and an average price target of $78.08.

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.