Cibc World Market Inc. Purchases New Position in Regency Centers Corporation $REG

Cibc World Market Inc. acquired a new position in Regency Centers Corporation (NASDAQ:REG) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 43,433 shares of the company’s stock, valued at approximately $3,463,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. M&T Bank Corp grew its position in Regency Centers by 168.6% in the fourth quarter. M&T Bank Corp now owns 25,931 shares of the company’s stock worth $1,791,000 after acquiring an additional 16,277 shares in the last quarter. Nomura Asset Management Co. Ltd. raised its holdings in shares of Regency Centers by 3.6% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 311,562 shares of the company’s stock valued at $21,507,000 after purchasing an additional 10,745 shares in the last quarter. Legal & General Group Plc raised its holdings in shares of Regency Centers by 2.8% during the 4th quarter. Legal & General Group Plc now owns 1,705,024 shares of the company’s stock valued at $117,698,000 after purchasing an additional 46,438 shares in the last quarter. F m Investments LLC acquired a new stake in shares of Regency Centers in the 4th quarter valued at $1,128,000. Finally, Norges Bank acquired a new stake in shares of Regency Centers in the 4th quarter valued at $1,183,667,000. Institutional investors own 96.07% of the company’s stock.

Analysts Set New Price Targets

REG has been the subject of a number of recent research reports. Jefferies Financial Group upgraded shares of Regency Centers to a “strong-buy” rating in a report on Friday, June 26th. Argus set a $85.00 price target on Regency Centers in a research report on Monday, August 10th. Weiss Ratings cut Regency Centers from a “buy (b+)” rating to a “buy (b)” rating in a research report on Thursday, August 20th. LADENBURG THALM/SH SH upped their price target on Regency Centers from $83.00 to $85.00 and gave the stock a “neutral” rating in a research note on Friday, July 31st. Finally, Deutsche Bank Aktiengesellschaft lowered Regency Centers from a “buy” rating to a “hold” rating and set a $85.00 price objective on the stock. in a report on Friday, May 29th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat.com, Regency Centers presently has a consensus rating of “Moderate Buy” and an average target price of $83.82.

Regency Centers Price Performance

Shares of Regency Centers stock opened at $76.38 on Thursday. The firm has a fifty day simple moving average of $79.18 and a 200-day simple moving average of $78.24. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.71. Regency Centers Corporation has a 1-year low of $66.86 and a 1-year high of $83.66. The stock has a market capitalization of $13.99 billion, a price-to-earnings ratio of 25.89, a PEG ratio of 3.21 and a beta of 0.80.

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

Regency Centers Dividend Announcement

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

Insider Activity

In other news, insider Terah L. Devereaux sold 1,240 shares of Regency Centers stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $80.14, for a total value of $99,373.60. Following the transaction, the insider directly owned 17,990 shares in the company, valued at approximately $1,441,718.60. The trade was a 6.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.00% of the company’s stock.

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.