Regency Centers Corporation $REG Shares Sold by Hsbc Holdings PLC

Hsbc Holdings PLC lessened its holdings in Regency Centers Corporation (NASDAQ:REG) by 1.6% during the second quarter, HoldingsChannel.com reports. The fund owned 1,354,984 shares of the company’s stock after selling 22,403 shares during the quarter. Hsbc Holdings PLC’s holdings in Regency Centers were worth $108,196,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Havemeyer Place LP purchased a new position in Regency Centers in the fourth quarter valued at about $26,000. Brown Brothers Harriman & Co. boosted its position in shares of Regency Centers by 63.1% in the third quarter. Brown Brothers Harriman & Co. now owns 406 shares of the company’s stock worth $30,000 after buying an additional 157 shares during the period. Hantz Financial Services Inc. grew its stake in shares of Regency Centers by 388.9% in the fourth quarter. Hantz Financial Services Inc. now owns 440 shares of the company’s stock valued at $30,000 after buying an additional 350 shares in the last quarter. CYBER HORNET ETFs LLC acquired a new stake in shares of Regency Centers in the second quarter valued at about $31,000. Finally, MUFG Securities EMEA plc purchased a new stake in shares of Regency Centers during the 2nd quarter valued at about $34,000. Institutional investors and hedge funds own 96.07% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on REG shares. LADENBURG THALM/SH SH boosted their price target on Regency Centers from $83.00 to $85.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. Wells Fargo & Company dropped their price objective on shares of Regency Centers from $90.00 to $88.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 19th. Evercore set a $83.00 target price on shares of Regency Centers in a research note on Thursday, July 30th. Jefferies Financial Group raised shares of Regency Centers to a “strong-buy” rating in a report on Friday, June 26th. Finally, UBS Group lifted their price target on shares of Regency Centers from $81.00 to $85.00 and gave the stock a “neutral” rating in a research note on Thursday, July 9th. 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 company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $83.82.

Insider Transactions at Regency Centers

In other Regency Centers news, insider Terah Devereaux sold 1,240 shares of the firm’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $80.14, for a total transaction of $99,373.60. Following the completion of the transaction, the insider directly owned 17,990 shares of the company’s stock, valued at $1,441,718.60. This trade represents a 6.45% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.00% of the stock is owned by corporate insiders.

Regency Centers Price Performance

REG stock opened at $75.26 on Monday. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.71. Regency Centers Corporation has a 52-week low of $66.86 and a 52-week high of $83.66. The stock’s 50 day moving average is $78.72 and its two-hundred day moving average is $78.21. The company has a market capitalization of $13.78 billion, a PE ratio of 25.51, a P/E/G ratio of 4.47 and a beta of 0.79.

Regency Centers (NASDAQ:REG) last announced its earnings results on Wednesday, July 29th. The company reported $1.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.59 by $0.62. The company 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 period in the prior year, the company posted $1.16 EPS. Regency Centers has set its FY 2026 guidance at 4.840-4.880 EPS. Analysts predict that Regency Centers Corporation will post 4.86 earnings per share for the current fiscal year.

Regency Centers Announces Dividend

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

Regency Centers Company 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.