Regency Centers Corporation (NYSE:REG) Stake Lifted by Macquarie Group Ltd.

Macquarie Group Ltd. grew its holdings in shares of Regency Centers Corporation (NYSE:REG) by 34.6% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 533,424 shares of the real estate investment trust’s stock after buying an additional 137,221 shares during the period. Macquarie Group Ltd. owned 0.31% of Regency Centers Corporation worth $33,418,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. BlackRock Inc. raised its stake in Regency Centers Corporation by 4,387.0% during the 1st quarter. BlackRock Inc. now owns 14,817,817 shares of the real estate investment trust’s stock valued at $983,755,000 after acquiring an additional 14,487,580 shares during the last quarter. State Street Corp raised its stake in Regency Centers Corporation by 61.9% during the 1st quarter. State Street Corp now owns 8,575,865 shares of the real estate investment trust’s stock valued at $569,344,000 after acquiring an additional 3,280,070 shares during the last quarter. Daiwa Securities Group Inc. raised its stake in Regency Centers Corporation by 109.7% during the 2nd quarter. Daiwa Securities Group Inc. now owns 5,350,352 shares of the real estate investment trust’s stock valued at $335,146,000 after acquiring an additional 2,799,040 shares during the last quarter. FMR LLC raised its stake in Regency Centers Corporation by 3,011.1% during the 2nd quarter. FMR LLC now owns 1,541,911 shares of the real estate investment trust’s stock valued at $96,585,000 after acquiring an additional 1,492,349 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in Regency Centers Corporation by 62.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,207,747 shares of the real estate investment trust’s stock valued at $146,572,000 after acquiring an additional 850,243 shares during the last quarter. 91.47% of the stock is owned by institutional investors.

Shares of Regency Centers Corporation (NYSE REG) traded down 0.31% on Wednesday, hitting $64.86. The company had a trading volume of 33,243 shares. Regency Centers Corporation has a 12-month low of $58.63 and a 12-month high of $75.15. The company has a market cap of $11.01 billion, a price-to-earnings ratio of 107.74 and a beta of 0.56. The company has a 50 day moving average of $63.52 and a 200-day moving average of $63.77.

Regency Centers Corporation (NYSE:REG) last released its earnings results on Thursday, August 3rd. The real estate investment trust reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.90 by $0.03. The business had revenue of $240.42 million during the quarter, compared to the consensus estimate 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 firm earned $0.81 earnings per share. On average, analysts forecast that Regency Centers Corporation will post $0.85 earnings per share for the current year.

In other Regency Centers Corporation news, Director Mary Lou Fiala sold 7,775 shares of the stock in a transaction on Wednesday, August 23rd. The shares were sold at an average price of $65.74, for a total value of $511,128.50. Following the completion of the sale, the director now owns 17,145 shares in the company, valued at $1,127,112.30. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Vice Chairman Chaim Katzman sold 1,055,758 shares of the stock in a transaction on Monday, September 11th. The shares were sold at an average price of $64.30, for a total transaction of $67,885,239.40. The disclosure for this sale can be found here. Company insiders own 12.66% of the company’s stock.

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REG has been the topic of several recent analyst reports. TheStreet upgraded Regency Centers Corporation from a “c” rating to a “b-” rating in a research report on Thursday, August 3rd. Citigroup Inc. set a $70.00 target price on Regency Centers Corporation and gave the stock a “hold” rating in a research report on Monday, August 14th. Boenning Scattergood reiterated a “hold” rating on shares of Regency Centers Corporation in a research report on Monday, August 7th. BidaskClub upgraded Regency Centers Corporation from a “hold” rating to a “buy” rating in a report on Tuesday, August 1st. Finally, Zacks Investment Research cut Regency Centers Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, August 16th. Seven analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. Regency Centers Corporation currently has an average rating of “Buy” and an average target price of $71.46.

About Regency Centers Corporation

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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