Regency Centers Corporation (NYSE:REG) CAO J Christian Leavitt sold 2,000 shares of Regency Centers stock in a transaction on Friday, December 8th. The stock was sold at an average price of $67.61, for a total value of $135,220.00. Following the transaction, the chief accounting officer now directly owns 14,314 shares of the company’s stock, valued at $967,769.54. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Regency Centers Corporation (NYSE:REG) traded up $0.13 during midday trading on Monday, hitting $67.58. The stock had a trading volume of 638,900 shares, compared to its average volume of 1,153,507. Regency Centers Corporation has a 12 month low of $58.63 and a 12 month high of $72.05. The firm has a market capitalization of $11,496.07, a PE ratio of 18.57, a price-to-earnings-growth ratio of 2.28 and a beta of 0.58. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.63 and a current ratio of 0.63.

Regency Centers (NYSE:REG) last released its quarterly earnings results on Wednesday, November 1st. The real estate investment trust reported $0.95 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.91 by $0.04. Regency Centers had a return on equity of 2.82% and a net margin of 17.59%. The company had revenue of $262.14 million during the quarter, compared to analysts’ expectations of $254.04 million. During the same period in the previous year, the firm posted $0.81 earnings per share. analysts forecast that Regency Centers Corporation will post 3.68 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 29th. Stockholders of record on Wednesday, November 15th were issued a $0.53 dividend. The ex-dividend date of this dividend was Tuesday, November 14th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 3.14%. Regency Centers’s dividend payout ratio (DPR) is 235.56%.

Several equities analysts recently issued reports on the company. Robert W. Baird reaffirmed a “buy” rating and set a $72.00 price objective on shares of Regency Centers in a report on Thursday, August 24th. Zacks Investment Research cut Regency Centers from a “buy” rating to a “hold” rating in a report on Wednesday, August 16th. SunTrust Banks reaffirmed a “buy” rating and set a $74.00 price objective on shares of Regency Centers in a report on Friday, December 1st. Argus reduced their price objective on Regency Centers from $80.00 to $75.00 and set a “buy” rating for the company in a report on Thursday, August 31st. Finally, Jefferies Group cut Regency Centers from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $74.00 to $67.00 in a report on Friday, September 15th. Eight equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $70.59.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in REG. IHT Wealth Management LLC purchased a new stake in shares of Regency Centers in the second quarter valued at $124,000. Perigon Wealth Management LLC grew its position in shares of Regency Centers by 93.2% in the second quarter. Perigon Wealth Management LLC now owns 2,125 shares of the real estate investment trust’s stock valued at $133,000 after purchasing an additional 1,025 shares during the period. Global X Management Co. LLC purchased a new stake in shares of Regency Centers in the second quarter valued at $179,000. Advisor Group Inc. grew its position in shares of Regency Centers by 15.6% in the second quarter. Advisor Group Inc. now owns 2,999 shares of the real estate investment trust’s stock valued at $188,000 after purchasing an additional 404 shares during the period. Finally, Riverhead Capital Management LLC grew its position in shares of Regency Centers by 342.9% in the second quarter. Riverhead Capital Management LLC now owns 3,100 shares of the real estate investment trust’s stock valued at $194,000 after purchasing an additional 2,400 shares during the period. 92.49% of the stock is owned by institutional investors.

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Regency Centers Company Profile

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.

Insider Buying and Selling by Quarter for Regency Centers (NYSE:REG)

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