Regency Centers Corporation (NYSE:REG) VP James D. Thompson sold 14,983 shares of the business’s stock in a transaction that occurred on Tuesday, December 12th. The shares were sold at an average price of $68.45, for a total value of $1,025,586.35. Following the sale, the vice president now owns 48,976 shares of the company’s stock, valued at approximately $3,352,407.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Regency Centers Corporation (NYSE REG) traded up $0.91 during trading hours on Wednesday, hitting $68.59. The company had a trading volume of 839,900 shares, compared to its average volume of 1,149,892. The stock has a market capitalization of $11,513.08, a PE ratio of 18.59, 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 Corporation has a one year low of $58.63 and a one year high of $72.05.

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

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 29th. Investors of record on Wednesday, November 15th were given a dividend of $0.53 per share. The ex-dividend date of this dividend was Tuesday, November 14th. This represents a $2.12 annualized dividend and a dividend yield of 3.09%. Regency Centers’s payout ratio is 235.56%.

Several large investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its position in shares of Regency Centers by 0.5% during the second quarter. Vanguard Group Inc. now owns 25,977,087 shares of the real estate investment trust’s stock valued at $1,627,206,000 after buying an additional 125,593 shares during the last quarter. Principal Financial Group Inc. boosted its position in shares of Regency Centers by 3.9% during the third quarter. Principal Financial Group Inc. now owns 5,156,883 shares of the real estate investment trust’s stock valued at $319,928,000 after buying an additional 193,020 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of Regency Centers by 15.1% during the second quarter. JPMorgan Chase & Co. now owns 4,274,814 shares of the real estate investment trust’s stock valued at $267,775,000 after buying an additional 560,110 shares during the last quarter. Cbre Clarion Securities LLC boosted its position in Regency Centers by 9.0% in the second quarter. Cbre Clarion Securities LLC now owns 4,059,624 shares of the real estate investment trust’s stock worth $254,295,000 after purchasing an additional 334,961 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in Regency Centers by 2.4% in the third quarter. Dimensional Fund Advisors LP now owns 2,362,134 shares of the real estate investment trust’s stock worth $146,547,000 after purchasing an additional 54,832 shares during the last quarter. 92.49% of the stock is currently owned by institutional investors.

Several equities research analysts have recently commented on REG shares. Zacks Investment Research downgraded Regency Centers from a “buy” rating to a “hold” rating in a report on Wednesday, August 16th. Royal Bank of Canada upgraded Regency Centers from an “outperform” rating to a “top pick” rating and boosted their price objective for the company from $72.00 to $75.00 in a report on Thursday, August 17th. Robert W. Baird restated a “buy” rating and set a $72.00 price objective on shares of Regency Centers in a report on Thursday, August 24th. Argus decreased 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, BMO Capital Markets started coverage on Regency Centers in a report on Monday, September 11th. They set a “market perform” rating and a $65.00 price objective for the company. Eight equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $70.59.

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About Regency Centers

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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