Chaim Katzman Sells 17,600 Shares of Regency Centers Corp (REG) Stock

Regency Centers Corp (NYSE:REG) Vice Chairman Chaim Katzman sold 17,600 shares of Regency Centers stock in a transaction on Friday, January 19th. The stock was sold at an average price of $64.06, for a total transaction of $1,127,456.00. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Chaim Katzman also recently made the following trade(s):

  • On Tuesday, January 16th, Chaim Katzman sold 47,230 shares of Regency Centers stock. The shares were sold at an average price of $64.32, for a total transaction of $3,037,833.60.
  • On Thursday, January 11th, Chaim Katzman sold 204,602 shares of Regency Centers stock. The shares were sold at an average price of $64.90, for a total transaction of $13,278,669.80.

Shares of Regency Centers Corp (REG) traded up $0.54 during mid-day trading on Monday, reaching $64.31. 1,159,638 shares of the company’s stock traded hands, compared to its average volume of 938,988. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.53. Regency Centers Corp has a 12-month low of $58.63 and a 12-month high of $72.05. The firm has a market cap of $10,940.00, a price-to-earnings ratio of 71.46, a P/E/G ratio of 2.10 and a beta of 0.58.

Regency Centers (NYSE:REG) last issued its quarterly earnings results on Wednesday, November 1st. The real estate investment trust reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.04. Regency Centers had a net margin of 17.59% and a return on equity of 2.82%. The firm had revenue of $262.14 million for the quarter, compared to analyst estimates of $254.04 million. During the same period in the previous year, the business earned $0.81 EPS. equities analysts expect that Regency Centers Corp will post 3.7 earnings per share for the current fiscal year.

Hedge funds have recently modified their holdings of the business. Principal Financial Group Inc. increased its stake in Regency Centers by 3.9% in the 3rd 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. Schwab Charles Investment Management Inc. increased its stake in Regency Centers by 7.3% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 1,586,197 shares of the real estate investment trust’s stock valued at $98,408,000 after buying an additional 107,561 shares during the last quarter. Advisors Asset Management Inc. increased its stake in Regency Centers by 3,080.1% in the 3rd quarter. Advisors Asset Management Inc. now owns 7,505 shares of the real estate investment trust’s stock valued at $466,000 after buying an additional 7,269 shares during the last quarter. Honeywell International Inc. increased its stake in Regency Centers by 27.8% in the 3rd quarter. Honeywell International Inc. now owns 56,679 shares of the real estate investment trust’s stock valued at $3,516,000 after buying an additional 12,312 shares during the last quarter. Finally, Swiss National Bank increased its stake in Regency Centers by 1.2% in the 3rd quarter. Swiss National Bank now owns 651,279 shares of the real estate investment trust’s stock valued at $40,405,000 after buying an additional 7,700 shares during the last quarter. Hedge funds and other institutional investors own 92.33% of the company’s stock.

Several research firms recently commented on REG. Boenning Scattergood reaffirmed a “hold” rating on shares of Regency Centers in a research report on Tuesday, January 16th. Jefferies Group set a $71.00 price objective on shares of Regency Centers and gave the company a “hold” rating in a research report on Friday, January 12th. BMO Capital Markets set a $68.00 price objective on shares of Regency Centers and gave the company a “hold” rating in a research report on Thursday, January 11th. Zacks Investment Research cut shares of Regency Centers from a “buy” rating to a “hold” rating in a research report on Monday, September 25th. Finally, Robert W. Baird reaffirmed a “buy” rating on shares of Regency Centers in a research report on Friday, November 3rd. Seven investment 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. The company presently has a consensus rating of “Buy” and an average price target of $71.23.

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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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