Gateway Investment Advisers LLC Has $25.83 Million Holdings in Regency Centers Corp (REG)

Gateway Investment Advisers LLC raised its position in Regency Centers Corp (NYSE:REG) by 2.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 373,314 shares of the real estate investment trust’s stock after purchasing an additional 7,844 shares during the period. Gateway Investment Advisers LLC owned 0.22% of Regency Centers worth $25,826,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the business. Parametric Portfolio Associates LLC boosted its holdings in Regency Centers by 15.0% in the 3rd quarter. Parametric Portfolio Associates LLC now owns 282,668 shares of the real estate investment trust’s stock valued at $17,537,000 after purchasing an additional 36,907 shares during the period. Public Employees Retirement System of Ohio boosted its holdings in Regency Centers by 1.2% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 233,034 shares of the real estate investment trust’s stock valued at $14,457,000 after purchasing an additional 2,780 shares during the period. Gyroscope Capital Management Group LLC bought a new position in Regency Centers in the 3rd quarter valued at $308,000. Neuberger Berman Group LLC boosted its holdings in Regency Centers by 9.3% in the 3rd quarter. Neuberger Berman Group LLC now owns 171,057 shares of the real estate investment trust’s stock valued at $10,612,000 after purchasing an additional 14,580 shares during the period. Finally, California Public Employees Retirement System lifted its holdings in shares of Regency Centers by 4.5% during the 3rd quarter. California Public Employees Retirement System now owns 288,491 shares of the real estate investment trust’s stock worth $17,898,000 after acquiring an additional 12,425 shares during the last quarter. 92.41% of the stock is owned by hedge funds and other institutional investors.

A number of research firms have recently issued reports on REG. Boenning Scattergood reaffirmed a “hold” rating on shares of Regency Centers in a report on Tuesday. Jefferies Group set a $71.00 price objective on shares of Regency Centers and gave the stock a “hold” rating in a report on Friday, January 12th. BMO Capital Markets set a $68.00 price objective on shares of Regency Centers and gave the stock a “hold” rating in a report on Thursday, January 11th. 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. Finally, Zacks Investment Research downgraded shares of Regency Centers from a “buy” rating to a “hold” rating in a report on Tuesday, November 28th. Seven equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $71.23.

In related news, Vice Chairman Chaim Katzman sold 47,230 shares of Regency Centers stock in a transaction on Tuesday, January 16th. The shares were sold at an average price of $64.32, for a total value of $3,037,833.60. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Alan Todd Roth sold 2,500 shares of Regency Centers stock in a transaction on Friday, December 15th. The stock was sold at an average price of $69.89, for a total transaction of $174,725.00. Following the completion of the transaction, the director now owns 7,453 shares in the company, valued at approximately $520,890.17. The disclosure for this sale can be found here. In the last quarter, insiders sold 271,315 shares of company stock worth $17,652,035. 12.66% of the stock is owned by corporate insiders.

Regency Centers Corp (NYSE:REG) opened at $64.21 on Thursday. The company has a market cap of $10,829.23, a price-to-earnings ratio of 71.35, a P/E/G ratio of 2.09 and a beta of 0.58. Regency Centers Corp has a 52-week low of $58.63 and a 52-week high of $72.05. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.63 and a quick ratio of 0.63.

Regency Centers (NYSE:REG) last issued its earnings results on Wednesday, November 1st. The real estate investment trust reported $0.95 EPS for the quarter, topping analysts’ consensus estimates 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 net margin of 17.59% and a return on equity of 2.82%. During the same quarter last year, the company earned $0.81 EPS. analysts forecast that Regency Centers Corp will post 3.7 earnings per share for the current year.

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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.

Institutional Ownership by Quarter for Regency Centers (NYSE:REG)

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