Kapitalo Investimentos Ltda Makes New Investment in Regency Centers Co. (NASDAQ:REG)

Kapitalo Investimentos Ltda purchased a new position in shares of Regency Centers Co. (NASDAQ:REG) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 5,640 shares of the company’s stock, valued at approximately $378,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. CVA Family Office LLC bought a new position in shares of Regency Centers during the 4th quarter worth approximately $27,000. Capital Analysts LLC acquired a new position in shares of Regency Centers during the fourth quarter worth approximately $27,000. Financial Gravity Asset Management Inc. raised its position in shares of Regency Centers by 641.9% during the third quarter. Financial Gravity Asset Management Inc. now owns 460 shares of the company’s stock worth $27,000 after purchasing an additional 398 shares during the period. Principal Securities Inc. acquired a new position in shares of Regency Centers during the fourth quarter worth approximately $106,000. Finally, Signaturefd LLC raised its position in shares of Regency Centers by 11.1% during the fourth quarter. Signaturefd LLC now owns 1,625 shares of the company’s stock worth $109,000 after purchasing an additional 162 shares during the period. 96.07% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on REG shares. Scotiabank lowered their target price on Regency Centers from $68.00 to $65.00 and set a “sector perform” rating on the stock in a research report on Thursday, May 16th. Truist Financial lowered their price target on Regency Centers from $72.00 to $70.00 and set a “buy” rating for the company in a research report on Monday, May 20th. Finally, Mizuho increased their price target on Regency Centers from $60.00 to $61.00 and gave the company a “neutral” rating in a research report on Thursday, May 23rd. Three research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $70.09.

Regency Centers Trading Down 0.4 %

Shares of Regency Centers stock opened at $61.16 on Wednesday. Regency Centers Co. has a 1 year low of $56.29 and a 1 year high of $68.47. The firm has a market cap of $11.30 billion, a PE ratio of 29.83, a P/E/G ratio of 4.49 and a beta of 1.19. The stock has a fifty day moving average price of $59.72 and a 200-day moving average price of $61.63. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.37 and a quick ratio of 1.37.

Regency Centers Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 3rd. Stockholders of record on Wednesday, June 12th will be given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 4.38%. The ex-dividend date of this dividend is Wednesday, June 12th. Regency Centers’s dividend payout ratio is presently 130.73%.

Regency Centers Profile

Regency Centers is a preeminent national owner, operator, and developer of shopping centers located in suburban trade areas with compelling demographics. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers.