Today’s 13GD Filing: Regency Centers Corp: Jpmorgan Chase & Co Opened Big New Position

Today's 13GD Filing: Regency Centers Corp: Jpmorgan Chase & Co Opened Big New Position

The New Jpmorgan Chase & Co Holding in Regency Centers Corp

Jpmorgan Chase & Co filed with the SEC SC 13G/A form for Regency Centers Corp. The form can be accessed here: 000001961716001220. As reported in Jpmorgan Chase & Co’s form, the filler as of late owns 3.7% or 3,912,459 shares of the Finance–company.

Regency Centers Corp stake is a new one for the for this institutional investor and it was filed because of activity on October 31, 2016. We feel this shows Jpmorgan Chase & Co’s positive view for the stock.

Regency Centers Corp Institutional Sentiment

Latest Security and Exchange filings show 234 investors own Regency Centers Corp. The institutional ownership in Q3 2015 is very high, at 87.75% of the outstanding shares. This is decreased by 14171618 the total institutional shares. 86992062 were the shares owned by these institutional investors. In total 20 funds opened new Regency Centers Corp stakes, 90 increased stakes. There were 31 that closed positions and 84 reduced them.

2 managers had the stock in their top Ten. Notable investors are: .

Security Capital Research & Management Inc is an institutional investor bullish on Regency Centers Corp, owning 529493 shares as of Q3 2015 for 1.08% of its portfolio. Cohen & Steers Inc owns 12545264 shares or 2.36% of its portfolio. M0 Daiwa Securities Group Inc have 2.61% of their stock portfolio for 5897202 shares. Further, Apg Asset Management Us Inc reported stake worth 2.75% of its US stock portfolio. The CT Cornerstone Real Estate Advisers Llc owns 119665 shares. Regency Centers Corp is 4.07% of the manager’s US portfolio.

Business Profile

Regency Centers Corporation is a real estate investment trust (REIT) and the general partner of the Regency Centers, L.P. (Operating Partnership). The Company’s operating, investing and financing activities are performed through the Operating Partnership, its subsidiaries and through its co-investment partnerships. The Company owns direct or partial interests in approximately 320 shopping centers, which are grocery-anchored community and neighborhood centers. The Company’s centers are located in over 30 states and the District of Columbia, and contain approximately 38.0 million square feet of gross leasable area (GLA). The Company’s properties are leased to tenants under operating leases. Its leases for tenant space under approximately 5,000 square feet have terms ranging from three to five years. The Company’s leases over 10,000 square feet have lease terms in excess of five years, which consists of anchor tenants.

SEC Form 13G is required when the filer owns between (5% and 20%) of a company and plans to hold it only as a passive investor. In case the filler intend to exert control and the stake’s exceeds 20%, then 13D Form must be filed. These filings can NOT be a precursor to “change of control” events such as hostile takeovers, company breakups or others.

Insitutional Activity: The institutional sentiment decreased to 1.33 in 2016 Q2. Its down 0.36, from 1.69 in 2016Q1. The ratio worsened, as 20 funds sold all Regency Centers Corp shares owned while 81 reduced positions. 21 funds bought stakes while 113 increased positions. They now own 97.95 million shares or 3.94% less from 101.97 million shares in 2016Q1.

Cubist Systematic Strategies reported 9,252 shares or 0.05% of all its holdings. Glg Ltd Llc owns 5,068 shares or 0.03% of their US portfolio. Manufacturers Life Ins The has invested 0.02% of its portfolio in Regency Centers Corp (NYSE:REG). Eaton Vance Management has 11,500 shares for 0% of their US portfolio. The Massachusetts-based Babson Capital Mngmt Ltd Liability Corporation has invested 0.02% in Regency Centers Corp (NYSE:REG). Ubs Asset Americas accumulated 324,514 shares or 0.03% of the stock. Ww Asset Mngmt accumulated 7,181 shares or 0.02% of the stock. Ls Advisors Lc accumulated 10,582 shares or 0.06% of the stock. Westpac Bk Corporation holds 0% of its portfolio in Regency Centers Corp (NYSE:REG) for 47,062 shares. Blackrock accumulated 0.03% or 257,817 shares. Ladenburg Thalmann Svcs holds 0% or 647 shares in its portfolio. Bluecrest Cap Limited has invested 0.03% of its portfolio in Regency Centers Corp (NYSE:REG). Enterprise Svcs Corporation has 0% invested in the company for 43 shares. Invesco Ltd accumulated 726,229 shares or 0.02% of the stock. Veritable Ltd Partnership reported 8,463 shares or 0.02% of all its holdings.

Insider Transactions: Since May 9, 2016, the stock had 1 insider buy, and 3 sales for $651,283 net activity. CHANDLER – III DAN M. sold $157,940 worth of Regency Centers Corp (NYSE:REG) on Monday, May 9. Shares for $273,000 were sold by THOMPSON JAMES D. on Friday, June 3. ROTH ALAN TODD sold $239,310 worth of stock or 3,000 shares. The insider BLAIR BRYCE bought $99,817. Delatour John S. sold $390,250 worth of Regency Centers Corp (NYSE:REG) on Wednesday, May 11. 3,000 shares were sold by LEAVITT J CHRISTIAN, worth $237,840 on Monday, May 9.

About 428,369 shares traded hands. Regency Centers Corp (NYSE:REG) has declined 5.96% since April 6, 2016 and is downtrending. It has underperformed by 9.10% the S&P500.

Regency Centers Corporation is a real estate investment trust and the general partner of the Regency Centers, L.P. (Operating Partnership). The company has a market cap of $7.42 billion. The Company’s operating, investing and financing activities are performed through the Operating Partnership, its subsidiaries and through its co-investment partnerships. It has a 44.17 P/E ratio. The Firm owns direct or partial interests in approximately 320 shopping centers, which are grocery-anchored community and neighborhood centers.

Regency Centers Corp (NYSE:REG) Ratings Coverage

Out of 15 analysts covering Regency Centers Corporation (NYSE:REG), 5 rate it a “Buy”, 0 “Sell”, while 10 “Hold”. This means 33% are positive. $520 is the highest target while $60 is the lowest. The $113.17 average target is 61.10% above today’s ($70.25) stock price. Regency Centers Corporation has been the topic of 30 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock has “Hold” rating given by Barclays Capital on Sunday, August 16. Argus Research maintained the stock with “Buy” rating in Wednesday, November 25 report. The stock has “Hold” rating given by Zacks on Thursday, September 3. The stock of Regency Centers Corp (NYSE:REG) earned “Outperform” rating by Robert W. Baird on Thursday, January 7. As per Tuesday, September 8, the company rating was maintained by Evercore. The rating was initiated by Boenning & Scattergood on Tuesday, June 28 with “Neutral”. The rating was maintained by Citigroup on Friday, August 12 with “Neutral”. The rating was maintained by RBC Capital Markets with “Top Pick” on Friday, August 5. Barclays Capital maintained Regency Centers Corp (NYSE:REG) on Friday, August 14 with “Equal-Weight” rating. The company was maintained on Wednesday, August 17 by Deutsche Bank.

More notable recent Regency Centers Corp (NYSE:REG) news were published by: Forbes.com which released: “Regency Centers Enters Oversold Territory” on October 27, 2016, also Forbes.com with their article: “Ex-Dividend Reminder: Regency Centers, Assured Guaranty and j2 Global” published on August 11, 2016, Businesswire.com published: “Regency Centers Announces the Acquisition of Market Common Clarendon” on May 16, 2016. More interesting news about Regency Centers Corp (NYSE:REG) were released by: Fool.com and their article: “Better Buy: Realty Income vs. Regency Centers” published on March 28, 2016 as well as Seekingalpha.com‘s news article titled: “Regency Centers’ (REG) CEO Hap Stein on Q3 2016 Results – Earnings Call Transcript” with publication date: November 02, 2016.

According to Zacks Investment Research, “REGENCY REALTY CORP. is a real estate investment trust which is engaged in the management, leasing, acquisition, development and brokerage of real estate properties consisting primarily of shopping centers and suburban office buildings.”

REG Company Profile

Regency Centers Corporation, incorporated on July 8, 1993, is a real estate investment trust (REIT) and the general partner of the Regency Centers, L.P. (Operating Partnership). The Company’s operating, investing and financing activities are performed through the Operating Partnership, its subsidiaries and through its co-investment partnerships. The Firm owns direct or partial interests in approximately 320 shopping centers, which are grocery-anchored community and neighborhood centers. The Company’s centers are located in over 30 states and the District of Columbia, and contain approximately 38.0 million square feet of gross leasable area (GLA). The Company’s properties are leased to tenants under operating leases. The Company’s leases for tenant space under approximately 5,000 square feet have terms ranging from three to five years. The Company’s leases over 10,000 square feet have lease terms in excess of five years, which consists of anchor tenants. Many of the anchor leases contain provisions allowing the tenant the option of extending the term of the lease at expiration. The shopping centers’ tenant base primarily includes national and regional supermarkets, drug stores, discount department stores and other retailers.

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