Regency Centers Corporation (NYSE:REG) is expected to pay $0.50 on Nov 30, 2016. The indicated annual dividend is $2.00. Shareholders owning the stock before Nov 14, 2016 will be eligible to receive the payout. Based on Regency Centers Corporation’s current price of $68.64, the dividend is 0.73%. This dividend’s record date is Nov 16, 2016 and the announcement date is Nov 2, 2016. The stock increased 0.70% or $0.48 on November 11, hitting $68.64. About 780,440 shares traded hands or 39.60% up from the average. Regency Centers Corp (NYSE:REG) has declined 8.58% since April 12, 2016 and is downtrending. It has underperformed by 13.56% 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 $7.22 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 63.89 P/E ratio. The Firm owns direct or partial interests in approximately 320 shopping centers, which are grocery-anchored community and neighborhood centers.
Insitutional Activity: The institutional sentiment decreased to 1.33 in 2016 Q2. Its down 0.36, from 1.69 in 2016Q1. The ratio dived, 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.
Comerica Fincl Bank owns 70,891 shares or 0.05% of their US portfolio. Lasalle Mngmt Secs Ltd holds 0.06% or 80,165 shares in its portfolio. Bnp Paribas Arbitrage holds 0.02% of its portfolio in Regency Centers Corp (NYSE:REG) for 59,677 shares. Retirement Of Alabama has 0.06% invested in the company for 125,914 shares. Eaton Vance Management last reported 11,500 shares in the company. Hsbc Public Ltd last reported 370,866 shares in the company. The Maine-based Schroder Investment Management Gru has invested 0% in Regency Centers Corp (NYSE:REG). Bluecrest Management has 7,713 shares for 0.03% of their US portfolio. Mizuho Bk Limited last reported 0.04% of its portfolio in the stock. Tiaa Cref Invest Limited Liability Corporation has 564,205 shares for 0.04% of their US portfolio. Dimensional Fund Lp, a Texas-based fund reported 1.25 million shares. Blackrock Grp Limited last reported 0.05% of its portfolio in the stock. Kanaly Trust reported 67 shares or 0% of all its holdings. Amp has invested 0.04% of its portfolio in Regency Centers Corp (NYSE:REG). Eii Inc accumulated 0.17% or 22,000 shares.
Insider Transactions: Since June 3, 2016, the stock had 1 buy, and 3 sales for $651,283 net activity. On Thursday, June 9 the insider THOMPSON JAMES D. sold $319,000. BLAIR BRYCE also bought $99,817 worth of Regency Centers Corp (NYSE:REG) shares. $159,100 worth of shares were sold by CHANDLER – III DAN M. on Monday, June 13.
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 64.87% above today’s ($68.64) stock price. Regency Centers Corporation has been the topic of 30 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock has “Top Pick” rating given by RBC Capital Markets on Friday, August 5. On Friday, August 14 the stock rating was maintained by Barclays Capital with “Equal-Weight”. The stock of Regency Centers Corp (NYSE:REG) earned “Equalweight” rating by Barclays Capital on Tuesday, July 19. The stock of Regency Centers Corp (NYSE:REG) earned “Hold” rating by Zacks on Friday, August 14. The stock of Regency Centers Corp (NYSE:REG) has “Outperform” rating given on Thursday, January 7 by Robert W. Baird. RBC Capital Markets maintained the shares of REG in a report on Thursday, November 5 with “Outperform” rating. The stock of Regency Centers Corp (NYSE:REG) has “Neutral” rating given on Thursday, August 20 by Credit Suisse. On Sunday, August 16 the stock rating was maintained by Barclays Capital with “Hold”. The firm has “Hold” rating by Evercore given on Tuesday, September 8. The firm has “Buy” rating by Roth Capital given on Friday, April 1.
More important recent Regency Centers Corp (NYSE:REG) news were published by: Forbes.com which released: “Regency Centers Enters Oversold Territory” on October 27, 2016, also Businesswire.com published article titled: “Regency Centers Announces the Acquisition of Market Common Clarendon”, Forbes.com published: “Ex-Dividend Reminder: Duke Realty, Regency Centers and Assured Guaranty” on November 10, 2016. More interesting news about Regency Centers Corp (NYSE:REG) was released by: Fool.com and their article: “Better Buy: Realty Income vs. Regency Centers” with publication date: March 28, 2016.
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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