Regency Centers Corp (REG) : Sarasin Partners Llp scooped up 2,171 additional shares in Regency Centers Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 14, 2016. The investment management firm now holds a total of 111,322 shares of Regency Centers Corp which is valued at $8,287,923.Regency Centers Corp makes up approximately 0.13% of Sarasin Partners Llp’s portfolio.
Other Hedge Funds, Including , Duff Phelps Investment Management Co boosted its stake in REG in the latest quarter, The investment management firm added 140,808 additional shares and now holds a total of 889,683 shares of Regency Centers Corp which is valued at $66,236,899. Regency Centers Corp makes up approx 0.96% of Duff Phelps Investment Management Co’s portfolio.Msi Financial Services Inc reduced its stake in REG by selling 66 shares or 72.53% in the most recent quarter. The Hedge Fund company now holds 25 shares of REG which is valued at $1,866.British Columbia Investment Management Corp reduced its stake in REG by selling 24,501 shares or 33.43% in the most recent quarter. The Hedge Fund company now holds 48,786 shares of REG which is valued at $3,600,407. Regency Centers Corp makes up approx 0.04% of British Columbia Investment Management Corp’s portfolio.Weaver C. Barksdale Associates boosted its stake in REG in the latest quarter, The investment management firm added 5 additional shares and now holds a total of 42 shares of Regency Centers Corp which is valued at $3,100. Regency Centers Corp makes up approx 0.01% of Weaver C. Barksdale Associates’s portfolio.Bnp Paribas Arbitrage Sa reduced its stake in REG by selling 36,309 shares or 60.84% in the most recent quarter. The Hedge Fund company now holds 23,368 shares of REG which is valued at $1,715,211. Regency Centers Corp makes up approx 0.01% of Bnp Paribas Arbitrage Sa’s portfolio.
Regency Centers Corp closed down -0.19 points or -0.25% at $74.45 with 3,00,575 shares getting traded on Friday. Post opening the session at $74.59, the shares hit an intraday low of $73.94 and an intraday high of $75.055 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, Regency Centers Corp reported $0.81 EPS for the quarter, based on the information available during the earnings call on Aug 2, 2016. Analyst had a consensus estimate of $0.81.Analysts expectations of $ 146.21.During the same quarter in the previous year, the company posted $0.75 EPS.
Many Wall Street Analysts have commented on Regency Centers Corp. Company shares were Reiterated by RBC Capital Mkts on Aug 5, 2016 to “Top Pick”, Firm has raised the Price Target to $ 91 from a previous price target of $82 .
Regency Centers Corporation is a real estate investment trust (REIT) and the general partner of the Regency Centers L.P. (operating partnership). The Companys operating investing and financing activities are performed through the Operating Partnership its wholly owned subsidiaries and through its co-investment partnerships. The Companys properties consist primarily of grocery-anchored shopping centers. As of December 31 2014 the Company directly owned 202 Consolidated Properties located in 21 states representing 23.2 million square feet of gross leasable area (GLA). Through co-investment partnerships it owns partial ownership interests in 120 Unconsolidated Properties located in 23 states and the District of Columbia representing 15.0 million square feet of GLA. The shopping centers’ tenant base includes national and regional supermarkets drug stores discount department stores and other retailers.