Robeco Institutional Asset Management B.V. Has $12.39 Million Stock Holdings in Regency Centers Co. (NASDAQ:REG)

Robeco Institutional Asset Management B.V. boosted its stake in Regency Centers Co. (NASDAQ:REG) by 419.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 167,549 shares of the company’s stock after purchasing an additional 135,272 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Regency Centers were worth $12,387,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of REG. Livforsakringsbolaget Skandia Omsesidigt grew its holdings in shares of Regency Centers by 300.0% during the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 800 shares of the company’s stock valued at $58,000 after buying an additional 600 shares during the last quarter. Quest Partners LLC grew its holdings in shares of Regency Centers by 84.8% during the third quarter. Quest Partners LLC now owns 937 shares of the company’s stock valued at $68,000 after buying an additional 430 shares during the last quarter. Brooklyn Investment Group acquired a new position in shares of Regency Centers during the third quarter valued at about $96,000. Quarry LP grew its holdings in shares of Regency Centers by 2,811.4% during the third quarter. Quarry LP now owns 2,300 shares of the company’s stock valued at $166,000 after buying an additional 2,221 shares during the last quarter. Finally, GAMMA Investing LLC grew its holdings in shares of Regency Centers by 33.0% during the third quarter. GAMMA Investing LLC now owns 2,782 shares of the company’s stock valued at $201,000 after buying an additional 691 shares during the last quarter. 96.07% of the stock is currently owned by institutional investors and hedge funds.

Regency Centers Stock Performance

Shares of REG stock opened at $71.84 on Friday. The firm has a market cap of $13.04 billion, a price-to-earnings ratio of 33.73, a P/E/G ratio of 3.69 and a beta of 1.22. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.95 and a current ratio of 0.95. Regency Centers Co. has a 52 week low of $56.51 and a 52 week high of $76.53. The firm’s 50-day simple moving average is $73.09 and its two-hundred day simple moving average is $71.89.

Regency Centers Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Monday, December 16th were given a $0.705 dividend. The ex-dividend date was Monday, December 16th. This represents a $2.82 annualized dividend and a dividend yield of 3.93%. This is a positive change from Regency Centers’s previous quarterly dividend of $0.67. Regency Centers’s payout ratio is 132.39%.

Wall Street Analysts Forecast Growth

REG has been the topic of several analyst reports. Robert W. Baird boosted their price target on shares of Regency Centers from $71.00 to $78.00 and gave the stock an “outperform” rating in a report on Thursday, October 31st. KeyCorp initiated coverage on shares of Regency Centers in a report on Friday, October 25th. They set an “overweight” rating and a $80.00 price target on the stock. BTIG Research boosted their price target on shares of Regency Centers from $72.00 to $79.00 and gave the stock a “buy” rating in a report on Wednesday, November 27th. Mizuho boosted their price target on shares of Regency Centers from $78.00 to $80.00 and gave the stock an “outperform” rating in a report on Wednesday, January 8th. Finally, Evercore ISI cut their price target on shares of Regency Centers from $78.00 to $77.00 and set an “in-line” rating on the stock in a report on Tuesday, December 24th. Three equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $78.08.

Regency Centers Company 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.