What Can We Expect After Regency Centers (REG)’s Upgrade By Citigroup?

September 15, 2018 - By Alfred Lee

Regency Centers Corporation (NYSE:REG) Logo

Investors sentiment increased to 1.4 in Q2 2018. Its up 0.35, from 1.05 in 2018Q1. It improved, as 20 investors sold Regency Centers Corporation shares while 105 reduced holdings. 53 funds opened positions while 122 raised stakes. 151.43 million shares or 1.92% more from 148.58 million shares in 2018Q1 were reported.

Connecticut-based Conning has invested 0.01% in Regency Centers Corporation (NYSE:REG). 10,100 are held by Connor Clark & Lunn Investment Ltd. Toronto Dominion National Bank & Trust owns 95,407 shares or 0.01% of their US portfolio. Somerset Tru stated it has 0.72% of its portfolio in Regency Centers Corporation (NYSE:REG). Raymond James & Assoc holds 0.01% or 114,583 shares. California-based Rbo Com Lc has invested 2.69% in Regency Centers Corporation (NYSE:REG). Telos Capital Mngmt owns 6,449 shares. Franklin holds 248,493 shares or 0.01% of its portfolio. Highbridge Capital Mngmt Ltd Llc invested in 0.1% or 76,500 shares. Bridgewater Limited Partnership has invested 0.01% of its portfolio in Regency Centers Corporation (NYSE:REG). Moreover, Employees Retirement Association Of Colorado has 0.01% invested in Regency Centers Corporation (NYSE:REG) for 29,336 shares. Liberty Mutual Grp Inc Asset Management accumulated 5,891 shares. New Mexico Educational Retirement Board accumulated 14,100 shares or 0.03% of the stock. Honeywell has 60,649 shares. State Of Alaska Department Of Revenue holds 0.1% of its portfolio in Regency Centers Corporation (NYSE:REG) for 90,869 shares.

Since March 19, 2018, it had 0 insider buys, and 5 insider sales for $526,793 activity. BLAIR BRYCE bought $99,993 worth of Regency Centers Corporation (NYSE:REG) on Monday, March 19. ROTH ALAN TODD also sold $149,845 worth of Regency Centers Corporation (NYSE:REG) shares. $137,872 worth of Regency Centers Corporation (NYSE:REG) was sold by WIBBENMEYER NICHOLAS ANDREW. $10,141 worth of Regency Centers Corporation (NYSE:REG) was sold by Johnston Barbara C. The insider RAMEY H CRAIG sold $70,560.

Regency Centers (REG) Stock Upgrade

The rating for shares of Regency Centers (REG) were raised by equity research analysts at Citigroup from a Neutral rating to a Buy rating in a research report released on 14 September.

The stock decreased 1.70% or $1.12 during the last trading session, reaching $64.65. About 1.23M shares traded. Regency Centers Corporation (REG) has risen 2.11% since September 15, 2017 and is uptrending. It has underperformed by 13.51% the S&P500.

Analysts await Regency Centers Corporation (NYSE:REG) to report earnings on November, 7. They expect $0.95 earnings per share, 0.00 % or $0.00 from last year’s $0.95 per share. REG’s profit will be $161.30 million for 17.01 P/E if the $0.95 EPS becomes a reality. After $0.93 actual earnings per share reported by Regency Centers Corporation for the previous quarter, Wall Street now forecasts 2.15 % EPS growth.

Regency Centers Corporation operates as a real estate investment trust. The company has market cap of $10.98 billion. The company, through its subsidiaries, owns, operates, and develops community and neighborhood shopping centers that are tenanted by grocers, category-leading anchors, specialty retailers, and restaurants. It has a 44.93 P/E ratio. As of December 31, 2006, it owned 218 retail shopping centers located in 22 states and held partial interests in 187 retail shopping centers through joint ventures located in 24 states and the District of Columbia.

Another recent and important Regency Centers Corporation (NYSE:REG) news was published by Benzinga.com which published an article titled: “Benzinga’s Top Upgrades, Downgrades For September 14, 2018” on September 14, 2018.

Regency Centers Corporation (NYSE:REG) Institutional Positions Chart

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