Regency Centers Corp (NYSE:REG) Vice Chairman Chaim Katzman sold 204,602 shares of the business’s stock in a transaction dated Thursday, January 11th. The stock was sold at an average price of $64.90, for a total transaction of $13,278,669.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Shares of Regency Centers Corp (REG) opened at $64.06 on Friday. Regency Centers Corp has a 1 year low of $58.63 and a 1 year high of $72.05. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.63 and a quick ratio of 0.63. The firm has a market cap of $10,900.00, a PE ratio of 71.18, a PEG ratio of 2.09 and a beta of 0.58.
Regency Centers (NYSE:REG) last posted its quarterly earnings results on Wednesday, November 1st. The real estate investment trust reported $0.95 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.91 by $0.04. Regency Centers had a net margin of 17.59% and a return on equity of 2.82%. The business had revenue of $262.14 million during the quarter, compared to analyst estimates of $254.04 million. During the same period in the previous year, the business posted $0.81 EPS. equities research analysts forecast that Regency Centers Corp will post 3.69 earnings per share for the current fiscal year.
Several equities research analysts have recently weighed in on the stock. Jefferies Group set a $71.00 target price on shares of Regency Centers and gave the stock a “hold” rating in a research report on Friday. BMO Capital Markets set a $68.00 target price on shares of Regency Centers and gave the stock a “hold” rating in a research report on Thursday. SunTrust Banks reissued a “buy” rating and issued a $74.00 target price on shares of Regency Centers in a research report on Friday, December 1st. Zacks Investment Research downgraded shares of Regency Centers from a “buy” rating to a “hold” rating in a research report on Tuesday, November 28th. Finally, Boenning Scattergood reissued a “hold” rating on shares of Regency Centers in a research report on Monday, November 6th. Seven research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $71.23.
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Regency Centers Company Profile
Regency Centers Corporation is a real estate investment trust (REIT). The Company is the general partner of Regency Centers, L.P. (the Operating Partnership). The Company is engaged in the ownership, management, leasing, acquisition and development of retail shopping centers through the Operating Partnership.
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