Lenox Wealth Management Inc. bought a new stake in Regency Centers Corporation (NYSE:REG) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 9,346 shares of the real estate investment trust’s stock, valued at approximately $585,000.

A number of other institutional investors have also added to or reduced their stakes in the business. Louisiana State Employees Retirement System lifted its holdings in Regency Centers Corporation by 1.1% in the second quarter. Louisiana State Employees Retirement System now owns 9,100 shares of the real estate investment trust’s stock valued at $570,000 after acquiring an additional 100 shares during the period. State of Tennessee Treasury Department lifted its holdings in Regency Centers Corporation by 0.3% in the second quarter. State of Tennessee Treasury Department now owns 40,005 shares of the real estate investment trust’s stock valued at $2,506,000 after acquiring an additional 110 shares during the period. Public Employees Retirement Association of Colorado lifted its holdings in Regency Centers Corporation by 0.3% in the second quarter. Public Employees Retirement Association of Colorado now owns 34,078 shares of the real estate investment trust’s stock valued at $2,135,000 after acquiring an additional 118 shares during the period. Candriam Luxembourg S.C.A. lifted its holdings in Regency Centers Corporation by 0.8% in the second quarter. Candriam Luxembourg S.C.A. now owns 23,414 shares of the real estate investment trust’s stock valued at $1,467,000 after acquiring an additional 185 shares during the period. Finally, Pacer Advisors Inc. lifted its holdings in Regency Centers Corporation by 8.5% in the second quarter. Pacer Advisors Inc. now owns 3,682 shares of the real estate investment trust’s stock valued at $231,000 after acquiring an additional 290 shares during the period. 91.55% of the stock is owned by institutional investors.

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A number of research firms have commented on REG. TheStreet raised Regency Centers Corporation from a “c” rating to a “b-” rating in a report on Thursday, August 3rd. Citigroup Inc. set a $70.00 target price on Regency Centers Corporation and gave the company a “hold” rating in a report on Monday, August 14th. BidaskClub upgraded Regency Centers Corporation from a “hold” rating to a “buy” rating in a research report on Tuesday, August 1st. Boenning Scattergood restated a “hold” rating on shares of Regency Centers Corporation in a research report on Monday, August 7th. Finally, Zacks Investment Research cut Regency Centers Corporation from a “buy” rating to a “hold” rating in a research report on Monday, September 25th. Eight analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $71.54.

In other news, Director Mary Lou Fiala sold 7,775 shares of the company’s stock in a transaction on Wednesday, August 23rd. The stock was sold at an average price of $65.74, for a total transaction of $511,128.50. Following the completion of the sale, the director now directly owns 17,145 shares of the company’s stock, valued at $1,127,112.30. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Vice Chairman Chaim Katzman sold 1,055,758 shares of the company’s stock in a transaction on Monday, September 11th. The shares were sold at an average price of $64.30, for a total value of $67,885,239.40. The disclosure for this sale can be found here. Corporate insiders own 12.66% of the company’s stock.

Regency Centers Corporation (NYSE:REG) traded up 1.18% during mid-day trading on Thursday, reaching $63.61. The company had a trading volume of 151,759 shares. Regency Centers Corporation has a 12 month low of $58.63 and a 12 month high of $75.15. The stock’s 50-day moving average is $63.96 and its 200 day moving average is $63.95. The firm has a market capitalization of $10.80 billion, a P/E ratio of 105.66 and a beta of 0.56.

Regency Centers Corporation (NYSE:REG) last announced its earnings results on Thursday, August 3rd. The real estate investment trust reported $0.93 EPS for the quarter, beating the consensus estimate of $0.90 by $0.03. Regency Centers Corporation had a return on equity of 2.20% and a net margin of 13.19%. The business had revenue of $240.42 million during the quarter, compared to the consensus estimate of $248.50 million. During the same period in the prior year, the business posted $0.81 earnings per share. On average, analysts predict that Regency Centers Corporation will post $0.85 earnings per share for the current fiscal year.

Regency Centers Corporation 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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Institutional Ownership by Quarter for Regency Centers Corporation (NYSE:REG)

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