Regency Centers
About: Regency Centers is one of the largest shopping center-focused retail REITs. The company's portfolio includes an interest in 483 properties, which includes over 57 million square feet of retail space following the completion of the Urstadt Biddle acquisition in August 2023. The portfolio is geographically diversified with 22 regional offices and no single market representing more than 12% of total company net operating income. Regency's retail portfolio is primarily composed of grocery-anchored centers, with 80% of properties featuring a grocery anchor and grocery stores representing 20% of annual base rent.
Employees: 500
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
266% more call options, than puts
Call options by funds: $5.98M | Put options by funds: $1.63M
100% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 4 (+2) [Q4]
14% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 65
12% more repeat investments, than reductions
Existing positions increased: 183 | Existing positions reduced: 164
9% more capital invested
Capital invested by funds: $12.4B [Q3] → $13.5B (+$1.16B) [Q4]
6.56% more ownership
Funds ownership: 94.35% [Q3] → 100.91% (+6.56%) [Q4]
1% more funds holding
Funds holding: 476 [Q3] → 481 (+5) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Wells Fargo Dori Kesten 41% 1-year accuracy 13 / 32 met price target | 13%upside $80 | Overweight Maintained | 29 Jan 2025 |
Mizuho Haendel St. Juste 63% 1-year accuracy 10 / 16 met price target | 13%upside $80 | Outperform Maintained | 8 Jan 2025 |
Evercore ISI Group Steve Sakwa 46% 1-year accuracy 23 / 50 met price target | 8%upside $77 | In-Line Maintained | 24 Dec 2024 |
Financial journalist opinion
Based on 10 articles about REG published over the past 30 days
