Lasalle Investment Management Securities Llc Increased Regency Centers Corp (NYSE:REG) Stake by $54.99 Million

August 13, 2018 - By Michael Garrison

Regency Centers Corporation (NYSE:REG) LogoInvestors sentiment decreased to 1.05 in 2018 Q1. Its down 0.05, from 1.1 in 2017Q4. It dropped, as 34 investors sold REG shares while 105 reduced holdings. 35 funds opened positions while 111 raised stakes. 148.58 million shares or 2.27% less from 152.03 million shares in 2017Q4 were reported. Arizona State Retirement holds 74,337 shares. State Of Tennessee Treasury Department holds 192,496 shares. Landscape Cap Management Limited Liability Company invested in 0.39% or 91,900 shares. New Mexico Educational Retirement Board owns 14,100 shares. Millennium Mgmt Limited Liability Co holds 0.09% or 1.13M shares. Fincl Bank Of New York Mellon Corp has invested 0.03% in Regency Centers Corporation (NYSE:REG). Bb&T Securities Ltd Co holds 0% of its portfolio in Regency Centers Corporation (NYSE:REG) for 3,657 shares. Oppenheimer Asset accumulated 4,707 shares. Lpl Fin Llc has 6,494 shares for 0% of their portfolio. Moreover, State Treasurer State Of Michigan has 0.02% invested in Regency Centers Corporation (NYSE:REG). Bokf Na accumulated 6,901 shares. Virginia Retirement System Et Al has invested 0.43% in Regency Centers Corporation (NYSE:REG). Sentry Corp invested in 15,700 shares. Bnp Paribas Arbitrage invested 0% of its portfolio in Regency Centers Corporation (NYSE:REG). Ubs Oconnor Ltd Com owns 57,600 shares or 0% of their US portfolio.

Since February 15, 2018, it had 2 insider buys, and 5 selling transactions for $101.64 million activity. On Thursday, May 17 the insider Johnston Barbara C sold $10,141. RAMEY H CRAIG also sold $82,754 worth of Regency Centers Corporation (NYSE:REG) shares. $101.26 million worth of stock was sold by KATZMAN CHAIM on Thursday, February 15. SCHWEITZER JOHN C sold $416,457 worth of stock.

Lasalle Investment Management Securities Llc increased its stake in Regency Centers Corp (NYSE:REG) by 42.47% based on its latest 2018Q2 regulatory filing with the SEC. Lasalle Investment Management Securities Llc bought 886,921 shares as the company’s stock declined 2.58% with the market. The institutional investor held 2.98M shares of the real estate investment trusts company at the end of 2018Q2, valued at $184.69M, up from 2.09 million at the end of the previous reported quarter. Lasalle Investment Management Securities Llc who had been investing in Regency Centers Corp for a number of months, seems to be bullish on the $10.74 billion market cap company. The stock decreased 0.11% or $0.07 during the last trading session, reaching $63.25. About 928,542 shares traded. Regency Centers Corporation (NYSE:REG) has declined 7.49% since August 13, 2017 and is downtrending. It has underperformed by 20.06% the S&P500.

Lasalle Investment Management Securities Llc, which manages about $4.86B US Long portfolio, decreased its stake in Duke Realty Corp (NYSE:DRE) by 425,849 shares to 3.65M shares, valued at $105.98 million in 2018Q2, according to the filing. It also reduced its holding in Paramount Group Inc () by 5.22 million shares in the quarter, leaving it with 77,559 shares, and cut its stake in Vornado Realty Trust (NYSE:VNO).

Regency Centers Corporation (NYSE:REG) Ratings Coverage

Among 8 analysts covering Regency Centers (NYSE:REG), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Regency Centers had 10 analyst reports since February 27, 2018 according to SRatingsIntel. Boenning & Scattergood maintained the stock with “Hold” rating in Wednesday, May 2 report. On Friday, August 10 the stock rating was maintained by Wells Fargo with “Outperform”. The stock has “Hold” rating by Jefferies on Friday, April 13. The firm has “Hold” rating given on Monday, March 19 by Deutsche Bank. The stock of Regency Centers Corporation (NYSE:REG) earned “Buy” rating by Robert W. Baird on Tuesday, March 20. The stock of Regency Centers Corporation (NYSE:REG) earned “Buy” rating by SunTrust on Friday, March 2. The rating was maintained by RBC Capital Markets with “Buy” on Thursday, March 8. Jefferies maintained Regency Centers Corporation (NYSE:REG) rating on Tuesday, February 27. Jefferies has “Hold” rating and $64.0 target. As per Friday, March 2, the company rating was maintained by Wells Fargo.

Regency Centers is the preeminent national owner, operator, and developer of shopping centers located in affluent and densely populated trade areas. The company has market cap of $10.74 billion. 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. It has a 43.95 P/E ratio.

More news for Regency Centers Corporation (NYSE:REG) were recently published by: Seekingalpha.com, which released: “GAZIT GLOBE (GZT): A Quality Global Shopping Center REIT That Is Reasonably Priced” on July 17, 2018. Businesswire.com‘s article titled: “Regency Centers Reports Second Quarter 2018 Results” and published on August 02, 2018 is yet another important article.

Regency Centers Corporation (NYSE:REG) Institutional Positions Chart

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