Regency Centers Corp (REG): James D. Thompson , Exec. VP of Operations of Regency Centers Corp sold 3,500 shares on Jun 3, 2016. The Insider selling transaction was reported by the company on Jun 3, 2016 to the Securities and Exchange Commission. The shares were sold at $78.00 per share for a total value of $273,000.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 12, 2016, John S. Delatour (Managing Director) sold 5,000 shares at $78.05 per share price.On May 10, 2016, Alan Todd Roth (other) sold 3,000 shares at $79.77 per share price.Also, On May 10, 2016, J Christian Leavitt (Chief Accounting Officer) sold 3,000 shares at $79.28 per share price.On May 10, 2016, H Craig Ramey (other) sold 4,920 shares at $77.65 per share price.
Regency Centers Corp: On Friday, Jun 3, 2016 heightened volatility was witnessed in Regency Centers Corp which led to swings in the share price. The shares opened for trading at $78.01 and hit $78.82 on the upside , eventually ending the session at $78.22, with a gain of 0.98% or 0.76 points. The heightened volatility saw the trading volume jump to 5,82,143 shares. The 52-week high of the share price is $79.84 and the company has a market cap of $7,635 M . The 52-week low of the share price is at $55.79.
Company has been under the radar of several Street Analysts.Regency Centers Corp is Downgraded by Argus to Hold. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Mar 17, 2016.
Regency Centers Corporation is a real estate investment trust (REIT) and the general partner of the Regency Centers L.P. (operating partnership). The Companys operating investing and financing activities are performed through the Operating Partnership its wholly owned subsidiaries and through its co-investment partnerships. The Companys properties consist primarily of grocery-anchored shopping centers. As of December 31 2014 the Company directly owned 202 Consolidated Properties located in 21 states representing 23.2 million square feet of gross leasable area (GLA). Through co-investment partnerships it owns partial ownership interests in 120 Unconsolidated Properties located in 23 states and the District of Columbia representing 15.0 million square feet of GLA. The shopping centers’ tenant base includes national and regional supermarkets drug stores discount department stores and other retailers.