Monashee Investment Management adds Regency Centers Corp (REG) to its portfolio

Regency Centers Corp (REG) : Monashee Investment Management added new position in Regency Centers Corp during the most recent quarter end. The investment management firm now holds 80,000 shares of Regency Centers Corp which is valued at $6.2 Million , the company said in a statement filed on May 13, 2016 with the SEC.Regency Centers Corp makes up approximately 10.83% of Monashee Investment Management’s portfolio.

Other Hedge Funds, Including , Dekabank Deutsche Girozentrale boosted its stake in REG in the latest quarter, The investment management firm added 1,200 additional shares and now holds a total of 2,412 shares of Regency Centers Corp which is valued at $187,388.New Mexico Educational Retirement Board reduced its stake in REG by selling 6,400 shares or 32.66% in the most recent quarter. The Hedge Fund company now holds 13,195 shares of REG which is valued at $1 Million. Regency Centers Corp makes up approx 0.05% of New Mexico Educational Retirement Board’s portfolio. Menta Capital added REG to its portfolio by purchasing 29,200 company shares during the most recent quarter which is valued at $2.3 Million. Regency Centers Corp makes up approx 0.31% of Menta Capital’s portfolio.Blackrock Fund Advisors boosted its stake in REG in the latest quarter, The investment management firm added 65,551 additional shares and now holds a total of 4,616,287 shares of Regency Centers Corp which is valued at $358.6 Million. Regency Centers Corp makes up approx 0.08% of Blackrock Fund Advisors’s portfolio.Great West Life Assurance Co Can boosted its stake in REG in the latest quarter, The investment management firm added 2,454 additional shares and now holds a total of 39,412 shares of Regency Centers Corp which is valued at $2.9 Million. Regency Centers Corp makes up approx 0.01% of Great West Life Assurance Co Can’s portfolio.

Regency Centers Corp closed down -0.56 points or -0.73% at $76.33 with 6,09,232 shares getting traded on Wednesday. Post opening the session at $76.79, the shares hit an intraday low of $75.95 and an intraday high of $77.24 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

On the company’s financial health, Regency Centers Corp reported $0.86 EPS for the quarter, beating the analyst consensus estimate by $ 0.07 according to the earnings call on May 3, 2016. Analyst had a consensus of $0.79.Analysts expectations of $ 141.30.During the same quarter in the previous year, the company posted $0.74 EPS.

Many Wall Street Analysts have commented on Regency Centers Corp. Regency Centers Corp was Downgraded by Argus to ” Hold” on Mar 17, 2016. Company shares were Reiterated by Barclays on Feb 29, 2016 to “Equal Weight”, Firm has raised the Price Target to $ 68 from a previous price target of $63 .

Regency Centers Corporation is a real estate investment trust (REIT) and the general partner of the Regency Centers L.P. (operating partnership). The Company’s operating investing and financing activities are performed through the Operating Partnership its wholly owned subsidiaries and through its co-investment partnerships. The Company’s 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.

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