Regency Centers Corp (REG): John S. Delatour , Managing Director of Regency Centers Corp sold 5,000 shares on May 11, 2016. The Insider selling transaction was reported by the company on May 12, 2016 to the Securities and Exchange Commission. The shares were sold at $78.05 per share for a total value of $390,250.00 , 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 10, 2016, Alan Todd Roth (other) sold 3,000 shares at $79.77 per share price.On May 10, 2016, J Christian Leavitt (Chief Accounting Officer) sold 3,000 shares at $79.28 per share price.Also, On May 10, 2016, H Craig Ramey (other) sold 4,920 shares at $77.65 per share price.On May 10, 2016, Iii Dan M. Chandler, (Executive VP of Development) sold 2,000 shares at $78.97 per share price.
Shares of Regency Centers Corp (REG) ended Tuesday, May 10, 2016 session in red amid volatile trading. The shares closed down -0.21 points or -0.26% at $79.14 with 5,00,453 shares getting traded. Post opening the session at $79.64, the shares hit an intraday low of $78.81 and an intraday high of $79.84 and the price vacillated in this range throughout the day. The company has a market cap of $7,725 M and the number of outstanding shares has been calculated to be 9,76,11,143 shares. The 52-week high of Regency Centers Corp is $79.84 and the 52-week low is $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 Corp is Reiterated by Barclays to Equal Weight and the brokerage firm has raised the Price Target to $ 68 from a previous price target of $63 .The Rating was issued on Feb 29, 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.