Regency Centers Corporation (REG) : During the past 4 weeks, traders have been relatively bearish on Regency Centers Corporation (REG), hence the stock is down -2.09% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.72% relative to the S&P 500. The 4-week change in the price of the stock is -1.08% and the stock has fallen -2.67% in the past 1 week.
The stock has recorded a 20-day Moving Average of 2.52% and the 50-Day Moving Average is 1.01%. Regency Centers Corporation (NYSE:REG): On Fridays trading session , Opening price of the stock was $81.18 with an intraday high of $81.86. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $80.33. However, the stock managed to close at $80.6, a loss of 0.60% for the day. On the previous day, the stock had closed at $81.09. The total traded volume of the day was 676,775 shares.
The company Insiders own 1.8% of Regency Centers Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -11.88% . Institutional Investors own 98.99% of Regency Centers Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -15.03%. Also, In the latest statement by the brokerage house, Citigroup maintains its outlook on Regency Centers Corporation (NYSE:REG). The current rating of the shares is Neutral, according to the research report released by the firm. The brokerage firm raises the price target from $76 per share to $81 per share. The rating by the firm was issued on August 12, 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.