Great Lakes Advisors has sold 141,316 shares of
Regency Centers Co.; however, the company's shares have seen acquisition from institutions like
BNP Paribas Financial Markets,
Victory Capital Management, and
Dimensional Fund Advisors. Regency surprisingly outperformed competitors on several trading days and witnessed fluctuation in price targets, while
Scotiabank revised it to $65.00. The company reported better FFO and revenues than estimates in Q1 and Q4, impressively ranking 6th on America's Most Responsible. Regency's Q1 earnings were in line with estimates, but the company underperformed compared to competitors on a few occasions. Their
portfolio growth continued, fueled by major acquisitions including the Connecticut asset buyout, Longmeadow Shops in Massachusetts, and Urstadt Biddle Properties. The latter was a landmark $1.4 billion shopping center REIT merger. The company reinforced its executive team and strategy with the promotion of
Michael Mas to Managing Director, the appointment of
Kristin Campbell to the Board of Directors, and a CEO and executive succession plan. Regency Centers also had several retail developments and acquisitions, notably Mellody Farm, a new mixed-use development in Greater Chicagoland.
Regency Centers Corporation REG News Analytics from Thu, 25 Jul 2013 07:00:00 GMT to Sun, 19 May 2024 16:51:11 GMT -
Rating 5
- Innovation 5
- Information 6
- Rumor 0
