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Regency Centers Corporation REG - News Analyzed: 3,080 - Last Week: 63 - Last Month: 295

↑ Regency Centers Corporation (REG): A Channel of Diversified Market Performance, Significant Acquisitions and Executive Changes

Regency Centers Corporation (REG): A Channel of Diversified Market Performance, Significant Acquisitions and Executive Changes

Regency Centers Corporation (REG) has been showing diverse market performance. While underperforming some days when compared to competitors, it has seen strong trading with stocks repeatedly outperforming rivals in spite of daily losses. The NASDAQ:REG stock was subject to varied actions by several institutional investors including Goldman Sachs Group, PNC Financial Services Group, Centersquare Investment Management LLC, and UBS Group AG which have acquired significant shares. Conversely, Sei Investments Co., Capital World Investors and others reduced their holdings.

Regency Centers were able to meet Q4 FFO estimates and saw Y/Y revenue increase. They also received a MAXI Global award twice at ICSC Las Vegas. Notably, the corporation's stocks have broken above the 200-day moving average creating a bullish outlook. Moreover, their involvement in charitable work in Jacksonville, Florida strengthens its corporate responsibility stance.

In a major bilateral move, Regency Centers has acquired Urstadt Biddle Properties in an all-stock transaction while announcing several successful property acquisitions and redevelopments across the United States, including a mixed-use project in Harvard Square. However, some concerns were raised about its Return on Equity (ROE) which came in weaker than the Industry Standard.

Regency has also seen changes in the management, with the retirement of COO Jim Thompson and appointment of Michael Mas as managing director.

Regency Centers Corporation REG News Analytics from Tue, 04 Jun 2013 07:00:00 GMT to Sat, 15 Jun 2024 06:27:03 GMT - Rating 6 - Innovation 5 - Information 7 - Rumor 5

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