Regency Centers Corporation (REG) demonstrates significant corporate responsibility and pledges support for environmental efforts and suicide prevention. The company has exceeded despite daily losses and showed impressive results in Q1 and Q2 of 2024 FFO. While high valuations influenced Deutsche Bank to downgrade the company from 'Buy' to 'Hold', there's an overall belief that REG is underperforming in the Real Estate sector. The company is moving forward with large-scale initiatives like the $325 million Senior Unsecured Notes offering, multiple acquisitions including Urstadt Biddle Properties, and continued support for its community through volunteerism and social causes. Regency Centers has been ranked 6th on Americaβs Most Responsible Companies List by Newsweek, underlining its commitment towards CSR. Meanwhile, major shareholders such as Marshall Wace LLP, APG Asset Management, and Bank of Montreal have expanded their positions in Regency. However, companies like Duff & Phelps Investment Management and Lighthouse Investment Partners have sold a significant portion of REG shares.
Regency Centers Corporation REG News Analytics from Thu, 25 Jul 2013 07:00:00 GMT to Fri, 04 Oct 2024 21:17:00 GMT -
Rating 5
- Innovation -1
- Information 8
- Rumor -5