Manulife Financial Co. (TSE:MFC) Receives Average Recommendation of “Hold” from Analysts

Manulife Financial Co. (TSE:MFC) Receives Average Recommendation of “Hold” from Analysts

Manulife Economic Co. (TSE:MFC – Get Rating) (NYSE:MFC) has been assigned an common ranking of “Keep” from the eleven analysis companies that are currently covering the stock, MarketBeat Ratings experiences. Five analysis analysts have rated the inventory with a maintain score, one particular has issued a purchase rating and just one has provided a strong invest in ranking to the business. The common 12-month goal price amongst analysts that have issued a report on the stock in the very last 12 months is C$26.17.

Several equities investigate analysts have just lately issued reports on MFC shares. Evercore ISI diminished their price concentrate on on shares of Manulife Financial to C$24.00 and set a “hold” ranking for the corporation in a analysis take note on Monday, Oct 31st. Canaccord Genuity Group lifted their selling price objective on shares of Manulife Economical from C$23.50 to C$24.50 in a report on Friday, November 11th. Barclays decreased their selling price focus on on shares of Manulife Economic from C$29.00 to C$28.00 in a study observe on Friday, November 11th. Last but not least, National Bankshares decreased their value aim on shares of Manulife Economic from C$25.00 to C$24.00 in a study take note on Friday, Oct 28th.

Manulife Economical Trading Up .2 {21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}

MFC opened at C$23.97 on Monday. The organization has a financial debt-to-equity ratio of 44.70, a present ratio of 7.04 and a speedy ratio of 2.58. Manulife Economic has a fifty-two 7 days very low of C$20.81 and a fifty-two 7 days significant of C$28.09. The business has a marketplace capitalization of C$44.94 billion and a PE ratio of 6.39. The firm’s 50-working day relocating regular is C$23.07 and its 200 day relocating common is C$22.87.

Manulife Monetary Announces Dividend

The agency also not too long ago declared a quarterly dividend, which will be paid out on Monday, December 19th. Stockholders of document on Tuesday, November 22nd will be issued a $.33 dividend. The ex-dividend day of this dividend is Monday, November 21st. This signifies a $1.32 annualized dividend and a dividend yield of 5.51{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. Manulife Financial’s dividend payout ratio is at present 35.20{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

Insider Transactions at Manulife Economical

In other Manulife Fiscal information, Director Simonetta Vendittelli bought 3,090 shares of the business’s stock in a transaction that transpired on Tuesday, November 15th. The shares were being marketed at an common value of C$23.58, for a whole transaction of C$72,867.86. Following the sale, the director now owns 1,079 shares of the company’s inventory, valued at somewhere around C$25,444.80. In connected news, Senior Officer Steve Finch marketed 13,926 shares of the business’s stock in a transaction on Monday, November 14th. The shares have been bought at an average price tag of C$23.43, for a whole price of C$326,340.49. Subsequent the completion of the transaction, the insider now instantly owns 17,618 shares in the organization, valued at around C$412,858.45. Also, Director Simonetta Vendittelli sold 3,090 shares of the company’s stock in a transaction on Tuesday, November 15th. The stock was sold at an normal selling price of C$23.58, for a complete transaction of C$72,867.86. Subsequent the transaction, the director now owns 1,079 shares of the company’s inventory, valued at C$25,444.80.

About Manulife Financial

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Manulife Money Company, jointly with its subsidiaries, delivers economical solutions and products and services in Asia, Canada, the United States, and internationally. The company operates by means of Prosperity and Asset Administration Firms Insurance and Annuity Goods And Corporate and Other segments. The Prosperity and Asset Management Businesses section gives mutual money and exchange-traded money, group retirement and savings items, and institutional asset administration providers through agents and brokers affiliated with the organization, securities brokerage companies, and economic advisors pension prepare consultants and banking institutions.

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Analyst Recommendations for Manulife Financial (TSE:MFC)

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Right before you think about Manulife Economic, you will want to listen to this.

MarketBeat retains observe of Wall Street’s major-rated and best doing exploration analysts and the stocks they advise to their clientele on a each day foundation. MarketBeat has identified the 5 stocks that prime analysts are quietly whispering to their clientele to acquire now in advance of the broader current market catches on… and Manulife Financial wasn’t on the checklist.

Though Manulife Economical now has a “Maintain” score among analysts, best-rated analysts imagine these five stocks are greater purchases.

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(Almost) Everything You Need To Know About The EV Market Cover

KeyCorp Research Analysts Decrease Earnings Estimates for LTC Properties, Inc. (NYSE:LTC)

KeyCorp Research Analysts Decrease Earnings Estimates for LTC Properties, Inc. (NYSE:LTC)

LTC Qualities, Inc. (NYSE:LTC – Get Rating) – Equities research analysts at KeyCorp slash their FY2023 earnings for each share estimates for shares of LTC Qualities in a report unveiled on Wednesday, December 14th. KeyCorp analyst A. Wurschmidt now anticipates that the genuine estate investment decision rely on will make $2.77 for each share for the yr, down from their prior estimate of $2.90. The consensus estimate for LTC Properties’ recent entire-year earnings is $2.57 for every share.

A quantity of other study analysts also lately weighed in on LTC. Royal Lender of Canada dropped their price focus on on LTC Properties from $44.00 to $40.00 and established a “sector conduct” ranking on the stock in a investigate take note on Monday, November 7th. StockNews.com downgraded LTC Properties from a “obtain” score to a “keep” ranking in a investigation be aware on Friday, Oct 7th. Lastly, BMO Money Marketplaces downgraded LTC Qualities from a “market place accomplish” rating to an “underperform” rating in a analysis notice on Friday. Two expense analysts have rated the stock with a promote score, 4 have assigned a keep score and two have issued a buy score to the inventory. According to information from MarketBeat, the corporation now has an typical score of “Keep” and a consensus selling price target of $40.43.

LTC Homes Stock Up .4 {21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}

LTC stock opened at $38.35 on Friday. The stock’s 50 day basic moving typical is $38.49 and its 200 day simple transferring normal is $39.84. LTC Homes has a fifty-two week lower of $32.23 and a fifty-two 7 days higher of $45.49. The organization has a financial debt-to-fairness ratio of .96, a quick ratio of 15.57 and a current ratio of 15.57. The firm has a current market cap of $1.55 billion, a P/E ratio of 16.25 and a beta of .91.

Hedge Cash Weigh In On LTC Homes

Quite a few institutional traders have recently modified their holdings of LTC. Private Trust Co. NA grew its holdings in shares of LTC Qualities by 585.2{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the third quarter. Non-public Rely on Co. NA now owns 740 shares of the authentic estate financial investment trust’s stock valued at $28,000 soon after getting an added 632 shares in the previous quarter. Meeder Asset Management Inc. bought a new place in shares of LTC Homes in the very first quarter valued at approximately $36,000. SRS Money Advisors Inc. acquired a new situation in shares of LTC Homes in the 3rd quarter valued at roughly $39,000. Quadrant Capital Group LLC grew its holdings in shares of LTC Houses by 282.1{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the 3rd quarter. Quadrant Cash Team LLC now owns 1,047 shares of the authentic estate financial commitment trust’s inventory valued at $39,000 following obtaining an supplemental 773 shares in the last quarter. Finally, Wipfli Economic Advisors LLC purchased a new position in LTC Attributes during the third quarter valued at $41,000. 73.12{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the inventory is owned by institutional investors.

Insider Action

In other news, CAO Caroline Chikhale sold 5,000 shares of the firm’s inventory in a transaction that happened on Wednesday, December 7th. The stock was marketed at an common rate of $39.46, for a complete value of $197,300.00. Next the completion of the transaction, the chief accounting officer now directly owns 39,338 shares of the firm’s stock, valued at $1,552,277.48. The transaction was disclosed in a submitting with the SEC, which is obtainable through this hyperlink. 2.20{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the inventory is at present owned by corporate insiders.

LTC Houses Announces Dividend

The company also just lately declared a month-to-month dividend, which will be compensated on Friday, December 30th. Stockholders of report on Thursday, December 22nd will be issued a $.19 dividend. This represents a $2.28 annualized dividend and a dividend yield of 5.95{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. The ex-dividend day of this dividend is Wednesday, December 21st. LTC Properties’s dividend payout ratio is presently 96.61{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

LTC Properties Business Profile

(Get Score)

LTC is a authentic estate investment decision rely on (REIT) investing in seniors housing and health treatment qualities primarily by way of sale-leasebacks, home loan funding, joint-ventures and structured finance methods such as desired fairness and mezzanine lending. LTC holds 181 investments in 27 states with 29 operating associates.

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Earnings History and Estimates for LTC Properties (NYSE:LTC)

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Just before you think about LTC Attributes, you can expect to want to listen to this.

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When LTC Qualities at this time has a “Hold” ranking among analysts, prime-rated analysts believe that these 5 stocks are much better buys.

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Wendy’s (NASDAQ:WEN) Coverage Initiated by Analysts at Jefferies Financial Group

Wendy’s (NASDAQ:WEN) Coverage Initiated by Analysts at Jefferies Financial Group

Analysts at Jefferies Monetary Team initiated protection on shares of Wendy’s (NASDAQ:WEN – Get Rating) in a study report issued on Thursday, The Fly stories. The company set a “keep” score on the restaurant operator’s stock.

A number of other equities analysts also not too long ago commented on the firm. Guggenheim established a $24.00 cost target on Wendy’s in a report on Thursday, November 17th. StockNews.com started off coverage on shares of Wendy’s in a exploration note on Wednesday, October 12th. They issued a “maintain” ranking on the inventory. Morgan Stanley lowered their selling price goal on shares of Wendy’s from $24.00 to $23.00 and set an “equal fat” score on the stock in a research notice on Tuesday, Oct 11th. Stephens started out protection on shares of Wendy’s in a investigate note on Thursday, September 22nd. They issued an “over weight” rating and a $25.00 value aim on the inventory. Finally, TheStreet upgraded shares of Wendy’s from a “c+” ranking to a “b-” score in a investigate observe on Wednesday, November 23rd. 1 study analyst has rated the inventory with a sell score, 6 have issued a hold score and 6 have issued a acquire rating to the firm’s inventory. Based mostly on data from MarketBeat.com, Wendy’s has an normal ranking of “Maintain” and a consensus selling price focus on of $24.07.

Wendy’s Investing Up .3 {21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}

Shares of WEN stock opened at $23.48 on Thursday. Wendy’s has a 12 month lower of $15.77 and a 12 month large of $24.48. The organization has a swift ratio of 2.60, a latest ratio of 2.62 and a financial debt-to-equity ratio of 7.76. The business’s 50 working day relocating average is $21.15 and its two-hundred working day shifting normal is $20.17. The organization has a market place cap of $5.00 billion, a PE ratio of 26.99, a rate-to-earnings-advancement ratio of 2.14 and a beta of .92.

Institutional Inflows and Outflows

A selection of institutional traders and hedge funds have recently included to or lowered their stakes in the corporation. CoreCap Advisors LLC acquired a new placement in Wendy’s in the second quarter valued at about $37,000. Wipfli Economical Advisors LLC acquired a new stake in Wendy’s in the 3rd quarter valued at around $38,000. Quantbot Technologies LP acquired a new stake in Wendy’s in the 2nd quarter valued at somewhere around $41,000. Northwestern Mutual Wealth Administration Co. grew its stake in Wendy’s by 59.2{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the 2nd quarter. Northwestern Mutual Wealth Administration Co. now owns 2,247 shares of the restaurant operator’s stock valued at $42,000 immediately after getting an supplemental 836 shares in the course of the period. Eventually, Neo Ivy Funds Management procured a new situation in shares of Wendy’s all through the 2nd quarter valued at around $77,000. 70.88{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the stock is owned by institutional investors and hedge resources.

Wendy’s Corporation Profile

(Get Ranking)

The Wendy’s Firm, with each other with its subsidiaries, operates as a speedy-company restaurant business. It operates as a result of a few segments: Wendy’s U.S., Wendy’s International, and World wide Real Estate & Development. The organization is concerned in running, creating, and franchising a system of swift-assistance restaurants specializing in hamburger sandwiches.

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Analyst Recommendations for Wendy's (NASDAQ:WEN)

This instant information alert was generated by narrative science technologies and money details from MarketBeat in purchase to offer visitors with the fastest and most correct reporting. This story was reviewed by MarketBeat’s editorial workforce prior to publication. Make sure you send out any queries or responses about this story to get hold of@marketbeat.com.

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Invesco (NYSE:IVZ) Now Covered by Analysts at Wells Fargo & Company

Invesco (NYSE:IVZ) Now Covered by Analysts at Wells Fargo & Company

Stock analysts at Wells Fargo & Company started coverage on shares of Invesco (NYSE:IVZ – Get Rating) in a research report issued on Wednesday, The Fly reports. The firm set an “overweight” rating on the asset manager’s stock.

A number of other equities analysts have also recently issued reports on the stock. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Invesco from $16.00 to $22.00 and gave the stock a “buy” rating in a research report on Tuesday, November 15th. Credit Suisse Group cut Invesco from a “neutral” rating to an “underperform” rating and lowered their price target for the company from $13.00 to $11.50 in a report on Wednesday, October 26th. TheStreet raised shares of Invesco from a “c+” rating to a “b-” rating in a report on Friday, November 18th. Morgan Stanley decreased their target price on shares of Invesco from $15.00 to $14.00 and set an “equal weight” rating for the company in a report on Thursday, October 27th. Finally, The Goldman Sachs Group increased their price objective on shares of Invesco from $15.00 to $17.50 and gave the stock a “neutral” rating in a research note on Wednesday, November 23rd. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $19.58.

Invesco Stock Performance

Shares of NYSE IVZ traded down $0.10 during trading on Wednesday, reaching $19.51. The stock had a trading volume of 274,000 shares, compared to its average volume of 4,735,308. The firm’s 50 day moving average price is $16.93 and its two-hundred day moving average price is $16.95. The stock has a market cap of $8.87 billion, a PE ratio of 9.76, a P/E/G ratio of 1.86 and a beta of 1.37. The company has a debt-to-equity ratio of 0.70, a quick ratio of 4.43 and a current ratio of 4.43. Invesco has a one year low of $13.20 and a one year high of $25.33.

Invesco (NYSE:IVZ – Get Rating) last released its earnings results on Tuesday, October 25th. The asset manager reported $0.34 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.09). The company had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.11 billion. Invesco had a net margin of 18.21{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} and a return on equity of 10.39{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. Invesco’s revenue for the quarter was down 17.4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.77 earnings per share. On average, research analysts forecast that Invesco will post 1.65 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Invesco

Several large investors have recently added to or reduced their stakes in the company. Bank of New York Mellon Corp boosted its position in shares of Invesco by 1.5{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} during the third quarter. Bank of New York Mellon Corp now owns 3,667,667 shares of the asset manager’s stock valued at $50,246,000 after purchasing an additional 53,343 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its position in shares of Invesco by 45.7{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 364,184 shares of the asset manager’s stock worth $4,989,000 after purchasing an additional 114,176 shares in the last quarter. Toroso Investments LLC lifted its position in Invesco by 26.3{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} during the 3rd quarter. Toroso Investments LLC now owns 20,188 shares of the asset manager’s stock worth $277,000 after acquiring an additional 4,206 shares during the period. Teachers Retirement System of The State of Kentucky purchased a new position in shares of Invesco in the 3rd quarter valued at about $562,000. Finally, Captrust Financial Advisors boosted its holdings in shares of Invesco by 16.6{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} during the 3rd quarter. Captrust Financial Advisors now owns 23,847 shares of the asset manager’s stock worth $327,000 after purchasing an additional 3,402 shares during the last quarter. Hedge funds and other institutional investors own 83.58{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the company’s stock.

Invesco Company Profile

(Get Rating)

Invesco Ltd. is a publicly owned investment manager. The firm provides its services to retail clients, institutional clients, high-net worth clients, public entities, corporations, unions, non-profit organizations, endowments, foundations, pension funds, financial institutions, and sovereign wealth funds.

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Analyst Recommendations for Invesco (NYSE:IVZ)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Before you consider Invesco, you’ll want to hear this.

MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Invesco wasn’t on the list.

While Invesco currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.

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Financial analysts at Capital One raise the company Regency Centers’ earnings projections.

Financial analysts at Capital One raise the company Regency Centers’ earnings projections.

On Tuesday, December 6th, analysts at Funds One Fiscal raised their estimates for Regency Centers Co.’s Q4 2022 EPS in a analysis take note despatched to clients and investors (NASDAQ:REG). Money 1 C. Lucas’ financial experts have raised their original forecast from $.96 to $.97, indicating that they now expect the enterprise to report quarterly earnings of $.97 per share. Regency Centers’ annually earnings for each share is now projected to be $4.02. Furthermore, Funds 1 Economic predicted earnings for Regency Centers of $1.07, $1.06, and $4.26 for each share for the initially quarter of 2023, the fourth quarter of 2023, the FY 2023 final results, the 1st and next quarters of 2024, and the FY 2024 success.
The NASDAQ:REG opening value on Thursday was $65.75. The top rated and cheapest price ranges for Regency Centers for the very last 12 months were 78.78 and 51.97, respectively. The P/E ratio is 24.81, the beta is 1.12, the market capitalization is $11.25 billion, and the P/E/G is 4.40. The 200 and 50 working day moving typical prices for the enterprise are $60.90 and $61.01, respectively. Credit card debt to equity for the firm is 1, present-day ratio is 1, speedy ratio is 1, and debt to fairness is .60.
A short while ago, the inventory has also been mentioned by added stock current market analysts. In a analysis take note revealed on Friday, October 7th, Deutsche Financial institution Aktiengesellschaft reduced their price concentrate on on shares of Regency Facilities from $72.00 to $69.00 though sustaining a “buy” score on the stock. On Wednesday, Oct 12th, StockNews.com revealed a analysis report in which it started to include shares of Regency Facilities. In a exploration be aware unveiled on Friday, November 4th, Credit rating Suisse Team lifted their price goal for Regency Centers from $62.00 to $69.00 and rated the stock “hold.” On Tuesday, Barclays lifted their value aim for Regency Facilities from $62.00 to $69.00 and rated the stock “equal bodyweight.” Morgan Stanley upgraded Regency Facilities from “equal weight” to “buy” in a analysis report launched on Monday, August 29th. 6 analysis analysts gave the stock a hold ranking, though four analysts proposed shopping for the stock. In accordance to Bloomberg.com, Regency Facilities has an ordinary concentrate on price tag of $68.60 and a consensus rating of “Hold.”
Not too long ago, sizeable buyers bought and offered REG shares. Envestnet Asset Administration Inc. grew its holdings in Regency Facilities by 30.2{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} throughout the 2nd quarter. As opposed to its prior holdings of 54,891 shares, Envestnet Asset Administration Inc. now owns 236,457 shares of the organization, valued at $14,024,000. Kentucky Retirement Techniques boosted its holding in Regency Centers by 3.5{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} throughout the initial quarter. Kentucky Retirement Systems now owns 9,822 shares of the organization, truly worth $711,000, just after getting 331 more shares in the final a few months. M&T Financial institution Corp. boosted its possession of Regency Centers by 19.1{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} for the duration of the second quarter. M&T Bank Corp now owns 18,686 shares of the business’s inventory worthy of $1,093,000 right after acquiring an more 2,998 shares above the very last three months. Asset Management Corporation UFJ Mitsubishi Kokusai Ltd. boosted its holdings in Regency Facilities shares by 3.4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the 2nd quarter. Asset Management Enterprise UFJ Mitsubishi Kokusai Ltd. now owns 150,955 additional shares of the company’s stock, valued at $8,953,000, than it did 3 months ago. This is an increase of 4,949 shares. And last, all through the second quarter, DekaBank Deutsche Girozentrale boosted its position in Regency Facilities by 2.6{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. DekaBank Deutsche Girozentrale has elevated its share count by 1,496 during the very last 3 months, supplying it 58,327 shares value $3,475,000 in full. Establishments and hedge money now possess 90.32 per cent of the inventory.
The corporation also declared a quarterly dividend that would be compensated on January 4. Stockholders whose shares ended up recorded as of Friday, December 16th will obtain a dividend of $.65 for every share. This benefits in a $2.60 dividend with a 3.95{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} yearly return. This is an boost around Regency Centers’ very last quarterly dividend of $.63. The ex-dividend working day is December 15th, a Thursday. The dividend payout price for Regency Centers is 94.34{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.
The foremost nationwide proprietor, operator, and developer of searching centers located in rich and densely populated trade parts is Regency Facilities. Our portfolio is made up of bustling structures that are jam-packed with prime-notch retailers, eateries, and providers that profit the neighborhood in which they are found.

Capital One Financial Analysts Increase Earnings Estimates for Regency Centers Co. (NASDAQ:REG)

Capital One Financial Analysts Increase Earnings Estimates for Regency Centers Co. (NASDAQ:REG)

Regency Centers Co. (NASDAQ:REG – Get Rating) – Analysts at Capital One Financial raised their Q4 2022 EPS estimates for Regency Centers in a research report issued to clients and investors on Tuesday, December 6th. Capital One Financial analyst C. Lucas now anticipates that the company will post earnings of $0.97 per share for the quarter, up from their previous forecast of $0.96. The consensus estimate for Regency Centers’ current full-year earnings is $4.02 per share. Capital One Financial also issued estimates for Regency Centers’ Q1 2023 earnings at $1.02 EPS, Q4 2023 earnings at $1.03 EPS, FY2023 earnings at $4.06 EPS, Q1 2024 earnings at $1.07 EPS, Q2 2024 earnings at $1.06 EPS and FY2024 earnings at $4.26 EPS.

Several other equities analysts also recently commented on the stock. Barclays upped their price objective on shares of Regency Centers from $62.00 to $69.00 and gave the company an “equal weight” rating in a report on Tuesday. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Regency Centers from $72.00 to $69.00 and set a “buy” rating on the stock in a research note on Friday, October 7th. StockNews.com initiated coverage on shares of Regency Centers in a research note on Wednesday, October 12th. They issued a “hold” rating on the stock. Credit Suisse Group upped their price target on shares of Regency Centers to $63.00 in a research note on Friday, November 4th. Finally, Morgan Stanley upped their price target on shares of Regency Centers from $57.50 to $62.00 and gave the company an “equal weight” rating in a research note on Monday, August 29th. Six research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, Regency Centers has a consensus rating of “Hold” and an average target price of $68.60.

Regency Centers Price Performance

NASDAQ:REG opened at $65.75 on Thursday. Regency Centers has a one year low of $51.97 and a one year high of $78.78. The company has a market cap of $11.25 billion, a P/E ratio of 24.81, a P/E/G ratio of 4.40 and a beta of 1.12. The firm’s fifty day moving average price is $61.01 and its two-hundred day moving average price is $60.90. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.00 and a quick ratio of 1.00.

Institutional Investors Weigh In On Regency Centers

A number of large investors have recently bought and sold shares of REG. Envestnet Asset Management Inc. lifted its holdings in shares of Regency Centers by 30.2{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the second quarter. Envestnet Asset Management Inc. now owns 236,457 shares of the company’s stock worth $14,024,000 after acquiring an additional 54,891 shares during the last quarter. Kentucky Retirement Systems lifted its holdings in shares of Regency Centers by 3.5{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the first quarter. Kentucky Retirement Systems now owns 9,822 shares of the company’s stock worth $701,000 after acquiring an additional 331 shares during the last quarter. M&T Bank Corp lifted its holdings in shares of Regency Centers by 19.1{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the second quarter. M&T Bank Corp now owns 18,686 shares of the company’s stock worth $1,093,000 after acquiring an additional 2,998 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lifted its holdings in shares of Regency Centers by 3.4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the second quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 150,955 shares of the company’s stock worth $8,953,000 after acquiring an additional 4,949 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale lifted its holdings in shares of Regency Centers by 2.6{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the second quarter. DekaBank Deutsche Girozentrale now owns 58,327 shares of the company’s stock worth $3,475,000 after acquiring an additional 1,496 shares during the last quarter. 90.32{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the stock is currently owned by institutional investors and hedge funds.

Regency Centers Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 4th. Shareholders of record on Friday, December 16th will be paid a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a yield of 3.95{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. This is an increase from Regency Centers’s previous quarterly dividend of $0.63. The ex-dividend date is Thursday, December 15th. Regency Centers’s dividend payout ratio is presently 94.34{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

Regency Centers Company Profile

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Regency Centers is the preeminent national owner, operator, and developer of shopping centers located in affluent and densely populated trade areas. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers.

See Also

Earnings History and Estimates for Regency Centers (NASDAQ:REG)

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