Regency Centers (NASDAQ:REG) Chairman Sells $2,933,980.00 in Stock

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Regency Centers Chairman Martin Stein Jr. sold 38,000 shares of the company’s stock for over $2.9 million on March 11, reducing his stake by 19.4%. The company also announced a quarterly dividend of $0.755 per share, yielding 3.9%. Analysts currently give Regency Centers a consensus “Moderate Buy” rating with a $79.50 price target.

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