Capital Advisors Inc. OK Has $75.27 Million Stock Position in Simon Property Group, Inc. $SPG

Capital Advisors Inc. OK raised its stake in Simon Property Group, Inc. (NYSE:SPG) by 1.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 406,599 shares of the real estate investment trust’s stock after acquiring an additional 6,630 shares during the quarter. Simon Property Group comprises approximately 1.2% of Capital Advisors Inc. OK’s investment portfolio, making the stock its 19th biggest holding. Capital Advisors Inc. OK owned approximately 0.12% of Simon Property Group worth $75,266,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPG. Stance Capital LLC bought a new stake in shares of Simon Property Group during the third quarter valued at approximately $26,000. Silicon Valley Capital Partners acquired a new stake in shares of Simon Property Group in the second quarter valued at approximately $30,000. Salomon & Ludwin LLC bought a new position in Simon Property Group in the 3rd quarter worth approximately $39,000. Atlantic Union Bankshares Corp raised its position in Simon Property Group by 143.0% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 209 shares of the real estate investment trust’s stock worth $39,000 after purchasing an additional 123 shares during the last quarter. Finally, City Holding Co. acquired a new position in Simon Property Group during the 3rd quarter worth $40,000. Institutional investors and hedge funds own 93.01% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Truist Financial increased their price objective on Simon Property Group from $181.00 to $196.00 and gave the company a “hold” rating in a research report on Monday, March 2nd. Mizuho set a $192.00 price target on Simon Property Group in a research note on Friday, January 9th. Deutsche Bank Aktiengesellschaft upgraded Simon Property Group from a “hold” rating to a “buy” rating and set a $205.00 price target on the stock in a report on Tuesday, January 20th. Citigroup lifted their price objective on Simon Property Group from $185.00 to $189.00 and gave the stock a “neutral” rating in a research report on Thursday, February 5th. Finally, UBS Group boosted their price objective on Simon Property Group from $180.00 to $189.00 and gave the stock a “neutral” rating in a report on Thursday, January 8th. Five analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat, Simon Property Group currently has an average rating of “Hold” and a consensus target price of $199.57.

Simon Property Group Stock Up 2.2%

Shares of NYSE SPG opened at $186.45 on Wednesday. Simon Property Group, Inc. has a 52-week low of $136.34 and a 52-week high of $205.12. The company has a debt-to-equity ratio of 4.42, a quick ratio of 0.90 and a current ratio of 0.90. The stock has a market cap of $60.59 billion, a P/E ratio of 13.15, a P/E/G ratio of 6.01 and a beta of 1.36. The firm has a 50 day moving average price of $192.34 and a 200 day moving average price of $185.93.

Simon Property Group (NYSE:SPG) last posted its earnings results on Monday, February 2nd. The real estate investment trust reported $3.49 earnings per share for the quarter, topping the consensus estimate of $3.47 by $0.02. The company had revenue of $1.79 billion for the quarter, compared to analyst estimates of $1.50 billion. Simon Property Group had a net margin of 72.71% and a return on equity of 124.12%. The business’s revenue for the quarter was up 13.2% compared to the same quarter last year. During the same period last year, the business posted $3.68 earnings per share. Simon Property Group has set its FY 2026 guidance at 13.000-13.250 EPS. Analysts expect that Simon Property Group, Inc. will post 12.54 EPS for the current year.

Simon Property Group announced that its Board of Directors has initiated a stock repurchase program on Thursday, February 5th that allows the company to repurchase $2.00 billion in shares. This repurchase authorization allows the real estate investment trust to purchase up to 3.1% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board of directors believes its shares are undervalued.

Simon Property Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 10th were issued a dividend of $2.20 per share. The ex-dividend date was Tuesday, March 10th. This represents a $8.80 annualized dividend and a yield of 4.7%. Simon Property Group’s payout ratio is currently 62.06%.

Simon Property Group Company Profile

Simon Property Group, Inc (NYSE: SPG) is a publicly traded real estate investment trust (REIT) that owns, develops and manages retail real estate properties. Its core business activities include acquisition, development, leasing and property management of regional malls, outlet centers and mixed‑use retail destinations. The company operates retail brands that include high‑profile regional shopping centers and the Premium Outlets platform, and it provides services such as tenant leasing, marketing, property operations and capital projects to optimize asset performance.

Simon’s portfolio spans a broad mix of enclosed malls, open‑air centers, outlet properties and mixed‑use developments, and the company pursues redevelopment and repositioning to adapt properties to changing consumer and retail trends.