Arbejdsmarkedets Tillaegspension Raises Holdings in Simon Property Group, Inc. $SPG

Arbejdsmarkedets Tillaegspension increased its holdings in shares of Simon Property Group, Inc. (NYSE:SPG) by 10.6% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 142,125 shares of the real estate investment trust’s stock after purchasing an additional 13,658 shares during the period. Simon Property Group accounts for approximately 0.7% of Arbejdsmarkedets Tillaegspension’s holdings, making the stock its 5th largest position. Arbejdsmarkedets Tillaegspension’s holdings in Simon Property Group were worth $26,511,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Stance Capital LLC acquired a new stake in shares of Simon Property Group in the third quarter valued at approximately $26,000. Wilkerson Advisory Group LLC acquired a new position in shares of Simon Property Group during the 4th quarter worth approximately $29,000. SHP Wealth Management acquired a new position in shares of Simon Property Group during the 4th quarter worth approximately $34,000. Tompkins Financial Corp bought a new stake in Simon Property Group in the 4th quarter valued at $42,000. Finally, Cullen Frost Bankers Inc. lifted its holdings in Simon Property Group by 79.3% during the 4th quarter. Cullen Frost Bankers Inc. now owns 251 shares of the real estate investment trust’s stock valued at $46,000 after purchasing an additional 111 shares during the last quarter. Institutional investors and hedge funds own 93.01% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Evercore set a $215.00 price objective on shares of Simon Property Group in a report on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft cut shares of Simon Property Group from a “buy” rating to a “hold” rating and set a $220.00 target price for the company. in a research note on Thursday. Citigroup upped their price target on shares of Simon Property Group from $189.00 to $205.00 and gave the company a “neutral” rating in a research note on Thursday, May 14th. UBS Group increased their price target on shares of Simon Property Group from $199.00 to $222.00 and gave the company a “neutral” rating in a report on Thursday. Finally, Bank of America raised their price objective on shares of Simon Property Group from $225.00 to $236.00 and gave the stock a “buy” rating in a research report on Monday, June 29th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $213.07.

Simon Property Group Trading Down 0.0%

Shares of Simon Property Group stock opened at $218.71 on Monday. The firm has a 50-day moving average of $211.32 and a 200-day moving average of $198.97. The stock has a market cap of $70.92 billion, a PE ratio of 15.20, a PEG ratio of 2.83 and a beta of 1.29. Simon Property Group, Inc. has a 52-week low of $159.33 and a 52-week high of $229.59. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.84 and a current ratio of 0.84.

Simon Property Group (NYSE:SPG) last released its quarterly earnings results on Monday, May 11th. The real estate investment trust reported $1.48 EPS for the quarter, beating the consensus estimate of $1.46 by $0.02. Simon Property Group had a net margin of 70.60% and a return on equity of 104.54%. The business had revenue of $1.76 billion for the quarter, compared to the consensus estimate of $1.54 billion. During the same period in the prior year, the company posted $2.95 earnings per share. Simon Property Group’s revenue was up 19.3% compared to the same quarter last year. Simon Property Group has set its FY 2026 guidance at 13.100-13.250 EPS. As a group, sell-side analysts forecast that Simon Property Group, Inc. will post 13.21 EPS for the current year.

Simon Property Group Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th were given a dividend of $2.25 per share. This represents a $9.00 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date was Tuesday, June 9th. This is a boost from Simon Property Group’s previous quarterly dividend of $2.20. Simon Property Group’s dividend payout ratio (DPR) is currently 62.54%.

Insider Activity at Simon Property Group

In other Simon Property Group news, Director Glyn Aeppel bought 243 shares of the stock in a transaction dated Tuesday, June 30th. The shares were bought at an average cost of $223.36 per share, with a total value of $54,276.48. Following the completion of the acquisition, the director owned 21,067 shares of the company’s stock, valued at $4,705,525.12. This trade represents a 1.17% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Reuben S. Leibowitz purchased 508 shares of the company’s stock in a transaction dated Tuesday, June 30th. The stock was acquired at an average price of $223.38 per share, with a total value of $113,477.04. Following the completion of the transaction, the director owned 55,797 shares of the company’s stock, valued at $12,463,933.86. This represents a 0.92% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders purchased 2,387 shares of company stock valued at $533,056. 8.73% of the stock is currently owned by company insiders.

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.