Strs Ohio Decreases Position in Simon Property Group, Inc. $SPG

Strs Ohio lessened its stake in Simon Property Group, Inc. (NYSE:SPG) by 1.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 370,703 shares of the real estate investment trust’s stock after selling 7,212 shares during the quarter. Strs Ohio’s holdings in Simon Property Group were worth $69,147,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Clark Capital Management Group Inc. boosted its position in Simon Property Group by 1.7% during the third quarter. Clark Capital Management Group Inc. now owns 247,032 shares of the real estate investment trust’s stock worth $46,361,000 after purchasing an additional 4,177 shares during the period. Union Bancaire Privee UBP SA raised its position in shares of Simon Property Group by 22.6% in the fourth quarter. Union Bancaire Privee UBP SA now owns 39,366 shares of the real estate investment trust’s stock valued at $7,287,000 after purchasing an additional 7,266 shares during the period. Davis Selected Advisers lifted its stake in shares of Simon Property Group by 30.7% during the 3rd quarter. Davis Selected Advisers now owns 76,733 shares of the real estate investment trust’s stock valued at $14,400,000 after buying an additional 18,010 shares in the last quarter. Danske Bank A S lifted its stake in shares of Simon Property Group by 11.1% during the 4th quarter. Danske Bank A S now owns 193,946 shares of the real estate investment trust’s stock valued at $35,901,000 after buying an additional 19,300 shares in the last quarter. Finally, California Public Employees Retirement System boosted its holdings in Simon Property Group by 3.5% in the 3rd quarter. California Public Employees Retirement System now owns 579,458 shares of the real estate investment trust’s stock worth $108,747,000 after buying an additional 19,608 shares during the period. Hedge funds and other institutional investors own 93.01% of the company’s stock.

Insider Activity

In other news, Director Larry C. Glasscock acquired 397 shares of the firm’s stock in a transaction that occurred on Tuesday, June 30th. The shares were bought at an average cost of $223.38 per share, with a total value of $88,681.86. Following the acquisition, the director owned 45,902 shares in the company, valued at approximately $10,253,588.76. This represents a 0.87% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Glyn Aeppel bought 243 shares of the company’s stock in a transaction that occurred on Tuesday, June 30th. The stock was purchased at an average price of $223.36 per share, with a total value of $54,276.48. Following the transaction, the director directly owned 21,067 shares in the company, valued at $4,705,525.12. The trade was a 1.17% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders purchased 2,387 shares of company stock worth $533,056. 8.73% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research firms recently weighed in on SPG. Morgan Stanley lifted their price objective on shares of Simon Property Group from $205.00 to $207.00 and gave the company an “equal weight” rating in a research note on Tuesday, June 9th. Weiss Ratings lowered Simon Property Group from a “buy (a-)” rating to a “buy (b)” rating in a report on Monday. UBS Group set a $220.00 price target on Simon Property Group in a research report on Thursday, June 18th. Stifel Nicolaus boosted their price objective on Simon Property Group from $185.00 to $194.00 and gave the company a “hold” rating in a research note on Tuesday, May 12th. Finally, Bank of America increased their price objective on Simon Property Group from $225.00 to $236.00 and gave the stock a “buy” rating in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $211.47.

Key Stories Impacting Simon Property Group

Here are the key news stories impacting Simon Property Group this week:

• Positive Sentiment: Barclays lifted its price target on Simon Property Group ahead of second-quarter earnings, reinforcing expectations for solid fundamentals and continued dividend support. Barclays Raises Simon Property Group (SPG) Price Target as Part of Q2 Earnings Preview
• Positive Sentiment: Several SPG directors bought shares on June 30, including meaningful purchases from Randall Lewis, Peggy Roe, Marta Stewart, Stefan Selig, and others, which often signals confidence in the stock’s outlook and valuation. Simon Property Group (NYSE:SPG) Director Randall Lewis Acquires 62 Shares
• Positive Sentiment: One article argued SPG still looks undervalued despite its strong multi-year run, suggesting the stock may have room to move higher if cash flow and valuation estimates hold up. Simon Property Group (SPG) Stock Still Looks Undervalued Despite a 136% Run
• Positive Sentiment: Simon announced it will release second-quarter 2026 results on August 10, giving investors a clear near-term catalyst to watch. Simon Announces Date For Its Second Quarter 2026 Earnings Release And Conference Call
• Neutral Sentiment: Recent commentary also highlighted SPG’s strong leasing, redevelopment, and liquidity, but noted debt and e-commerce remain ongoing risks for the business. Is Holding Simon Property Stock Still Smart Move for Your Portfolio?
• Neutral Sentiment: Analyst views remain mixed overall, so despite higher targets from some firms, the broader rating picture is still more cautious than bullish. Analysts Have Conflicting Sentiments on These Real Estate Companies: Simon Property (SPG) and EPR Properties (EPR)
• Negative Sentiment: Some recent research downgraded the stock or kept only neutral ratings, reflecting lingering caution around valuation and the broader retail REIT outlook. Barclays Raises Simon Property Group (SPG) Price Target as Part of Q2 Earnings Preview

Simon Property Group Stock Performance

Simon Property Group stock opened at $225.77 on Friday. Simon Property Group, Inc. has a fifty-two week low of $159.33 and a fifty-two week high of $228.57. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.84 and a current ratio of 0.84. The stock has a market cap of $73.21 billion, a P/E ratio of 15.69, a price-to-earnings-growth ratio of 4.03 and a beta of 1.29. The firm’s fifty day moving average price is $208.83 and its 200-day moving average price is $197.36.

Simon Property Group (NYSE:SPG) last announced its earnings results on Monday, May 11th. The real estate investment trust reported $1.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.46 by $0.02. The company had revenue of $1.76 billion during the quarter, compared to analyst estimates of $1.54 billion. Simon Property Group had a net margin of 70.60% and a return on equity of 104.54%. The firm’s quarterly revenue was up 19.3% compared to the same quarter last year. During the same period in the previous year, the business earned $2.95 earnings per share. Simon Property Group has set its FY 2026 guidance at 13.100-13.250 EPS. On average, equities research analysts expect that Simon Property Group, Inc. will post 13.21 earnings per share for the current fiscal year.

Simon Property Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th were given a dividend of $2.25 per share. This is a boost from Simon Property Group’s previous quarterly dividend of $2.20. The ex-dividend date was Tuesday, June 9th. This represents a $9.00 annualized dividend and a dividend yield of 4.0%. Simon Property Group’s dividend payout ratio is currently 62.54%.

Simon Property Group 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.