Thrivent Financial for Lutherans Sells 18,796 Shares of Simon Property Group, Inc. $SPG

Thrivent Financial for Lutherans trimmed its position in Simon Property Group, Inc. (NYSE:SPG) by 16.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 93,991 shares of the real estate investment trust’s stock after selling 18,796 shares during the period. Thrivent Financial for Lutherans’ holdings in Simon Property Group were worth $17,639,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. Trust Co. of Toledo NA OH purchased a new position in shares of Simon Property Group during the second quarter worth about $25,000. VSM Wealth Advisory LLC purchased a new position in shares of Simon Property Group in the 2nd quarter worth about $30,000. Silicon Valley Capital Partners bought a new position in shares of Simon Property Group during the 2nd quarter valued at about $30,000. Bell Investment Advisors Inc lifted its position in Simon Property Group by 205.6% in the 2nd quarter. Bell Investment Advisors Inc now owns 217 shares of the real estate investment trust’s stock worth $35,000 after buying an additional 146 shares during the last quarter. Finally, Salomon & Ludwin LLC purchased a new stake in Simon Property Group in the third quarter worth approximately $39,000. 93.01% of the stock is currently owned by hedge funds and other institutional investors.

Simon Property Group Price Performance

SPG opened at $189.34 on Wednesday. The company has a debt-to-equity ratio of 9.59, a quick ratio of 1.44 and a current ratio of 1.44. The stock has a market capitalization of $61.81 billion, a PE ratio of 13.35, a price-to-earnings-growth ratio of 7.10 and a beta of 1.39. The stock’s 50 day moving average price is $185.05 and its 200-day moving average price is $180.05. Simon Property Group, Inc. has a 52-week low of $136.34 and a 52-week high of $193.50.

Simon Property Group (NYSE:SPG) last issued its quarterly earnings data on Monday, February 2nd. The real estate investment trust reported $3.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.47 by $0.02. Simon Property Group had a net margin of 72.71% and a return on equity of 163.69%. The business had revenue of $1.79 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same period in the previous year, the firm earned $3.68 EPS. The company’s quarterly revenue was up 13.2% compared to the same quarter last year. Simon Property Group has set its FY 2026 guidance at 13.000-13.250 EPS. On average, equities research analysts predict that Simon Property Group, Inc. will post 12.54 EPS for the current year.

Simon Property Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 10th will be issued a dividend of $2.20 per share. The ex-dividend date is Tuesday, March 10th. This represents a $8.80 dividend on an annualized basis and a dividend yield of 4.6%. Simon Property Group’s dividend payout ratio is 128.09%.

Analyst Ratings Changes

Several research analysts have commented on SPG shares. Citigroup lifted their price target on shares of Simon Property Group from $170.00 to $185.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 26th. Mizuho set a $192.00 price objective on shares of Simon Property Group in a research note on Friday, January 9th. Evercore ISI increased their target price on shares of Simon Property Group from $188.00 to $198.00 and gave the company an “in-line” rating in a report on Tuesday. Weiss Ratings reiterated a “buy (b)” rating on shares of Simon Property Group in a report on Friday, January 9th. Finally, UBS Group increased their target price on Simon Property Group from $180.00 to $189.00 and gave the company a “neutral” rating in a report on Thursday, January 8th. Six research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, Simon Property Group currently has an average rating of “Hold” and an average price target of $195.79.

Insider Buying and Selling

In related news, Director Stefan M. Selig purchased 201 shares of the business’s stock in a transaction that occurred on Wednesday, December 31st. The shares were bought at an average price of $186.00 per share, for a total transaction of $37,386.00. Following the purchase, the director directly owned 32,277 shares of the company’s stock, valued at approximately $6,003,522. This represents a 0.63% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Reuben S. Leibowitz purchased 480 shares of the stock in a transaction dated Wednesday, December 31st. The stock was bought at an average cost of $186.00 per share, with a total value of $89,280.00. Following the transaction, the director owned 53,639 shares in the company, valued at $9,976,854. The trade was a 0.90% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders bought 2,192 shares of company stock valued at $407,712 over the last 90 days. 8.60% of the stock is currently owned by company insiders.

Trending Headlines about Simon Property Group

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

• Positive Sentiment: Q4 FFO and revenue topped estimates: Simon reported FFO of $3.49 and revenue of $1.79B, driven by higher lease income and rising base rents at U.S. malls and premium outlets — a sign of continued demand at higher‑end retail locations. Simon Property Q4 FFO Beats Estimates on Higher Revenues & Rent
• Positive Sentiment: Company raised FY‑2026 FFO guidance to $13.00–$13.25 per share (above many prior street models), and outlined a ~$4B development/redevelopment pipeline — both supportive of forward cash‑flow visibility and capital deployment. Simon Property Group outlines $13.13 per share FFO guidance and $4B development pipeline while
• Positive Sentiment: Management highlighted robust leasing momentum, mid‑90% U.S. mall/outlet occupancy, record annual FFO, and ongoing redevelopments — evidence management expects durable consumer spending at premium shopping destinations. Simon® Reports Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: Shareholder returns: Simon declared a quarterly dividend of $2.20 per share (annualized yield ~4.6%), reinforcing the REIT’s cash‑return profile. Simon® Reports Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: Analyst support: Bank of America kept a Buy and $208 target citing conservative 2026 guidance and redevelopment upside; Evercore raised its target to $198 (in‑line rating) — showing continued analyst interest and upside from some desks. Buy Rating on Simon Property Group Driven by Conservative 2026 FFO Guidance…
• Neutral Sentiment: Earnings call transcript and coverage are available for deeper detail on leasing trends, tenant mix and capital allocation — useful if you want management’s color on how durable the recent rent gains are. Q4 2025 earnings call transcript
• Neutral Sentiment: Market commentary views SPG as a beneficiary of a more predictable rate path and stable consumer spending at premium retail, making it a favored REIT if rate volatility eases. 2 REITs That Look Attractive in a Stable Rate Environment
• Negative Sentiment: FFO is still below the prior year (Q4 FFO $3.49 vs. $3.68 year‑ago), which highlights that growth isn’t uniform and could make investors cautious about sustainability of margin expansion. Simon Property (SPG) Reports Q4 Earnings: What Key Metrics Have to Say
• Negative Sentiment: Valuation and leverage considerations: SPG is trading near its 52‑week high and carries meaningful financial leverage; that combination can prompt profit‑taking and heighten sensitivity to interest‑rate moves. SPG Stock Profile

About Simon Property Group

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.