Versor Investments LP Takes $833,000 Position in Simon Property Group, Inc. $SPG

Versor Investments LP purchased a new stake in shares of Simon Property Group, Inc. (NYSE:SPG) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 4,500 shares of the real estate investment trust’s stock, valued at approximately $833,000.

Several other large investors have also recently modified their holdings of the business. Washington Trust Bank raised its stake in shares of Simon Property Group by 3.5% during the fourth quarter. Washington Trust Bank now owns 1,776 shares of the real estate investment trust’s stock valued at $329,000 after acquiring an additional 60 shares during the last quarter. AG2R LA Mondiale Gestion D Actifs raised its stake in Simon Property Group by 6.2% during the fourth quarter. AG2R LA Mondiale Gestion D Actifs now owns 14,872 shares of the real estate investment trust’s stock worth $2,753,000 after buying an additional 873 shares during the last quarter. Fortem Financial Group LLC raised its stake in Simon Property Group by 3.1% during the fourth quarter. Fortem Financial Group LLC now owns 12,221 shares of the real estate investment trust’s stock worth $2,262,000 after buying an additional 362 shares during the last quarter. Valeo Financial Advisors LLC raised its stake in Simon Property Group by 2.1% during the fourth quarter. Valeo Financial Advisors LLC now owns 8,396 shares of the real estate investment trust’s stock worth $1,554,000 after buying an additional 175 shares during the last quarter. Finally, Kepler Cheuvreux Suisse SA raised its stake in Simon Property Group by 346.7% during the fourth quarter. Kepler Cheuvreux Suisse SA now owns 118,541 shares of the real estate investment trust’s stock worth $21,944,000 after buying an additional 92,004 shares during the last quarter. Institutional investors own 93.01% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on SPG. Weiss Ratings raised shares of Simon Property Group from a “buy (b)” rating to a “buy (b+)” rating in a research note on Monday, May 4th. Scotiabank lifted their target price on shares of Simon Property Group from $189.00 to $192.00 and gave the stock a “sector perform” rating in a research note on Tuesday, March 24th. Stifel Nicolaus raised their price target on shares of Simon Property Group from $185.00 to $194.00 and gave the stock a “hold” rating in a report on Tuesday. Evercore set a $207.00 price target on shares of Simon Property Group in a report on Tuesday. Finally, Citigroup raised their price target on shares of Simon Property Group from $185.00 to $189.00 and gave the stock a “neutral” rating in a report on Thursday, February 5th. Five analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $201.43.

Simon Property Group News Summary

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

• Positive Sentiment: Simon Property Group delivered stronger-than-expected Q1 results, with FFO and revenue both topping estimates and operating metrics showing healthy occupancy and leasing demand. Simon Property (SPG) Q1 FFO and Revenues Top Estimates
• Positive Sentiment: The company raised its 2026 FFO guidance and boosted its quarterly dividend, signaling confidence in cash flow and capital returns. Can Simon Property Group (SPG) Keep Climbing After Strong Q1 Results?
• Positive Sentiment: Goldman Sachs reiterated a Buy rating and Stifel raised its price target on SPG, reflecting continued analyst optimism after the earnings beat. Analyst Reiterates Buy on Simon Property Group Amid Raised FFO Guidance and Resilient Operating Performance
• Neutral Sentiment: Stifel’s new $194 price target is still below the recent trading level, suggesting limited upside in the near term despite the firm’s unchanged Hold view. Simon Property Group (NYSE:SPG) Given New $194.00 Price Target at Stifel Nicolaus
• Negative Sentiment: A new risk note flagged Simon Property’s expanded share buybacks as potentially increasing capital allocation pressure, liquidity concerns, and refinancing risk. Simon Property’s Expanded Buybacks Raise Capital Allocation, Liquidity, and Refinancing Risks

Simon Property Group Trading Up 2.2%

NYSE:SPG opened at $205.52 on Wednesday. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 4.42. The stock has a market capitalization of $66.78 billion, a price-to-earnings ratio of 14.28, a PEG ratio of 6.61 and a beta of 1.33. The firm has a fifty day simple moving average of $195.37 and a two-hundred day simple moving average of $189.66. Simon Property Group, Inc. has a 12 month low of $155.44 and a 12 month high of $208.28.

Simon Property Group (NYSE:SPG) last issued its quarterly earnings data on Monday, May 11th. The real estate investment trust reported $1.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.46 by $0.02. The firm had revenue of $1.76 billion during the quarter, compared to analysts’ expectations of $1.54 billion. Simon Property Group had a net margin of 70.60% and a return on equity of 118.05%. The business’s revenue was up 19.3% on a year-over-year basis. During the same period last year, the company earned $2.95 earnings per share. Simon Property Group has set its FY 2026 guidance at 13.100-13.250 EPS. Analysts expect that Simon Property Group, Inc. will post 13.19 EPS for the current fiscal year.

Simon Property Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th will be issued a dividend of $2.25 per share. This is an increase from Simon Property Group’s previous quarterly dividend of $2.20. This represents a $9.00 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date is Tuesday, June 9th. Simon Property Group’s dividend payout ratio is 62.06%.

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

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.