Simon Property Group (NYSE:SPG) Shares Acquired Rep. Victoria Spartz

Representative Victoria Spartz (R-Indiana) recently bought shares of Simon Property Group, Inc. (NYSE:SPG). In a filing disclosed on April 26th, the Representative disclosed that they had bought between $1,001 and $15,000 in Simon Property Group stock on April 3rd. The trade occurred in the Representative’s “CHARLES SCHWAB ROTH IRA” account.

Representative Victoria Spartz also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of Simon Property Group (NYSE:SPG) on 2/3/2025.

Simon Property Group Trading Up 1.4 %

SPG opened at $158.78 on Tuesday. The firm has a 50 day simple moving average of $163.19 and a 200 day simple moving average of $172.01. Simon Property Group, Inc. has a fifty-two week low of $136.34 and a fifty-two week high of $190.14. The company has a market cap of $51.81 billion, a price-to-earnings ratio of 21.87, a price-to-earnings-growth ratio of 10.10 and a beta of 1.45. The company has a debt-to-equity ratio of 7.19, a current ratio of 1.28 and a quick ratio of 2.00.

Simon Property Group (NYSE:SPG) last issued its earnings results on Tuesday, February 4th. The real estate investment trust reported $3.68 EPS for the quarter, beating the consensus estimate of $1.98 by $1.70. Simon Property Group had a net margin of 41.49% and a return on equity of 74.02%. On average, sell-side analysts anticipate that Simon Property Group, Inc. will post 12.54 earnings per share for the current year.

Simon Property Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 10th were given a $2.10 dividend. The ex-dividend date was Monday, March 10th. This represents a $8.40 dividend on an annualized basis and a yield of 5.29%. Simon Property Group’s payout ratio is 115.70%.

Institutional Trading of Simon Property Group

Several hedge funds and other institutional investors have recently modified their holdings of SPG. Pitcairn Co. boosted its position in Simon Property Group by 0.6% during the 4th quarter. Pitcairn Co. now owns 9,895 shares of the real estate investment trust’s stock worth $1,704,000 after acquiring an additional 55 shares during the last quarter. Colonial Trust Co SC boosted its holdings in Simon Property Group by 37.5% during the fourth quarter. Colonial Trust Co SC now owns 209 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 57 shares during the last quarter. Childress Capital Advisors LLC boosted its holdings in Simon Property Group by 3.6% during the fourth quarter. Childress Capital Advisors LLC now owns 1,689 shares of the real estate investment trust’s stock worth $291,000 after purchasing an additional 58 shares during the last quarter. Global X Japan Co. Ltd. grew its position in Simon Property Group by 9.9% in the fourth quarter. Global X Japan Co. Ltd. now owns 655 shares of the real estate investment trust’s stock valued at $113,000 after purchasing an additional 59 shares in the last quarter. Finally, HighPoint Advisor Group LLC increased its stake in Simon Property Group by 1.8% in the 4th quarter. HighPoint Advisor Group LLC now owns 3,396 shares of the real estate investment trust’s stock valued at $626,000 after buying an additional 60 shares during the last quarter. Institutional investors and hedge funds own 93.01% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on SPG. Piper Sandler raised shares of Simon Property Group from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $175.00 to $205.00 in a research note on Wednesday, February 5th. Jefferies Financial Group raised shares of Simon Property Group from a “hold” rating to a “buy” rating and lifted their price target for the stock from $179.00 to $198.00 in a research report on Thursday, January 2nd. Scotiabank lowered their price objective on shares of Simon Property Group from $186.00 to $159.00 and set a “sector perform” rating for the company in a research report on Wednesday, April 23rd. Stifel Nicolaus upgraded Simon Property Group from a “hold” rating to a “buy” rating and set a $168.50 target price on the stock in a report on Wednesday, April 9th. Finally, StockNews.com downgraded Simon Property Group from a “buy” rating to a “hold” rating in a report on Saturday, March 29th. Five analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $178.39.

About Representative Spartz

Victoria Spartz (Republican Party) is a member of the U.S. House, representing Indiana’s 5th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.

Spartz (Republican Party) is running for re-election to the U.S. House to represent Indiana’s 5th Congressional District. She declared candidacy for the 2026 election.

Victoria Spartz lives in Noblesville, Indiana. Spartz earned a B.S. and M.B.A. from the National University of Economics in Ukraine, and a master’s degree in professional accountancy from Indiana University’s Kelley School of Business. Her career experience includes working as a certified public accountant, an adjunct professor at Indiana University Kelley School of Business, the CFO of the Indiana Attorney General’s office, and owning a business.

Simon Property Group Company Profile

Simon Property Group, Inc (NYSE:SPG) is a self-administered and self-managed real estate investment trust (REIT). Simon Property Group, L.P., or the Operating Partnership, is our majority-owned partnership subsidiary that owns all of our real estate properties and other assets. In this package, the terms Simon, we, our, or the Company refer to Simon Property Group, Inc, the Operating Partnership, and its subsidiaries.