Pacer Advisors Inc. Cuts Stock Position in Simon Property Group, Inc. $SPG

Pacer Advisors Inc. lowered its holdings in Simon Property Group, Inc. (NYSE:SPG) by 16.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 25,678 shares of the real estate investment trust’s stock after selling 5,011 shares during the period. Pacer Advisors Inc.’s holdings in Simon Property Group were worth $4,753,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of SPG. Stance Capital LLC purchased a new position in Simon Property Group in the third quarter worth $26,000. Atlantic Union Bankshares Corp boosted its position in Simon Property Group by 143.0% in the third quarter. Atlantic Union Bankshares Corp now owns 209 shares of the real estate investment trust’s stock worth $39,000 after purchasing an additional 123 shares during the last quarter. Tompkins Financial Corp purchased a new position in Simon Property Group in the fourth quarter worth $42,000. Richardson Financial Services Inc. boosted its position in Simon Property Group by 50.6% in the third quarter. Richardson Financial Services Inc. now owns 262 shares of the real estate investment trust’s stock worth $49,000 after purchasing an additional 88 shares during the last quarter. Finally, Camelot Portfolios LLC purchased a new position in Simon Property Group in the fourth quarter worth $53,000. Hedge funds and other institutional investors own 93.01% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on SPG shares. Deutsche Bank Aktiengesellschaft raised Simon Property Group from a “hold” rating to a “buy” rating and set a $205.00 price objective on the stock in a research report on Tuesday, January 20th. Barclays boosted their price objective on Simon Property Group from $193.00 to $201.00 and gave the stock an “equal weight” rating in a research report on Monday, April 13th. JPMorgan Chase & Co. boosted their price objective on Simon Property Group from $198.00 to $210.00 and gave the stock a “neutral” rating in a research report on Friday, February 6th. Morgan Stanley set a $205.00 target price on Simon Property Group in a research note on Friday, January 16th. Finally, Stifel Nicolaus boosted their target price on Simon Property Group from $185.00 to $194.00 and gave the company a “hold” rating in a research note on Tuesday. Five analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat, Simon Property Group presently has an average rating of “Hold” and an average target price of $201.43.

Simon Property Group Stock Performance

Shares of SPG opened at $200.51 on Thursday. The firm has a market cap of $65.16 billion, a PE ratio of 13.93, a PEG ratio of 6.76 and a beta of 1.33. The stock’s fifty day moving average price is $195.32 and its two-hundred day moving average price is $189.81. The company has a debt-to-equity ratio of 4.68, a current ratio of 0.84 and a quick ratio of 0.90. Simon Property Group, Inc. has a 1 year low of $155.44 and a 1 year high of $208.28.

Simon Property Group (NYSE:SPG) last issued its earnings results on Monday, May 11th. The real estate investment trust reported $1.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.46 by $0.02. Simon Property Group had a return on equity of 104.54% and a net margin of 70.60%.The firm had revenue of $1.76 billion for the quarter, compared to analyst estimates of $1.54 billion. During the same period in the previous year, the company posted $2.95 earnings per share. The business’s revenue was up 19.3% on a year-over-year basis. Simon Property Group has set its FY 2026 guidance at 13.100-13.250 EPS. On average, equities research analysts forecast that Simon Property Group, Inc. will post 13.2 EPS for the current year.

Simon Property Group Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be paid a dividend of $2.25 per share. This represents a $9.00 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date is Tuesday, June 9th. This is a positive change from Simon Property Group’s previous quarterly dividend of $2.20. Simon Property Group’s dividend payout ratio is presently 62.06%.

Simon Property Group declared that its Board of Directors has authorized a share repurchase program on Thursday, February 5th that allows the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization allows the real estate investment trust to purchase up to 3.1% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s leadership believes its shares are undervalued.

Trending Headlines about Simon Property Group

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

• Positive Sentiment: SPG posted stronger-than-expected Q1 FFO and revenue, raised 2026 FFO guidance, and lifted its dividend 2.3%, reinforcing confidence in earnings growth and cash generation. SPG Q1 FFO Tops Estimates, Dividend and Guidance Raised
• Positive Sentiment: Goldman Sachs reiterated a Buy rating on SPG and kept a $225 price target, reflecting optimism about resilient operating performance and improved FFO outlook. Analyst Reiterates Buy on Simon Property Group Amid Raised FFO Guidance and Resilient Operating Performance
• Positive Sentiment: Coverage around SPG has remained constructive after earnings, with commentary noting the company’s strong occupancy, premium mall assets, and ability to benefit from consumer uncertainty better than many peers. Can Simon Property Group (SPG) Keep Climbing After Strong Q1 Results?
• Neutral Sentiment: Stifel Nicolaus raised its price target on SPG to $194 from $185 but maintained a Hold rating, suggesting the shares may have limited upside from current levels. Simon Property Group (NYSE:SPG) Given New $194.00 Price Target at Stifel Nicolaus
• Neutral Sentiment: Simon Property disclosed a new debt-and-financing risk tied to expanded buybacks, which could raise liquidity and refinancing concerns if capital returns remain aggressive. Simon Property’s Expanded Buybacks Raise Capital Allocation, Liquidity, and Refinancing Risks
• Neutral Sentiment: Simon Property also appeared in a general “Company News” roundup, but that item did not add any specific new catalyst for the stock. Company News for May 13, 2026

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.