Simon Property Group, Inc. $SPG Shares Bought by Independent Advisor Alliance

Independent Advisor Alliance boosted its holdings in shares of Simon Property Group, Inc. (NYSE:SPG) by 4.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 75,642 shares of the real estate investment trust’s stock after acquiring an additional 3,326 shares during the period. Independent Advisor Alliance’s holdings in Simon Property Group were worth $14,002,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Embree Financial Group raised its position in Simon Property Group by 2.4% during the fourth quarter. Embree Financial Group now owns 2,414 shares of the real estate investment trust’s stock worth $447,000 after acquiring an additional 56 shares during the last quarter. O ROURKE & COMPANY Inc grew its holdings in shares of Simon Property Group by 2.8% during the fourth quarter. O ROURKE & COMPANY Inc now owns 2,124 shares of the real estate investment trust’s stock worth $393,000 after buying an additional 57 shares in the last quarter. Washington Trust Bank grew its holdings 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 worth $329,000 after buying an additional 60 shares in the last quarter. Colonial Trust Co SC grew its holdings in shares of Simon Property Group by 25.7% during the third quarter. Colonial Trust Co SC now owns 318 shares of the real estate investment trust’s stock worth $59,000 after buying an additional 65 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB grew its holdings in shares of Simon Property Group by 4.3% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,582 shares of the real estate investment trust’s stock worth $293,000 after buying an additional 65 shares in the last quarter. Institutional investors and hedge funds own 93.01% of the company’s stock.

Simon Property Group Price Performance

SPG opened at $205.52 on Wednesday. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 4.42. Simon Property Group, Inc. has a 52-week low of $155.44 and a 52-week high of $208.28. The company has a 50 day moving average of $195.37 and a two-hundred day moving average of $189.66. The company has a market cap of $66.78 billion, a P/E ratio of 14.28, a P/E/G ratio of 6.61 and a beta of 1.33.

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

Simon Property Group announced that its board has authorized a stock 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 reacquire up to 3.1% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s board of directors believes its shares are undervalued.

Simon Property Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be issued a $2.25 dividend. This is a boost from Simon Property Group’s previous quarterly dividend of $2.20. This represents a $9.00 annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend is Tuesday, June 9th. Simon Property Group’s dividend payout ratio is currently 62.06%.

Key Simon Property Group News

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

• Positive Sentiment: Simon Property Group beat Q1 expectations on FFO and revenue, with occupancy holding at 96%, signaling solid demand for its premier mall portfolio. Simon Property (SPG) Q1 FFO and Revenues Top Estimates
• Positive Sentiment: The company raised its 2026 FFO guidance and increased its quarterly dividend by 2.3%, both of which are supportive for investor sentiment and income-focused holders. Simon Reports First Quarter 2026 Results, Increases Full Year 2026 Real Estate FFO Per Share Guidance and Raises Quarterly Dividend
• Positive Sentiment: Management said retailers are renewing leases earlier, suggesting healthy tenant demand and reinforcing the durability of Simon’s shopping center portfolio. Simon Property Group Sees Retailers Racing to Renew Leases
• Positive Sentiment: Goldman Sachs reiterated a Buy rating, and Stifel also lifted its price target, highlighting continued analyst optimism after the earnings update. Analyst Reiterates Buy on Simon Property Group Amid Raised FFO Guidance and Resilient Operating Performance
• Neutral Sentiment: Several commentaries argued that Simon Property remains a relatively safe place to invest in uncertain economic conditions, mainly due to its prime locations and diversified portfolio. Simon Property Group: The Place To Be When The Going Gets Tough
• Negative Sentiment: Stifel’s new $194 price target is below the current trading level, and its Hold rating suggests some upside may already be priced in after the recent run-up. Simon Property Group price target raised by Stifel Nicolaus

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on SPG shares. Weiss Ratings upgraded shares of Simon Property Group from a “buy (b)” rating to a “buy (b+)” rating in a report on Monday, May 4th. Piper Sandler reiterated an “overweight” rating and set a $230.00 price target (up from $225.00) on shares of Simon Property Group in a report on Tuesday, February 3rd. Truist Financial lifted their price target on shares of Simon Property Group from $181.00 to $196.00 and gave the stock a “hold” rating in a report on Monday, March 2nd. JPMorgan Chase & Co. lifted their price target on shares of Simon Property Group from $198.00 to $210.00 and gave the stock a “neutral” rating in a report on Friday, February 6th. Finally, Barclays lifted their price target on shares of Simon Property Group from $193.00 to $201.00 and gave the stock an “equal weight” rating in a report on Monday, April 13th. Five equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $201.43.

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.