24,746 Shares in Simon Property Group, Inc. $SPG Purchased by Bruni J V & Co. Co.

Key Points

• Bruni J V & Co. Co. acquired 24,746 shares of Simon Property Group in the second quarter, valued at approximately $5.53 billion and representing 0.5% of its portfolio. Institutional investors and hedge funds collectively own 93.01% of SPG.
• Simon Property Group reported quarterly revenue of $1.79 billion, up 19.5% year over year, but earnings of $1.49 per share fell short of the $1.64 consensus estimate. The company maintained 2026 EPS guidance of $13.20–$13.30.
• The REIT announced a quarterly dividend of $2.25 per share, equivalent to $9.00 annually and a 4.1% yield. Analysts’ consensus rating remains “Hold,” with an average price target of $222.87.

Bruni J V & Co. Co. acquired a new position in shares of Simon Property Group, Inc. (NYSE:SPG - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 24,746 shares of the real estate investment trust's stock, valued at approximately $5,534,443,000. Simon Property Group comprises 0.5% of Bruni J V & Co. Co.'s investment portfolio, making the stock its 29th biggest holding.

A number of other large investors also recently added to or reduced their stakes in the business. Stance Capital LLC bought a new position in shares of Simon Property Group in the 3rd quarter valued at about $26,000. Wilkerson Advisory Group LLC bought a new stake in shares of Simon Property Group during the fourth quarter worth approximately $29,000. N.E.W. Advisory Services LLC lifted its holdings in Simon Property Group by 335.0% in the second quarter. N.E.W. Advisory Services LLC now owns 174 shares of the real estate investment trust's stock valued at $39,000 after buying an additional 134 shares during the period. WPG Advisers LLC lifted its holdings in Simon Property Group by 40.3% in the second quarter. WPG Advisers LLC now owns 181 shares of the real estate investment trust's stock valued at $40,000 after buying an additional 52 shares during the period. Finally, SHP Wealth Management bought a new position in Simon Property Group in the fourth quarter valued at approximately $34,000. 93.01% of the stock is currently owned by institutional investors and hedge funds.

Simon Property Group Stock Down 0.3%

Shares of NYSE:SPG opened at $221.07 on Wednesday. The company has a 50 day moving average price of $222.76 and a two-hundred day moving average price of $206.61. The company has a debt-to-equity ratio of 5.19, a quick ratio of 1.05 and a current ratio of 1.05. The company has a market capitalization of $71.53 billion, a PE ratio of 15.59, a PEG ratio of 2.74 and a beta of 1.30. Simon Property Group, Inc. has a 52 week low of $172.09 and a 52 week high of $238.50.

Simon Property Group (NYSE:SPG - Get Free Report) last announced its quarterly earnings results on Monday, August 10th. The real estate investment trust reported $1.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.64 by ($0.15). Simon Property Group had a net margin of 66.56% and a return on equity of 89.32%. The firm had revenue of $1.79 billion during the quarter, compared to analyst estimates of $1.61 billion. During the same period last year, the firm earned $1.70 EPS. Simon Property Group's quarterly revenue was up 19.5% on a year-over-year basis. Simon Property Group has set its FY 2026 guidance at 13.200-13.300 EPS. Analysts forecast that Simon Property Group, Inc. will post 13.2 earnings per share for the current year.

Simon Property Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 9th will be issued a dividend of $2.25 per share. The ex-dividend date is Wednesday, September 9th. This represents a $9.00 annualized dividend and a yield of 4.1%. Simon Property Group's payout ratio is currently 63.47%.

Wall Street Analyst Weigh In

A number of analysts have commented on SPG shares. Jefferies Financial Group raised shares of Simon Property Group to a "strong-buy" rating in a report on Friday, June 26th. Evercore set a $215.00 price target on Simon Property Group in a research note on Tuesday, July 7th. Scotiabank raised their price target on Simon Property Group from $206.00 to $220.00 and gave the stock a "sector perform" rating in a research report on Thursday, June 18th. Piper Sandler lifted their price objective on Simon Property Group from $230.00 to $285.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 21st. Finally, JPMorgan Chase & Co. increased their target price on Simon Property Group from $210.00 to $217.00 and gave the company a "neutral" rating in a research note on Monday, June 1st. Two research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat, Simon Property Group presently has an average rating of "Hold" and a consensus price target of $222.87.

Insider Transactions at Simon Property Group

In other Simon Property Group news, Director Larry C. Glasscock purchased 397 shares of the company's stock in a transaction dated Tuesday, June 30th. The shares were bought at an average price of $223.38 per share, with a total value of $88,681.86. Following the completion of the transaction, the director directly owned 45,902 shares in the company, valued at $10,253,588.76. This trade represents a 0.87% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Reuben S. Leibowitz acquired 508 shares of the business's stock in a transaction dated Tuesday, June 30th. The shares were acquired at an average price of $223.38 per share, for a total transaction of $113,477.04. Following the acquisition, the director directly owned 55,797 shares in the company, valued at $12,463,933.86. This represents a 0.92% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders acquired 2,387 shares of company stock valued at $533,056. Insiders own 8.73% of the company's stock.

Simon Property Group 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.

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