B&I Capital AG Buys 15,350 Shares of Simon Property Group, Inc. $SPG

Key Points

• B&I Capital AG raised its stake in Simon Property Group by 28.4%, buying 15,350 shares to hold 69,385 shares (4.6% of its portfolio), valued at $12.844 million and making SPG its fifth-largest position.
• Simon Property Group authorized a $2.0 billion share buyback (about 3.1% of shares) and pays a $2.20 quarterly dividend (annualized $8.80, ~4.4% yield), indicating management is returning cash to shareholders.
• SPG slightly beat quarterly EPS estimates ($3.49 vs. $3.47) with revenue up 13.2% year-over-year, set FY2026 guidance of $13.00–$13.25 EPS, and has a market cap near $65.6 billion with a consensus analyst rating of "Hold" and a $200.14 target.

B&I Capital AG raised its stake in shares of Simon Property Group, Inc. (NYSE:SPG - Free Report) by 28.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 69,385 shares of the real estate investment trust's stock after buying an additional 15,350 shares during the period. Simon Property Group makes up 4.6% of B&I Capital AG's portfolio, making the stock its 5th biggest position. B&I Capital AG's holdings in Simon Property Group were worth $12,844,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Simon Property Group by 15.5% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 66,720 shares of the real estate investment trust's stock worth $12,521,000 after purchasing an additional 8,965 shares during the last quarter. Ontario Teachers Pension Plan Board acquired a new position in shares of Simon Property Group in the 3rd quarter worth approximately $3,598,000. National Pension Service grew its stake in shares of Simon Property Group by 3.2% in the 3rd quarter. National Pension Service now owns 1,080,314 shares of the real estate investment trust's stock worth $202,743,000 after purchasing an additional 33,758 shares during the last quarter. Aew Capital Management L P grew its stake in shares of Simon Property Group by 90.9% in the 3rd quarter. Aew Capital Management L P now owns 530,155 shares of the real estate investment trust's stock worth $99,494,000 after purchasing an additional 252,510 shares during the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its stake in shares of Simon Property Group by 8.4% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 119,798 shares of the real estate investment trust's stock worth $22,482,000 after purchasing an additional 9,267 shares during the last quarter. Institutional investors and hedge funds own 93.01% of the company's stock.

Simon Property Group Price Performance

NYSE SPG opened at $201.73 on Thursday. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 4.42. The stock has a market capitalization of $65.55 billion, a PE ratio of 14.23, a price-to-earnings-growth ratio of 6.69 and a beta of 1.37. The company has a 50 day moving average price of $193.92 and a two-hundred day moving average price of $186.87. Simon Property Group, Inc. has a 12-month low of $145.84 and a 12-month high of $205.12.

Simon Property Group (NYSE:SPG - Get Free Report) last posted its earnings results on Monday, February 2nd. The real estate investment trust reported $3.49 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.47 by $0.02. Simon Property Group had a net margin of 72.71% and a return on equity of 124.12%. The firm had revenue of $1.79 billion during the quarter, compared to analysts' expectations of $1.50 billion. During the same period in the previous year, the company earned $3.68 earnings per share. The company's revenue was up 13.2% compared to the same quarter last year. Simon Property Group has set its FY 2026 guidance at 13.000-13.250 EPS. As a group, equities analysts predict that Simon Property Group, Inc. will post 12.54 earnings per share for the current fiscal year.

Simon Property Group announced that its Board of Directors has authorized a share buyback program on Thursday, February 5th that permits the company to repurchase $2.00 billion in shares. This repurchase authorization permits the real estate investment trust to repurchase up to 3.1% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's management believes its shares are undervalued.

Simon Property Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 10th were paid a $2.20 dividend. This represents a $8.80 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date was Tuesday, March 10th. Simon Property Group's payout ratio is presently 62.06%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on SPG shares. UBS Group lifted their target price on shares of Simon Property Group from $180.00 to $189.00 and gave the stock a "neutral" rating in a research report on Thursday, January 8th. Weiss Ratings reissued a "buy (b)" rating on shares of Simon Property Group in a research report on Wednesday, April 8th. 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 report on Tuesday, March 24th. Deutsche Bank Aktiengesellschaft raised shares of Simon Property Group from a "hold" rating to a "buy" rating and set a $205.00 target price on the stock in a research report on Tuesday, January 20th. Finally, Evercore lifted their target price on shares of Simon Property Group from $188.00 to $198.00 and gave the stock an "in-line" rating in a research report on Tuesday, February 3rd. Five investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat.com, Simon Property Group currently has an average rating of "Hold" and a consensus price target of $200.14.

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.

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