Cantor Fitzgerald Investment Advisors L.P. Has $3.05 Million Position in Simon Property Group, Inc. $SPG

Key Points

• Cantor Fitzgerald Investment Advisors cut its stake in Simon Property Group by 58.3%, selling 22,981 shares and leaving it with 16,468 shares worth about $3.05 million; institutional investors now own roughly 93.01% of the stock.
• Simon slightly beat expectations with Q results (EPS $3.49 vs. $3.47 estimate; revenue $1.79B vs. $1.50B expected), reported revenue up 13.2% YoY, and set FY2026 guidance of 13.00–13.25 EPS (consensus ~12.54).
• The board approved a $2.0 billion share repurchase (up to ~3.1% of shares) and the company pays a quarterly dividend of $2.20 ($8.80 annualized, ~4.4% yield) with a payout ratio of ~62%

Cantor Fitzgerald Investment Advisors L.P. lessened its position in Simon Property Group, Inc. (NYSE:SPG - Free Report) by 58.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,468 shares of the real estate investment trust's stock after selling 22,981 shares during the period. Cantor Fitzgerald Investment Advisors L.P.'s holdings in Simon Property Group were worth $3,048,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Ritholtz Wealth Management increased its holdings in Simon Property Group by 3.4% in the 4th quarter. Ritholtz Wealth Management now owns 5,863 shares of the real estate investment trust's stock worth $1,085,000 after purchasing an additional 192 shares in the last quarter. Apollon Wealth Management LLC increased its holdings in Simon Property Group by 6.0% in the 4th quarter. Apollon Wealth Management LLC now owns 8,284 shares of the real estate investment trust's stock worth $1,533,000 after purchasing an additional 469 shares in the last quarter. Premier Path Wealth Partners LLC increased its holdings in Simon Property Group by 6.1% in the 4th quarter. Premier Path Wealth Partners LLC now owns 3,443 shares of the real estate investment trust's stock worth $637,000 after purchasing an additional 198 shares in the last quarter. Triad Wealth Partners LLC increased its holdings in Simon Property Group by 14.9% in the 4th quarter. Triad Wealth Partners LLC now owns 3,160 shares of the real estate investment trust's stock worth $585,000 after purchasing an additional 410 shares in the last quarter. Finally, LDR Capital Management LLC increased its holdings in Simon Property Group by 123.2% in the 4th quarter. LDR Capital Management LLC now owns 9,861 shares of the real estate investment trust's stock worth $1,825,000 after purchasing an additional 5,442 shares in the last quarter. Institutional investors and hedge funds own 93.01% of the company's stock.

Simon Property Group Trading Up 0.8%

Shares of SPG stock opened at $200.52 on Friday. The stock has a market cap of $65.16 billion, a price-to-earnings ratio of 14.14, a PEG ratio of 6.56 and a beta of 1.37. The stock has a 50-day moving average of $193.35 and a 200-day moving average of $186.48. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 4.42. Simon Property Group, Inc. has a 1-year low of $142.30 and a 1-year high of $205.12.

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

Simon Property Group announced that its Board of Directors has approved a stock repurchase plan on Thursday, February 5th that allows the company to buyback $2.00 billion in outstanding 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 often an indication that the company's board of directors believes its shares are undervalued.

Simon Property Group Dividend Announcement

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

Analyst Ratings Changes

SPG has been the subject of a number of recent research reports. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Simon Property Group in a report on Wednesday. Morgan Stanley set a $205.00 price target on Simon Property Group in a research note on Friday, January 16th. Stifel Nicolaus increased their price target on Simon Property Group from $184.00 to $185.00 and gave the company a "hold" rating in a research note on Tuesday, February 3rd. Scotiabank increased their price target on Simon Property Group from $189.00 to $192.00 and gave the company a "sector perform" rating in a research note on Tuesday, March 24th. Finally, Evercore increased their price target on Simon Property Group from $188.00 to $198.00 and gave the company an "in-line" rating in a research note on Tuesday, February 3rd. Five investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company's stock. According to MarketBeat.com, Simon Property Group presently has an average rating of "Hold" and an average target price of $199.57.

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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