Capital World Investors Has $1.57 Billion Stock Holdings in Simon Property Group, Inc. $SPG

Key Points

• Capital World Investors raised its stake in Simon Property Group by 45% in Q3 to 8,384,133 shares — roughly 2.57% of the company — valued at about $1.57 billion per its latest 13F filing.
• Simon Property Group declared a quarterly dividend of $2.20 (annualized $8.80) yielding ~4.6% and authorized a $2.00 billion stock buyback (up to 3.1% of shares), signaling management believes the shares may be undervalued.
• SPG beat quarterly EPS estimates ($3.49 vs. $3.47) with revenue up 13.2% and set FY2026 guidance of $13.00–$13.25 EPS, yet analysts retain a consensus "Hold" rating with an average target of $199.36 while the stock trades near $193.

Capital World Investors lifted its stake in shares of Simon Property Group, Inc. (NYSE:SPG - Free Report) by 45.0% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,384,133 shares of the real estate investment trust's stock after buying an additional 2,600,508 shares during the period. Capital World Investors owned about 2.57% of Simon Property Group worth $1,573,450,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the company. Silicon Valley Capital Partners acquired a new position in shares of Simon Property Group in the second quarter valued at approximately $30,000. VSM Wealth Advisory LLC bought a new stake in Simon Property Group during the 2nd quarter worth approximately $30,000. Atlantic Union Bankshares Corp increased its position in Simon Property Group by 143.0% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 209 shares of the real estate investment trust's stock valued at $39,000 after acquiring an additional 123 shares during the period. Salomon & Ludwin LLC bought a new position in shares of Simon Property Group during the third quarter valued at $39,000. Finally, City Holding Co. acquired a new position in shares of Simon Property Group during the third quarter worth $40,000. Institutional investors and hedge funds own 93.01% of the company's stock.

Analyst Upgrades and Downgrades

SPG has been the subject of several analyst reports. Morgan Stanley set a $205.00 target price on Simon Property Group in a research report on Friday, January 16th. UBS Group lifted their price objective on Simon Property Group from $180.00 to $189.00 and gave the stock a "neutral" rating in a research note on Thursday, January 8th. Mizuho set a $192.00 target price on shares of Simon Property Group in a research report on Friday, January 9th. Scotiabank boosted their price target on shares of Simon Property Group from $186.00 to $189.00 and gave the stock a "sector perform" rating in a research report on Wednesday, January 14th. Finally, Truist Financial upped their price objective on shares of Simon Property Group from $181.00 to $196.00 and gave the company a "hold" rating in a research note on Monday, March 2nd. Five investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $199.36.

Simon Property Group Trading Down 1.1%

NYSE:SPG opened at $192.76 on Tuesday. Simon Property Group, Inc. has a 12 month low of $136.34 and a 12 month high of $205.12. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 4.42. The stock has a market capitalization of $62.64 billion, a price-to-earnings ratio of 13.59, a PEG ratio of 6.42 and a beta of 1.35. The firm has a fifty day simple moving average of $191.98 and a two-hundred day simple moving average of $185.28.

Simon Property Group (NYSE:SPG - Get Free Report) last released its quarterly earnings data on Monday, February 2nd. The real estate investment trust reported $3.49 earnings per share (EPS) for the quarter, topping 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 company had revenue of $1.79 billion for the quarter, compared to analysts' expectations of $1.50 billion. During the same quarter in the prior year, the firm earned $3.68 EPS. The business's revenue was up 13.2% on a year-over-year basis. Simon Property Group has set its FY 2026 guidance at 13.000-13.250 EPS. Analysts expect that Simon Property Group, Inc. will post 12.54 EPS for the current fiscal year.

Simon Property Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 10th will be given a $2.20 dividend. The ex-dividend date of this dividend is Tuesday, March 10th. This represents a $8.80 annualized dividend and a yield of 4.6%. Simon Property Group's dividend payout ratio (DPR) is presently 62.06%.

Simon Property Group declared that its Board of Directors has initiated a stock buyback plan on Thursday, February 5th that authorizes the company to buyback $2.00 billion in outstanding shares. This buyback authorization authorizes the real estate investment trust to reacquire up to 3.1% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's leadership believes its shares are undervalued.

Insider Buying and Selling at Simon Property Group

In other Simon Property Group news, Director Gary M. Rodkin acquired 226 shares of the stock in a transaction on Wednesday, December 31st. The shares were purchased at an average price of $186.00 per share, for a total transaction of $42,036.00. Following the completion of the acquisition, the director owned 19,455 shares in the company, valued at approximately $3,618,630. This represents a 1.18% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Reuben S. Leibowitz acquired 480 shares of Simon Property Group stock in a transaction dated Wednesday, December 31st. The shares were acquired at an average price of $186.00 per share, with a total value of $89,280.00. Following the completion of the acquisition, the director directly owned 53,639 shares of the company's stock, valued at approximately $9,976,854. The trade was a 0.90% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have purchased a total of 2,192 shares of company stock worth $407,712 in the last ninety days. 8.60% of the stock is currently owned by corporate insiders.

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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