Cbre Investment Management Listed Real Assets LLC Has $256.48 Million Stock Holdings in Simon Property Group, Inc. $SPG

Key Points

• CBRE Investment Management Listed Real Assets LLC trimmed its stake in Simon Property Group by 12.9% to 1,366,645 shares valued at $256.48 million, representing about 3.7% of the fund’s portfolio and roughly 0.42% of SPG.
• Simon Property authorized a $2.0 billion share repurchase (up to 3.1% of shares) and declared a $2.20 quarterly dividend (annualized $8.80, ~4.6% yield), highlighting a focus on returning capital to shareholders.
• Insiders bought stock recently—including directors Gary Rodkin and Larry Glasscock—with 2,192 shares purchased in the last 90 days (~$407,712); the company also posted a slight quarterly EPS beat and set FY2026 guidance of $13.00–$13.25 per share.

Cbre Investment Management Listed Real Assets LLC decreased its position in Simon Property Group, Inc. (NYSE:SPG - Free Report) by 12.9% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 1,366,645 shares of the real estate investment trust's stock after selling 201,853 shares during the period. Simon Property Group comprises approximately 3.7% of Cbre Investment Management Listed Real Assets LLC's portfolio, making the stock its 3rd biggest holding. Cbre Investment Management Listed Real Assets LLC owned about 0.42% of Simon Property Group worth $256,478,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Colonial Trust Co SC raised its holdings in Simon Property Group by 25.7% during the 3rd quarter. Colonial Trust Co SC now owns 318 shares of the real estate investment trust's stock valued at $59,000 after buying an additional 65 shares during the last quarter. Howard Capital Management Inc. increased its position in shares of Simon Property Group by 3.1% in the third quarter. Howard Capital Management Inc. now owns 2,175 shares of the real estate investment trust's stock valued at $408,000 after acquiring an additional 66 shares during the period. TIAA Trust National Association raised its stake in shares of Simon Property Group by 3.9% during the third quarter. TIAA Trust National Association now owns 1,774 shares of the real estate investment trust's stock valued at $333,000 after acquiring an additional 67 shares during the last quarter. Wealth Alliance LLC raised its stake in shares of Simon Property Group by 1.9% during the second quarter. Wealth Alliance LLC now owns 3,845 shares of the real estate investment trust's stock valued at $618,000 after acquiring an additional 70 shares during the last quarter. Finally, SageView Advisory Group LLC boosted its holdings in shares of Simon Property Group by 3.5% during the second quarter. SageView Advisory Group LLC now owns 2,080 shares of the real estate investment trust's stock worth $344,000 after purchasing an additional 71 shares during the period. 93.01% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Simon Property Group news, Director Gary M. Rodkin purchased 226 shares of the stock in a transaction that occurred on Wednesday, December 31st. The stock was bought at an average cost of $186.00 per share, with a total value of $42,036.00. Following the transaction, the director directly owned 19,455 shares in the company, valued at approximately $3,618,630. The trade was a 1.18% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Larry C. Glasscock acquired 363 shares of the company's stock in a transaction that occurred on Wednesday, December 31st. The shares were acquired at an average cost of $186.00 per share, for a total transaction of $67,518.00. Following the purchase, the director directly owned 43,899 shares of the company's stock, valued at $8,165,214. This represents a 0.83% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders purchased 2,192 shares of company stock worth $407,712 over the last 90 days. Corporate insiders own 8.66% of the company's stock.

Simon Property Group Stock Down 1.4%

Shares of NYSE:SPG opened at $189.47 on Thursday. The firm has a market capitalization of $61.57 billion, a P/E ratio of 13.36, a P/E/G ratio of 6.33 and a beta of 1.36. The company has a debt-to-equity ratio of 4.42, a quick ratio of 0.90 and a current ratio of 0.90. The stock has a 50 day moving average price of $192.17 and a 200-day moving average price of $185.41. Simon Property Group, Inc. has a 52-week low of $136.34 and a 52-week high of $205.12.

Simon Property Group (NYSE:SPG - Get Free Report) last released 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 for the quarter, compared to analyst estimates of $1.50 billion. Simon Property Group had a return on equity of 124.12% and a net margin of 72.71%.The firm's revenue was up 13.2% on a year-over-year basis. During the same period in the previous year, the company posted $3.68 earnings per share. Simon Property Group has set its FY 2026 guidance at 13.000-13.250 EPS. As a group, equities research analysts anticipate that Simon Property Group, Inc. will post 12.54 EPS for the current fiscal year.

Simon Property Group announced that its board has authorized a stock repurchase program on Thursday, February 5th that authorizes the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization authorizes the real estate investment trust to reacquire up to 3.1% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's leadership believes its stock is undervalued.

Simon Property Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders 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 dividend on an annualized basis and a dividend yield of 4.6%. Simon Property Group's dividend payout ratio is currently 62.06%.

Analyst Ratings Changes

A number of brokerages recently issued reports on SPG. Piper Sandler restated 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. Evercore increased their price objective on Simon Property Group from $188.00 to $198.00 and gave the stock an "in-line" rating in a report on Tuesday, February 3rd. Weiss Ratings reissued a "buy (b)" rating on shares of Simon Property Group in a research note on Friday, January 9th. Mizuho set a $192.00 target price on Simon Property Group in a report on Friday, January 9th. Finally, Scotiabank raised their price target on Simon Property Group from $186.00 to $189.00 and gave the stock a "sector perform" rating in a research note on Wednesday, January 14th. 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, Simon Property Group has a consensus rating of "Hold" and a consensus price target of $199.36.

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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