Coppell Advisory Solutions LLC Invests $1.25 Million in Simon Property Group, Inc. $SPG

Key Points

• Coppell Advisory Solutions initiated a $1.25 million position in Simon Property Group during the second quarter, while institutional investors collectively own 93.01% of the REIT.
• Simon reported quarterly revenue of $1.79 billion, up 19.5% year over year, but adjusted earnings of $1.49 per share missed analysts’ $1.64 estimate. The company maintained fiscal 2026 EPS guidance of $13.20–$13.30.
• Simon declared a quarterly dividend of $2.25 per share, equivalent to $9.00 annually and a 4.3% yield. Analysts’ consensus rating remains “Hold,” with an average price target of $225.27.

Coppell Advisory Solutions LLC bought a new stake in shares of Simon Property Group, Inc. (NYSE:SPG - Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 5,603 shares of the real estate investment trust's stock, valued at approximately $1,253,000.

Other hedge funds have also recently bought and sold shares of the company. Ancora Advisors LLC acquired a new position in shares of Simon Property Group during the second quarter valued at about $27,000. Stance Capital LLC acquired a new stake in Simon Property Group during the third quarter worth about $26,000. Osbon Capital Management LLC bought a new position in Simon Property Group during the second quarter valued at about $32,000. Fiduciary Financial Advisors bought a new position in Simon Property Group during the second quarter valued at about $34,000. Finally, Wilkerson Advisory Group LLC acquired a new position in Simon Property Group in the 4th quarter valued at approximately $29,000. 93.01% of the stock is owned by institutional investors.

Simon Property Group Stock Performance

NYSE SPG opened at $210.15 on Thursday. The company has a 50 day moving average of $223.16 and a 200-day moving average of $208.36. Simon Property Group, Inc. has a 1-year low of $172.19 and a 1-year high of $238.50. The firm has a market cap of $68.00 billion, a price-to-earnings ratio of 14.82, a PEG ratio of 3.19 and a beta of 1.28. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 5.19.

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

Simon Property Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Wednesday, September 9th will be given a $2.25 dividend. This represents a $9.00 annualized dividend and a yield of 4.3%. The ex-dividend date is Wednesday, September 9th. Simon Property Group's payout ratio is 63.47%.

Insider Buying and Selling at Simon Property Group

In other news, Director Larry C. Glasscock purchased 397 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, with a total value of $88,681.86. Following the completion of the purchase, the director directly owned 45,902 shares of the company's stock, valued at $10,253,588.76. The trade was a 0.87% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Reuben S. Leibowitz acquired 508 shares of the business's stock in a transaction that occurred on Tuesday, June 30th. The stock was acquired at an average price of $223.38 per share, for a total transaction of $113,477.04. Following the completion of the acquisition, the director directly owned 55,797 shares of the company's stock, valued at $12,463,933.86. This trade represents a 0.92% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have acquired a total of 2,387 shares of company stock valued at $533,056 over the last ninety days. Company insiders own 8.73% of the company's stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on SPG. Weiss Ratings raised Simon Property Group from a "buy (b+)" rating to a "buy (a-)" rating in a report on Wednesday, August 12th. LADENBURG THALM/SH SH raised their target price on Simon Property Group from $250.00 to $275.00 and gave the stock a "buy" rating in a research report on Tuesday, August 11th. Truist Financial increased their price objective on shares of Simon Property Group from $196.00 to $215.00 and gave the company a "hold" rating in a research note on Tuesday, June 23rd. Citigroup raised their price objective on shares of Simon Property Group from $205.00 to $230.00 and gave the stock a "neutral" rating in a report on Monday, August 17th. Finally, Jefferies Financial Group upgraded shares of Simon Property Group to a "strong-buy" rating in a research report on Friday, June 26th. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and twelve have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $225.27.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source