Integrity Alliance LLC. Makes New $989,000 Investment in Simon Property Group, Inc. $SPG

Key Points

• Integrity Alliance opened a new position in Simon Property Group, buying 4,924 shares valued at approximately $989,000. Institutional investors collectively own about 93% of the REIT’s stock.
• Simon reported quarterly revenue of $1.81 billion, up 13.3% year over year, and raised its 2026 real-estate FFO guidance to $13.30–$13.40 per share.
• The company raised its quarterly dividend from $2.25 to $2.30 per share, equivalent to $9.20 annually and a 4.1% yield. Analyst opinion remains mixed, with a consensus “Hold” rating and an average price target of $228.67.

Integrity Alliance LLC. bought a new position in Simon Property Group, Inc. (NYSE:SPG - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 4,924 shares of the real estate investment trust's stock, valued at approximately $989,000.

Other institutional investors also recently bought and sold shares of the company. Certified Advisory Corp purchased a new position in Simon Property Group in the 3rd quarter worth approximately $201,000. Bank Julius Baer & Co. Ltd Zurich increased its holdings in shares of Simon Property Group by 13.4% in the 3rd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 49,800 shares of the real estate investment trust's stock worth $10,001,000 after purchasing an additional 5,888 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Simon Property Group in the third quarter worth $21,073,000. Profund Advisors LLC lifted its holdings in shares of Simon Property Group by 27.8% during the third quarter. Profund Advisors LLC now owns 4,292 shares of the real estate investment trust's stock valued at $862,000 after purchasing an additional 934 shares in the last quarter. Finally, Vise Technologies Inc. lifted its holdings in shares of Simon Property Group by 35.2% during the third quarter. Vise Technologies Inc. now owns 14,841 shares of the real estate investment trust's stock valued at $2,980,000 after purchasing an additional 3,861 shares in the last quarter. 93.01% of the stock is owned by hedge funds and other institutional investors.

Simon Property Group News Summary

Here are the key news stories impacting Simon Property Group this week:

• Positive Sentiment: Simon raised its 2026 real-estate FFO guidance to $13.30–$13.40 per share, above the prior consensus cited in the reports, and increased its quarterly dividend. Simon Q3 results, guidance and dividend announcement
• Positive Sentiment: Revenue was $1.81 billion, ahead of the $1.63 billion estimate cited in the earnings report and up 13.3% year over year, signaling continued operating growth. Simon Property Group Q3 earnings report
• Neutral Sentiment: FFO estimates differ across reports: Zacks said FFO of $3.37 per share topped its $3.32 consensus, while a MarketScreener flash cited $3.09 versus FactSet’s $3.31 estimate. That discrepancy makes the quarter’s FFO performance less uniformly positive. Zacks Q3 FFO report
• Neutral Sentiment: Simon refinanced Colorado Mills mall with a $93 million loan. The transaction provides financing for the property, but the report offered no clear indication of a material near-term earnings impact. Colorado Mills refinancing report

Insider Transactions at Simon Property Group

In other news, Director Daniel C. Smith bought 350 shares of the stock in a transaction that occurred on Wednesday, September 30th. The shares were bought at an average price of $202.78 per share, for a total transaction of $70,973.00. Following the purchase, the director owned 34,830 shares in the company, valued at $7,062,827.40. This represents a 1.02% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Also, Director Stefan M. Selig bought 208 shares of the stock in a transaction that occurred on Wednesday, September 30th. The shares were purchased at an average price of $202.78 per share, for a total transaction of $42,178.24. Following the purchase, the director owned 34,020 shares in the company, valued at $6,898,575.60. This represents a 0.62% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders bought 1,668 shares of company stock valued at $338,237. Company insiders own 8.73% of the company's stock.

Wall Street Analysts Forecast Growth

SPG has been the topic of several recent analyst reports. LADENBURG THALM/SH SH increased their price objective on Simon Property Group from $250.00 to $275.00 and gave the company a "buy" rating in a research report on Tuesday, August 11th. Piper Sandler lowered their target price on shares of Simon Property Group from $285.00 to $254.00 and set an "overweight" rating on the stock in a research note on Monday, October 12th. UBS Group dropped their price target on shares of Simon Property Group from $222.00 to $205.00 and set a "neutral" rating on the stock in a report on Friday, October 9th. Mizuho raised their price target on shares of Simon Property Group from $211.00 to $226.00 and gave the company a "neutral" rating in a report on Thursday, August 27th. Finally, Jefferies Financial Group cut their price objective on Simon Property Group from $278.00 to $252.00 and set a "buy" rating for the company in a report on Monday, October 12th. Nine investment analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $228.67.

Simon Property Group Stock Performance

NYSE:SPG opened at $227.00 on Friday. The stock has a 50-day simple moving average of $207.69 and a two-hundred day simple moving average of $206.54. Simon Property Group, Inc. has a 52-week low of $177.88 and a 52-week high of $238.50. The company has a debt-to-equity ratio of 5.19, a quick ratio of 1.05 and a current ratio of 1.05. The firm has a market capitalization of $73.45 billion, a PE ratio of 16.01, a P/E/G ratio of 3.52 and a beta of 1.27.

Simon Property Group (NYSE:SPG - Get Free Report) last posted its quarterly earnings data on Thursday, November 5th. The real estate investment trust reported $3.37 EPS for the quarter, topping the consensus estimate of $1.69 by $1.68. The firm had revenue of $1.81 billion for the quarter, compared to the consensus estimate of $1.63 billion. Simon Property Group had a return on equity of 89.32% and a net margin of 66.56%. The business's revenue for the quarter was up 13.3% compared to the same quarter last year. During the same quarter last year, the company earned $3.22 earnings per share. Simon Property Group has set its FY 2026 guidance at 13.300-13.400 EPS. Analysts forecast that Simon Property Group, Inc. will post 13.24 EPS for the current year.

Simon Property Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Thursday, December 10th will be paid a $2.30 dividend. This represents a $9.20 dividend on an annualized basis and a dividend yield of 4.1%. This is a boost from Simon Property Group's previous quarterly dividend of $2.25. The ex-dividend date of this dividend is Thursday, December 10th. Simon Property Group's dividend payout ratio is currently 63.47%.

About Simon Property Group

Simon Property Group, Inc is a self-administered and self-managed real estate investment trust that owns, develops, and operates premier shopping, dining, entertainment, and mixed-use destinations. Its portfolio includes regional malls, premium outlet centers, and other retail properties designed to serve both local shoppers and visitors.

The company's properties feature a broad mix of retailers, restaurants, entertainment venues, and experiential offerings. Simon also provides property management, leasing, development, redevelopment, and marketing services associated with its real estate portfolio.

Simon Property Group was formed in 1993 through the combination of the retail real estate interests of the Simon and DeBartolo families.

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