Kepler Cheuvreux Suisse SA Acquires Shares of 26,537 Simon Property Group, Inc. $SPG

Key Points

• Kepler Cheuvreux Suisse SA bought a new stake of 26,537 shares of Simon Property Group (NYSE:SPG) in the third quarter, valued at about $4.98 million in its latest Form 13F filing.
• Simon announced a $2.00 billion share repurchase authorization (up to 3.1% of shares), declared a quarterly dividend of $2.20 (annualized yield ~4.6%), and reported an EPS beat with FY2026 guidance of 13.00–13.25, while institutional investors own roughly 93% of the stock.

Kepler Cheuvreux Suisse SA bought a new stake in Simon Property Group, Inc. (NYSE:SPG - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 26,537 shares of the real estate investment trust's stock, valued at approximately $4,980,000.

Several other institutional investors have also recently made changes to their positions in SPG. Vanguard Group Inc. raised its position in Simon Property Group by 1.8% in the 3rd quarter. Vanguard Group Inc. now owns 46,683,502 shares of the real estate investment trust's stock worth $8,761,093,000 after purchasing an additional 844,190 shares during the period. State Street Corp lifted its stake in Simon Property Group by 1.1% in the second quarter. State Street Corp now owns 21,452,497 shares of the real estate investment trust's stock worth $3,448,703,000 after purchasing an additional 228,819 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Simon Property Group by 1.3% during the second quarter. Geode Capital Management LLC now owns 9,592,471 shares of the real estate investment trust's stock valued at $1,536,565,000 after buying an additional 127,636 shares during the period. Capital World Investors boosted its position in shares of Simon Property Group by 45.0% during the third quarter. Capital World Investors now owns 8,384,133 shares of the real estate investment trust's stock valued at $1,573,450,000 after buying an additional 2,600,508 shares during the period. Finally, Norges Bank bought a new position in shares of Simon Property Group during the second quarter valued at approximately $1,051,262,000. Institutional investors own 93.01% of the company's stock.

Simon Property Group Stock Performance

Simon Property Group stock opened at $191.86 on Wednesday. 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 company has a market capitalization of $62.34 billion, a PE ratio of 13.53, a P/E/G ratio of 6.35 and a beta of 1.36. The company has a 50 day moving average price of $192.08 and a 200-day moving average price of $185.39. Simon Property Group, Inc. has a fifty-two week low of $136.34 and a fifty-two week high of $205.12.

Simon Property Group (NYSE:SPG - Get Free Report) last announced its quarterly earnings data on Monday, February 2nd. The real estate investment trust reported $3.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.47 by $0.02. The company had revenue of $1.79 billion for 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%.Simon Property Group's revenue was up 13.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.68 earnings per share. Simon Property Group has set its FY 2026 guidance at 13.000-13.250 EPS. As a group, equities 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 authorized a stock repurchase program on Thursday, February 5th that allows the company to repurchase $2.00 billion in shares. This repurchase authorization allows the real estate investment trust to buy up to 3.1% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's board believes its shares are undervalued.

Simon Property Group Announces Dividend

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

Insider Activity

In other news, Director Glyn Aeppel acquired 216 shares of the firm's stock in a transaction that occurred on Wednesday, December 31st. The stock was purchased at an average cost of $186.00 per share, for a total transaction of $40,176.00. Following the completion of the acquisition, the director directly owned 19,481 shares of the company's stock, valued at $3,623,466. The trade was a 1.12% increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Larry C. Glasscock acquired 363 shares of the stock in a transaction that occurred on Wednesday, December 31st. The stock was acquired at an average cost of $186.00 per share, with a total value of $67,518.00. Following the completion of the purchase, the director owned 43,899 shares of the company's stock, valued at $8,165,214. This trade represents a 0.83% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last 90 days, insiders have bought 2,192 shares of company stock valued at $407,712. Company insiders own 8.60% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on SPG. Truist Financial raised their price target on Simon Property Group from $181.00 to $196.00 and gave the stock a "hold" rating in a research note on Monday, March 2nd. Deutsche Bank Aktiengesellschaft raised Simon Property Group from a "hold" rating to a "buy" rating and set a $205.00 price objective on the stock in a research report on Tuesday, January 20th. Morgan Stanley set a $205.00 target price on Simon Property Group in a research note on Friday, January 16th. Weiss Ratings reiterated a "buy (b)" rating on shares of Simon Property Group in a research report on Friday, January 9th. Finally, Barclays boosted their target price on shares of Simon Property Group from $188.00 to $193.00 and gave the company an "equal weight" rating in a research note on Monday, March 2nd. Five analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $199.36.

Simon Property Group Profile

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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