Simon Property Group, Inc. $SPG Shares Sold by AIA Group Ltd

Key Points

• AIA Group cut its Simon Property Group stake by 96.6% in the third quarter, selling 41,345 shares and retaining 1,460 shares worth about $293,000.
• Simon reported quarterly revenue of $1.81 billion, up 13.3% year over year and above estimates, and raised its 2026 real-estate FFO guidance to $13.30–$13.40 per share.
• Analyst sentiment is mixed: nine analysts rate the stock a Buy and 13 a Hold, with a consensus rating of Hold and an average price target of $228.67.

AIA Group Ltd lessened its stake in Simon Property Group, Inc. (NYSE:SPG - Free Report) by 96.6% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,460 shares of the real estate investment trust's stock after selling 41,345 shares during the quarter. AIA Group Ltd's holdings in Simon Property Group were worth $293,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Ancora Advisors LLC acquired a new position in shares of Simon Property Group in the 2nd quarter valued at approximately $27,000. Osbon Capital Management LLC acquired a new stake in shares of Simon Property Group during the second quarter worth approximately $32,000. Fiduciary Financial Advisors acquired a new stake in shares of Simon Property Group during the second quarter worth approximately $34,000. N.E.W. Advisory Services LLC grew its position in shares of Simon Property Group by 335.0% during the second quarter. N.E.W. Advisory Services LLC now owns 174 shares of the real estate investment trust's stock worth $39,000 after buying an additional 134 shares in the last quarter. Finally, WPG Advisers LLC increased its stake in shares of Simon Property Group by 40.3% in the second quarter. WPG Advisers LLC now owns 181 shares of the real estate investment trust's stock worth $40,000 after buying an additional 52 shares during the last quarter. Institutional investors and hedge funds own 93.01% of the company's stock.

Simon Property Group News Roundup

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 Buying and Selling

In other news, Director Gary Rodkin purchased 232 shares of Simon Property Group stock in a transaction dated Wednesday, September 30th. The stock was bought at an average price of $202.78 per share, with a total value of $47,044.96. Following the completion of the acquisition, the director owned 21,248 shares in the company, valued at $4,308,669.44. The trade was a 1.10% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Marta Stewart purchased 199 shares of the stock in a transaction dated Wednesday, September 30th. The shares were purchased at an average price of $202.78 per share, with a total value of $40,353.22. Following the transaction, the director directly owned 18,199 shares of the company's stock, valued at approximately $3,690,393.22. The trade was a 1.11% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders purchased a total of 1,668 shares of company stock valued at $338,237 in the last three months. 8.73% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

SPG has been the topic of a number of research analyst reports. Jefferies Financial Group reduced their price objective on shares of Simon Property Group from $278.00 to $252.00 and set a "buy" rating on the stock in a research note on Monday, October 12th. Argus boosted their target price on shares of Simon Property Group from $210.00 to $230.00 and gave the stock a "buy" rating in a research report on Wednesday, September 16th. LADENBURG THALM/SH SH upped their target price on shares of Simon Property Group from $250.00 to $275.00 and gave the company a "buy" rating in a research note on Tuesday, August 11th. Weiss Ratings cut shares of Simon Property Group from a "buy (a-)" rating to a "buy (b)" rating in a research report on Thursday, October 8th. Finally, Evercore lifted their price target on Simon Property Group from $213.00 to $216.00 in a research note on Wednesday, October 28th. Nine research analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $228.67.

Simon Property Group Price Performance

Shares of NYSE:SPG opened at $227.00 on Friday. The company has a market cap of $73.45 billion, a PE ratio of 17.35, a P/E/G ratio of 3.52 and a beta of 1.27. Simon Property Group, Inc. has a fifty-two week low of $177.88 and a fifty-two week high of $238.50. The firm has a 50-day simple moving average of $207.69 and a 200 day simple moving average of $206.54. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 5.19.

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

Simon Property Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 9th were paid a $2.25 dividend. This represents a $9.00 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date was Wednesday, September 9th. Simon Property Group's dividend payout ratio (DPR) is presently 63.47%.

Simon Property Group Profile

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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