Simon Property Group, Inc. $SPG Shares Sold by Groupe la Francaise

Key Points

• Groupe la Francaise cut its Simon Property Group stake by 40.6% in the second quarter, selling 18,665 shares and retaining 27,311 shares valued at approximately $6.1 million. Institutional investors collectively own 93.01% of SPG.
• Simon Property Group reported quarterly revenue of $1.79 billion, up 19.5% year over year, but EPS of $1.49 fell short of analysts’ $1.64 estimate. The company maintained fiscal 2026 EPS guidance of $13.20–$13.30.
• The REIT 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 $228.14.

Groupe la Francaise decreased its position in Simon Property Group, Inc. (NYSE:SPG - Free Report) by 40.6% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 27,311 shares of the real estate investment trust's stock after selling 18,665 shares during the period. Groupe la Francaise's holdings in Simon Property Group were worth $6,108,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. Legal & General Group Plc raised its position in shares of Simon Property Group by 3.3% during the 4th quarter. Legal & General Group Plc now owns 3,783,976 shares of the real estate investment trust's stock worth $700,452,000 after purchasing an additional 122,186 shares during the last quarter. Nomura Asset Management Co. Ltd. raised its stake in Simon Property Group by 3.5% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 604,773 shares of the real estate investment trust's stock valued at $111,950,000 after purchasing an additional 20,477 shares during the last quarter. L & S Advisors Inc purchased a new position in Simon Property Group in the 4th quarter valued at $4,058,000. Northwestern Mutual Wealth Management Co. boosted its stake in Simon Property Group by 1,329.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 468,497 shares of the real estate investment trust's stock worth $86,723,000 after purchasing an additional 435,721 shares during the last quarter. Finally, Norges Bank purchased a new stake in shares of Simon Property Group during the fourth quarter worth $1,112,111,000. 93.01% of the stock is owned by hedge funds and other institutional investors.

Simon Property Group Trading Up 0.0%

Shares of Simon Property Group stock opened at $209.49 on Tuesday. The firm has a market capitalization of $67.78 billion, a price-to-earnings ratio of 14.77, a PEG ratio of 3.16 and a beta of 1.28. Simon Property Group, Inc. has a fifty-two week low of $172.19 and a fifty-two 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 stock has a 50 day moving average of $222.17 and a 200 day moving average of $208.60.

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

Simon Property Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 9th will be given a dividend of $2.25 per share. The ex-dividend date is Wednesday, September 9th. This represents a $9.00 dividend on an annualized basis and a dividend yield of 4.3%. Simon Property Group's dividend payout ratio (DPR) is currently 63.47%.

Wall Street Analyst Weigh In

SPG has been the topic of a number of recent research reports. Stifel Nicolaus boosted their price target on shares of Simon Property Group from $194.00 to $209.00 and gave the stock a "hold" rating in a research report on Tuesday, August 11th. JPMorgan Chase & Co. boosted their target price on Simon Property Group from $210.00 to $217.00 and gave the stock a "neutral" rating in a report on Monday, June 1st. Barclays upped their price target on Simon Property Group from $213.00 to $215.00 and gave the company an "equal weight" rating in a research report on Monday, August 17th. Deutsche Bank Aktiengesellschaft cut Simon Property Group from a "buy" rating to a "hold" rating and set a $220.00 price target for the company. in a report on Thursday, July 9th. Finally, Wolfe Research downgraded Simon Property Group from an "outperform" rating to a "peer perform" rating in a research report on Tuesday, June 30th. Two analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and twelve have issued a Hold rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $228.14.

Insiders Place Their Bets

In related news, Director Daniel Smith acquired 372 shares of the firm's stock in a transaction dated Tuesday, June 30th. The shares were purchased at an average cost of $223.31 per share, for a total transaction of $83,071.32. Following the acquisition, the director owned 34,480 shares in the company, valued at $7,699,728.80. The trade was a 1.09% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Glyn Aeppel acquired 243 shares of the stock in a transaction that occurred on Tuesday, June 30th. The shares were bought at an average cost of $223.36 per share, with a total value of $54,276.48. Following the transaction, the director directly owned 21,067 shares in the company, valued at $4,705,525.12. This trade represents a 1.17% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders bought 2,387 shares of company stock worth $533,056. Insiders own 8.73% of the company's stock.

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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