Vise Technologies Inc. Increases Stock Position in Simon Property Group, Inc. $SPG

Vise Technologies Inc. increased its position in Simon Property Group, Inc. (NYSE:SPG) by 90.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,532 shares of the real estate investment trust’s stock after purchasing an additional 3,574 shares during the quarter. Vise Technologies Inc.’s holdings in Simon Property Group were worth $1,394,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. CYBER HORNET ETFs LLC boosted its stake in shares of Simon Property Group by 6.2% in the fourth quarter. CYBER HORNET ETFs LLC now owns 936 shares of the real estate investment trust’s stock valued at $173,000 after purchasing an additional 55 shares during the period. Embree Financial Group boosted its stake in Simon Property Group by 2.4% during the 4th quarter. Embree Financial Group now owns 2,414 shares of the real estate investment trust’s stock valued at $447,000 after acquiring an additional 56 shares during the last quarter. O ROURKE & COMPANY Inc boosted its stake in Simon Property Group by 2.8% during the 4th quarter. O ROURKE & COMPANY Inc now owns 2,124 shares of the real estate investment trust’s stock valued at $393,000 after acquiring an additional 57 shares during the last quarter. Washington Trust Bank boosted its stake in Simon Property Group by 3.5% during the 4th quarter. Washington Trust Bank now owns 1,776 shares of the real estate investment trust’s stock valued at $329,000 after acquiring an additional 60 shares during the last quarter. Finally, Colonial Trust Co SC boosted its stake in Simon Property Group by 25.7% during the 3rd quarter. Colonial Trust Co SC now owns 318 shares of the real estate investment trust’s stock valued at $59,000 after acquiring an additional 65 shares during the last quarter. 93.01% of the stock is currently owned by hedge funds and other institutional investors.

Simon Property Group Trading Down 1.5%

Simon Property Group stock opened at $207.24 on Tuesday. The firm’s 50-day moving average is $200.58 and its 200-day moving average is $192.89. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.84 and a current ratio of 0.84. Simon Property Group, Inc. has a 1 year low of $155.44 and a 1 year high of $211.68. The company has a market cap of $67.21 billion, a P/E ratio of 14.40, a PEG ratio of 3.80 and a beta of 1.31.

Simon Property Group (NYSE:SPG) last posted its quarterly earnings results on Monday, May 11th. The real estate investment trust reported $1.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.46 by $0.02. Simon Property Group had a net margin of 70.60% and a return on equity of 104.54%. The company had revenue of $1.76 billion for the quarter, compared to the consensus estimate of $1.54 billion. During the same period last year, the firm posted $2.95 EPS. The company’s revenue for the quarter was up 19.3% on a year-over-year basis. Simon Property Group has set its FY 2026 guidance at 13.100-13.250 EPS. On average, equities analysts expect that Simon Property Group, Inc. will post 13.2 earnings per share for the current year.

Simon Property Group Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th will be given a $2.25 dividend. This represents a $9.00 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date is Tuesday, June 9th. This is an increase from Simon Property Group’s previous quarterly dividend of $2.20. Simon Property Group’s payout ratio is 61.15%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on SPG shares. Stifel Nicolaus increased their price objective on shares of Simon Property Group from $185.00 to $194.00 and gave the company a “hold” rating in a research note on Tuesday, May 12th. Scotiabank increased their price objective on shares of Simon Property Group from $192.00 to $206.00 and gave the company a “sector perform” rating in a research note on Tuesday, May 19th. JPMorgan Chase & Co. increased their price objective on shares of Simon Property Group from $210.00 to $217.00 and gave the company a “neutral” rating in a research note on Monday, June 1st. Evercore set a $208.00 price objective on shares of Simon Property Group in a research note on Monday. Finally, UBS Group increased their price objective on shares of Simon Property Group from $189.00 to $199.00 and gave the company a “neutral” rating in a research note on Monday, May 18th. Five analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat, Simon Property Group has an average rating of “Hold” and an average target price of $205.64.

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.