Bessemer Group Inc. lessened its position in shares of Simon Property Group, Inc. (NYSE:SPG – Free Report) by 1.4% during the third quarter, Holdings Channel reports. The institutional investor owned 978,743 shares of the real estate investment trust’s stock after selling 13,592 shares during the quarter. Bessemer Group Inc.’s holdings in Simon Property Group were worth $183,681,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors also recently added to or reduced their stakes in the company. Trust Co. of Toledo NA OH purchased a new stake in Simon Property Group during the second quarter valued at about $25,000. VSM Wealth Advisory LLC purchased a new stake in shares of Simon Property Group during the 2nd quarter valued at approximately $30,000. Silicon Valley Capital Partners purchased a new stake in shares of Simon Property Group during the 2nd quarter valued at approximately $30,000. Bell Investment Advisors Inc boosted its holdings in Simon Property Group by 205.6% in the 2nd quarter. Bell Investment Advisors Inc now owns 217 shares of the real estate investment trust’s stock worth $35,000 after buying an additional 146 shares during the period. Finally, Salomon & Ludwin LLC purchased a new position in Simon Property Group in the 3rd quarter valued at approximately $39,000. Hedge funds and other institutional investors own 93.01% of the company’s stock.
Insider Buying and Selling at Simon Property Group
In other Simon Property Group news, Director Larry C. Glasscock bought 363 shares of Simon Property Group stock in a transaction that occurred on Wednesday, December 31st. The shares were bought at an average price of $186.00 per share, with a total value of $67,518.00. Following the acquisition, the director owned 43,899 shares in the company, valued at approximately $8,165,214. This trade represents a 0.83% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Reuben S. Leibowitz purchased 480 shares of the stock in a transaction on Wednesday, December 31st. The stock was acquired at an average cost of $186.00 per share, with a total value of $89,280.00. Following the completion of the purchase, the director directly owned 53,639 shares of the company’s stock, valued at $9,976,854. The trade was a 0.90% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last three months, insiders purchased 2,192 shares of company stock valued at $407,712. 8.66% of the stock is currently owned by corporate insiders.
Simon Property Group Stock Up 3.3%
Simon Property Group (NYSE:SPG – Get Free Report) last posted its quarterly earnings data on Monday, February 2nd. The real estate investment trust reported $3.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.47 by $0.02. The firm had revenue of $1.79 billion during 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%.The company’s revenue for the quarter was up 13.2% compared to the same quarter last year. During the same period in the prior year, the business earned $3.68 EPS. Simon Property Group has set its FY 2026 guidance at 13.000-13.250 EPS. As a group, research analysts expect that Simon Property Group, Inc. will post 12.54 earnings per share for the current fiscal year.
Simon Property Group Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 10th will be given a dividend of $2.20 per share. This represents a $8.80 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date is Tuesday, March 10th. Simon Property Group’s dividend payout ratio (DPR) is presently 128.09%.
Trending Headlines about Simon Property Group
Here are the key news stories impacting Simon Property Group this week:
- Positive Sentiment: Reported record 2025 FFO, beat Q4 estimates and provided FY‑2026 FFO guidance (~$13.00–$13.25), citing strong leasing, higher base rents and mid‑single-digit domestic NOI growth — supports earnings durability and valuation. Simon Property outlines $13.13 FFO guidance & $4B pipeline
- Positive Sentiment: Announced an over $250M redevelopment program across three recently acquired/high‑end assets (The Mall at Green Hills, Cherry Creek Shopping Center, International Plaza) — signals active capex to drive higher rents and shopper traffic at premium centers. Transforming the Future of Luxury Retail: Simon Announces Major Redevelopments
- Positive Sentiment: Q4 metrics show robust leasing momentum and occupancy in the mid‑90% range at U.S. malls/outlets; Zacks notes FFO beat driven by revenue, rent and lease income gains. This operational strength underpins the dividend and buyback capacity. Simon Property Q4 FFO Beats Estimates (Zacks)
- Positive Sentiment: Raised dividend: quarterly payout announced ($2.20/share; ~4.6% yield annualized) and management continues repurchases — shareholder returns are being increased after record results. Simon Property Delivers Record 2025 Results, Hikes Dividend
- Positive Sentiment: Sell‑side support: Bank of America reiterated a Buy and highlights conservative 2026 FFO guidance, strong leasing and a high‑return redevelopment pipeline (price target above current levels). Buy Rating on Simon Property (TipRanks)
- Neutral Sentiment: Macro/valuation context — MarketBeat and others note that rate predictability (not necessarily big cuts) would help REITs; Simon is near the high end of its 52‑week range, so upside may be more tied to multiple expansion than operating surprise. 2 REITs That Look Attractive in a Stable Rate Environment
- Neutral Sentiment: Evercore raised its price target modestly but kept an “in‑line” rating, suggesting limited near‑term upside per that shop — a reminder analysts differ on how much multiple expansion remains. Evercore Raises SPG Price Target (The Fly)
Wall Street Analyst Weigh In
Several equities research analysts have issued reports on SPG shares. Piper Sandler restated an “overweight” rating and set a $230.00 target price (up previously from $225.00) on shares of Simon Property Group in a research report on Tuesday. 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 report on Tuesday, January 20th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Simon Property Group in a report on Friday, January 9th. Citigroup increased their price target on shares of Simon Property Group from $170.00 to $185.00 and gave the stock a “neutral” rating in a report on Wednesday, November 26th. Finally, Truist Financial boosted their price objective on shares of Simon Property Group from $169.00 to $181.00 and gave the company a “hold” rating in a research note on Wednesday, December 17th. Six equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $195.79.
Get Our Latest Stock Report on Simon Property Group
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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