Swiss Life Asset Management Ltd Lowers Position in Simon Property Group, Inc. $SPG

Swiss Life Asset Management Ltd trimmed its position in shares of Simon Property Group, Inc. (NYSE:SPG) by 16.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,596 shares of the real estate investment trust’s stock after selling 5,955 shares during the quarter. Swiss Life Asset Management Ltd’s holdings in Simon Property Group were worth $5,479,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. increased its position in Simon Property Group by 15.5% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 66,720 shares of the real estate investment trust’s stock worth $12,521,000 after purchasing an additional 8,965 shares during the last quarter. Ontario Teachers Pension Plan Board acquired a new position in Simon Property Group in the 3rd quarter valued at about $3,598,000. National Pension Service boosted its holdings in Simon Property Group by 3.2% in the 3rd quarter. National Pension Service now owns 1,080,314 shares of the real estate investment trust’s stock valued at $202,743,000 after purchasing an additional 33,758 shares during the last quarter. Aew Capital Management L P grew its stake in shares of Simon Property Group by 90.9% in the 3rd quarter. Aew Capital Management L P now owns 530,155 shares of the real estate investment trust’s stock valued at $99,494,000 after buying an additional 252,510 shares during the period. Finally, Clark Capital Management Group Inc. grew its stake in shares of Simon Property Group by 1.7% in the 3rd quarter. Clark Capital Management Group Inc. now owns 247,032 shares of the real estate investment trust’s stock valued at $46,361,000 after buying an additional 4,177 shares during the period. 93.01% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Evercore set a $207.00 price target on shares of Simon Property Group in a research report on Tuesday. Truist Financial raised their target price 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. Barclays lifted their target price on Simon Property Group from $193.00 to $201.00 and gave the company an “equal weight” rating in a research report on Monday, April 13th. Morgan Stanley set a $205.00 price target on Simon Property Group in a research note on Friday, January 16th. Finally, Citigroup increased their price target on Simon Property Group from $185.00 to $189.00 and gave the stock a “neutral” rating in a report on Thursday, February 5th. Five investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $201.43.

Simon Property Group Stock Performance

NYSE:SPG opened at $200.51 on Thursday. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.90 and a current ratio of 0.84. The stock has a market capitalization of $65.16 billion, a P/E ratio of 13.93, a PEG ratio of 6.76 and a beta of 1.33. The company has a 50 day moving average price of $195.32 and a 200 day moving average price of $189.81. Simon Property Group, Inc. has a fifty-two week low of $155.44 and a fifty-two week high of $208.28.

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

Simon Property Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be issued a $2.25 dividend. The ex-dividend date is Tuesday, June 9th. This represents a $9.00 annualized dividend and a dividend yield of 4.5%. This is a boost from Simon Property Group’s previous quarterly dividend of $2.20. Simon Property Group’s dividend payout ratio (DPR) is presently 62.06%.

Simon Property Group declared that its Board of Directors has approved a share repurchase plan on Thursday, February 5th that permits the company to buyback $2.00 billion in shares. This buyback authorization permits the real estate investment trust to repurchase up to 3.1% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

Trending Headlines about Simon Property Group

Here are the key news stories impacting Simon Property Group this week:

• Positive Sentiment: SPG posted stronger-than-expected Q1 FFO and revenue, raised 2026 FFO guidance, and lifted its dividend 2.3%, reinforcing confidence in earnings growth and cash generation. SPG Q1 FFO Tops Estimates, Dividend and Guidance Raised
• Positive Sentiment: Goldman Sachs reiterated a Buy rating on SPG and kept a $225 price target, reflecting optimism about resilient operating performance and improved FFO outlook. Analyst Reiterates Buy on Simon Property Group Amid Raised FFO Guidance and Resilient Operating Performance
• Positive Sentiment: Coverage around SPG has remained constructive after earnings, with commentary noting the company’s strong occupancy, premium mall assets, and ability to benefit from consumer uncertainty better than many peers. Can Simon Property Group (SPG) Keep Climbing After Strong Q1 Results?
• Neutral Sentiment: Stifel Nicolaus raised its price target on SPG to $194 from $185 but maintained a Hold rating, suggesting the shares may have limited upside from current levels. Simon Property Group (NYSE:SPG) Given New $194.00 Price Target at Stifel Nicolaus
• Neutral Sentiment: Simon Property disclosed a new debt-and-financing risk tied to expanded buybacks, which could raise liquidity and refinancing concerns if capital returns remain aggressive. Simon Property’s Expanded Buybacks Raise Capital Allocation, Liquidity, and Refinancing Risks
• Neutral Sentiment: Simon Property also appeared in a general “Company News” roundup, but that item did not add any specific new catalyst for the stock. Company News for May 13, 2026

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.