Simon Property Group Inc (NYSE:SPG) Stock Sentiment Dropped to 0.93

June 27, 2018 - By Julia Strobel

Simon Property Group, Inc. (NYSE:SPG) Corporate Logo

“Big money” Positions

“Big money sentiment for Simon Property Group Inc (NYSE:SPG) in 2018 Q1 decreased to 0.93, according to SEC filings. So its down -0.06, from 2017Q4’s 0.99. 247 institutional investors increased or started new stock positions, while 267 sold and reduced equity positions in Simon Property Group Inc so the sentiment dived. These funds own 288.17 million shares, that’s down from 293.74 million shares in 2017Q4. Funds holding Simon Property Group Inc in top 10 changed to 26 from 29 for a decrease of 3. In total 59 funds closed positions, 208 reduced and 178 increased. Also 69 funds bought new Simon Property Group Inc stakes.

Significant Simon Property Group Inc Investors

Athena Capital Advisors Llc owns 410,760 shares in Simon Property Group Inc as of 2018 Q1. Simon Property Group Inc’s shareholder Resolution Capital Ltd owns 1.83 million shares as of 2018 Q1. Lasalle Investment Management Securities Llc reported 3.69 million shares. The New York-based fund Apg Asset Management Us Inc. have invested about 9.64% of the investment professional’s stock portfolio in Simon Property Group Inc. The Massachusetts-based fund Aew Capital Management L P holds 2.07 million shares or 9% of their stock exposure.

Simon Property Group, Inc. is an equity real estate investment trust.The firm is worth $61.47 billion. The firm invests in the real estate markets across the globe.The P/E ratio is 25.7. It engages in investment, ownership, management, and development of properties.

SPG is reaching $172.42 during the last trading session, after increased 0.01%.Currently Simon Property Group, Inc. is downtrending after 0.75% change in last June 27, 2017. SPG has 314,896 shares volume. SPG underperformed the S&P 500 by 13.32%.

Simon Property Group, Inc. (NYSE:SPG)’s earnings report is expected on August, 7., Zacks reports. Analysts expect change of 17.41 % or $0.43 from previous year’s $2.47 EPS compared to current’s $2.90 EPS. If reported the P/E will be 14.86 with $1.03B profit. After $2.87 EPS report last quarter, Wall Street now forecasts 1.05 % EPS growth of Simon Property Group, Inc..

Omers Administration accumulated 1.48% or 989,146 shs. Quadrant Cap Mngmt Lc reported 1.53% in Simon Property Group, Inc. (NYSE:SPG). Merriman Wealth Management Limited Liability Corporation, Washington-based fund reported 13,451 shs. Ingalls & Snyder Lc invested in 0.16% or 21,474 shs. Meeder Asset holds 0.63% or 44,061 shs in its capital. State Treasurer State Of Michigan invested in 91,598 shs or 0.11% of the stock. Dupont Management accumulated 0.26% or 69,410 shs. Los Angeles Capital Mgmt & Equity holds 0.03% of its capital in Simon Property Group, Inc. (NYSE:SPG) for 29,168 shs. Moreover, First Interstate Bank & Trust has 0% invested in Simon Property Group, Inc. (NYSE:SPG). Westpac Bk stated it has 472,578 shs. Citigroup Inc has 0.08% invested in Simon Property Group, Inc. (NYSE:SPG) for 639,103 shs. Panagora Asset Management Incorporated holds 0.11% or 175,712 shs in its capital. Moreover, Walleye Trading Limited Liability has 0.01% invested in Simon Property Group, Inc. (NYSE:SPG) for 9,065 shs. New York-based Millennium Management Lc has invested 0.14% in Simon Property Group, Inc. (NYSE:SPG). Fayez Sarofim & invested in 0% or 3,696 shs.

Simon Property Group, Inc. (NYSE:SPG) Ratings Coverage

In total 8 analysts cover Simon Property (NYSE:SPG). “Buy” rating has 5, “Sell” are 0, while 3 are “Hold”. (NYSE:SPG) has 63% bullish analysts. With $240.0 highest and $170.0 lowest target price, Simon Property has $187.14 average target price or 8.54% above the current ($172.42) price. 10 are the (NYSE:SPG)’s ratings reports on 27 Jun 2018 according to StockzIntelligence Inc. On Tuesday, May 1 the stock of Simon Property Group, Inc. (NYSE:SPG) has “Outperform” rating given by Wells Fargo. In Wednesday, January 31 report Jefferies maintained the stock with “Buy” rating. On Wednesday, January 31 the stock of Simon Property Group, Inc. (NYSE:SPG) has “Hold” rating given by RBC Capital Markets. The company rating was maintained by Jefferies on Monday, February 12. In Tuesday, March 27 report JP Morgan downgraded the stock to “Neutral” rating. On Monday, February 26 the rating was maintained by Barclays Capital with “Overweight”. The stock rating was downgraded by J.P. Morgan to “Hold” on Tuesday, March 27. In Tuesday, January 9 report BMO Capital Markets maintained the stock with “Buy” rating. On Monday, April 30 Boenning & Scattergood maintained the shares of SPG in report with “Buy” rating. On Thursday, February 1 the stock of Simon Property Group, Inc. (NYSE:SPG) has “Buy” rating given by Boenning & Scattergood.

For more Simon Property Group, Inc. (NYSE:SPG) news posted recently go to: Seekingalpha.com, Seekingalpha.com, Bizjournals.com, Fool.com or Seekingalpha.com. The titles are as follows: “Simon to redevelop Sears sites int new fitness, entertainment, dining concepts” posted on May 31, 2018, “Hersha Hospitality Trust: An Unusual Divergence Creates A 7% Yield For Dividend Investors” on June 01, 2018, “Lifestyle brand snags prime SouthPark space” with a publish date: June 26, 2018, “The 10 Largest REIT Stocks — Which Are the Best Buys Now?” and the last “Tanger Factory Outlet Centers: A Dividend Aristocrat On Sale” with publication date: June 12, 2018.

Simon Property Group, Inc. (NYSE:SPG) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: