Simon Property Group, Inc. $SPG Shares Sold by QRG Capital Management Inc.

17 Jan 2026, 12:33 by Kim Johansen · The Markets Daily

QRG Capital Management Inc. lessened its stake in Simon Property Group, Inc. (NYSE:SPG – Free Report) by 46.1% in the 3rd quarter, Holdings Channel.com reports. The firm owned 114,404 shares of the real estate investment trust’s stock after selling 97,719 shares during the period. QRG Capital Management Inc.’s holdings in Simon Property Group were worth $21,470,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Legacy Wealth Asset Management LLC grew its stake in shares of Simon Property Group by 0.5% in the 2nd quarter. Legacy Wealth Asset Management LLC now owns 13,768 shares of the real estate investment trust’s stock valued at $2,213,000 after buying an additional 66 shares during the period. Wedmont Private Capital grew its position in Simon Property Group by 1.0% in the second quarter. Wedmont Private Capital now owns 7,040 shares of the real estate investment trust’s stock worth $1,147,000 after acquiring an additional 68 shares during the period. PFS Partners LLC grew its position in Simon Property Group by 13.6% in the second quarter. PFS Partners LLC now owns 568 shares of the real estate investment trust’s stock worth $91,000 after acquiring an additional 68 shares during the period. Wealth Alliance LLC increased its stake in Simon Property Group by 1.9% during the second quarter. Wealth Alliance LLC now owns 3,845 shares of the real estate investment trust’s stock worth $618,000 after acquiring an additional 70 shares during the last quarter. Finally, SageView Advisory Group LLC raised its position in Simon Property Group by 3.5% in the second quarter. SageView Advisory Group LLC now owns 2,080 shares of the real estate investment trust’s stock valued at $344,000 after purchasing an additional 71 shares during the period. Institutional investors and hedge funds own 93.01% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Evercore ISI increased their price target on Simon Property Group from $187.00 to $188.00 and gave the stock an “in-line” rating in a report on Friday, October 17th. Citigroup upped their price target on Simon Property Group from $170.00 to $185.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 26th. Mizuho set a $192.00 price objective on Simon Property Group in a research note on Friday, January 9th. Barclays reiterated a “positive” rating and issued a $188.00 target price on shares of Simon Property Group in a report on Tuesday. Finally, Morgan Stanley set a $205.00 price target on Simon Property Group in a report on Friday. Five analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $193.85.

Check Out Our Latest Stock Analysis on Simon Property Group

Simon Property Group Stock Performance

Shares of Simon Property Group stock opened at $184.94 on Friday. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 9.59. Simon Property Group, Inc. has a 52 week low of $136.34 and a 52 week high of $190.13. The firm’s 50 day moving average is $184.11 and its two-hundred day moving average is $177.89. The firm has a market capitalization of $60.38 billion, a P/E ratio of 26.92, a P/E/G ratio of 8.68 and a beta of 1.37.

Simon Property Group (NYSE:SPG – Get Free Report) last issued its earnings results on Monday, November 3rd. The real estate investment trust reported $3.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.09 by $0.13. Simon Property Group had a net margin of 38.18% and a return on equity of 79.30%. The business had revenue of $1.60 billion during the quarter, compared to analysts’ expectations of $1.41 billion. During the same quarter in the prior year, the business posted $3.05 EPS. The company’s revenue for the quarter was up 8.2% on a year-over-year basis. Simon Property Group has set its FY 2025 guidance at 12.600-12.700 EPS. Research analysts forecast that Simon Property Group, Inc. will post 12.54 EPS for the current fiscal year.

Simon Property Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 10th were paid a $2.20 dividend. The ex-dividend date of this dividend was Wednesday, December 10th. This represents a $8.80 annualized dividend and a yield of 4.8%. This is an increase from Simon Property Group’s previous quarterly dividend of $2.15. Simon Property Group’s dividend payout ratio is presently 128.09%.

Insider Buying and Selling

In other news, Director Stefan M. Selig acquired 201 shares of Simon Property Group stock in a transaction that occurred on Wednesday, December 31st. The stock was purchased at an average price of $186.00 per share, for a total transaction of $37,386.00. Following the completion of the transaction, the director directly owned 32,277 shares in the company, valued at approximately $6,003,522. This trade represents a 0.63% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Gary M. Rodkin bought 226 shares of the company’s stock in a transaction on Wednesday, December 31st. The shares were acquired at an average price of $186.00 per share, for a total transaction of $42,036.00. Following the transaction, the director directly owned 19,455 shares in the company, valued at $3,618,630. This trade represents a 1.18% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders have acquired 2,192 shares of company stock worth $407,712. 8.66% of the stock is currently owned by insiders.

Simon Property Group Profile

(Free Report)

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.