Oddo BHF Asset Management Sas Has $2.63 Million Stock Holdings in Simon Property Group, Inc. $SPG

Oddo BHF Asset Management Sas lifted its holdings in shares of Simon Property Group, Inc. (NYSE:SPG) by 31.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 14,206 shares of the real estate investment trust’s stock after buying an additional 3,399 shares during the period. Oddo BHF Asset Management Sas’ holdings in Simon Property Group were worth $2,630,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Stance Capital LLC acquired a new position in shares of Simon Property Group during the 3rd quarter worth about $26,000. Wilkerson Advisory Group LLC acquired a new position in shares of Simon Property Group during the 4th quarter worth about $29,000. Tompkins Financial Corp acquired a new position in shares of Simon Property Group during the 4th quarter worth about $42,000. Cullen Frost Bankers Inc. boosted its stake in shares of Simon Property Group by 79.3% during the 4th quarter. Cullen Frost Bankers Inc. now owns 251 shares of the real estate investment trust’s stock worth $46,000 after buying an additional 111 shares during the last quarter. Finally, Camelot Portfolios LLC acquired a new position in shares of Simon Property Group during the 4th quarter worth about $53,000. 93.01% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on SPG shares. Evercore set a $208.00 price objective on shares of Simon Property Group in a research note on Monday, June 8th. Truist Financial boosted their target price on shares of Simon Property Group from $181.00 to $196.00 and gave the stock a “hold” rating in a report on Monday, March 2nd. Weiss Ratings downgraded shares of Simon Property Group from a “buy (a-)” rating to a “buy (b+)” rating in a report on Monday, June 1st. Barclays boosted their target price on shares of Simon Property Group from $201.00 to $212.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 19th. Finally, Morgan Stanley boosted their target price on shares of Simon Property Group from $205.00 to $207.00 and gave the stock an “equal weight” rating in a report on Tuesday, June 9th. Five investment 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 has an average rating of “Hold” and an average price target of $205.79.

Simon Property Group Stock Performance

SPG opened at $215.30 on Wednesday. Simon Property Group, Inc. has a 12-month low of $155.92 and a 12-month high of $220.43. The stock has a market cap of $69.82 billion, a price-to-earnings ratio of 14.96, a PEG ratio of 3.90 and a beta of 1.31. The business has a 50 day moving average of $204.07 and a 200-day moving average of $194.25. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 4.68.

Simon Property Group (NYSE:SPG) last released its quarterly earnings data 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 during the quarter, compared to analysts’ expectations of $1.54 billion. During the same period last year, the firm posted $2.95 earnings per share. The business’s revenue 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 research analysts expect that Simon Property Group, Inc. will post 13.21 earnings per share for the current year.

Simon Property Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be paid a $2.25 dividend. This is an increase from Simon Property Group’s previous quarterly dividend of $2.20. The ex-dividend date is Tuesday, June 9th. This represents a $9.00 dividend on an annualized basis and a yield of 4.2%. Simon Property Group’s dividend payout ratio (DPR) is currently 62.54%.

Simon Property Group Company 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.