Deutsche Bank AG Has $512.25 Million Stock Position in Simon Property Group, Inc. $SPG

Deutsche Bank AG lowered its stake in Simon Property Group, Inc. (NYSE:SPG) by 6.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,290,431 shares of the real estate investment trust’s stock after selling 155,113 shares during the quarter. Deutsche Bank AG’s holdings in Simon Property Group were worth $512,255,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Stance Capital LLC acquired a new stake in shares of Simon Property Group during the third quarter worth $26,000. Wilkerson Advisory Group LLC acquired a new position in Simon Property Group in the 4th quarter worth $29,000. SHP Wealth Management acquired a new position in Simon Property Group in the 4th quarter worth $34,000. Dynamic Wealth Strategies LLC increased its holdings in Simon Property Group by 195.8% during the 1st quarter. Dynamic Wealth Strategies LLC now owns 210 shares of the real estate investment trust’s stock worth $39,000 after purchasing an additional 139 shares in the last quarter. Finally, N.E.W. Advisory Services LLC increased its holdings in Simon Property Group by 335.0% during the 2nd quarter. N.E.W. Advisory Services LLC now owns 174 shares of the real estate investment trust’s stock worth $39,000 after purchasing an additional 134 shares in the last quarter. Institutional investors own 93.01% of the company’s stock.

Analyst Upgrades and Downgrades

SPG has been the topic of several recent research reports. Bank of America lifted their price target on Simon Property Group from $225.00 to $236.00 and gave the company a “buy” rating in a research note on Monday, June 29th. Stifel Nicolaus upped their price objective on Simon Property Group from $194.00 to $209.00 and gave the stock a “hold” rating in a research report on Tuesday, August 11th. Deutsche Bank Aktiengesellschaft downgraded Simon Property Group from a “buy” rating to a “hold” rating and set a $220.00 price objective for the company. in a report on Thursday, July 9th. Weiss Ratings raised Simon Property Group from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Wednesday, August 12th. Finally, Morgan Stanley boosted their target price on Simon Property Group from $205.00 to $207.00 and gave the company an “equal weight” rating in a research note on Tuesday, June 9th. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat, Simon Property Group has a consensus rating of “Hold” and a consensus price target of $222.87.

Simon Property Group Stock Up 0.7%

Simon Property Group stock opened at $221.16 on Tuesday. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 5.19. Simon Property Group, Inc. has a 1-year low of $172.09 and a 1-year high of $238.50. The company has a fifty day simple moving average of $222.58 and a 200 day simple moving average of $206.35. The company has a market cap of $71.72 billion, a P/E ratio of 15.60, a price-to-earnings-growth ratio of 2.74 and a beta of 1.30.

Simon Property Group (NYSE:SPG) last issued its quarterly earnings results on Monday, August 10th. The real estate investment trust reported $1.49 EPS for the quarter, missing the consensus estimate of $1.64 by ($0.15). Simon Property Group had a return on equity of 89.32% and a net margin of 66.56%.The business had revenue of $1.79 billion for the quarter, compared to the consensus estimate of $1.61 billion. During the same period last year, the firm earned $1.70 earnings per share. The company’s quarterly revenue was up 19.5% compared to the same quarter last year. Simon Property Group has set its FY 2026 guidance at 13.200-13.300 EPS. Research analysts anticipate that Simon Property Group, Inc. will post 13.2 earnings per share for the current fiscal year.

Simon Property Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Wednesday, September 9th will be given a $2.25 dividend. The ex-dividend date of this dividend is Wednesday, September 9th. This represents a $9.00 dividend on an annualized basis and a dividend yield of 4.1%. Simon Property Group’s payout ratio is currently 63.47%.

Insider Buying and Selling at Simon Property Group

In related news, Director Marta R. Stewart purchased 182 shares of the firm’s stock in a transaction on Tuesday, June 30th. The stock was purchased at an average cost of $223.16 per share, for a total transaction of $40,615.12. Following the completion of the purchase, the director directly owned 18,000 shares in the company, valued at $4,016,880. This trade represents a 1.02% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Glyn Aeppel purchased 243 shares of the stock in a transaction on Tuesday, June 30th. The shares were bought at an average cost of $223.36 per share, for a total transaction of $54,276.48. Following the transaction, the director directly owned 21,067 shares in the company, valued at approximately $4,705,525.12. The trade was a 1.17% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have purchased a total of 2,387 shares of company stock valued at $533,056 in the last ninety days. Insiders own 8.73% of the company’s stock.

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.