Oxford Financial Group LTD. LLC Invests $635,000 in Simon Property Group, Inc. $SPG

Oxford Financial Group LTD. LLC bought a new position in shares of Simon Property Group, Inc. (NYSE:SPG) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,838 shares of the real estate investment trust’s stock, valued at approximately $635,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in Simon Property Group by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 46,969,966 shares of the real estate investment trust’s stock valued at $8,694,610,000 after acquiring an additional 286,464 shares during the period. BlackRock Inc. lifted its stake in shares of Simon Property Group by 1.2% in the 2nd quarter. BlackRock Inc. now owns 37,269,192 shares of the real estate investment trust’s stock valued at $8,335,255,000 after purchasing an additional 455,543 shares during the period. State Street Corp boosted its holdings in Simon Property Group by 1.5% during the third quarter. State Street Corp now owns 21,765,492 shares of the real estate investment trust’s stock worth $4,084,730,000 after buying an additional 312,995 shares in the last quarter. Geode Capital Management LLC grew its position in Simon Property Group by 3.6% during the fourth quarter. Geode Capital Management LLC now owns 10,572,677 shares of the real estate investment trust’s stock valued at $1,950,967,000 after buying an additional 363,337 shares during the period. Finally, Capital World Investors raised its position in shares of Simon Property Group by 2.7% in the fourth quarter. Capital World Investors now owns 8,610,404 shares of the real estate investment trust’s stock worth $1,593,872,000 after acquiring an additional 226,271 shares during the period. 93.01% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Larry C. Glasscock bought 397 shares of the business’s stock in a transaction on Tuesday, June 30th. The stock was acquired at an average cost of $223.38 per share, with a total value of $88,681.86. Following the purchase, the director directly owned 45,902 shares of the company’s stock, valued at $10,253,588.76. The trade was a 0.87% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Glyn Aeppel purchased 243 shares of Simon Property Group stock in a transaction dated Tuesday, June 30th. The shares were bought at an average price of $223.36 per share, for a total transaction of $54,276.48. Following the acquisition, the director owned 21,067 shares in the company, valued at approximately $4,705,525.12. This trade represents a 1.17% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders acquired 2,387 shares of company stock worth $533,056. 8.73% of the stock is currently owned by company insiders.

Simon Property Group Stock Performance

SPG opened at $220.33 on Friday. Simon Property Group, Inc. has a twelve month low of $172.19 and a twelve month high of $238.50. The firm has a market capitalization of $71.29 billion, a PE ratio of 15.54, a PEG ratio of 2.78 and a beta of 1.30. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 5.19. The firm’s 50-day moving average price is $223.07 and its 200 day moving average price is $207.05.

Simon Property Group (NYSE:SPG) last released its quarterly earnings data on Monday, August 10th. The real estate investment trust reported $1.49 EPS for the quarter, missing analysts’ consensus estimates of $1.64 by ($0.15). The business had revenue of $1.79 billion during the quarter, compared to analyst estimates of $1.61 billion. Simon Property Group had a net margin of 66.56% and a return on equity of 89.32%. The firm’s revenue was up 19.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.70 EPS. Simon Property Group has set its FY 2026 guidance at 13.200-13.300 EPS. As a group, sell-side analysts expect that Simon Property Group, Inc. will post 13.2 EPS 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. Shareholders of record on Wednesday, September 9th will be issued a $2.25 dividend. This represents a $9.00 annualized dividend and a yield of 4.1%. The ex-dividend date is Wednesday, September 9th. Simon Property Group’s dividend payout ratio is presently 63.47%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on SPG. Deutsche Bank Aktiengesellschaft cut Simon Property Group from a “buy” rating to a “hold” rating and set a $220.00 target price on the stock. in a research report on Thursday, July 9th. Barclays raised their price objective on Simon Property Group from $213.00 to $215.00 and gave the company an “equal weight” rating in a report on Monday. Citigroup lifted their price target on shares of Simon Property Group from $205.00 to $230.00 and gave the company a “neutral” rating in a research note on Monday. UBS Group upped their price objective on shares of Simon Property Group from $199.00 to $222.00 and gave the stock a “neutral” rating in a research report on Thursday, July 9th. Finally, Stifel Nicolaus increased their price objective on shares of Simon Property Group from $194.00 to $209.00 and gave the company a “hold” rating in a report on Tuesday, August 11th. Two research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat.com, Simon Property Group has an average rating of “Hold” and a consensus target price of $223.00.

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.