Simon Property Group, Inc. $SPG Shares Acquired by Cascade Financial Partners LLC

Posted by Francis Steltz on May 18th, 2026

Cascade Financial Partners LLC lifted its position in shares of Simon Property Group, Inc. (NYSE:SPG – Free Report) by 68.5% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 7,777 shares of the real estate investment trust’s stock after purchasing an additional 3,162 shares during the period. Cascade Financial Partners LLC’s holdings in Simon Property Group were worth $1,440,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the stock. Embree Financial Group increased its holdings in Simon Property Group by 2.4% in the 4th quarter. Embree Financial Group now owns 2,414 shares of the real estate investment trust’s stock valued at $447,000 after purchasing an additional 56 shares in the last quarter. O ROURKE & COMPANY Inc increased its holdings in Simon Property Group by 2.8% in the 4th quarter. O ROURKE & COMPANY Inc now owns 2,124 shares of the real estate investment trust’s stock valued at $393,000 after purchasing an additional 57 shares in the last quarter. Washington Trust Bank increased its holdings in Simon Property Group by 3.5% in the 4th quarter. Washington Trust Bank now owns 1,776 shares of the real estate investment trust’s stock valued at $329,000 after purchasing an additional 60 shares in the last quarter. Colonial Trust Co SC increased its holdings in Simon Property Group by 25.7% in the 3rd quarter. Colonial Trust Co SC now owns 318 shares of the real estate investment trust’s stock valued at $59,000 after purchasing an additional 65 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB increased its holdings in Simon Property Group by 4.3% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,582 shares of the real estate investment trust’s stock valued at $293,000 after purchasing an additional 65 shares in the last quarter. 93.01% of the stock is currently owned by institutional investors and hedge funds.

Simon Property Group Stock Down 0.0%

Shares of Simon Property Group stock opened at $199.98 on Monday. The business has a 50-day moving average of $195.27 and a 200-day moving average of $190.13. The company has a debt-to-equity ratio of 4.68, a current ratio of 0.84 and a quick ratio of 0.84. The company has a market capitalization of $64.98 billion, a PE ratio of 13.90, a P/E/G ratio of 3.62 and a beta of 1.33. Simon Property Group, Inc. has a 1-year low of $155.44 and a 1-year high of $208.28.

Simon Property Group (NYSE:SPG – Get Free Report) last announced its earnings results on Monday, May 11th. The real estate investment trust reported $1.48 earnings per share for the quarter, beating the consensus estimate of $1.46 by $0.02. The company had revenue of $1.76 billion during the quarter, compared to the consensus estimate of $1.54 billion. Simon Property Group had a return on equity of 104.54% and a net margin of 70.60%.The company’s revenue was up 19.3% on a year-over-year basis. During the same period last year, the firm earned $2.95 earnings per share. Simon Property Group has set its FY 2026 guidance at 13.100-13.250 EPS. As a group, equities analysts forecast that Simon Property Group, Inc. will post 13.2 EPS for the current fiscal year.

Simon Property Group declared that its Board of Directors has approved a stock repurchase program on Thursday, February 5th that authorizes the company to buyback $2.00 billion in outstanding shares. This buyback authorization authorizes the real estate investment trust to reacquire up to 3.1% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board believes its stock is undervalued.

Simon Property Group Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th will be paid a dividend of $2.25 per share. This is a boost from Simon Property Group’s previous quarterly dividend of $2.20. This represents a $9.00 annualized dividend and a dividend yield of 4.5%. The ex-dividend date is Tuesday, June 9th. Simon Property Group’s payout ratio is 61.15%.

Analysts Set New Price Targets

Several analysts recently issued reports on SPG shares. Evercore set a $207.00 price target on Simon Property Group in a report on Tuesday, May 12th. Scotiabank increased their price target on Simon Property Group from $189.00 to $192.00 and gave the company a “sector perform” rating in a report on Tuesday, March 24th. Stifel Nicolaus increased their price target on Simon Property Group from $185.00 to $194.00 and gave the company a “hold” rating in a report on Tuesday, May 12th. JPMorgan Chase & Co. increased their price target on Simon Property Group from $198.00 to $210.00 and gave the company a “neutral” rating in a report on Friday, February 6th. Finally, Deutsche Bank Aktiengesellschaft upgraded Simon Property Group from a “hold” rating to a “buy” rating and set a $205.00 price target for the company in a report on Tuesday, January 20th. Five investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $202.57.

Read Our Latest Analysis on SPG

About Simon Property Group

(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.

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.