ProShare Advisors LLC Boosts Stock Position in Simon Property Group, Inc. $SPG

Posted by Brian Himes on May 22nd, 2026

ProShare Advisors LLC raised its stake in Simon Property Group, Inc. (NYSE:SPG – Free Report) by 5.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 68,808 shares of the real estate investment trust’s stock after purchasing an additional 3,804 shares during the period. ProShare Advisors LLC’s holdings in Simon Property Group were worth $12,737,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. grew its stake in Simon Property Group by 15.5% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 66,720 shares of the real estate investment trust’s stock valued at $12,521,000 after purchasing an additional 8,965 shares during the last quarter. Ontario Teachers Pension Plan Board purchased a new position in Simon Property Group in the third quarter valued at about $3,598,000. National Pension Service grew its stake in Simon Property Group by 3.2% in the third quarter. National Pension Service now owns 1,080,314 shares of the real estate investment trust’s stock valued at $202,743,000 after purchasing an additional 33,758 shares during the last quarter. Clark Capital Management Group Inc. grew its stake in Simon Property Group by 1.7% in the third quarter. Clark Capital Management Group Inc. now owns 247,032 shares of the real estate investment trust’s stock valued at $46,361,000 after purchasing an additional 4,177 shares during the last quarter. Finally, Aew Capital Management L P grew its stake in Simon Property Group by 90.9% in the third quarter. Aew Capital Management L P now owns 530,155 shares of the real estate investment trust’s stock valued at $99,494,000 after purchasing an additional 252,510 shares during the last quarter. Hedge funds and other institutional investors own 93.01% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on SPG. JPMorgan Chase & Co. boosted their price target on Simon Property Group from $198.00 to $210.00 and gave the stock a “neutral” rating in a research note on Friday, February 6th. Evercore set a $207.00 price target on Simon Property Group in a research note on Tuesday, May 12th. Piper Sandler restated an “overweight” rating and set a $230.00 price target (up from $225.00) on shares of Simon Property Group in a research note on Tuesday, February 3rd. Scotiabank boosted their price target on Simon Property Group from $192.00 to $206.00 and gave the stock a “sector perform” rating in a research note on Tuesday. Finally, Stifel Nicolaus boosted their price target on Simon Property Group from $185.00 to $194.00 and gave the stock a “hold” rating in a research note on Tuesday, May 12th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $205.07.

View Our Latest Report on SPG

Simon Property Group Trading Up 0.5%

Simon Property Group stock opened at $205.11 on Friday. 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, Inc. has a 52 week low of $155.44 and a 52 week high of $208.28. The company has a market capitalization of $66.65 billion, a price-to-earnings ratio of 14.25, a price-to-earnings-growth ratio of 3.69 and a beta of 1.33. The stock has a 50-day moving average price of $195.87 and a 200 day moving average price of $190.90.

Simon Property Group (NYSE:SPG – Get Free Report) last released its earnings results on Monday, May 11th. The real estate investment trust reported $1.48 EPS for the quarter, topping 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 firm had revenue of $1.76 billion during the quarter, compared to the consensus estimate of $1.54 billion. During the same quarter in the previous year, the company posted $2.95 earnings per share. The company’s revenue was up 19.3% compared to the same quarter last year. Simon Property Group has set its FY 2026 guidance at 13.100-13.250 EPS. Sell-side analysts anticipate that Simon Property Group, Inc. will post 13.2 EPS for the current year.

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

Simon Property Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th will be issued a $2.25 dividend. The ex-dividend date of this dividend is Tuesday, June 9th. This is a boost from Simon Property Group’s previous quarterly dividend of $2.20. This represents a $9.00 dividend on an annualized basis and a yield of 4.4%. Simon Property Group’s dividend payout ratio is presently 61.15%.

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.