USS Investment Management Ltd Has $12.57 Million Position in Simon Property Group, Inc. $SPG

Posted by Brian Himes on Jul 2nd, 2026

USS Investment Management Ltd raised its stake in Simon Property Group, Inc. (NYSE:SPG – Free Report) by 9.2% during the first quarter, HoldingsChannel reports. The institutional investor owned 67,384 shares of the real estate investment trust’s stock after acquiring an additional 5,660 shares during the period. USS Investment Management Ltd’s holdings in Simon Property Group were worth $12,569,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Vanguard Group Inc. raised its position in shares of Simon Property Group by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 46,969,966 shares of the real estate investment trust’s stock worth $8,694,610,000 after acquiring an additional 286,464 shares during the last quarter. State Street Corp increased its position in Simon Property Group by 1.5% during the 3rd quarter. State Street Corp now owns 21,765,492 shares of the real estate investment trust’s stock valued at $4,084,730,000 after purchasing an additional 312,995 shares during the period. Geode Capital Management LLC increased its position in Simon Property Group by 3.6% during the 4th 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 purchasing an additional 363,337 shares during the period. Capital World Investors raised its holdings in Simon Property Group by 2.7% during the 4th quarter. Capital World Investors now owns 8,610,404 shares of the real estate investment trust’s stock worth $1,593,872,000 after purchasing an additional 226,271 shares during the last quarter. Finally, Wellington Management Group LLP raised its holdings in Simon Property Group by 7.7% during the 4th quarter. Wellington Management Group LLP now owns 7,939,861 shares of the real estate investment trust’s stock worth $1,469,748,000 after purchasing an additional 569,772 shares during the last quarter. Institutional investors and hedge funds own 93.01% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on SPG. Stifel Nicolaus upped their price objective on shares of Simon Property Group from $185.00 to $194.00 and gave the company a “hold” rating in a research note on Tuesday, May 12th. Bank of America boosted their target price on shares of Simon Property Group from $225.00 to $236.00 and gave the company a “buy” rating in a report on Monday. JPMorgan Chase & Co. upped their price target on shares of Simon Property Group from $210.00 to $217.00 and gave the company a “neutral” rating in a research report on Monday, June 1st. Barclays increased their price target on Simon Property Group from $212.00 to $213.00 and gave the stock an “equal weight” rating in a report on Thursday, June 25th. Finally, UBS Group set a $220.00 price objective on Simon Property Group in a research note on Thursday, June 18th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat, Simon Property Group presently has a consensus rating of “Hold” and a consensus price target of $211.47.

Read Our Latest Research Report on Simon Property Group

Simon Property Group Stock Performance

Shares of Simon Property Group stock opened at $222.88 on Thursday. The business has a 50-day simple moving average of $208.41 and a 200 day simple moving average of $197.06. Simon Property Group, Inc. has a one year low of $159.33 and a one year high of $228.57. 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 firm has a market capitalization of $72.28 billion, a price-to-earnings ratio of 15.49, a PEG ratio of 4.04 and a beta of 1.29.

Simon Property Group (NYSE:SPG – Get Free Report) last posted its quarterly earnings results on Monday, May 11th. The real estate investment trust reported $1.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.46 by $0.02. The business had revenue of $1.76 billion during the quarter, compared to the consensus estimate of $1.54 billion. Simon Property Group had a net margin of 70.60% and a return on equity of 104.54%. Simon Property Group’s revenue was up 19.3% compared to the same quarter last year. During the same quarter last year, the firm posted $2.95 EPS. Simon Property Group has set its FY 2026 guidance at 13.100-13.250 EPS. On average, research analysts anticipate that Simon Property Group, Inc. will post 13.21 earnings per share for the current fiscal year.

Simon Property Group Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th were given a dividend of $2.25 per share. The ex-dividend date of this dividend was Tuesday, June 9th. 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 4.0%. Simon Property Group’s payout ratio is presently 62.54%.

Insider Buying and Selling

In other Simon Property Group news, Director Gary M. Rodkin bought 256 shares of the stock in a transaction that occurred on Tuesday, June 30th. The shares were bought at an average price of $223.34 per share, for a total transaction of $57,175.04. Following the acquisition, the director directly owned 21,016 shares of the company’s stock, valued at approximately $4,693,713.44. The trade was a 1.23% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Glyn Aeppel purchased 243 shares of the company’s stock in a transaction that occurred on Tuesday, June 30th. The stock was acquired at an average cost of $223.36 per share, for a total transaction of $54,276.48. Following the transaction, the director owned 21,067 shares in the company, valued at $4,705,525.12. This represents a 1.17% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired a total of 2,387 shares of company stock worth $533,056 over the last ninety days. Insiders own 8.73% of the company’s stock.

Key Stories Impacting Simon Property Group

Here are the key news stories impacting Simon Property Group this week:

Positive Sentiment: Barclays raised its price target on Simon Property Group ahead of second-quarter earnings, signaling a more favorable view of the REIT’s near-term fundamentals and dividend appeal. Barclays Raises Simon Property Group (SPG) Price Target as Part of Q2 Earnings Preview
Positive Sentiment: Multiple Simon Property Group directors bought shares on June 30, including several meaningful insider purchases, which can be read as a sign of confidence in the stock and the company’s valuation. SEC filing for director purchase
Positive Sentiment: Simon announced it will report second-quarter 2026 results after the market close on August 10, setting up the next major catalyst for SPG shares. Simon Announces Date For Its Second Quarter 2026 Earnings Release And Conference Call
Neutral Sentiment: Analysts have been mixed on Simon Property Group versus other REITs, so the latest commentary adds attention to the name but does not clearly change the investment case by itself. Analysts Have Conflicting Sentiments on These Real Estate Companies: Simon Property (SPG) and EPR Properties (EPR)

Simon Property Group Company Profile

(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.