Larry Glasscock Buys 397 Shares of Simon Property Group (NYSE:SPG) Stock

Posted by Brenda Bartman on Jul 3rd, 2026

Simon Property Group, Inc. (NYSE:SPG – Get Free Report) Director Larry Glasscock purchased 397 shares of the stock in a transaction that occurred on Tuesday, June 30th. The shares were purchased at an average price of $223.38 per share, with a total value of $88,681.86. Following the completion of the acquisition, the director directly owned 45,902 shares in the company, valued at $10,253,588.76. The trade was a 0.87% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Simon Property Group Price Performance

Shares of Simon Property Group stock opened at $225.77 on Friday. The firm has a market cap of $73.21 billion, a PE ratio of 15.69, a price-to-earnings-growth ratio of 4.03 and a beta of 1.29. Simon Property Group, Inc. has a 12-month low of $159.33 and a 12-month high of $228.57. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 4.68. The company’s fifty day simple moving average is $208.83 and its two-hundred day simple moving average is $197.36.

Simon Property Group (NYSE:SPG – Get Free Report) last issued its quarterly earnings data on Monday, May 11th. The real estate investment trust reported $1.48 EPS for the quarter, beating the consensus estimate of $1.46 by $0.02. The firm 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%. The company’s quarterly revenue was up 19.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $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 expect that Simon Property Group, Inc. will post 13.21 EPS for the current year.

Simon Property Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th were issued a dividend of $2.25 per share. The ex-dividend date was Tuesday, June 9th. This represents a $9.00 dividend on an annualized basis and a yield of 4.0%. This is a boost from Simon Property Group’s previous quarterly dividend of $2.20. Simon Property Group’s dividend payout ratio (DPR) is presently 62.54%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Bank of America lifted their price objective on Simon Property Group from $225.00 to $236.00 and gave the stock a “buy” rating in a research report on Monday. Weiss Ratings lowered Simon Property Group from a “buy (a-)” rating to a “buy (b)” rating in a research note on Monday. Stifel Nicolaus lifted their price target on shares of Simon Property Group from $185.00 to $194.00 and gave the company a “hold” rating in a report on Tuesday, May 12th. Citigroup boosted their price objective on shares of Simon Property Group from $189.00 to $205.00 and gave the company a “neutral” rating in a research report on Thursday, May 14th. Finally, Evercore set a $208.00 target price on shares of Simon Property Group in a research report on Monday, June 8th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $211.47.

Get Our Latest Report on SPG

Institutional Investors Weigh In On Simon Property Group

Several hedge funds have recently made changes to their positions in the company. Clark Capital Management Group Inc. grew its holdings 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 worth $46,361,000 after purchasing an additional 4,177 shares during the period. Union Bancaire Privee UBP SA boosted its position in shares of Simon Property Group by 22.6% in the 4th quarter. Union Bancaire Privee UBP SA now owns 39,366 shares of the real estate investment trust’s stock worth $7,287,000 after purchasing an additional 7,266 shares in the last quarter. Davis Selected Advisers boosted its position in shares of Simon Property Group by 30.7% in the 3rd quarter. Davis Selected Advisers now owns 76,733 shares of the real estate investment trust’s stock worth $14,400,000 after purchasing an additional 18,010 shares in the last quarter. Danske Bank A S grew its stake in shares of Simon Property Group by 11.1% in the 4th quarter. Danske Bank A S now owns 193,946 shares of the real estate investment trust’s stock worth $35,901,000 after buying an additional 19,300 shares during the last quarter. Finally, California Public Employees Retirement System increased its position in Simon Property Group by 3.5% during the 3rd quarter. California Public Employees Retirement System now owns 579,458 shares of the real estate investment trust’s stock valued at $108,747,000 after buying an additional 19,608 shares in the last quarter. 93.01% of the stock is currently owned by institutional investors.

More Simon Property Group News

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

Positive Sentiment: Barclays lifted its price target on Simon Property Group ahead of second-quarter earnings, reinforcing expectations for solid fundamentals and continued dividend support. Barclays Raises Simon Property Group (SPG) Price Target as Part of Q2 Earnings Preview
Positive Sentiment: Several SPG directors bought shares on June 30, including meaningful purchases from Randall Lewis, Peggy Roe, Marta Stewart, Stefan Selig, and others, which often signals confidence in the stock’s outlook and valuation. Simon Property Group (NYSE:SPG) Director Randall Lewis Acquires 62 Shares
Positive Sentiment: One article argued SPG still looks undervalued despite its strong multi-year run, suggesting the stock may have room to move higher if cash flow and valuation estimates hold up. Simon Property Group (SPG) Stock Still Looks Undervalued Despite a 136% Run
Positive Sentiment: Simon announced it will release second-quarter 2026 results on August 10, giving investors a clear near-term catalyst to watch. Simon Announces Date For Its Second Quarter 2026 Earnings Release And Conference Call
Neutral Sentiment: Recent commentary also highlighted SPG’s strong leasing, redevelopment, and liquidity, but noted debt and e-commerce remain ongoing risks for the business. Is Holding Simon Property Stock Still Smart Move for Your Portfolio?
Neutral Sentiment: Analyst views remain mixed overall, so despite higher targets from some firms, the broader rating picture is still more cautious than bullish. Analysts Have Conflicting Sentiments on These Real Estate Companies: Simon Property (SPG) and EPR Properties (EPR)
Negative Sentiment: Some recent research downgraded the stock or kept only neutral ratings, reflecting lingering caution around valuation and the broader retail REIT outlook. Barclays Raises Simon Property Group (SPG) Price Target as Part of Q2 Earnings Preview

About Simon Property Group

(Get 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.