Stefan Selig Purchases 220 Shares of Simon Property Group (NYSE:SPG) Stock

Posted by Geri Gentry on Jul 3rd, 2026

Simon Property Group, Inc. (NYSE:SPG – Get Free Report) Director Stefan Selig purchased 220 shares of the firm’s stock in a transaction that occurred on Tuesday, June 30th. The shares were bought at an average price of $223.27 per share, for a total transaction of $49,119.40. Following the acquisition, the director directly owned 33,812 shares in the company, valued at $7,549,205.24. This trade represents a 0.65% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.

Simon Property Group Stock Up 1.2%

NYSE SPG opened at $225.77 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. The company has a fifty day moving average of $208.83 and a two-hundred day moving average of $197.36. The firm has a market capitalization of $73.21 billion, a price-to-earnings ratio of 15.69, a PEG ratio of 4.03 and a beta of 1.29. Simon Property Group, Inc. has a 52 week low of $159.33 and a 52 week high of $228.57.

Simon Property Group (NYSE:SPG – Get Free Report) last posted its quarterly earnings data on Monday, May 11th. The real estate investment trust reported $1.48 earnings per share for the quarter, beating analysts’ consensus estimates of $1.46 by $0.02. Simon Property Group had a net margin of 70.60% and a return on equity of 104.54%. The business had revenue of $1.76 billion for the quarter, compared to analysts’ expectations of $1.54 billion. During the same quarter in the previous year, the business posted $2.95 earnings per share. The business’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. On average, analysts predict that Simon Property Group, Inc. will post 13.21 earnings per share for the current year.

Simon Property Group Increases Dividend

The company 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. This represents a $9.00 annualized dividend and a yield of 4.0%. The ex-dividend date was Tuesday, June 9th. This is a positive change from Simon Property Group’s previous quarterly dividend of $2.20. Simon Property Group’s payout ratio is currently 62.54%.

Wall Street Analyst Weigh In

SPG has been the topic of several recent analyst reports. Scotiabank increased their price target on Simon Property Group from $206.00 to $220.00 and gave the stock a “sector perform” rating in a report on Thursday, June 18th. Jefferies Financial Group upgraded Simon Property Group to a “strong-buy” rating in a report on Friday, June 26th. Truist Financial upped their price objective on Simon Property Group from $196.00 to $215.00 and gave the company a “hold” rating in a research report on Tuesday, June 23rd. Stifel Nicolaus increased their target price 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. Finally, Barclays lifted their target price on Simon Property Group from $212.00 to $213.00 and gave the stock an “equal weight” rating in a research report on Thursday, June 25th. One 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. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $211.47.

Read Our Latest Analysis on SPG

Key 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

Institutional Trading of Simon Property Group

A number of large investors have recently modified their holdings of SPG. Clark Capital Management Group Inc. increased its holdings in shares of Simon Property Group by 1.7% in the 3rd 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 acquiring an additional 4,177 shares during the period. Union Bancaire Privee UBP SA raised 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 acquiring an additional 7,266 shares in the last quarter. Danske Bank A S lifted its stake in shares of Simon Property Group by 11.1% during 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 purchasing an additional 19,300 shares during the last quarter. Davis Selected Advisers boosted its position in Simon Property Group by 30.7% during the third quarter. Davis Selected Advisers now owns 76,733 shares of the real estate investment trust’s stock valued at $14,400,000 after purchasing an additional 18,010 shares in the last quarter. Finally, California Public Employees Retirement System grew its stake in Simon Property Group by 3.5% in the third 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 purchasing an additional 19,608 shares during the last quarter. Hedge funds and other institutional investors own 93.01% of the company’s stock.

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.