KBC Group NV Sells 62,217 Shares of Simon Property Group, Inc. $SPG

Posted by Stanley Muller on Jul 20th, 2026

KBC Group NV reduced its stake in shares of Simon Property Group, Inc. (NYSE:SPG – Free Report) by 6.9% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 840,002 shares of the real estate investment trust’s stock after selling 62,217 shares during the period. KBC Group NV’s holdings in Simon Property Group were worth $156,686,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Stance Capital LLC bought a new stake in shares of Simon Property Group during the third quarter worth $26,000. Wilkerson Advisory Group LLC bought a new stake in Simon Property Group in the 4th quarter valued at $29,000. SHP Wealth Management bought a new stake in Simon Property Group in the 4th quarter valued at $34,000. Tompkins Financial Corp acquired a new position in Simon Property Group in the 4th quarter worth $42,000. Finally, Cullen Frost Bankers Inc. boosted its stake in Simon Property Group by 79.3% in the 4th quarter. Cullen Frost Bankers Inc. now owns 251 shares of the real estate investment trust’s stock worth $46,000 after purchasing an additional 111 shares during the period. Institutional investors own 93.01% of the company’s stock.

Insider Activity

In other news, Director Glyn Aeppel bought 243 shares of the firm’s stock in a transaction that occurred on Tuesday, June 30th. The stock was acquired at an average cost of $223.36 per share, with a total value of $54,276.48. Following the completion of the purchase, the director owned 21,067 shares of the company’s stock, valued at $4,705,525.12. This represents a 1.17% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Reuben S. Leibowitz bought 508 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, for a total transaction of $113,477.04. Following the completion of the acquisition, the director owned 55,797 shares of the company’s stock, valued at $12,463,933.86. The trade was a 0.92% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last three months, insiders have acquired 2,387 shares of company stock worth $533,056. Corporate insiders own 8.73% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on SPG. UBS Group lifted their price target on Simon Property Group from $199.00 to $222.00 and gave the company a “neutral” rating in a research note on Thursday, July 9th. Barclays upped their price objective 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. JPMorgan Chase & Co. increased their price objective on Simon Property Group from $210.00 to $217.00 and gave the stock a “neutral” rating in a report on Monday, June 1st. Scotiabank boosted their target price on Simon Property Group from $206.00 to $220.00 and gave the company a “sector perform” rating in a research note on Thursday, June 18th. Finally, Wolfe Research downgraded Simon Property Group from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, June 30th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $212.21.

Check Out Our Latest Analysis on SPG

Simon Property Group Trading Down 0.1%

Simon Property Group stock opened at $228.47 on Monday. The firm has a 50-day moving average of $213.40 and a 200-day moving average of $200.24. Simon Property Group, Inc. has a one year low of $159.70 and a one year high of $231.53. 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 cap of $74.09 billion, a price-to-earnings ratio of 15.88, a P/E/G ratio of 2.95 and a beta of 1.29.

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 earnings per share (EPS) for the quarter, beating 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 business had revenue of $1.76 billion for the quarter, compared to the consensus estimate of $1.54 billion. During the same quarter in the previous year, the business earned $2.95 earnings per share. Simon Property Group’s quarterly revenue was up 19.3% on a year-over-year basis. Simon Property Group has set its FY 2026 guidance at 13.100-13.250 EPS. On average, equities analysts expect that Simon Property Group, Inc. will post 13.21 earnings per share for the current fiscal year.

Simon Property Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th were given a dividend of $2.25 per share. This is a positive change from Simon Property Group’s previous quarterly dividend of $2.20. The ex-dividend date of this dividend was Tuesday, June 9th. This represents a $9.00 annualized dividend and a dividend yield of 3.9%. Simon Property Group’s payout ratio is presently 62.54%.

Simon Property Group 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.