OP Asset Management Ltd Takes $6.08 Million Position in Simon Property Group, Inc. $SPG

Posted by Francis Steltz on Jun 26th, 2026

OP Asset Management Ltd bought a new position in Simon Property Group, Inc. (NYSE:SPG – Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 32,570 shares of the real estate investment trust’s stock, valued at approximately $6,075,000.

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

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Truist Financial increased their price objective on shares of Simon Property Group from $196.00 to $215.00 and gave the stock a “hold” rating in a research note on Tuesday. Stifel Nicolaus boosted their target price on shares of Simon Property Group from $185.00 to $194.00 and gave the company a “hold” rating in a research report on Tuesday, May 12th. Weiss Ratings raised shares of Simon Property Group from a “buy (b+)” rating to a “buy (a-)” rating in a report on Monday, June 15th. Morgan Stanley increased their price target on shares of Simon Property Group from $205.00 to $207.00 and gave the stock an “equal weight” rating in a research report on Tuesday, June 9th. Finally, Barclays lifted their price target on shares of Simon Property Group from $212.00 to $213.00 and gave the stock an “equal weight” rating in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $209.71.

Get Our Latest Analysis on SPG

Simon Property Group Stock Up 1.3%

SPG stock opened at $225.10 on Friday. The business’s 50-day moving average price is $206.72 and its 200-day moving average price is $195.81. The stock has a market cap of $73.00 billion, a P/E ratio of 15.64, a PEG ratio of 4.01 and a beta of 1.31. 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 twelve month low of $157.59 and a twelve month high of $226.44.

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, topping the consensus estimate 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 company had revenue of $1.76 billion during the quarter, compared to analyst estimates of $1.54 billion. During the same period in the prior year, the firm posted $2.95 EPS. The firm’s quarterly 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, equities research analysts forecast that Simon Property Group, Inc. will post 13.21 EPS for the current year.

Simon Property Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th will be given a dividend of $2.25 per share. This represents a $9.00 annualized dividend and a dividend yield of 4.0%. The ex-dividend date is 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 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.