Mitsubishi UFJ Trust & Banking Corp Buys 3,571 Shares of Simon Property Group, Inc. $SPG

Posted by Francis Steltz on Aug 16th, 2026

Mitsubishi UFJ Trust & Banking Corp grew its stake in shares of Simon Property Group, Inc. (NYSE:SPG – Free Report) by 1.1% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 329,438 shares of the real estate investment trust’s stock after purchasing an additional 3,571 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in Simon Property Group were worth $73,679,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in SPG. Spirepoint Private Client LLC acquired a new stake in shares of Simon Property Group in the 2nd quarter valued at approximately $209,000. Convergence Financial LLC acquired a new position in Simon Property Group during the second quarter worth $323,000. Bridgewater Advisors Inc. acquired a new position in Simon Property Group during the second quarter worth $290,000. Affinity Investment Advisors LLC increased its holdings in Simon Property Group by 5.2% during the second quarter. Affinity Investment Advisors LLC now owns 8,719 shares of the real estate investment trust’s stock worth $1,950,000 after buying an additional 431 shares during the last quarter. Finally, Gryphon Financial Partners LLC raised its position in Simon Property Group by 11.3% during the second quarter. Gryphon Financial Partners LLC now owns 3,114 shares of the real estate investment trust’s stock worth $696,000 after acquiring an additional 317 shares in the last quarter. Institutional investors own 93.01% of the company’s stock.

Simon Property Group Price Performance

Shares of NYSE SPG opened at $219.34 on Friday. The firm has a market cap of $71.13 billion, a P/E ratio of 15.47, a price-to-earnings-growth ratio of 2.84 and a beta of 1.30. The company has a current ratio of 1.05, a quick ratio of 0.84 and a debt-to-equity ratio of 5.19. Simon Property Group, Inc. has a 1-year low of $171.22 and a 1-year high of $238.50. The business’s 50 day moving average is $222.30 and its 200-day moving average is $205.94.

Simon Property Group (NYSE:SPG – Get Free Report) last released its quarterly earnings results on Monday, August 10th. The real estate investment trust reported $1.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.64 by ($0.15). The firm had revenue of $1.79 billion during the quarter, compared to the consensus estimate of $1.61 billion. Simon Property Group had a net margin of 66.56% and a return on equity of 89.32%. The business’s revenue for the quarter was up 19.5% compared to the same quarter last year. During the same quarter last year, the firm earned $1.70 earnings per share. Simon Property Group has set its FY 2026 guidance at 13.200-13.300 EPS. Equities research analysts predict that Simon Property Group, Inc. will post 13.2 earnings per share for the current year.

Simon Property Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 9th will be issued a dividend of $2.25 per share. The ex-dividend date of this dividend is Wednesday, September 9th. This represents a $9.00 dividend on an annualized basis and a dividend yield of 4.1%. Simon Property Group’s dividend payout ratio (DPR) is currently 63.47%.

Insider Buying and Selling

In other Simon Property Group news, Director Glyn Aeppel purchased 243 shares of the stock in a transaction that occurred on Tuesday, June 30th. The shares were acquired at an average cost of $223.36 per share, with a total value of $54,276.48. Following the completion of the transaction, the director owned 21,067 shares in the company, valued at $4,705,525.12. The trade was a 1.17% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Daniel C. Smith acquired 372 shares of the company’s stock in a transaction on Tuesday, June 30th. The stock was acquired at an average price of $223.31 per share, with a total value of $83,071.32. Following the purchase, the director directly owned 34,480 shares in the company, valued at approximately $7,699,728.80. This represents a 1.09% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have purchased a total of 2,387 shares of company stock valued at $533,056 in the last 90 days. 8.73% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages have commented on SPG. Truist Financial increased their price target on shares of Simon Property Group from $196.00 to $215.00 and gave the company a “hold” rating in a research note on Tuesday, June 23rd. Scotiabank boosted their price objective on shares of Simon Property Group from $206.00 to $220.00 and gave the stock a “sector perform” rating in a research note on Thursday, June 18th. Wolfe Research cut shares of Simon Property Group from an “outperform” rating to a “peer perform” rating in a report on Tuesday, June 30th. Barclays raised their target price on shares of Simon Property Group from $212.00 to $213.00 and gave the company an “equal weight” rating in a research note on Thursday, June 25th. Finally, Jefferies Financial Group upgraded Simon Property Group to a “strong-buy” rating in a report on Friday, June 26th. Two equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $221.07.

Check Out Our Latest Analysis on SPG

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.