<div id="readability-page-1"><p>1832 Asset Management L.P. purchased a new position in shares of  Simon Property Group, Inc. (NYSE:SPG - Free Report) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor  purchased 21,824 shares of the real estate investment trust's stock, valued at approximately $3,508,000.</p><div><p><span></span><span>Get <strong>Simon Property Group</strong> alerts:</span></p></div><ul><li>Despite Downturns, Analysts Say These 4 Financial Stocks Are Buys</li></ul><p>A number of other hedge funds have also recently added to or reduced their stakes in SPG. Trust Co. of Toledo NA OH bought a new stake in shares of  Simon Property Group during the second quarter worth approximately $25,000.  VSM Wealth Advisory LLC bought a new stake in  Simon Property Group in the 2nd quarter valued at $30,000.  Bell Investment Advisors Inc lifted its holdings in shares of  Simon Property Group by 205.6% in the second quarter. Bell Investment Advisors Inc now owns 217 shares of the real estate investment trust's stock valued at $35,000 after purchasing an additional 146 shares in the last quarter.  Clearstead Trust LLC lifted its holdings in shares of  Simon Property Group by 68.4% in the second quarter. Clearstead Trust LLC now owns 266 shares of the real estate investment trust's stock valued at $43,000 after purchasing an additional 108 shares in the last quarter.  Finally, WPG Advisers LLC acquired a new position in shares of  Simon Property Group during the first quarter worth about $47,000. Institutional investors own  93.01% of the company's stock. </p><h2>Wall Street Analysts Forecast Growth</h2><p>Several brokerages have commented on SPG. Argus  reissued a &#34;buy&#34; rating and set a $185.00 price target on shares of Simon Property Group in a research report on Friday, September 5th. Piper Sandler upped their price target on shares of Simon Property Group from $210.00 to $225.00 and gave the stock an &#34;overweight&#34; rating in a research report on Monday, November 10th. Weiss Ratings  reaffirmed a &#34;buy (b)&#34; rating on shares of Simon Property Group in a report on Tuesday, October 14th. Evercore ISI lifted their price target on Simon Property Group from $187.00 to $188.00 and gave the stock an &#34;in-line&#34; rating in a report on Friday, October 17th. Finally, Morgan Stanley boosted their price target on Simon Property Group from $170.00 to $180.00 and gave the stock an &#34;equal weight&#34; rating in a research report on Thursday, September 11th. Five equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of &#34;Hold&#34; and an average price target of $189.93.</p><ul><li>5 S&amp;P 500 Dividend Stocks Set to Reward Investors</li></ul><p><b>View Our Latest Stock Analysis on SPG</b></p><h2>Simon Property Group Trading Down 0.4%</h2><p>SPG opened at $182.54 on Friday. The company has a market cap of $59.60 billion, a P/E ratio of 26.57, a PEG ratio of 8.93 and a beta of 1.37. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 9.59. The company's 50 day moving average is $181.03 and its 200-day moving average is $172.69. Simon Property Group, Inc. has a 1-year low of $136.34 and a 1-year high of $190.13. </p><ul><li>Earn High Dividends With 2 Top REITs Set to Perform in 2025</li></ul><p>Simon Property Group (NYSE:SPG - Get Free Report) last released its quarterly earnings results on Monday, November 3rd. The real estate investment trust reported $3.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.09 by $0.13. Simon Property Group had a net margin of 38.18% and a return on equity of 79.30%. The firm had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.41 billion. During the same quarter last year, the firm earned $3.05 earnings per share. The company's revenue for the quarter was up 8.2% on a year-over-year basis. Simon Property Group has set its FY 2025 guidance at 12.600-12.700 EPS.  Equities research analysts predict that  Simon Property Group, Inc. will post 12.54 earnings per share for the current fiscal year. </p><h2>Simon Property Group Increases Dividend</h2><p>The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Wednesday, December 10th will be given a dividend of $2.20 per share. The ex-dividend date of this dividend is Wednesday, December 10th. This is a positive change from Simon Property Group's previous quarterly dividend of $2.15. This represents a $8.80 annualized dividend and a dividend yield of 4.8%. Simon Property Group's payout ratio is presently 125.18%. </p><h2>Insider Buying and Selling at Simon Property Group</h2><p>In other news, Director Gary M. Rodkin purchased 219 shares of the company's stock in a transaction that occurred on Tuesday, September 30th. The shares were bought at an average cost of $185.95 per share, with a total value of $40,723.05. Following the completion of the transaction, the director directly owned 19,229 shares of the company's stock, valued at approximately $3,575,632.55. This trade represents a 1.15% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Glyn Aeppel bought 208 shares of the business's stock in a transaction on Tuesday, September 30th. The shares were acquired at an average price of $185.95 per share, with a total value of $38,677.60. Following the transaction, the director directly owned 19,265 shares of the company's stock, valued at approximately $3,582,326.75. This trade 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 2,121 shares of company stock valued at $394,400 in the last three months. Insiders own  8.66% of the company's stock. </p><h2>About Simon Property Group</h2> (Free Report)<p>Simon Property Group, Inc <span>NYSE: SPG<span></span></span> is a self-administered and self-managed real estate investment trust (REIT). Simon Property Group, L.P., or the Operating Partnership, is our majority-owned partnership subsidiary that owns all of our real estate properties and other assets. In this package, the terms Simon, we, our, or the Company refer to Simon Property Group, Inc, the Operating Partnership, and its subsidiaries.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Simon Property Group</li><li>Why Invest in High-Yield Dividend Stocks?</li><li>Rocket Lab’s Big Rebound? Analysts Suggest the Dip's a Gift</li><li>Technology Stocks Explained: Here's What to Know About Tech</li><li>Meta’s AI Moment? New SAM 3 Model Has Wall Street Turning Bullish</li><li>Stock Analyst Ratings and Canadian Analyst Ratings</li><li>Snowflake Stock: The Dip That Smart Investors Are Buying Right Now</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVNQRw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVNQRw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Simon Property Group Right Now?</h2><p>Before you consider Simon Property Group, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Simon Property Group wasn't on the list.</p><p>While Simon Property Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>1832 Asset Management L.P. acquired 21,824 shares of Simon Property Group, Inc. during the second quarter, valued at approximately $3,508,000. Several other hedge funds also adjusted their stakes in SPG. Analysts have given mixed ratings, with a consensus "Hold" and an average price target of $189.93. SPG reported strong quarterly earnings, increased its dividend, and set FY 2025 EPS guidance at 12.600-12.700.</p>

21,824 Shares in Simon Property Group, Inc. $SPG Acquired by 1832 Asset Management L.P.