Simon Property Group Stock News

Alpha Omega Wealth Management LLC grew its stake in shares of Simon Property Group, Inc. (NYSE:SPG) by 5.3% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,766 shares of the real estate investment trusts stock after purchasing an additional 190 shares during the []

Simon Property Group (NYSE:SPG) had its target price raised by Piper Sandler from $180.00 to $200.00 in a research report report published on Wednesday, The Fly reports. Piper Sandler currently has an overweight rating on the real estate investment trusts stock. A number of other brokerages have also recently issued reports on SPG. TheStreet raised []

Today I wanted to get right down to business and provide readers with two of my highest conviction buys.

Simon Property Group is well-positioned to continue its outperformance into 2022 and beyond.

Simon Property Group, Inc. (SPG) shares closed today at 1.2% below its 52 week high of $171.12, giving the company a market cap of $55B. The stock is currently up 104.9% year-to-date, up 107.8% over the past 12 months, and up 19.3% over the past five years. This week, the Dow Jones Industrial Average fell 0.9%, and the S&P 500 fell 0.2%. Trading Activity Trading volume this week was 33.9% lower than the 20-day average.Beta, a measure of the stock’s volatility relative to the overall market stands at 1.3. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -13.0% The company's stock price performance over the past 12 months lags the peer average by -29.9% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 53.6% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

Financial Management Network Inc. trimmed its position in Simon Property Group, Inc. (NYSE:SPG) by 7.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,988 shares of the real estate investment trusts stock after selling 1,275 shares during the quarter. []

CHURCHILL MANAGEMENT Corp bought a new stake in shares of Simon Property Group, Inc. (NYSE:SPG) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 47,239 shares of the real estate investment trust’s stock, valued at approximately $6,140,000. A number of other hedge […]

Gilman Hill Asset Management LLC acquired a new position in shares of Simon Property Group, Inc. (NYSE:SPG) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,055 shares of the real estate investment trusts stock, valued at approximately $397,000. []

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Robert Karr (Trades, Portfolio), founder of Joho Capital, disclosed last week that his firm's top trades during the third quarter included boosts in Alibaba Group Holding Ltd. ( BABA , Financial), Glo

Stonnington Group LLC boosted its holdings in shares of Simon Property Group, Inc. (NYSE:SPG) by 55.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,100 shares of the real estate investment trusts stock after purchasing an additional 1,100 shares during the period. Stonnington []

IFG Advisory LLC lessened its position in shares of Simon Property Group, Inc. (NYSE:SPG) by 4.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,707 shares of the real estate investment trusts stock after selling 135 shares during the quarter. IFG Advisory []

Marshall Wace North America L.P. decreased its stake in shares of Simon Property Group, Inc. (NYSE:SPG) by 61.5% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 9,234 shares of the real estate investment trusts stock after selling 14,755 shares during the quarter. Marshall Wace North America L.P.s holdings in Simon Property Group were worth []