Economy

$2.87 EPS Expected for Simon Property Group Inc (SPG)

$2.87 EPS Expected for Simon Property Group Inc (SPG)”

Institutional investors and hedge funds own 94.93% of the company's stock. (NASDAQ:CRAY). Us Bancorp De reported 13,166 shares.

Simon Property Group Inc has a 52 week low of $150.15 and a 52 week high of $215.56 with a P/E ratio of 28.70 The company's market cap is now $0. The stock increased 0.92% or $1.48 during the last trading session, reaching $161.59. About 58,626 shares traded. Simon Property Group Inc (NYSE:SPG) has declined 18.56% since September 29, 2016 and is downtrending. It has underperformed by 35.26% the S&P500. P Schoenfeld Asset Management Lp sold 79,400 shares as the company's stock rose 0.05% with the market. Swiss National Bank grew its holdings in shares of Simon Property Group by 24.1% in the 1st quarter. The company has a market capitalization of $50.23 billion, a PE ratio of 28.80 and a beta of 0.58. It is 0.00% or $0 reaching $66.65 per share. It has outperformed by 83.38% the S&P500. Argus decreased their target price on Simon Property Group from $225.00 to $210.00 and set a "buy" rating on the stock in a research report on Thursday, June 29th. Therefore 65% are positive. On average, equities analysts forecast that Simon Property Group Inc will post $6.60 earnings per share for the current fiscal year. The firm has "Outperform" rating given on Tuesday, February 2 by RBC Capital Markets. The rating was maintained by Sidoti on Wednesday, January 4 with "Buy". SunTrust downgraded Simon Property Group Inc (NYSE:SPG) on Friday, January 20 to "Hold" rating. The stock now has an average rating of "Buy" and a consensus target price of $193.76. Zacks upgraded it to "Hold" rating and $198 target in Wednesday, August 26 report. The rating was maintained by Stifel Nicolaus on Wednesday, October 28 with "Buy". Lasalle Investment Management Securities Llc sold 394,732 shares as Simon Property Group Inc (SPG)'s stock declined 12.82%. Jefferies Group LLC reaffirmed a "buy" rating and issued a $190.00 target price on shares of Simon Property Group in a research note on Monday, July 17th. Boenning & Scattergood maintained the shares of SPG in report on Wednesday, August 2 with "Buy" rating. American Insur Tx has invested 0.12% in Simon Property Group Inc (NYSE:SPG). Everence Capital Management Inc acquired 2,100 shares as Simon Prop Grp Reit Ord (SPG)'s stock declined 12.82%.

Investors sentiment is 0.76 in Q2 2017. Its the same as in 2017Q1. Zacks Investment Management raised its position in shares of Simon Property Group by 0.3% in the third quarter. First Midwest Commercial Bank Division holds 0.16% in Simon Property Group Inc (NYSE:SPG) or 8,226 shares. Ray Gerald L & Associates Limited reported 0.47% stake. Bluecrest Ltd holds 43,286 shares. Public Employees Retirement System Of Ohio invested in 0.5% or 564,385 shares. Mirae Asset Invs Com Ltd accumulated 5,864 shares or 0.02% of the stock. Riverpoint Cap Mngmt Limited Liability Corporation owns 2,323 shares for 0.03% of their portfolio. Cornerstone holds 0.07% or 753 shares. The firm owned 317,873 shares of the real estate investment trust's stock after selling 37,684 shares during the period. The stock of Simon Property Group Inc (NYSE:SPG) has "Buy" rating given on Wednesday, August 17 by Deutsche Bank. Whitnell invested in 5,363 shares or 0.38% of the stock. 25,514 were accumulated by Nomura.

Clients purchased stocks of Simon Property Group, (NYSE:SPG) on weakness through out intraday market trading hours on early Wednesday. The stock of Simon Property Group Inc (NYSE:SPG) has "Neutral" rating given on Friday, March 17 by Goldman Sachs. This is a boost from Simon Property Group's previous quarterly dividend of $1.75.

Hl Financial Services Llc, which manages about $5.01 billion US Long portfolio, decreased its stake in First Trust Iii Etf (FPE) by 16,557 shares to 62,262 shares, valued at $1.25 million in 2017Q2, according to the filing. It also reduced Select Sector Spdr Tr Sbi Cons Discr (XLY) stake by 44,861 shares and now owns 24,579 shares. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and seven have assigned a buy rating to the company. Therefore 20% are positive. Simon Property Group makes up approximately 3.8% of Timbercreek Asset Management Ltd.'s holdings, making the stock its 9th biggest holding. Finally, BidaskClub raised shares of Simon Property Group from a "strong sell" rating to a "sell" rating in a research note on Sunday, July 16th. Evercore downgraded the stock to "Hold" rating in Monday, November 16 report. Barclays Capital has "Overweight" rating and $216.0 target. The rating was upgraded by Sidoti on Tuesday, April 19 to "Buy". The stock of Dow Chemical Co (NYSE:DOW) has "Buy" rating given on Monday, October 3 by Citigroup. The rating was maintained by Citigroup on Friday, April 1 with "Buy". RBC Capital Markets has "Outperform" rating and $65 target.

Investors sentiment increased to 1.15 in Q2 2017. Its down 0.20, from 1.45 in 2017Q1. It increased, as 26 investors sold WTW shares while 41 reduced holdings. 15 funds opened positions while 44 raised stakes. Price T Rowe Md reported 360,923 shares. 7,811 are owned by Macnealy Hoover Invest Mngmt Incorporated. Twin Cap Mgmt holds 3,470 shares or 0.03% of its portfolio. Intrust Bancshares Na holds 9,585 shares or 0.21% of its portfolio. With 7.81M avg volume, 2 days are for Dow Chemical Company (NYSE:DOW)'s short sellers to cover DOW's short positions. The Everence Capital Management Inc holds 8,293 shares with $1.34M value, up from 6,193 last quarter. Morgan Stanley holds 0% or 268,004 shares. Texas Yale Capital Corporation stated it has 0.24% in Dow Chemical Co (NYSE:DOW). Wells Fargo Commerce Mn invested 0.14% of its portfolio in Dow Chemical Co (NYSE:DOW). Mason Street Advisors Llc accumulated 9,935 shares. Sarasin Partners Ltd Liability Partnership stated it has 711,759 shares. Sg Americas Secs Ltd Llc owns 202,252 shares or 0.11% of their U.S. portfolio. Stephens Ar accumulated 0.19% or 87,689 shares. It also increased its holding in Mobileye N V Amstelveen (NYSE:MBLY) by 440,956 shares in the quarter, for a total of 1.03M shares, and has risen its stake in Webmd Health Corp.

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