ProShare Advisors LLC Sells 4282 Shares of Simon Property Group, Inc. (SPG)

Lloyd Doyle
October 1, 2017

Wells Fargo & Mn accumulated 0.03% or 648,334 shares. Johnson Inv Counsel Inc invested in 0.03% or 18,352 shares. The stock presently has an average rating of "Buy" and an average price target of $193.76. About 249,534 shares traded. Moreover, Nippon Life Glob Investors Americas has 1.26% invested in Simon Property Group Inc (NYSE:SPG). It has underperformed by 35.26% the S&P500. Gilman Hill Asset Mgmt Ltd has 0.22% invested in Simon Property Group Inc (NYSE:SPG). SPG's profit would be $892.14 million giving it 14.03 P/E if the $2.87 EPS is correct. The stock increased 1.59% or $0.34 on September 29, reaching $21.77. About 1.08 million shares traded.

More important recent Simon Property Group Inc (NYSE:SPG) news were published by: Fortune.com which released: "Starbucks Is Being Sued Over Its Plans to Close Teavana Stores" on September 01, 2017, also Seekingalpha.com published article titled: "Is Simon Property Group In Trouble?", Seekingalpha.com published: "Simon Property: Is There A Problem?" on September 26, 2017.

Investors sentiment is 0.76 in Q2 2017. Its up 0.09, from 0.84 in 2017Q1. It improved, as 44 investors sold Dow Chemical Co shares while 407 reduced holdings. 85 funds opened positions while 293 raised stakes. Private Advisor Grp Llc reported 54,478 shares or 0.03% of all its holdings. Tctc Hldg Ltd reported 6,195 shares.

Analysts expect Simon Property Group Inc (NYSE:SPG) to report $2.87 EPS on October, 25.They anticipate $0.17 EPS change or 6.30% from last quarter's $2.7 EPS.

Among 3 analysts covering William Lyon Homes (NYSE:WLH), 0 have Buy rating, 0 Sell and 3 Hold. Barclays Public Ltd reported 134,889 shares. Utah Retirement reported 36,262 shares. Sumitomo Mitsui Asset Mngmt Limited holds 1% of its portfolio in Simon Property Group Inc (NYSE:SPG) for 380,746 shares. 1,331 were reported by Milestone Gp. Us Bank & Trust De has 0% invested in Columbia Property Trust Inc (NYSE:CXP). Loomis Sayles & Ltd Partnership holds 16 shares or 0% of its portfolio. Oppenheimer Asset Mngmt stated it has 22,387 shares. The company's 50-day moving average is $159.49 and its 200-day moving average is $162.53. 45,737 are owned by Envestnet Asset. It has a 28.67 P/E ratio. The Company's divisions include New York, San Francisco, Atlanta, Washington, D.C., Boston, Los Angeles and all other office markets. The stock of Simon Property Group Inc (NYSE:SPG) earned "Buy" rating by Jefferies on Wednesday, August 23. Therefore 63% are positive. William Lyon Homes had 8 analyst reports since August 29, 2015 according to SRatingsIntel. The rating was downgraded by SunTrust on Friday, January 20 to "Hold". The firm has "Outperform" rating given on Tuesday, July 28 by RBC Capital Markets. On Monday, December 12 the stock rating was maintained by RBC Capital Markets with "Top Pick". Wedbush maintained William Lyon Homes (NYSE:WLH) rating on Tuesday, February 21. As per Tuesday, September 8, the company rating was maintained by Evercore. Barclays Capital has "Overweight" rating and $216.0 target. The firm earned "Buy" rating on Tuesday, August 4 by Wunderlich. On Friday, July 14 the stock rating was maintained by Stifel Nicolaus with "Hold". Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and twelve have given a buy rating to the company's stock. JMP Securities downgraded Columbia Property Trust Inc (NYSE:CXP) on Monday, January 9 to "Mkt Perform" rating.


Investors sentiment decreased to 1.24 in 2017 Q2. Its the same as in 2017Q1. It is the same, as 65 investors sold SPG shares while 244 reduced holdings. only 62 funds opened positions while 173 raised stakes. The real estate investment trust reported $2.47 earnings per share for the quarter, topping the consensus estimate of $2.44 by $0.03. Farmers & Merchants invested in 643 shares.

Simon Property Group (NYSE:SPG) last posted its quarterly earnings data on Tuesday, August 1st. Comerica Bancshares holds 0.12% of its portfolio in PNC Financial Services Group Inc (NYSE:PNC) for 121,890 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. Acadian Asset Management Limited Liability Corporation stated it has 0% in Simon Property Group Inc (NYSE:SPG).

Shares of Simon Property Group, Inc.

Simon Property Group, Inc. has a 12-month low of $150.15 and a 12-month high of $215.56. Duff & Phelps Investment Management Co sold 30,750 shares as Simon Ppty Inc (SPG)'s stock declined 12.82%. M&T Retail Bank has invested 0.04% in Simon Property Group Inc (NYSE:SPG). Colony Group Ltd Liability Co invested in 0.37% or 56,430 shares. San Francisco Sentry Invest Group Inc (Ca) reported 4,082 shares. Monetary Mgmt Gru Inc reported 0.83% of its portfolio in PNC Financial Services Group Inc (NYSE:PNC). Susquehanna Intl Grp Llp has 34,955 shares. Jefferies Group LLC reiterated a "buy" rating and issued a $190.00 target price on shares of Simon Property Group in a report on Monday, July 17th. Therefore 65% are positive. (The) upgraded shares of Simon Property Group from a "neutral" rating to a "buy" rating and lifted their target price for the company from $175.00 to $185.00 in a research report on Tuesday, June 20th. RBC Capital Markets has "Outperform" rating and $65 target. The stock of KLA-Tencor Corp (NASDAQ:KLAC) earned "Buy" rating by Goldman Sachs on Monday, December 19. The firm earned "Buy" rating on Wednesday, July 22 by Canaccord Genuity. Alpha Windward LLC now owns 763 shares of the real estate investment trust's stock worth $131,000 after buying an additional 30 shares during the last quarter.

Other reports by Iphone Fresh

Discuss This Article

FOLLOW OUR NEWSPAPER