Broadwater Sells 621 Shares of Simon Property Group Inc (SPG) Stock

Angelo Anderson
January 13, 2018

State Of Alaska Department Of Revenue who had been investing in Simon Ppty Group Inc New for a number of months, seems to be bullish on the $59.27 billion market cap company. The stock decreased 0.55% or $1.04 during the last trading session, reaching $188.75. About 1.49 million shares traded. Alibaba Group Holding Limited (NYSE:BABA) has risen 57.33% since January 12, 2017 and is uptrending. It has outperformed by 70.43% the S&P500.

Perritt Capital Management Inc increased its stake in Pcm Inc (PCMI) by 22.18% based on its latest 2017Q3 regulatory filing with the SEC. The institutional investor held 792,596 shares of the consumer services company at the end of 2017Q3, valued at $127.62 million, up from 711,759 at the end of the previous reported quarter. The firm owned 7,505 shares of the real estate investment trust's stock after selling 2,856 shares during the period. The stock increased 0.32% or $0.085 during the last trading session, reaching $26.735. Prudential Financial reported 1.33M shares.

In the past 52-week period, shares of Simon Property Group, Inc. (NYSE:SPG) has declined 18.56% since January 12, 2017 and is downtrending. It has underperformed by 23.16% the S&P500.

Simon Property Group (NYSE:SPG) last issued its quarterly earnings results on Friday, October 27th. Rmb Capital Management Ltd Llc accumulated 3,821 shares or 0.02% of the stock. SPG's profit will be $1.11 billion for 13.25 P/E if the $3.11 EPS becomes a reality. After having $2.89 EPS previously, Simon Property Group, Inc.'s analysts see 7.61 % EPS growth. It also increased its holding in Formfactor Inc (NASDAQ:FORM) by 45,070 shares in the quarter, for a total of 74,758 shares, and has risen its stake in Autodesk Inc (NASDAQ:ADSK). Jefferies Group LLC reaffirmed a "buy" rating and issued a $255.00 price target on shares of Simon Property Group in a research note on Sunday, October 23rd. Therefore 86% are positive. The correct version of this report can be accessed at https://www.dispatchtribunal.com/2018/01/13/simon-property-group-inc-spg-given-consensus-recommendation-of-buy-by-brokerages.html. The firm has "Overweight" rating by KeyBanc Capital Markets given on Friday, August 18. The firm has "Overweight" rating by Barclays Capital given on Tuesday, August 8. The firm has "Buy" rating by Boenning & Scattergood given on Wednesday, August 2. The company was maintained on Wednesday, January 25 by Wedbush. The firm earned "Buy" rating on Thursday, October 27 by TH Capital. As per Tuesday, February 2, the company rating was maintained by RBC Capital Markets. On Monday, January 9 the stock rating was downgraded by Deutsche Bank to "Hold".


Moore Capital Management Lp, which manages about $44.02 billion and $5.17B US Long portfolio, upped its stake in Netflix Inc (NASDAQ:NFLX) by 140,000 shares to 165,000 shares, valued at $29.92M in 2017Q3, according to the filing. (NYSE:SPG). 6.51M are owned by Jpmorgan Chase & Communication. Simon Property Group had 61 analyst reports since July 21, 2015 according to SRatingsIntel. Therefore 100% are positive. Simon Property Group has a 12-month low of $173.11 and a 12-month high of $229.10. Simon Property Group, Inc. Canaccord Genuity maintained the shares of SPG in report on Tuesday, August 1 with "Buy" rating. Bizjournals.com's news article titled: "Leesburg landowner says Simon Property Group overcharged for property taxes" with publication date: December 13, 2017 was also an interesting one. (NYSE:SPG) rating on Monday, July 24. RBC Capital Markets maintained it with "Hold" rating and $176.0 target in Wednesday, November 1 report. The rating was maintained by Jefferies on Friday, June 16 with "Buy". The rating was downgraded by Citigroup to "Sell" on Thursday, September 28. Seven analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. (SPG) has 0 billion shares outstanding now, 98.34% of which belong to institutional investors. Its down 0.16, from 1.19 in 2017Q2. It increased, as 57 investors sold SPG shares while 202 reduced holdings. 297.03 million shares or 0.55% less from 298.66 million shares in 2017Q2 were reported. Nelson Van Denburg & Campbell Wealth Management Grp holds 0.05% or 867 shares in its portfolio.

Suffolk Capital Management Llc decreased its stake in Mistras Group Inc. (NYSE:SPG). Hamel Assocs reported 6,715 shares. Rhode Island-based Whalerock Point Prns Lc has invested 0.09% in Simon Property Group, Inc. More interesting news about Simon Property Group, Inc. Atria Investments Ltd Liability Company holds 0.02% of its portfolio in Simon Property Group, Inc.

Several analysts recently commented on SPG shares. Citigroup has invested 0% in Mistras Group, Inc. (NYSE:SPG). Ipswich Invest Mgmt Inc owns 1,347 shares. (NYSE:SPG). M&T Bank & Trust accumulated 122,946 shares. Wedge Mgmt L LP Nc invested 0.17% in Mistras Group, Inc.

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