How Many Simon Property Group, Inc. (NYSE:SPG)’s Analysts Are Bearish?

April 17, 2018 - By Vivian Park

Simon Property Group, Inc. (NYSE:SPG) LogoInvestors sentiment increased to 0.99 in 2017 Q4. Its up 0.01, from 0.98 in 2017Q3. It improved, as 50 investors sold Simon Property Group, Inc. shares while 204 reduced holdings. 74 funds opened positions while 178 raised stakes. 293.74 million shares or 1.11% less from 297.03 million shares in 2017Q3 were reported.
Koch invested in 0.03% or 1,310 shares. Guggenheim Cap Ltd Liability Corporation reported 313,711 shares or 0.13% of all its holdings. Neuberger Berman Group Inc Ltd Liability Corporation accumulated 0.1% or 500,612 shares. Roundview Ltd invested in 3,742 shares or 0.17% of the stock. The Colorado-based Pub Employees Retirement Association Of Colorado has invested 0.06% in Simon Property Group, Inc. (NYSE:SPG). Alpha Windward Ltd Liability stated it has 956 shares or 0.1% of all its holdings. Dimensional Fund Advsr Limited Partnership invested 0.31% of its portfolio in Simon Property Group, Inc. (NYSE:SPG). Northern Tru invested 0.23% of its portfolio in Simon Property Group, Inc. (NYSE:SPG). California-based Alpha Cubed Invests Ltd Llc has invested 0.07% in Simon Property Group, Inc. (NYSE:SPG). Hutchinson Cap Mngmt Ca owns 57,075 shares for 2.54% of their portfolio. Pnc Financial Grp Inc reported 75,564 shares or 0.01% of all its holdings. Lowe Brockenbrough And Inc invested 0.03% of its portfolio in Simon Property Group, Inc. (NYSE:SPG). California-based Schwab Charles Investment Mngmt Incorporated has invested 0.41% in Simon Property Group, Inc. (NYSE:SPG). Swiss Bank & Trust reported 1.15M shares. Northwestern Mutual Wealth Management Company holds 3,666 shares or 0% of its portfolio.

Simon Property Group, Inc. (NYSE:SPG) Ratings Coverage

Among 11 analysts covering Simon Property (NYSE:SPG), 7 have Buy rating, 0 Sell and 4 Hold. Therefore 64% are positive. Simon Property had 15 analyst reports since October 27, 2017 according to SRatingsIntel. The rating was downgraded by JP Morgan to “Neutral” on Tuesday, March 27. The firm earned “Buy” rating on Monday, February 12 by Jefferies. As per Tuesday, January 9, the company rating was maintained by BMO Capital Markets. The stock has “Hold” rating by RBC Capital Markets on Wednesday, November 1. On Monday, February 26 the stock rating was maintained by Barclays Capital with “Overweight”. On Wednesday, January 31 the stock rating was maintained by RBC Capital Markets with “Hold”. Jefferies maintained the stock with “Buy” rating in Friday, October 27 report. Jefferies maintained the shares of SPG in report on Wednesday, January 31 with “Buy” rating. Mizuho maintained Simon Property Group, Inc. (NYSE:SPG) rating on Sunday, October 29. Mizuho has “Buy” rating and $183.0 target. The company was maintained on Thursday, February 1 by Boenning & Scattergood. Below is a list of Simon Property Group, Inc. (NYSE:SPG) latest ratings and price target changes.

27/03/2018 Broker: J.P. Morgan Rating: Hold New Target: $175.0000 Downgrade
27/03/2018 Broker: JP Morgan Old Rating: Overweight New Rating: Neutral Downgrade
26/02/2018 Broker: Barclays Capital Old Rating: Overweight New Rating: Overweight Old Target: $190 New Target: $188 Maintain
12/02/2018 Broker: Jefferies Rating: Buy New Target: $186.0 Maintain
01/02/2018 Broker: Boenning & Scattergood Rating: Buy New Target: $240.0 Maintain
31/01/2018 Broker: RBC Capital Markets Rating: Hold New Target: $170.0 Maintain
31/01/2018 Broker: Jefferies Rating: Buy New Target: $190.0 Maintain
09/01/2018 Broker: BMO Capital Markets Rating: Buy New Target: $176.0 Maintain
30/11/2017 Broker: Raymond James Rating: Buy New Target: $185.0
01/11/2017 Broker: RBC Capital Markets Rating: Hold New Target: $176.0 Maintain

The stock increased 0.79% or $1.21 during the last trading session, reaching $153.49. About 581,916 shares traded. Simon Property Group, Inc. (NYSE:SPG) has declined 9.44% since April 17, 2017 and is downtrending. It has underperformed by 20.99% the S&P500.

Simon Property Group, Inc. is an equity real estate investment trust. The company has market cap of $54.79 billion. The firm invests in the real estate markets across the globe. It has a 24.6 P/E ratio. It engages in investment, ownership, management, and development of properties.

Simon Property Group, Inc. (NYSE:SPG) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.