Over the recent period, several investment and advisory entities have been engrossed in the activities of Simon Property Group (SPG). Integrated Advisors Network LLC and CIBC Private Wealth Group LLC notably increased their shares, while others like Heitman Real Estate Securities LLC decreased their holdings in SPG. Regal Investment Advisors and Waterloo Capital took new positions in SPG. Meanwhile, the firm's price target has been raised to $168.00 by Argus. Despite some instances of underperformance when compared to competitors, SPG has seen significant days of outperforming other firms. Notably, SPG has raised its dividends and increased its 2024 earnings guidance; the company has recorded strong Q1 results and has also increased its quarterly dividends. In terms of corporate governance, David Simon, CEO of SPG, is undergoing cancer treatment, and the firm has welcomed Nina P. Jones to its Board of Directors. The firm recently sold part of Albertville Premium Outlets and has also announced its offering of Euro-denominated bonds exchangeable into shares of Klépierre S.A. SPG continues to show its strength with 7 straight sessions of gains.
Simon Property Group SPG News Analytics from Fri, 25 Aug 2023 07:00:00 GMT to Sun, 16 Jun 2024 10:42:22 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor -4
