Simon Property Group
About: Simon Property Group is the largest retail real estate investment trust in the United States. Its portfolio includes an interest in 232 properties: 134 traditional malls, 73 premium outlets, 14 Mills centers (a combination of a traditional mall, outlet center, and big-box retailers), six lifestyle centers, and five other retail properties. Simon's portfolio averaged $733 in sales per square foot over the trailing 12 months. The company also owns a 22% interest in Klépierre, a European retail company with investments in shopping centers in 14 countries, and joint-venture interests in 33 premium outlets across 11 countries.
Employees: 3,000
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
35% more first-time investments, than exits
New positions opened: 123 | Existing positions closed: 91
26% more repeat investments, than reductions
Existing positions increased: 492 | Existing positions reduced: 391
1.53% more ownership
Funds ownership: 87.48% [Q1] → 89.01% (+1.53%) [Q2]
7% more call options, than puts
Call options by funds: $342M | Put options by funds: $319M
1% more funds holding
Funds holding: 1,177 [Q1] → 1,183 (+6) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 17 [Q1] → 17 (+0) [Q2]
1% less capital invested
Capital invested by funds: $47.4B [Q1] → $46.7B (-$660M) [Q2]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
Piper Sandler
Alexander Goldfarb
|
$210
|
Overweight
Maintained
|
18 Sep 2025 |
Evercore ISI Group
Steve Sakwa
|
$187
|
In-Line
Downgraded
|
15 Sep 2025 |
Morgan Stanley
Ronald Kamdem
|
$180
|
Equal-Weight
Maintained
|
11 Sep 2025 |
Argus Research
Marie Ferguson
|
$185
|
Buy
Reiterated
|
5 Sep 2025 |
Scotiabank
Nicholas Yulico
|
$173
|
Sector Perform
Maintained
|
28 Aug 2025 |
Truist Securities
Ki Bin Kim
|
$169
|
Hold
Maintained
|
25 Aug 2025 |
JP Morgan
Michael Mueller
|
$184
|
Neutral
Maintained
|
22 Aug 2025 |
Stifel
Simon Yarmak
|
$179
|
Buy
Maintained
|
5 Aug 2025 |
Ladenburg Thalmann
Destiny Hance
|
$225
|
Buy
Initiated
|
18 Jul 2025 |
Barclays
Richard Hightower
|
$170
|
Equal-Weight
Initiated
|
2 Jul 2025 |
Financial journalist opinion
Based on 11 articles about SPG published over the past 30 days