Simon Property Group Inc (SPG) Relative Momentum On the Rise

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Two investment analysts have rated the stock with a sell rating, six have given a hold rating and twelve have given a buy rating to the company's stock. Therefore 57% are positive.

07/14/2017 - Simon Property Group, Inc. had its "hold" rating reiterated by analysts at Stifel Nicolaus.

As regular trading ended, Simon Property Group, Inc. The ex-dividend date of this dividend was Tuesday, August 15th. (NYSE:SPG) trades at $160.43 having a market capitalization of $50.26 billion. The rating was maintained by Jefferies on Tuesday, August 22 with "Buy". The stock has "Buy" rating by Evercore on Monday, March 7. On June 20 the company was set at "Buy" in a report from Goldman Sachs which was a boost from the previous "Conviction Buy" rating. Zacks upgraded the stock to "Hold" rating in Wednesday, August 26 report. Investors who are keeping close eye on the stock of CDK Global, Inc. It also upped Oneok Partners (NYSE:OKS) stake by 110,000 shares and now owns 579,291 shares. Salesforce Com (NYSE:CRM) was raised too. Shares for $232,400 were bought by LEIBOWITZ REUBEN S on Tuesday, March 28. The stock of Simon Property Group Inc (NYSE:SPG) has "Buy" rating given on Thursday, July 20 by Boenning & Scattergood. They expect $2.87 earnings per share, up 6.30% or $0.17 from last year's $2.7 per share. SPG's profit will be $892.12M for 14.16 P/E if the $2.87 EPS becomes a reality.

Investors sentiment decreased to 0.88 in Q4 2016. Its the same as in 2016Q3. It dived, as 68 investors sold SPG shares while 231 reduced holdings. In that case, its shares would mark a 2.27% decline from the most recent price. Pub Employees Retirement Association Of Colorado has invested 0% of its portfolio in Astoria Financial Corp (NYSE:AF).

Investors are a little more bearish on shares of Simon Property Group, Inc. if you look at the rise in short interest. NEXT Financial Group Inc increased its position in Simon Property Group by 498.3% in the third quarter. Ffcm LLC now owns 34,405 shares of the real estate investment trust's stock valued at $5,565,000 after purchasing an additional 2,074 shares in the last quarter. Glenmede Tru Na owns 284,090 shares. 97,664 were accumulated by Us Retail Bank De. Lowe Brockenbrough & Communications Incorporated, a Virginia-based fund reported 1,300 shares. Vantage Invest Limited invested 0.01% of its portfolio in Simon Property Group Inc (NYSE:SPG). The Company's segment primarily consists of the Chicago Mercantile Exchange Inc., Board of Trade of the City of Chicago, Inc. Neville Rodie And Shaw Inc holds 1.62% or 131,706 shares. Guardian Life Insurance Co. of America increased its holdings in Simon Property Group by 2.6% in the 1st quarter. Of Vermont reported 0.1% in Simon Property Group Inc (NYSE:SPG). Atlantic Trust Group Inc Ltd Limited Liability Company stated it has 402,126 shares or 0.47% of all its holdings.

Shares of California Resources Corp (CRC) are moving on volatility today 1.45% or $0.12 from the open.

Simon Property Group Inc. Chart
Simon Property Group (SPG) At $157.55 Forms Bottom; 5 Analysts Are Bullish Novartis AG (ADR) (NVS) Last Week

Since May 11, 2017, it had 0 insider purchases, and 1 insider sale for $1.32 million activity. About 36 shares traded. Kelley Thomas M. sold $1.36 million worth of stock or 25,000 shares.

Among 19 analysts covering Honeywell International Inc. Therefore 76% are positive. The Walt Disney Company had 119 analyst reports since July 24, 2015 according to SRatingsIntel. Jefferies maintained the stock with "Buy" rating in Wednesday, August 23 report. As per Wednesday, October 28, the company rating was downgraded by Mainfirst. As per Monday, January 9, the company rating was downgraded by Deutsche Bank. The rating was maintained by Canaccord Genuity on Monday, March 27 with "Buy". The stock has "Neutral" rating by UBS on Tuesday, November 1. The firm has "Equal-Weight" rating by Barclays Capital given on Friday, July 29. RBC Capital Markets maintained the stock with "Buy" rating in Thursday, June 1 report. The firm earned "Buy" rating on Friday, April 1 by Citigroup.

Investors sentiment increased to 1.13 in 2016 Q4. Cetera Advisor Netwr Lc holds 1,519 shares or 0.01% of its portfolio. 81 funds opened positions while 215 raised stakes. Northern Trust stated it has 5.00 million shares.

Adell Harriman & Carpenter Inc increased Royal Dutch Shell stake by 18,201 shares to 49,936 valued at $2.89 million in 2016Q4. Symphony Asset Mngmt accumulated 2,049 shares. Henderson Grp Inc Public Ltd Com holds 0.4% of its portfolio in Walt Disney Co (NYSE:DIS) for 514,626 shares.

Investors may be circling the wagons wondering what's in store for the stock market over the next few months. Riverpark Advsr Ltd Co holds 2.05% or 33,706 shares. Teacher Retirement Sys Of Texas reported 204,612 shares or 0.26% of all its holdings. Commonwealth Service Ltd Liability holds 0.02% or 93 shares in its portfolio. Clark Cap Mgmt Inc has 153,093 shares. Adage Cap Group Limited Liability invested in 450,263 shares or 0.22% of the stock. First Manhattan Co has 446,167 shares for 0.28% of their portfolio.

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