Simon Property Group, Inc. (SPG) - Barclays Maintains Rating And Raises Price Target

Marco Green
August 22, 2017

Simon Property Group, a self-administered and self-managed real estate investment trust. The Chapter Iv Investors Llc holds 550,000 shares with $35.97 million value, up from 262,500 last quarter.

Analyst notified mean rating at 1.90 after consensus analysis. It is 0.00% or $0 reaching $0.249 per share. About 1.15M shares traded. Simon Property Group Inc (NYSE:SPG) has declined 18.56% since August 21, 2016 and is downtrending. It has underperformed by 35.26% the S&P500. Paradigm Asset Management Company Lc invested 0% in Home Depot Inc (NYSE:HD). Sectoral Asset Management Inc sold 13,902 shares as Aerie Pharmaceuticals (AERI)'s stock declined 8.47%. Blackrock Japan Com holds 0.83% in Home Depot Inc (NYSE:HD) or 1.88 million shares. Eqt Corp now has $10.60 billion valuation. (SPG) has declined -2.3% and closed its last trading session at $153.58. Redwood Trust, Inc. (NYSE:RWT) has risen 20.96% since August 21, 2016 and is uptrending. It also reduced Flex Ltd (NASDAQ:FLEX) stake by 146,600 shares and now owns 880,400 shares.

Since June 5, 2017, it had 0 buys, and 1 insider sale for $100,000 activity. On Monday, April 3 Cary A. Bray Jr. bought $25,723 worth of EQT Corporation (NYSE:EQT) or 421 shares.

Investors sentiment increased to 1.38 in Q4 2016. Its up 2.11, from 1.06 in 2016Q3. 15 funds opened positions while 56 raised stakes. Moreover, Jpmorgan Chase has 0% invested in MacroGenics Inc (NASDAQ:MGNX) for 98,600 shares. See Peoples Bancorp Inc. Cohen Steers holds 0% or 12,227 shares. The Michigan-based Northpointe Ltd Liability Com has invested 0.77% in Aerie Pharmaceuticals Inc (NASDAQ:AERI). Ameritas Invest Prtnrs stated it has 0.2% in Home Depot Inc (NYSE:HD). Bancshares Of Montreal Can has 0% invested in Aerie Pharmaceuticals Inc (NASDAQ:AERI) for 748 shares. Future earnings predictions are perhaps the most essential input when trying to value a company. Essex Mgmt Ltd Liability Co holds 116,315 shares or 0.73% of its portfolio. Tru Of Virginia Va reported 1,959 shares. Orbimed Advsrs Limited Co reported 0.72% stake. Union Comml Bank Corp reported 0.32% of its portfolio in Home Depot Inc (NYSE:HD). Muhlenkamp Co invested in 12,803 shares or 0.08% of the stock. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and eleven have given a buy rating to the company's stock. Aerie Pharmaceuticals had 30 analyst reports since August 7, 2015 according to SRatingsIntel. On June 20 the stock rating was upgraded from "Conviction Buy" to "Buy" in a report from Goldman Sachs. The firm has "Sector Perform" rating by RBC Capital Markets given on Tuesday, August 2. Citigroup accumulated 3,761 shares. As per Wednesday, November 18, the company rating was maintained by Cantor Fitzgerald. RBC Capital Markets has "Outperform" rating and $210 target. The stock is a Buy among 19 brokerage firms polled by Factset Research. The company was upgraded on Monday, March 7 by Evercore. The stock of Aerie Pharmaceuticals Inc (NASDAQ:AERI) has "Outperform" rating given on Wednesday, November 4 by RBC Capital Markets.

Investors sentiment decreased to 0.88 in Q4 2016. Its up 0.06, from 1.13 in 2016Q3. It is positive, as 1 investors sold Shiloh Industries, Inc. shares while 5 reduced holdings. 22 funds opened positions while 54 raised stakes. Vanguard Incorporated reported 1.31 million shares or 0% of all its holdings. Lastly, IHT Wealth Management raised its stake in stocks of Simon Property Group by 5.3% in the Q1. Prospector Partners owns 44,834 shares for 0.89% of their portfolio. Ontario Teachers Pension Plan Board has 0.06% invested in Simon Property Group Inc (NYSE:SPG). The stock of Simon Property Group Inc (NYSE:SPG) has "Buy" rating given on Wednesday, October 28 by Stifel Nicolaus. Global X Mngmt Company Limited Company holds 0.02% in Simon Property Group Inc (NYSE:SPG) or 2,548 shares. National Planning Corp owns 14,942 shares for 0.16% of their portfolio. Alpine Woods Cap Investors Ltd Llc reported 138,679 shares. On Thursday, February 23 Crow Timothy M sold $12.82 million worth of Home Depot Inc (NYSE:HD) or 88,253 shares. 2131492 shares were traded on Simon Property Group, Inc.'s last session. Clearbridge Invests Ltd reported 241,562 shares. Hennessy Incorporated holds 0.67% or 345,032 shares in its portfolio.

Among 16 analysts covering Simon Property Group (NYSE:SPG), 10 have Buy rating, 0 Sell and 6 Hold. Therefore 63% are positive. Simon Property Group had a net margin of 32.07% and a return on equity of 39.29%. The company was maintained on Friday, June 16 by Jefferies. It was reported on Aug, 22 by BTIG Research has "Buy" rating and $266 target. The firm has "Buy" rating by Zacks given on Monday, August 10.

Equities analysts predict that Simon Property Group, Inc. Whittier Of Nevada Inc stated it has 0.02% in Simon Property Group Inc (NYSE:SPG). The company was maintained on Tuesday, July 18 by Barclays Capital.

Another critical number in evaluating a stock is P/E or Price to Earnings ratio. It also upped Cisco Sys Inc (NASDAQ:CSCO) stake by 11,915 shares and now owns 136,651 shares.

Since March 28, 2017, it had 1 buy, and 0 insider sales for $232,400 activity. Canaccord Genuity initiated Simon Property Group Inc (NYSE:SPG) on Wednesday, July 22 with "Buy" rating.

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