Simon Property Group Inc (NYSE:SPG) Shares Bought by KBC Group NV

Marco Green
December 17, 2017

Lasalle Investment Management Securities Llc sold 394,732 shares as the company's stock declined 12.82% while stock markets rallied. The institutional investor held 793,333 shares of the consumer services company at the end of 2017Q2, valued at $128.33 million, up from 634,837 at the end of the previous reported quarter. Fifth Third Bancorp who had been investing in Simon Ppty Group Inc New for a number of months, seems to be less bullish one the $60.07 billion market cap company. The stock increased 1.32% or $0.5 during the last trading session, reaching $38.24.

BlackRock Inc. boosted its stake in shares of Simon Property Group, Inc.

Simon Property Group (NYSE:SPG) last announced its quarterly earnings data on Friday, October 27th. It has underperformed by 35.26% the S&P500.

Gluskin Sheff & Assoc Inc increased Diageo Plc (DEO) stake by 19.35% reported in 2017Q2 SEC filing. Sigma Planning Corp now owns 3,832 shares of the real estate investment trust's stock worth $620,000 after purchasing an additional 40 shares during the last quarter. Farmers Tru invested in 1,734 shares. Alpha Cubed Investments Llc who had been investing in At&T Inc for a number of months, seems to be less bullish one the $234.76 billion market cap company. Stratos Wealth Partners LTD. now owns 1,760 shares of the real estate investment trust's stock worth $285,000 after purchasing an additional 45 shares during the last quarter. About 21.42 million shares traded or 1.44% up from the average. NetEase, Inc. (NASDAQ:NTES) has risen 77.85% since December 15, 2016 and is uptrending. It has outperformed by 27.72% the S&P500.

Investors sentiment increased to 1.22 in Q2 2017. Its down 0.02, from 0.84 in 2017Q1. Everence Mngmt invested in 8,293 shares. 132 funds opened positions while 703 raised stakes. (NYSE:T). Meeder Asset Inc has invested 0.7% in AT&T Inc. Texas Permanent School Fund owns 87,718 shares. Commonwealth Bank of Australia now owns 538,964 shares of the real estate investment trust's stock valued at $86,769,000 after acquiring an additional 158,688 shares during the period. Narwhal Capital has 2.49% invested in Microsoft Corporation (NASDAQ:MSFT). Jane Street Ltd Limited Liability Company stated it has 18,387 shares or 0.01% of all its holdings. Amer Investment Svcs stated it has 7,972 shares or 0.45% of all its holdings. After $0.74 actual earnings per share reported by AT&T Inc. for the previous quarter, Wall Street now forecasts -10.81% negative EPS growth. Sumitomo Mitsui Asset Co Limited reported 380,746 shares. 203,113 are owned by Chilton Mgmt Limited Liability Corp. Independent Order Of Foresters invested in 9.17% or 68,330 shares. 5,370 were reported by Moody Bank & Trust Division. The institutional investor held 72,362 shares of the capital goods company at the end of 2017Q2, valued at $10.37 million, up from 41,255 at the end of the previous reported quarter. Ar Asset Mgmt has 2,200 shares for 0.14% of their portfolio. Old Dominion Management invested 0.59% in Microsoft Corporation (NASDAQ:MSFT). With 1.60M avg volume, 9 days are for Simon Property Group Incorporated (NYSE:SPG)'s short sellers to cover SPG's short positions. Therefore 83% are positive. NVR had 12 analyst reports since July 22, 2015 according to SRatingsIntel. On Tuesday, August 2 the stock rating was downgraded by RBC Capital Markets to "Sector Perform". The rating was maintained by Barclays Capital on Wednesday, August 5 with "Overweight". The company was upgraded on Wednesday, August 26 by Zacks. The firm has "Buy" rating given on Monday, July 24 by Jefferies. As per Friday, July 14, the company rating was maintained by Stifel Nicolaus. The stock has "Neutral" rating by Macquarie Research on Tuesday, April 5. The firm has "Outperform" rating given on Tuesday, February 2 by RBC Capital Markets. As per Friday, July 14, the company rating was maintained by Jefferies. The firm has "Hold" rating by Deutsche Bank given on Monday, January 9. The stock has "Underperform" rating by Bernstein on Wednesday, January 11. (NYSE:T). Menora Mivtachim Limited invested in 1.30M shares or 2.29% of the stock. KOH BOON HWEE also sold $286,335 worth of Agilent Technologies, Inc. They expect $0.86 EPS, up 3.61% or $0.03 from last year's $0.83 per share. SPG's profit will be $1.12B for 13.23 P/E if the $3.13 EPS becomes a reality. The firm has a market capitalization of $107,359.80, a P/E ratio of 15.24, a price-to-earnings-growth ratio of 2.27 and a beta of 0.62. Riggs Asset Managment Inc owns 772 shares for 0.06% of their portfolio. It also reduced its holding in Sherwin Williams Co (NYSE:SHW) by 4,548 shares in the quarter, leaving it with 54,896 shares, and cut its stake in Kla (NASDAQ:KLAC).

Investors sentiment increased to 1.15 in 2017 Q2. Its the same as in 2017Q1. It is positive, as 65 investors sold SPG shares while 244 reduced holdings. The real estate investment trust reported $2.89 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $2.88 by $0.01. Moreover, Mark Sheptoff Fincl Planning Limited Liability has 0% invested in Simon Property Group, Inc.

Bragg Financial Advisors Inc decreased Anixter Intl Inc (NYSE:AXE) stake by 4,038 shares to 42,794 valued at $3.35 million in 2017Q2. Keybank National Association Oh holds 3,500 shares or 0% of its portfolio. State Of New Jersey Common Pension Fund D reported 498,405 shares or 0.33% of all its holdings. National Bank & Trust Of Montreal Can invested in 0.03% or 223,748 shares. Simon Property Group, Inc. The fund owned 70,885 shares of the real estate investment trust's stock after selling 1,035 shares during the period. Schmidt P J Invest Mgmt holds 59,779 shares.

Simon Property Group Inc (SPG) opened at $167.81 on Friday. (NYSE:SPG) for 110 shares. Livforsakringsbolaget Skandia Omsesidigt holds 0.03% in Agilent Technologies, Inc. Morgan Stanley holds 0% or 8,944 shares. (NYSE:VAR). Ontario - Canada-based Financial Bank Of Nova Scotia has invested 0.01% in Varian Medical Systems, Inc.

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