Simon Property Group (SPG) Stock Rating Lowered by JPMorgan Chase

Lawrence Kim
April 20, 2018

The Franklin Resources Inc holds 567,424 shares with $97.45 million value, up from 555,387 last quarter. The company has market cap of $48.87 billion. The stock decreased 0.45% or $0.69 during the last trading session, reaching $152.55. About 179,167 shares traded. It has outperformed by 23.53% the S&P500. Prudential Financial reported 0.31% stake. Security Capital Research And Mgmt, Illinois-based fund reported 851,238 shares. The stock decreased 1.40% or $0.41 during the last trading session, reaching $28.94. About 407,636 shares traded.

Analysts expect Simon Property Group, Inc. 15 are the (NYSE:SPG)'s ratings reports on April 19, 2018 according to StockzIntelligence Inc. It has underperformed by 20.99% the S&P500. The consumer services company at the end of 2017Q4 was valued at $749.66 million. BCE given 1 buy-equivalent recommendations, 0 sells and 9 holds. Therefore 64% are positive. The rating was upgraded by Societe Generale to "Hold" on Tuesday, September 6. (NYSE:SPG) rating on Friday, October 27. The stock of Simon Property Group, Inc. (NYSE:SPG) on Monday, August 17 to "Buy" rating. (NYSE:SPG) earned "Sector Perform" rating by RBC Capital Markets on Tuesday, November 1. The rating was maintained by Jefferies on Wednesday, January 31 with "Buy". This rating was released in a research note on Thursday morning. (NASDAQ:VRSN) has "Hold" rating given on Friday, March 16 by Robert W. Baird.

COPYRIGHT VIOLATION NOTICE: "Simon Property Group (SPG) Stock Rating Lowered by JPMorgan Chase" was first posted by The Lincolnian Online and is owned by of The Lincolnian Online. The stock has "Hold" rating by Stifel Nicolaus on Monday, July 24. The stock rating was maintained by Mizuho with "Buy" on Sunday, October 29.

Investors sentiment increased to 0.99 in Q4 2017. That's change of 0.01, from 2017Q3's 0.98.

Stock analysts at Jefferies Group reduced their Q1 2018 EPS estimates for shares of Simon Property Group in a research report issued on Thursday, April 12th, according to Zacks Investment Research. 74 funds opened positions while 178 raised stakes. Earnings per share is generally reported in annualized form from the most recent fiscal year. Raymond James Advisors has 0.02% invested in Simon Property Group, Inc. (NYSE:SPG) for 2,914 shares. Virginia Retirement System Et Al has invested 0.72% in Simon Property Group, Inc.

Pacad Investment Ltd, which manages about $440.53 million US Long portfolio, decreased its stake in Disney Walt Co (NYSE:DIS) by 3,483 shares to 24,427 shares, valued at $2.63 million in 2017Q4, according to the filing. Simon Property Group, Inc. Ibm Retirement Fund owns 7,776 shares or 0.25% of their United States portfolio. Pnc Grp Incorporated reported 75,564 shares or 0.01% of all its holdings. Valley Advisers holds 47 shares or 0% of its portfolio. (NYSE:SPG). Zurcher Kantonalbank (Zurich Cantonalbank) invested 0.15% of its portfolio in Simon Property Group, Inc. (NYSE:SPG). Goldman Sachs invested in 3.24 million shares.

American Financial Group Inc increased its stake in Tortoise Energy Infra Corp (TYG) by 89.65% based on its latest 2017Q4 regulatory filing with the SEC. (NYSE:SPG) for 269,666 shares. Wilbanks Smith And Thomas Asset Mngmt Limited Liability holds 0.21% or 20,719 shares in its portfolio. AXA grew its stake in Simon Property Group by 1.7% in the fourth quarter.

Simon Property Group Inc (NYSE:SPG) had an increase of 2.29% in short interest. Simon Ppty Group Inc New now has $54.45B valuation. Meag Munich Ergo Kapitalanlagegesellschaft MBH now owns 41,408 shares of the real estate investment trust's stock valued at $8,602,000 after buying an additional 4,800 shares during the last quarter. (NYSE:TDS) for 10,011 shares. The earnings per share growth over the next five years are expected to be 8.60%.

Investors sentiment decreased to 0.92 in Q4 2017. Its up 0.54, from 1.01 in 2017Q3. It worsened, as 60 investors sold INTC shares while 703 reduced holdings. 39 funds opened positions while 82 raised stakes. Panagora Asset Mngmt holds 0.11% or 177,646 shs in its capital. Markel Corporation invested in 0.4% or 165,000 shares. Pictet Asset Mgmt Limited owns 222,444 shares. Comml Bank holds 0.49% or 26,389 shs in its capital. Kbc Nv owns 92,309 shares for 0.14% of their portfolio. Freestone Cap Holding Limited Liability Com invested in 0.51% or 159,419 shares. Ibm Retirement Fund stated it has 7,776 shares. (NYSE:SPG). Asset reported 32,393 shares or 0.19% of all its holdings. Brookfield Asset Mngmt reported 3.44M shs. 1,838,254 shares of the company were exchanged.

In other news, Director Reuben S. Leibowitz acquired 1,400 shares of the business's stock in a transaction on Tuesday, March 28th. ValuEngine lowered Simon Property Group from a "buy" rating to a "hold" rating in a research report on Friday, February 2nd. Therefore 17% are positive. Intel Corporation had 241 analyst reports since August 7, 2015 according to SRatingsIntel. The company rating was maintained by RBC Capital Markets on Wednesday, January 31. RBC Capital Markets has "Hold" rating and $37.0 target. The firm has "Buy" rating by Jefferies given on Tuesday, May 30. On Monday, November 20 the stock rating was maintained by Maxim Group with "Buy". On Tuesday, January 5 the stock rating was downgraded by Citigroup to "Sell". The firm earned "Buy" rating on Thursday, August 25 by BTIG Research. As per Monday, July 27, the company rating was maintained by Topeka Capital Markets. UBS has "Sell" rating and $3300 target. The stock presently has a consensus rating of "Buy" and an average price target of $215.63.

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