July 16, 2018

Simon Property Group Inc (SPG) Releases FY17 Earnings Guidance

13 August 2017, 08:02 | Elsie Buchanan

Simon Property Group, Inc. now has a P/E ratio of 28.10 and the market cap of the company is 49.00B. The stock rose 2.10% or $2.55 reaching $124.18. About 6 shares traded. (NASDAQ:BRCD) has risen 58.47% since August 11, 2016 and is uptrending. National Pension Service now owns 234,449 shares of the real estate investment trust's stock worth $39,866,000 after buying an additional 17,880 shares during the period. Institutional investors and hedge funds own 95.64% of the company's stock. Simon Ppty Group Inc New now has $50.09 billion valuation. About 503,485 shares traded. Simon Property Group, Inc. has a 52 week low of $150.15 and a 52 week high of $219.41. It has underperformed by 35.26% the S&P500. Da Davidson & reported 0% of its portfolio in Colfax Corp (NYSE:CFX). During the same quarter previous year, the business posted $2.63 earnings per share. Oppenheimer & Inc owns 1,880 shares.

Among 17 analysts covering PVH Corp (NYSE:PVH), 15 have Buy rating, 0 Sell and 2 Hold. Therefore 41% are positive. GTT Communications had 12 analyst reports since August 7, 2015 according to SRatingsIntel. The company was maintained on Friday, April 1 by Citigroup. As per Friday, January 20, the company rating was downgraded by SunTrust.

August 8 investment analysts at Barclays made no change to the company rating of "Overweight" and raised the price target to $190.00 from $188.00. The company was maintained on Thursday, August 25 by Goldman Sachs. The firm has "Neutral" rating given on Friday, September 25 by Bank of America. The company was maintained on Tuesday, December 1 by UBS. Stifel Nicolaus maintained the shares of SPG in report on Wednesday, October 28 with "Buy" rating. Shares for $232,400 were bought by LEIBOWITZ REUBEN S on Tuesday, March 28. The insider England Gale E. sold $5.73M. SHIFFMAN STEVEN B sold $232,812 worth of PVH Corp (NYSE:PVH) on Wednesday, June 14. Its up 0.11, from 0.75 in 2016Q3. The total value of its holdings decreased 42.7%. Breton Hill Capital invested in 0.17% or 8,951 shares. Macquarie Grp Ltd invested in 0.18% or 534,843 shares. Chem Bankshares owns 37,642 shares or 0.4% of their USA portfolio. Retirement System Of Alabama invested in 148,937 shares or 0.15% of the stock. 410.43 million shares or 3.17% more from 397.80 million shares in 2016Q3 were reported. Jane Street Group Limited Liability Corp stated it has 60,837 shares. 40,111 were reported by Metropolitan Life Insur. Sit Inv Assocs invested 0.01% in Caterpillar Inc. The company was initiated on Wednesday, May 18 by Bank of America. Zeke Cap Advsr Limited Liability Company owns 1,615 shares for 0.08% of their portfolio. Hudson Valley Inv Advisors Inc Adv has invested 0.15% of its portfolio in Caterpillar Inc. Pggm Investments owns 2.63 million shares. (NYSE:SPG) by 14.2% during the second quarter, Holdings Channel reports. On Monday, May 15 the insider Winter Matthew E sold $2.87M.

European markets open lower on Friday
The single-session equity put/call ratio jumped to 0.83 - the highest since April - and the 21-day moving average rose to 0.65. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, popped almost 11 percent to 11.02.

Investors sentiment decreased to 0.88 in Q4 2016. It dropped, as 68 investors sold SPG shares while 231 reduced holdings. 67 funds opened positions while 196 raised stakes. 266.79 million shares or 0.98% less from 269.42 million shares in 2016Q3 were reported. The Osterweis Capital Management Inc holds 201,092 shares with $5.78M value, up from 106,350 last quarter.

Quest Investment Management Inc increased Simon Property Group (SPG) stake by 30.88% reported in 2016Q4 SEC filing. 1,556 were accumulated by Washington Tru. Chevy Chase Holdg has 0.25% invested in Simon Property Group Inc (NYSE:SPG).

Bluestein R H & Company decreased Astrazeneca Plc Sp Adr (NYSE:AZN) stake by 224,150 shares to 113,550 valued at $3.10M in 2016Q4.

Nemanja Matic says taking Chelsea's title is his aim with Man United
He added: "I think we played everything so we don't lose this game". "Matic knows very well what I think about him". We hope it is a good year for him and the team.

The company is so far trading down by -2.25% since yesterday's close of $161.15. (NASDAQ:BRCD) or 7,811 shares. 1,839,334 shares of the stock were exchanged. Has $14.35 Million Position in Simon Property Group, Inc.

Simon Property Group, (NYSE:SPG) started trading at 163.41 on Early Thur. Verition Fund Mgmt Limited Com reported 4,719 shares. State Treasurer State Of Michigan holds 0.14% of its portfolio in Simon Property Group Inc (NYSE:SPG) for 102,798 shares. Pitcairn accumulated 0.25% or 27,172 shares. Spectrum Management Group Inc Inc has invested 0.67% in Simon Property Group Inc (NYSE:SPG). On average, equities analysts forecast that Simon Property Group, Inc. will post $6.43 EPS for the current fiscal year. Therefore 53% are positive. Simon Property Group had 47 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Piper Jaffray on Monday, July 24 with "Hold". The firm has "Neutral" rating by Macquarie Research given on Wednesday, April 19. Finally, ValuEngine downgraded Simon Property Group from a "buy" rating to a "hold" rating in a research note on Friday, June 2nd. The firm has "Hold" rating given on Monday, November 16 by Evercore. RBC Capital Markets maintained the shares of SPG in report on Tuesday, July 28 with "Outperform" rating. Argus Research maintained Simon Property Group Inc (NYSE:SPG) on Thursday, August 11 with "Buy" rating. The company now has an average rating of "Buy" and an average price target of $195.01. Barclays Capital maintained it with "Overweight" rating and $188 target in Tuesday, July 18 report. Stifel Nicolaus has "Hold" rating and $111 target. More interesting news about Simon Property Group Inc (NYSE:SPG) were released by: and their article: "Simon Property (SPG) to Report Q2 Earnings: What's in Store?" published on July 26, 2017 as well as's news article titled: "Simon Property Group Series J Cumulative Redeemable Preferred Stock Shares ..." with publication date: July 31, 2017.

Bluestein R H & Company increased Deere & Co (DE) stake by 480% reported in 2016Q4 SEC filing. Benjamin F Edwards holds 0% of its portfolio in Simon Property Group Inc (NYSE:SPG) for 116 shares.

Stocks slide on continued concern over tension between USA and North Korea
If you think this is just rattling sabers, and it's just words, then you could view this as a buying opportunity". The Russian dollar-traded index RTS was down 1.49 percent, and ruble-traded MICEX fell 1.29 percent by midday.

Other News

Trending Now

Donald Trump responds to N.Korea, says US is 'locked and loaded'
At the same time, Beijing will respond if the US and South Korea strike first and try to overthrow the North Korean regime. Guam is home to a USA air base, a Navy installation, a Coast Guard group and roughly 6,000 U.S. military personnel.

Jose Mourinho "happy" with Romelu Lukaku, Nemanja Matic displays
Speaking on BT Sport, Scholes said: "I really like the Matic signing". "It is just how he uses that talent in the team". We want to be competitive and we want to fight for the title again.

Tesla's autonomous trucks will move in platoons, report says
Guggenheim reissued a "buy" rating and issued a $320.00 price target on shares of Tesla in a report on Wednesday, April 19th. WARNING: This report was first posted by Community Financial News and is the property of of Community Financial News.

Moto X4 images along with it's specs leaked online
As for availability, we're not sure when the Moto X4 will go on sale but we'll let you know as soon as we have more information. Now, the press renders of the Moto X4 have been leaked contributing to the already outpouring news related to the smartphone.

Pass Attempt Breakdown Of Steelers QB Joshua Dobbs Against Giants
Orleans Darkwa - not starter Paul Perkins - gained the most traction among Giants running backs (three rushes for 18 yards). If you didn't get a chance to catch any highlights of the Steelers-Giants game, here's what that sack looked like.

Here's where the clearest skies will be during the total solar eclipse
Why don't they happen more often? However, as totality is ending, there's a flash of sunlight when the moon moves off the sun. Eclipse Safari offers the NASA live stream of the Eclipse and a Twitter feed with the latest eclipse related tweets.

Brighton vs Man United Premier League Results 12 Aug 2017
Brighton boss Chris Hughton: "For 70 minutes I thought we were good, there's only one way we can play against a team like City. Craig Burley believes Manchester City's victory over Brighton is just the beginning for Pep Guardiola & Co.

The South Jersey Industries, Inc. (SJI) Posts Earnings Results, Hits Expectations
The stock of South Jersey Industries Inc (NYSE:SJI) earned "Neutral" rating by Hilliard Lyons on Wednesday, December 9. It increased, as 22 investors sold DLX shares while 116 reduced holdings. (SJI) is an energy services holding company.

Detroit Tigers vs. Minnesota Twins
Matthew Boyd toes the rubber for the Detroit Tigers with the Minnesota Twins in town on Sunday afternoon. He is 5-1 with a 3.52 ERA against the Twins, the only major-league team he has beaten more than twice.

Tropical depression forms off the East Coast
If wind speed grows to 39 miles per hour , the National Hurricane Center it would become Tropical Storm Gert. Tropical Depression Eight formed a couple hundred miles northeast of the Bahamas on Saturday night.