$2.76 EPS Expected for Simon Property Group Inc (SPG) This Quarter

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27 May, 2017

Zacks has "Hold" rating and $198 target. As per Wednesday, October 28, the company rating was maintained by Stifel Nicolaus. Goldman Sachs Group Inc downgraded Simon Property Group from a "buy" rating to a "neutral" rating and cut their target price for the stock from $207.00 to $185.00 in a research report on Friday, March 17th. The stock of Arista Networks Inc (NYSE:ANET) has "Sector Perform" rating given on Wednesday, August 31 by RBC Capital Markets. The rating was downgraded by Evercore to "Hold" on Monday, November 16. The stock presently has a consensus rating of "Buy" and a consensus target price of $212.55. The firm has "Hold" rating by Northland Capital given on Friday, April 21. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The institutional investor held 755,825 shares of the real estate investment trusts company at the end of 2016Q4, valued at $18.46 million, up from 701,878 at the end of the previous reported quarter. During the same quarter in the prior year, the company posted $2.63 earnings per share. They noted that the move was a valuation call. The stock rose 0.25% or $0.19 reaching $76.81. Shareholders of record on Wednesday, May 17th will be given a $1.75 dividend. (ICB) has risen 0.67% since May 25, 2016 and is uptrending. It has outperformed by 28.15% the S&P500. One investment analyst has rated the stock with a sell rating, five have given a hold rating and eight have issued a buy rating to the company's stock. Therefore 40% are positive. MacQuarie Infrastructure had 11 analyst reports since August 5, 2015 according to SRatingsIntel. Deutsche Bank maintained the stock with "Buy" rating in Wednesday, November 18 report. Berenberg has "Sell" rating and $90 target. The stock of Macquarie Infrastructure Corp (NYSE:MIC) has "Overweight" rating given on Thursday, March 24 by JP Morgan. The company was initiated on Tuesday, October 25 by Argus Research. The firm has "Equal-Weight" rating given on Tuesday, February 9 by Barclays Capital. The firm earned "Neutral" rating on Monday, August 22 by UBS. Brookfield Asset Management Inc bought 495,300 shares as the company's stock declined 12.82% while stock markets rallied. It also reduced Accenture Plc Ireland Shs Class A (NYSE:ACN) stake by 43,112 shares and now owns 938,867 shares. Bryn Mawr Bank Corp (NASDAQ:BMTC) was raised too.

This increase is typical for the uptrend and shows the considerable optimism among investors. Its down 1.19, from 2.43 in 2016Q3. 118 funds opened positions while 208 raised stakes. 120,000 were reported by Factory Mutual Insur. Sei Investments reported 0% of its portfolio in Crane Co. The Fund is a full service securities firm engaged in securities trading and brokerage activities, investment banking, research and analysis, financing and financial advisory services. 8,803 were reported by Van Cleef Asset Managementinc.

The stock has actually made sharp losses in the past year, as the company has gathered a -25.08% return in the past twelve months. Tiaa Cref Tru Com Fsb Mo stated it has 13,968 shares. Intact Invest Mngmt holds 3,700 shares or 0.02% of its portfolio. Howland Mgmt Limited Liability Corp accumulated 0.02% or 1,312 shares. Northeast Finance Consultants accumulated 0.47% or 10,242 shares. Wells Fargo And Mn holds 722,167 shares or 0.02% of its portfolio. Vantage Inv Advsrs Limited Liability invested in 1,496 shares or 0.04% of the stock. Fin Counselors Inc owns 1,452 shares. Principal invested in 419,527 shares.

Since March 28, 2017, it had 1 insider buy, and 0 insider sales for $232,400 activity. Shares for $899,568 were sold by Curran Brendan on Friday, February 24. The insider Horgan Mark bought 2,700 shares worth $50,625. The insider Baron Curtis A JR sold $426,949. SIEGEL STEVEN F had sold 6,000 shares worth $145,860.

Investors sentiment decreased to 1.24 in 2016 Q4. The stock increased 1.52% or $0.28 during the last trading session, reaching $18.76. Simon Property Group has a one year low of $152.09 and a one year high of $229.10. 29 funds opened positions while 106 raised stakes.

The number of shares now held by investors is 304.89 Million. Moreover, Bragg Fincl Advisors has 0.04% invested in Simon Property Group Inc (NYSE:SPG) for 1,413 shares. 2,962 were accumulated by Bancshares Hapoalim Bm. Cullinan Associates invested in 28,042 shares or 0.42% of the stock.

Simon Property Group (NYSE:SPG) last announced its earnings results on Tuesday, January 31st. The Illinois-based Ativo Capital Management Ltd Llc has invested 0.69% in Simon Property Group Inc (NYSE:SPG). Retirement System Of Alabama reported 148,937 shares. Bradley Foster Sargent Ct reported 0.09% in Simon Property Group Inc (NYSE:SPG). Thompson Davis, Virginia-based fund reported 95 shares. Financial Counselors invested 0.01% in Simon Property Group Inc (NYSE:SPG).

11/01/2016 - Simon Property Group, Inc. had its " rating reiterated by analysts at RBC Capital. Echo Street Management Limited Liability Corp reported 0.39% in Simon Property Group Inc (NYSE:SPG). 411,001 are owned by Athena Capital Advsr. About 92,640 shares traded. Washington Comml Bank invested 0.02% of its portfolio in Simon Property Group Inc (NYSE:SPG). It has underperformed by 12.66% the S&P500. The real estate investment trust reported $2.74 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.76 by $0.02. The stock has a market capitalization of $5.71 billion, a price-to-earnings ratio of 19.931 and a beta of 0.54. It has a 47.73 P/E ratio. The consensus recommendation by Thomson Reuters analysts is Outperform and their mean rating for the stock is 1.91 on scale of 1-5. (Operating Partnership), is the Company's partnership subsidiary that owns all of its real estate properties and other assets. The shares were purchased at an average cost of $166.00 per share, for a total transaction of $232,400.00.


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