Duff & Phelps Investment Management Co. decreased its stake in Simon Property Group, Inc. (NYSE:SPG) by 4.8% in Q3, holding shares valued at $153.50 million. Other institutional investors like Norges Bank, Capital World Investors, and JPMorgan Chase & Co. have also significantly altered their positions in SPG. Analysts currently have a consensus “Hold” rating for Simon Property Group with a target price of $199.36, and the company recently announced a quarterly dividend and a $2.00 billion stock buyback program.
Duff & Phelps Investment Management Co. Has $153.50 Million Holdings in Simon Property Group, Inc. $SPG
Duff & Phelps Investment Management Co. decreased its stake in Simon Property Group, Inc. (NYSE:SPG) by 4.8% in Q3, holding shares valued at $153.50 million. Other institutional investors like Norges Bank, Capital World Investors, and JPMorgan Chase & Co. have also significantly altered their positions in SPG. Analysts currently have a consensus “Hold” rating for Simon Property Group with a target price of $199.36, and the company recently announced a quarterly dividend and a $2.00 billion stock buyback program.