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Davis Selected Advisers Has $12.25 Million Holdings in Simon Property Group, Inc. $SPG
Davis Selected Advisers reduced its stake in Simon Property Group (NYSE:SPG) by 13.7% in Q4, now holding 66,183 shares valued at $12.25 million. Simon Property Group exceeded Q4 earnings estimates with $3.49 EPS and $1.79 billion revenue, and provided a strong FY2026 EPS guidance. The company also announced a $2.20 quarterly dividend, a 4.3% yield, and a $2.0 billion share repurchase program.