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Mitsubishi UFJ Asset Management Co. Ltd. Boosts Stock Holdings in Simon Property Group, Inc. $SPG
Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Simon Property Group, Inc. by 4.5% in the fourth quarter, bringing their total holdings to 937,887 shares valued at $172.5 million. Other institutional investors like Wellington Management Group, Capital World Investors, and Vanguard Group also significantly adjusted their positions in the real estate investment trust. Analysts currently have a “Hold” rating on SPG, with a consensus price target of $200.14.