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PFA Pension Forsikringsaktieselskab Makes New $28.15 Million Investment in Simon Property Group, Inc. $SPG
PFA Pension Forsikringsaktieselskab has made a significant new investment of $28.15 million in Simon Property Group, acquiring 150,686 shares in the fourth quarter. This move highlights institutional confidence in the real estate investment trust, with 93.01% of the stock now owned by institutional investors. Wall Street analysts generally hold a “Hold” rating for SPG, with a consensus target price of $200.14.