SPG Simon Property Group Inc.
Simon Property Group, Inc. operates as a self-administered and self-managed real estate investment trust. It owns, develops and manages retail real estate properties which primarily consist of regional malls, premium outlets and mills. Simon Property Group specializes in the ownership, development, management, leasing, acquisition and expansion of income-producing retail real estate assets. The company was founded by Fred Simon, Herbert Simon and Melvin Simon in December 1993 and is headquartered in Indianapolis, IN.
Company profile
Ticker
SPG, SPG-PJ
Exchange
Website
CEO
David E. Simon
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
CORPORATE PROPERTY INVESTORS INC
SEC CIK
Corporate docs
IRS number
46268599
SPG stock data
()
Calendar
10 Aug 20
20 Sep 20
31 Dec 20
News
Financial summary
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| Annual (USD) | Dec 19 | Dec 18 | Dec 17 | Dec 16 | |
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Financial data from company earnings reports.
Recent insider trades
| Date | Owner | Security | Transaction | Code | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|
| 15 May 20 | Aeppel Glyn | Common Stock | Buy | Aquire P | No | 50.5 | 1,000 | 50.5K | 8,317 |
| 12 May 20 | Aeppel Glyn | Common Stock | Grant | Aquire A | No | 0 | 3,074 | 0 | 7,317 |
| 12 May 20 | Horn Karen N | Common Stock | Grant | Aquire A | No | 0 | 3,202 | 0 | 25,690 |
| 12 May 20 | Larry C Glasscock | Common Stock | Grant | Aquire A | No | 0 | 3,629 | 0 | 28,290 |
| 12 May 20 | Leibowitz Reuben S | Common Stock | Grant | Aquire A | No | 0 | 3,415 | 0 | 41,184 |
Institutional ownership Q2 2020
90.3% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 669 |
| Opened positions | 120 |
| Closed positions | 104 |
| Increased positions | 212 |
| Reduced positions | 258 |
13F shares |
Current |
|---|---|
| Total value | 235.35B |
| Total shares | 275.98M |
| Total puts | 10.49M |
| Total calls | 4.89M |
| Total put/call ratio | 2.1 |
Largest owners |
Shares | Value |
|---|---|---|
| Vanguard | 39.63M | $2.71B |
| BLK BlackRock | 31.74M | $2.17B |
| STT State Street | 19.75M | $1.35B |
| CNS Cohen & Steers | 19.02M | $1.3B |
| Capital World Investors | 13.22M | $903.65M |
| Nordea Investment Management Ab | 8.28M | $568.78M |
| Geode Capital Management | 6.6M | $450.99M |
| MS Morgan Stanley | 6.2M | $424.15M |
| NTRS Northern Trust | 5.77M | $394.65M |
| Dimensional Fund Advisors | 4.58M | $313.09M |
Financial report summary
?Management Discussion
- For the purposes of the following comparison between the three and six months ended June 30, 2020 and 2019, the above transactions are referred to as the property transactions. In the following discussions of our results of operations, “comparable” refers to properties we owned or held interests in and operated in both of the periods under comparison.
- Three months ended June 30, 2020 vs. Three months ended June 30, 2019
- Lease income decreased $285.1 million, of which the property transactions accounted for $1.0 million of the decrease. Comparable lease income decreased $284.1 million, or 21.9%. Total lease income decreased primarily due to decreases in fixed
Content analysis
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| Positive | ||
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H.S. junior Avg
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New words:
abatement, appeal, Bangkok, bargain, breached, California, certainty, Circuit, County, cyber, deferral, deployed, ensure, event, exhaustion, failure, forced, frustrate, gradually, improperly, indenture, inventory, Judicial, mandated, manufacturing, Oakland, outcome, piror, recession, reinstate, reinstitute, relief, remote, renamed, reorganize, representation, requesting, Siam, Sparc, suffered, Thailand, unpaid, vast, viability, worsen
Removed:
afford, core, recoverable, satisfaction, solid, trailing, undergoing, Union
Financial reports
10-Q
2020 Q2
Quarterly report
10 Aug 20
10-Q
2020 Q1
Quarterly report
11 May 20
10-K
2019 FY
Annual report
21 Feb 20
10-Q
2019 Q3
Quarterly report
6 Nov 19
10-Q
2019 Q2
Quarterly report
7 Aug 19
10-Q
2019 Q1
Quarterly report
8 May 19
10-K
2018 FY
Annual report
22 Feb 19
10-Q
2018 Q3
Quarterly report
2 Nov 18
10-Q
2018 Q2
Quarterly report
2 Aug 18
10-Q
2018 Q1
Quarterly report
3 May 18
Current reports
8-K
Results of Operations and Financial Condition
10 Aug 20
8-K
Simon Property Group Terminates Taubman Agreement
11 Jun 20
8-K
Submission of Matters to a Vote of Security Holders
13 May 20
8-K
Results of Operations and Financial Condition
11 May 20
8-K
Other Events
7 Apr 20
8-K
Departure of Directors or Certain Officers
2 Apr 20
8-K
Simon Property Group Announces Amended and Extended $6.0 Billion Revolving Credit Facility and Term Loan
16 Mar 20
8-K
Entry into a Material Definitive Agreement
11 Feb 20
8-K
Taubman Shareholders to Receive $52.50 Per Share in Cash
10 Feb 20
8-K
Results of Operations and Financial Condition
4 Feb 20
Registration and prospectus
S-8
Registration of securities for employees
8 May 19
S-3ASR
Automatic shelf registration
23 Feb 18
424B7
Prospectus with selling stockholder info
30 Dec 16
424B7
Prospectus with selling stockholder info
1 Mar 16
424B7
Prospectus with selling stockholder info
14 Dec 15
424B7
Prospectus with selling stockholder info
9 Nov 15
424B7
Prospectus with selling stockholder info
3 Apr 15
425
Business combination disclosure
20 Mar 15
425
Business combination disclosure
10 Mar 15
425
Business combination disclosure
9 Mar 15
Proxies
DEFA14A
Additional proxy soliciting materials
1 May 20
DEFA14A
Additional proxy soliciting materials
2 Apr 20
DEF 14A
Definitive proxy
2 Apr 20
DEFA14A
Additional proxy soliciting materials
27 Mar 19
DEF 14A
Definitive proxy
27 Mar 19
DEF 14A
Definitive proxy
28 Mar 18
DEFA14A
Additional proxy soliciting materials
28 Mar 18
DEF 14A
Definitive proxy
31 Mar 17
DEFA14A
Additional proxy soliciting materials
31 Mar 17
DEFA14A
Additional proxy soliciting materials
6 Apr 16
Other
UPLOAD
Letter from SEC
24 Mar 16
CORRESP
Correspondence with SEC
18 Mar 16
UPLOAD
Letter from SEC
10 Mar 16
UPLOAD
Letter from SEC
22 Jul 13
CORRESP
Correspondence with SEC
8 Jul 13
UPLOAD
Letter from SEC
28 Jun 13
NO ACT
No action letter
18 Jan 13
UPLOAD
Letter from SEC
5 Jun 12
CORRESP
Correspondence with SEC
4 Jun 12
UPLOAD
Letter from SEC
25 May 12
Ownership
SC 13G/A
SIMON PROPERTY / BlackRock ownership change
10 Jul 20
4
SIMON PROPERTY / Glyn Aeppel ownership change
18 May 20
4
SIMON PROPERTY / MARTA R STEWART ownership change
14 May 20
4
SIMON PROPERTY / J ALBERT SMITH JR ownership change
14 May 20
4
SIMON PROPERTY / Daniel C. Smith ownership change
14 May 20
4
SIMON PROPERTY / STEFAN M SELIG ownership change
14 May 20
4
SIMON PROPERTY / GARY M RODKIN ownership change
14 May 20
4
SIMON PROPERTY / REUBEN S LEIBOWITZ ownership change
14 May 20
4
SIMON PROPERTY / ALLAN B HUBBARD ownership change
14 May 20
4
SIMON PROPERTY / KAREN N HORN ownership change
14 May 20