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SPG Simon Property

Simon Property Group, Inc. is a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations and an S&P 100 company Its properties across North America, Europe and Asia provide community gathering places for millions of people every day and generate billions in annual sales.

Company profile

Ticker
SPG, SPG-PJ
Exchange
Website
CEO
David Simon
Employees
Incorporated
Location
Fiscal year end
Former names
CORPORATE PROPERTY INVESTORS INC
SEC CIK
IRS number
46268599

SPG stock data

(
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Calendar

10 May 21
4 Aug 21
31 Dec 21
Quarter (USD)
Mar 21 Dec 20 Sep 20 Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Dec 20 Dec 19 Dec 18 Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 935.84M 935.84M 935.84M 935.84M 935.84M 935.84M
Cash burn (monthly) 25.26M 232.42M (positive/no burn) (positive/no burn) (positive/no burn) (positive/no burn)
Cash used (since last report) 104.5M 961.54M n/a n/a n/a n/a
Cash remaining 831.34M -25.7M n/a n/a n/a n/a
Runway (months of cash) 32.9 -0.1 n/a n/a n/a n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
23 Jul 21 Larry C Glasscock Common Stock Buy Aquire P No No 123.87 207 25.64K 31,312
23 Jul 21 Aeppel Glyn Common Stock Buy Aquire P No No 123.87 105 13.01K 10,413
23 Jul 21 Rodkin Gary M Common Stock Buy Aquire P No No 123.87 115 14.25K 10,325
23 Jul 21 Leibowitz Reuben S Common Stock Buy Aquire P No No 123.87 297 36.79K 44,702
23 Jul 21 Hubbard Allan B Common Stock Buy Aquire P No No 123.87 238 29.48K 24,977

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

90.2% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 829 768 +7.9%
Opened positions 146 184 -20.7%
Closed positions 85 82 +3.7%
Increased positions 316 288 +9.7%
Reduced positions 252 210 +20.0%
13F shares
Current Prev Q Change
Total value 33.31B 26.1B +27.6%
Total shares 296.29M 306.53M -3.3%
Total puts 9.75M 13.36M -27.0%
Total calls 6.55M 6.79M -3.5%
Total put/call ratio 1.5 2.0 -24.4%
Largest owners
Shares Value Change
Vanguard 46.61M $5.3B +1.8%
BLK Blackrock 34.45M $3.92B -3.3%
CNS Cohen & Steers 19.62M $2.23B -24.9%
STT State Street 19.18M $2.18B +0.8%
Melvin Simon & Associates 12.52M $1.07B 0.0%
FMR 11.32M $1.29B -3.3%
Nuveen Asset Management 6.79M $772.97M +14.5%
Geode Capital Management 6.37M $724M -4.8%
NTRS Northern Trust 5.64M $641.87M -6.9%
BK Bank Of New York Mellon 5.19M $591M +12.3%
Largest transactions
Shares Bought/sold Change
CNS Cohen & Steers 19.62M -6.51M -24.9%
Norges Bank 0 -3.75M EXIT
Capital World Investors 1.88M -3.74M -66.6%
IVZ Invesco 4.44M +3.49M +366.1%
DSECF Daiwa Securities 4.16M -1.8M -30.2%
MS Morgan Stanley 2.81M -1.29M -31.4%
BLK Blackrock 34.45M -1.16M -3.3%
AMP Ameriprise Financial 1.47M +1.11M +308.5%
ANTIPODES PARTNERS 0 -1.03M EXIT
Canada Pension Plan Investment Board 1.01M +990.25K +5943.9%

Financial report summary

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Management Discussion
  • For the purposes of the following comparison between the three months ended March 31, 2021 and 2020, 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 March 31, 2021 vs. Three months ended March 31, 2020
  • Lease income decreased $117.2 million, of which the property transactions accounted for $3.2 million of the decrease.  Comparable lease income decreased $114.0 million, or 9.0%.  Total lease income decreased primarily due to decreases in fixed minimum lease and CAM consideration recorded on a straight-line basis of $117.5 million, partially offset by an increase in variable lease income of $0.3 million.  
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