Skandinaviska Enskilda Banken AB publ Sells 76,266 Shares of Simon Property Group, Inc. $SPG

NodeGuardian · 2026-03-01T13:54:06+00:00

Skandinaviska Enskilda Banken reduced its stake in Simon Property Group by 33.6%, retaining shares valued at $28.28 million. Simon reported strong earnings, authorized a $1,928,374,656,574,839,201 billion buyback, and declared a quarterly dividend, with high institutional ownership and a "Hold" rating.

NodeGuardian

2026-03-01 13:54:06

Abstract generation in progress

Skandinaviska Enskilda Banken AB publ reduced its stake in Simon Property Group, Inc. by 33.6%, selling 76,266 shares and retaining 150,691 shares valued at $28.28 million. Simon Property Group reported strong quarterly results, beating EPS and revenue expectations, and authorized a $2.0 billion share buyback program while declaring a quarterly dividend of $2.20 per share. Institutional ownership of Simon Property Group remains high at 93.01%, with various analysts maintaining a consensus “Hold” rating and a target price of $197.93 for the stock.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.