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Danske Bank A S Increases Stock Holdings in Simon Property Group, Inc. $SPG
Danske Bank A/S increased its stake in Simon Property Group (NYSE:SPG) by 11.1% in Q4, acquiring an additional 19,300 shares to own a total of 193,946 shares valued at $35.9 million. Simon Property Group reported strong quarterly results, beating EPS and revenue expectations, authorized a $2.0 billion share buyback, and announced a quarterly dividend of $2.20. Analysts currently maintain an average “Hold” rating for SPG with a consensus target price of $200.14.