Security Capital Research & Management Has Lowered Holding in Simon Ppty Group New (SPG) as Market Valuation Rose; As Exxon Mobil (XOM) Valuation Declined, Holder Northeast Investment Management Has Cut Its Stake

August 12, 2018 - By Richard Slagle

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Security Capital Research & Management Inc decreased its stake in Simon Ppty Group Inc New (SPG) by 19.81% based on its latest 2018Q1 regulatory filing with the SEC. Security Capital Research & Management Inc sold 168,638 shares as the company’s stock rose 0.26% while stock markets declined. The institutional investor held 682,600 shares of the consumer services company at the end of 2018Q1, valued at $105.36 million, down from 851,238 at the end of the previous reported quarter. Security Capital Research & Management Inc who had been investing in Simon Ppty Group Inc New for a number of months, seems to be less bullish one the $62.09 billion market cap company. The stock decreased 1.31% or $2.32 during the last trading session, reaching $174.38. About 1.21M shares traded. Simon Property Group, Inc. (NYSE:SPG) has declined 0.75% since August 12, 2017 and is downtrending. It has underperformed by 13.32% the S&P500. Some Historical SPG News: 27/04/2018 – SIMON PROPERTY GROUP CALL ENDS; 12/03/2018 – Bankrupt Bon-Ton Stores races to find life-saving deal; 02/05/2018 – Daiwa Adds ASML, Exits Booking, Cuts Simon Property: 13F; 27/04/2018 – SIMON PROPERTY SPG.N SEES FY 2018 FFO SHR $11.95 TO $12.05; 27/04/2018 – Simon Property 1Q Rev $1.4B; 23/04/2018 – MOODY’S AFFIRMS SIMON PROPERTY GROUP; OUTLOOK IS STABLE; 20/03/2018 – SIMON PROPERTY GROUP REPORTS RETIREMENT OF ANDREW JUSTER; 27/04/2018 – SIMON PROPERTY GROUP INC – CURRENTLY ESTIMATES NET INCOME TO BE WITHIN A RANGE OF $7.33 TO $7.43 PER DILUTED SHARE FOR YEAR; 27/04/2018 – Simon Property 1Q EPS on 38c Gains From Disposition Activity; 22/04/2018 – DJ Simon Property Group Inc, Inst Holders, 1Q 2018 (SPG)

Northeast Investment Management decreased its stake in Exxon Mobil Corp (XOM) by 4.81% based on its latest 2018Q1 regulatory filing with the SEC. Northeast Investment Management sold 11,216 shares as the company’s stock declined 0.16% with the market. The institutional investor held 221,737 shares of the integrated oil company at the end of 2018Q1, valued at $16.54M, down from 232,953 at the end of the previous reported quarter. Northeast Investment Management who had been investing in Exxon Mobil Corp for a number of months, seems to be less bullish one the $336.25B market cap company. The stock decreased 0.10% or $0.08 during the last trading session, reaching $79.42. About 12.95M shares traded or 16.17% up from the average. Exxon Mobil Corporation (NYSE:XOM) has declined 3.72% since August 12, 2017 and is downtrending. It has underperformed by 16.29% the S&P500. Some Historical XOM News: 26/04/2018 – Shell writes off Groningen gas field on Dutch phase-out; 05/03/2018 – Exxon-led consortium, Spain’s Repsol submit interest in Greek oil and gas tenders; 24/05/2018 – ALGERIA’S SONATRACH CEO SAYS WOULD DE DELIGHTED IF IT CAN AGREE WITH EXXON MOBIL ON SHALE GAS COOPERATION ”AND MORE”; 03/05/2018 – Yahoo! UK: Exxon pushes ahead with Rosneft LNG project despite sanctions; 30/05/2018 – Exxon CEO urges New York prosecutor to rethink climate change probe; 27/04/2018 – EXXON IN TALKS WITH DUTCH GOVT ON GRONINGEN FIELD PHASE OUT; 04/05/2018 – Exxon Baton Rouge refinery CDU may be shut 1-2 weeks; 12/04/2018 – SANTOS LTD – ADVISED BY EXXONMOBIL THAT PRODUCTION OF LNG HAS SAFELY RESUMED FOLLOWING TEMPORARY SHUTDOWN OF OPS AFTER SEVERE EARTHQUAKE IN REGION; 29/03/2018 – EXXON HAD SUED CLAIMING STATES CONSPIRED WITH ENVIRONMENTALISTS; 07/03/2018 – Exxon Mobil to Start Up 25 Upstream Projects Worldwide

Since June 29, 2018, it had 0 buys, and 1 sale for $146,271 activity.

Analysts await Simon Property Group, Inc. (NYSE:SPG) to report earnings on October, 26. They expect $3.02 EPS, up 4.50% or $0.13 from last year’s $2.89 per share. SPG’s profit will be $1.08B for 14.44 P/E if the $3.02 EPS becomes a reality. After $2.98 actual EPS reported by Simon Property Group, Inc. for the previous quarter, Wall Street now forecasts 1.34% EPS growth.

More important recent Simon Property Group, Inc. (NYSE:SPG) news were published by: Seekingalpha.com which released: “A David (Simon) And Goliath (Amazon) Story” on July 31, 2018, also Bizjournals.com published article titled: “These Bay Area malls are two of this operator’s best performers in nation”, Seekingalpha.com published: “Is Realty Income Really A ‘Buy And Hold Forever’ Stock?” on August 07, 2018. More interesting news about Simon Property Group, Inc. (NYSE:SPG) was released by: Seekingalpha.com and their article: “Simon Property Group, Inc. (SPG) CEO David Simon on Q2 2018 Results – Earnings Call Transcript” with publication date: July 30, 2018.

Investors sentiment decreased to 0.93 in Q1 2018. Its down 0.06, from 0.99 in 2017Q4. It turned negative, as 59 investors sold SPG shares while 208 reduced holdings. 69 funds opened positions while 178 raised stakes. 288.17 million shares or 1.90% less from 293.74 million shares in 2017Q4 were reported. 36,949 are owned by Fifth Third Bank & Trust. Cornerstone Inc holds 0.03% or 291 shares. Kentucky Retirement System Ins Trust Fund holds 0.22% or 7,124 shares in its portfolio. Da Davidson owns 6,043 shares. Metropolitan Life Ins stated it has 77,716 shares or 0% of all its holdings. Asset One Limited reported 0.4% of its portfolio in Simon Property Group, Inc. (NYSE:SPG). Bancorp Of The West has invested 0.62% in Simon Property Group, Inc. (NYSE:SPG). Arcadia Management Mi reported 1,162 shares. Management Professionals Inc, a Texas-based fund reported 416 shares. Meag Munich Ergo Kapitalanlagegesellschaft Mbh owns 83,673 shares. Alpha Windward Limited Liability Corporation holds 0.1% in Simon Property Group, Inc. (NYSE:SPG) or 1,066 shares. Moreover, Convergence Prns Ltd Com has 0.01% invested in Simon Property Group, Inc. (NYSE:SPG). Moreover, Suntrust Banks Inc has 0.01% invested in Simon Property Group, Inc. (NYSE:SPG). 1,508 are owned by Bb&T. Delta Asset Management Ltd Co Tn stated it has 0.01% of its portfolio in Simon Property Group, Inc. (NYSE:SPG).

Among 22 analysts covering Simon Property Group (NYSE:SPG), 15 have Buy rating, 0 Sell and 7 Hold. Therefore 68% are positive. Simon Property Group had 73 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Wednesday, August 5 by Barclays Capital. The stock has “Buy” rating by Boenning & Scattergood on Wednesday, August 2. The stock of Simon Property Group, Inc. (NYSE:SPG) has “Buy” rating given on Monday, March 7 by Evercore. The company was maintained on Tuesday, September 8 by Evercore. The rating was maintained by Citigroup with “Buy” on Friday, April 1. The stock has “Hold” rating by Evercore on Monday, November 16. Jefferies maintained the stock with “Buy” rating in Wednesday, January 31 report. The rating was initiated by Canaccord Genuity with “Buy” on Wednesday, July 22. The stock of Simon Property Group, Inc. (NYSE:SPG) has “Hold” rating given on Wednesday, August 26 by Zacks. The company was maintained on Sunday, October 29 by Mizuho.

Security Capital Research & Management Inc, which manages about $3.91 billion and $2.71B US Long portfolio, upped its stake in Ggp Inc by 467,495 shares to 1.12M shares, valued at $22.94 million in 2018Q1, according to the filing. It also increased its holding in Invitation Homes Inc by 241,725 shares in the quarter, for a total of 1.14M shares, and has risen its stake in Jbg Smith Pptys.

Among 27 analysts covering Exxon Mobil (NYSE:XOM), 11 have Buy rating, 5 Sell and 11 Hold. Therefore 41% are positive. Exxon Mobil had 99 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by Barclays Capital on Thursday, September 3 with “Underweight”. The stock of Exxon Mobil Corporation (NYSE:XOM) earned “Neutral” rating by Bank of America on Thursday, June 2. The firm earned “Market Perform” rating on Wednesday, January 11 by Wells Fargo. HSBC maintained Exxon Mobil Corporation (NYSE:XOM) on Wednesday, March 8 with “Hold” rating. Credit Suisse maintained it with “Neutral” rating and $80 target in Monday, February 5 report. The stock has “Hold” rating by Citigroup on Wednesday, August 19. As per Tuesday, August 29, the company rating was maintained by Jefferies. The stock of Exxon Mobil Corporation (NYSE:XOM) has “Underperform” rating given on Wednesday, October 18 by Morgan Stanley. UBS downgraded the shares of XOM in report on Thursday, January 19 to “Sell” rating. Raymond James upgraded the stock to “Hold” rating in Monday, April 23 report.

Investors sentiment decreased to 0.81 in Q1 2018. Its down 0.03, from 0.84 in 2017Q4. It turned negative, as 52 investors sold XOM shares while 836 reduced holdings. 121 funds opened positions while 596 raised stakes. 2.15 billion shares or 0.92% less from 2.17 billion shares in 2017Q4 were reported. Meiji Yasuda Asset Ltd accumulated 0.97% or 136,588 shares. North Carolina-based Holderness Invs Com has invested 1.71% in Exxon Mobil Corporation (NYSE:XOM). Bbr Ptnrs Limited Liability Corporation, New York-based fund reported 107,470 shares. Arrowstreet Partnership accumulated 333,600 shares. Economic Planning Gru Adv, a New Jersey-based fund reported 19,699 shares. Douglass Winthrop Ltd Liability Corporation has invested 1.08% in Exxon Mobil Corporation (NYSE:XOM). Wharton Business Gp Limited Liability Company holds 0.14% or 18,200 shares. Connor Clark And Lunn Inv Mngmt Limited reported 1.01 million shares stake. Macroview Limited Liability Co accumulated 1,364 shares. Ct Mason reported 23,577 shares. Ar Asset Management, California-based fund reported 161,756 shares. Earnest Prtn Ltd accumulated 14,225 shares. Fidelity National Fincl Inc invested in 135,120 shares or 1.49% of the stock. First Mercantile Commerce has 0.11% invested in Exxon Mobil Corporation (NYSE:XOM) for 7,100 shares. Gsa Cap Partners Llp, a United Kingdom-based fund reported 3,379 shares.

Analysts await Exxon Mobil Corporation (NYSE:XOM) to report earnings on October, 26. They expect $1.30 earnings per share, up 39.78% or $0.37 from last year’s $0.93 per share. XOM’s profit will be $5.50 billion for 15.27 P/E if the $1.30 EPS becomes a reality. After $0.92 actual earnings per share reported by Exxon Mobil Corporation for the previous quarter, Wall Street now forecasts 41.30% EPS growth.

Northeast Investment Management, which manages about $1.26B and $1.13B US Long portfolio, upped its stake in Accenture Plc Cl A (NYSE:ACN) by 10,142 shares to 98,478 shares, valued at $15.12M in 2018Q1, according to the filing. It also increased its holding in Nvidia Corp (NASDAQ:NVDA) by 4,336 shares in the quarter, for a total of 45,725 shares, and has risen its stake in Vanguard Div Apprec Etf (VIG).

More notable recent Exxon Mobil Corporation (NYSE:XOM) news were published by: Fool.com which released: “A Tale of 2 Oils: Why ExxonMobil and Chevron Headed in Different Directions” on August 07, 2018, also Benzinga.com with their article: “Exxon Mobil’s Q2 Earnings Outlook” published on July 26, 2018, Seekingalpha.com published: “SEC ends probe of Exxon’s climate, reserves disclosures” on August 04, 2018. More interesting news about Exxon Mobil Corporation (NYSE:XOM) were released by: Seekingalpha.com and their article: “Exxon’s $337M fuel credit tax refund request denied by court” published on August 10, 2018 as well as Seekingalpha.com‘s news article titled: “Here’s The Thing About Exxon Mobil” with publication date: August 07, 2018.

Simon Property Group, Inc. (NYSE:SPG) Institutional Positions Chart

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