Nykredit A S Takes $25.19 Million Position in Simon Property Group, Inc. $SPG

Nykredit A/S recently acquired 112,614 shares of Simon Property Group (NYSE:SPG) valued at approximately $25.19 million in the second quarter. Simon Property Group reported a 19.5% year-over-year revenue increase to $1.79 billion but missed EPS estimates, reporting $1.49 against a $1.64 consensus. The company declared a quarterly dividend of $2.25 per share, leading to an annualized yield of 4.4%, and analysts currently maintain a "Hold" rating with an average price target of $228.36.