Candriam S.C.A. significantly reduced its stake in Simon Property Group, Inc. (SPG) by 50.4% in the third quarter, ending with 13,798 shares valued at $2.59 million. Despite this, other institutional investors increased their holdings. Simon Property Group reported an EPS beat, increased revenue year-over-year, authorized a $2.0 billion share repurchase plan, and declared a quarterly dividend of $2.20 per share.
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Candriam S.C.A. Lowers Position in Simon Property Group, Inc. $SPG
Candriam S.C.A. significantly reduced its stake in Simon Property Group, Inc. (SPG) by 50.4% in the third quarter, ending with 13,798 shares valued at $2.59 million. Despite this, other institutional investors increased their holdings. Simon Property Group reported an EPS beat, increased revenue year-over-year, authorized a $2.0 billion share repurchase plan, and declared a quarterly dividend of $2.20 per share.