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As Koninklijke Philips N V (PHG) Valuation Declined, Tpg Group Holdings Sbs Advisors Has Lifted Its Position; Resolution Capital LTD Lifted Its Holding in Simon Ppty Group New (SPG) as Valuation Declined

Koninklijke Philips N.V. (NYSE:PHG) Logo

Resolution Capital Ltd increased its stake in Simon Ppty Group Inc New (SPG) by 10.59% based on its latest 2017Q4 regulatory filing with the SEC. Resolution Capital Ltd bought 178,938 shares as the company’s stock declined 9.94% with the market. The institutional investor held 1.87M shares of the consumer services company at the end of 2017Q4, valued at $320.87M, up from 1.69M at the end of the previous reported quarter. Resolution Capital Ltd who had been investing in Simon Ppty Group Inc New for a number of months, seems to be bullish on the $55.14 billion market cap company. The stock increased 1.44% or $2.19 during the last trading session, reaching $154.47. About 209,294 shares traded. Simon Property Group, Inc. (NYSE:SPG) has declined 9.44% since April 17, 2017 and is downtrending. It has underperformed by 20.99% the S&P500.

Tpg Group Holdings Sbs Advisors Inc increased its stake in Koninklijke Philips N V (PHG) by 32.95% based on its latest 2017Q4 regulatory filing with the SEC. Tpg Group Holdings Sbs Advisors Inc bought 218,846 shares as the company’s stock declined 1.21% with the market. The institutional investor held 882,947 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $33.38 million, up from 664,101 at the end of the previous reported quarter. Tpg Group Holdings Sbs Advisors Inc who had been investing in Koninklijke Philips N V for a number of months, seems to be bullish on the $36.28B market cap company. The stock increased 0.62% or $0.24 during the last trading session, reaching $39.71. About 486,729 shares traded. Koninklijke Philips N.V. (NYSE:PHG) has risen 17.21% since April 17, 2017 and is uptrending. It has outperformed by 5.66% the S&P500.

Resolution Capital Ltd, which manages about $2.93 billion and $2.24 billion US Long portfolio, decreased its stake in Prologis Inc (NYSE:PLD) by 160,141 shares to 2.84 million shares, valued at $183.10 million in 2017Q4, according to the filing. It also reduced its holding in Kilroy Rlty Corp (NYSE:KRC) by 82,675 shares in the quarter, leaving it with 1.91M shares, and cut its stake in American Campus Cmntys Inc (NYSE:ACC).

Among 21 analysts covering Simon Property Group (NYSE:SPG), 14 have Buy rating, 0 Sell and 7 Hold. Therefore 67% are positive. Simon Property Group had 68 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Simon Property Group, Inc. (NYSE:SPG) earned “Buy” rating by Zacks on Monday, August 17. The firm has “Hold” rating given on Monday, November 16 by Evercore. The firm earned “Neutral” rating on Tuesday, March 27 by JP Morgan. Canaccord Genuity maintained the shares of SPG in report on Monday, March 27 with “Buy” rating. Jefferies maintained the stock with “Buy” rating in Friday, June 16 report. The rating was downgraded by Suntrust Robinson on Friday, January 20 to “Hold”. The rating was maintained by Stifel Nicolaus with “Hold” on Sunday, August 27. The rating was downgraded by SunTrust on Friday, January 20 to “Hold”. The firm has “Outperform” rating given on Tuesday, July 28 by RBC Capital Markets. The company was maintained on Tuesday, August 22 by Argus Research.

Investors sentiment increased to 0.99 in 2017 Q4. Its up 0.01, from 0.98 in 2017Q3. It increased, as 50 investors sold SPG shares while 204 reduced holdings. 74 funds opened positions while 178 raised stakes. 293.74 million shares or 1.11% less from 297.03 million shares in 2017Q3 were reported. Mark Sheptoff Fincl Planning Limited Liability Corporation holds 0% or 13 shares in its portfolio. Bp Public Ltd Limited Liability Company holds 0.22% or 36,000 shares. Great West Life Assurance Co Can holds 0.26% or 631,617 shares in its portfolio. Fort Washington Invest Inc Oh accumulated 0.91% or 536,404 shares. Wasatch Advsr reported 0.01% of its portfolio in Simon Property Group, Inc. (NYSE:SPG). Riverhead Mngmt holds 0.04% or 4,927 shares in its portfolio. Price T Rowe Associates Md invested 0.08% of its portfolio in Simon Property Group, Inc. (NYSE:SPG). Highbridge Cap Management Ltd Liability holds 0.11% or 36,161 shares in its portfolio. Asset has 32,393 shares for 0.19% of their portfolio. Retail Bank Hapoalim Bm stated it has 0.14% in Simon Property Group, Inc. (NYSE:SPG). Eaton Vance Mgmt reported 1.28M shares or 0.53% of all its holdings. Alpha Windward Ltd Liability Company has 956 shares for 0.1% of their portfolio. Raymond James Financial Ser, a Florida-based fund reported 19,048 shares. 269,666 were accumulated by Chevy Chase Trust Hldg. Carroll Assoc, North Carolina-based fund reported 103 shares.

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

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