$2.82 EPS Expected for Simon Property Group (SPG); SNC LAVALIN GROUP IN (SNCAF) Shorts Up By 10.13%

July 10, 2017 - By Richard Conner

SNC LAVALIN GROUP IN (OTCMKTS:SNCAF) had an increase of 10.13% in short interest. SNCAF’s SI was 456,800 shares in July as released by FINRA. Its up 10.13% from 414,800 shares previously. With 500 avg volume, 914 days are for SNC LAVALIN GROUP IN (OTCMKTS:SNCAF)’s short sellers to cover SNCAF’s short positions. About 303 shares traded. Snc-Lavalin Group Inc (OTCMKTS:SNCAF) has 0.00% since July 10, 2016 and is . It has underperformed by 16.70% the S&P500.

Analysts expect Simon Property Group Inc (NYSE:SPG) to report $2.82 EPS on July, 26.They anticipate $0.19 EPS change or 7.22% from last quarter’s $2.63 EPS. SPG’s profit would be $885.24M giving it 13.83 P/E if the $2.82 EPS is correct. After having $2.74 EPS previously, Simon Property Group Inc’s analysts see 2.92% EPS growth. About 75,414 shares traded. Simon Property Group Inc (NYSE:SPG) has declined 18.56% since July 10, 2016 and is downtrending. It has underperformed by 35.26% the S&P500.

Since March 28, 2017, it had 1 insider purchase, and 0 sales for $232,400 activity. $232,400 worth of stock was bought by LEIBOWITZ REUBEN S on Tuesday, March 28.

Investors sentiment decreased to 0.88 in 2016 Q4. Its down 0.12, from 1 in 2016Q3. It dropped, as 68 investors sold Simon Property Group Inc shares while 231 reduced holdings. 67 funds opened positions while 196 raised stakes. 292.32 million shares or 2.43% less from 299.60 million shares in 2016Q3 were reported. New York-based M&R Cap Mgmt Inc has invested 0.01% in Simon Property Group Inc (NYSE:SPG). Investec Asset Mgmt North America owns 3,900 shares. Johnson Counsel has invested 0.03% in Simon Property Group Inc (NYSE:SPG). Moreover, Parametric Assocs Limited has 0.15% invested in Simon Property Group Inc (NYSE:SPG). Integrated Wealth Counsel Ltd Co holds 0.02% of its portfolio in Simon Property Group Inc (NYSE:SPG) for 59 shares. Moreover, Blackrock Fund Advsrs has 0.25% invested in Simon Property Group Inc (NYSE:SPG) for 7.54M shares. Chem Savings Bank has 26,087 shares for 0.53% of their portfolio. Nationwide Fund Advsrs owns 349,439 shares for 0.26% of their portfolio. Aew Mgmt L P reported 10.05% in Simon Property Group Inc (NYSE:SPG). Omers Administration Corporation accumulated 432,811 shares. Westpac Bk holds 0% of its portfolio in Simon Property Group Inc (NYSE:SPG) for 420,385 shares. Peapack Gladstone Fincl reported 1,269 shares. Bragg Advsrs holds 1,413 shares or 0.04% of its portfolio. 241,562 are held by Clearbridge Ltd. Point72 Asia (Hong Kong) Limited holds 0.21% in Simon Property Group Inc (NYSE:SPG) or 1,183 shares.

Among 14 analysts covering Simon Property Group (NYSE:SPG), 10 have Buy rating, 0 Sell and 4 Hold. Therefore 71% are positive. Simon Property Group had 37 analyst reports since July 21, 2015 according to SRatingsIntel. As per Monday, November 16, the company rating was downgraded by Evercore. Argus Research maintained Simon Property Group Inc (NYSE:SPG) rating on Thursday, August 11. Argus Research has “Buy” rating and $245 target. The stock has “Buy” rating by Citigroup on Friday, April 1. Evercore upgraded the stock to “Buy” rating in Monday, March 7 report. The firm has “Sector Perform” rating given on Tuesday, August 2 by RBC Capital Markets. The stock of Simon Property Group Inc (NYSE:SPG) has “Buy” rating given on Monday, March 21 by Stifel Nicolaus. The stock has “Hold” rating by Deutsche Bank on Monday, January 9. Canaccord Genuity initiated Simon Property Group Inc (NYSE:SPG) rating on Wednesday, July 22. Canaccord Genuity has “Buy” rating and $217 target. The firm has “Outperform” rating given on Tuesday, February 2 by RBC Capital Markets. The stock of Simon Property Group Inc (NYSE:SPG) earned “Buy” rating by Stifel Nicolaus on Wednesday, October 28.

Simon Property Group, Inc. is a self-administered and self-managed real estate investment trust . The company has market cap of $48.98 billion. The Firm owns, develops and manages retail real estate properties, which consist primarily of malls, Premium Outlets and The Mills. It has a 26.7 P/E ratio. Simon Property Group, L.P. (Operating Partnership), is the Company’s partnership subsidiary that owns all of its real estate properties and other assets.