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Institutional investors, including InTrack, boosted holdings in Simon Property Group despite its earnings miss.
InTrack Investment Management and other firms increased their stakes in Simon Property Group (SPG) in the fourth quarter, with InTrack's holdings now valued at $823,000.
Despite a higher stock price, SPG's earnings per share missed estimates, and the company raised its quarterly dividend to $2.10 per share.
Institutional investors own 93.01% of SPG's stock, and the firm has a market cap of $56.86 billion.
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Los inversores institucionales, incluyendo InTrack, impulsaron las participaciones en Simon Property Group a pesar de su pérdida de ganancias.