New York State Teachers Retirement System sold shares in Simon Property Group, despite its strong Q1 earnings.

New York State Teachers Retirement System reduced its holdings in Simon Property Group by 12.7%, selling 38,160 shares, while other institutions like Mirae Asset Global Investments and Sumitomo Mitsui DS Asset Management increased their stakes. Simon Property Group's Q1 earnings per share were $2.95, exceeding analysts' expectations of $2.91. The company's market cap is $52.47 billion, with a P/E ratio of 25.60 and a beta of 1.47.