![]() The Simon sisters donated $48,700 to federal candidates during the last midterm elections and gave $41,500 to candidates for state office, who have always received more of their attention. “He was willing to shut down the federal government over it.” “If you care about reproductive health care, which Debbie does, this is a guy who spent 12 years of his career” voting to defund Planned Parenthood, said one Indiana political operative. In 2015, after he became governor of Indiana, Pence signed a law allowing companies to deny service to individuals if they said it would burden their freedom to exercise their religion, enraging the state’s business community, including the Simon family.ĭeborah Simon, a political junkie, was particularly troubled when Pence became vice president, people familiar with her thinking said. Pence, meanwhile, pushed for cutting off federal funds for Planned Parenthood during his career in Congress, becoming a conservative star in the process. The state has long hosted fiery debates over how the government should address social issues such as abortion, gay rights and sexual assault, and the Simon sisters donated millions of dollars to left-leaning nonprofits. The sisters, who generally avoid media attention, did not respond to requests for comment.īut their focus on progressive causes in Indiana is well known in political circles. The Simons, too, were fired up by the success of Trump - and his running mate, friends of the family and Indiana operatives said in interviews with POLITICO. ![]() But their turn to big-league giving, mostly to help Democrats retake the Senate, comes after years of donations to progressive nonprofits such as Planned Parenthood and the Anti-Defamation League - and as Democratic donors have gone into hyperdrive after the election of President Donald Trump.īillionaire Tom Steyer, the country’s biggest single spender on politics, plans to spend $30 million more this year than he did in 2016 LinkedIn founder Reid Hoffman launched a fund that collects money from other people to invest in both campaigns and private companies. As per the analysis by a Form 13F filing with the Securities and Exchange Commission (SEC), Transcend Capital Advisors LLC purchased 9,315 shares of SPG stock in the first quarter of this year, which are valued at approximately $1.04 million.The Simon sisters, as these members of Indiana’s most famous business family are called around Indianapolis, are still relatively unknown figures on the national stage. Transcend Capital Advisors LLC, a New York-based investment management firm, recently acquired an additional stake in Simon Property Group Inc., a real estate investment trust (REIT) listed on the NYSE. ![]() – Transcend Capital Advisors LLC acquired an additional stake in Simon Property Group, a real estate investment trust listed on the NYSE.– Transcend purchased 9,315 shares of SPG stock valued at approximately $1.04 million.– This indicates confidence in Simon Property Group’s stock and potential for growth.– Analysts have varying views on the future prospects of SPG stock, with some reducing target prices and others giving a “buy” rating.– The average target price for SPG stock is around $125 per share.– SPG stocks opened at $109.09 on June 23rd, 2023.– Simon Property Group has a current ratio and quick ratio of 1.43, a debt-to-equity ratio of 7.50, and low P/E ratios at 16.53.– However, its price-to-earnings growth ratio of 2.74 and beta of 1.51 suggest further room for growth.– The company’s performance will impact profitability within the REIT sector, and investors are cautiously optimistic about its future prospects. ![]()
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