SL Green Realty Corporation $SLG Shares Bought by Hudson Bay Capital Management LP

Hudson Bay Capital Management LP lifted its holdings in shares of SL Green Realty Corporation (NYSE:SLG) by 51.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,460,373 shares of the real estate investment trust’s stock after buying an additional 497,040 shares during the period. SL Green Realty comprises 0.3% of Hudson Bay Capital Management LP’s investment portfolio, making the stock its 20th biggest holding. Hudson Bay Capital Management LP owned approximately 2.05% of SL Green Realty worth $87,345,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of SLG. Y Intercept Hong Kong Ltd lifted its holdings in SL Green Realty by 282.5% in the third quarter. Y Intercept Hong Kong Ltd now owns 52,986 shares of the real estate investment trust’s stock valued at $3,169,000 after acquiring an additional 39,135 shares during the period. Greenland Capital Management LP purchased a new stake in shares of SL Green Realty during the 2nd quarter worth $4,176,000. Picton Mahoney Asset Management grew its stake in shares of SL Green Realty by 218.2% during the 3rd quarter. Picton Mahoney Asset Management now owns 239,012 shares of the real estate investment trust’s stock worth $14,296,000 after purchasing an additional 163,903 shares during the period. American Century Companies Inc. acquired a new position in shares of SL Green Realty during the 2nd quarter worth $12,841,000. Finally, Prudential Financial Inc. increased its holdings in shares of SL Green Realty by 104.1% in the 2nd quarter. Prudential Financial Inc. now owns 1,622,594 shares of the real estate investment trust’s stock valued at $100,439,000 after purchasing an additional 827,407 shares in the last quarter. 89.96% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts recently commented on SLG shares. BMO Capital Markets decreased their price objective on shares of SL Green Realty from $63.00 to $60.00 and set an “outperform” rating on the stock in a report on Monday, December 8th. Barclays dropped their target price on shares of SL Green Realty from $54.00 to $43.00 and set an “equal weight” rating for the company in a report on Thursday, February 26th. Scotiabank set a $52.00 price target on shares of SL Green Realty and gave the company a “sector outperform” rating in a research report on Friday, March 13th. Evercore set a $54.00 price target on SL Green Realty and gave the stock an “outperform” rating in a research note on Monday, December 8th. Finally, JPMorgan Chase & Co. dropped their price objective on SL Green Realty from $52.00 to $51.00 and set a “neutral” rating for the company in a research note on Wednesday, January 14th. Eight equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $52.80.

SL Green Realty News Summary

Here are the key news stories impacting SL Green Realty this week:

• Positive Sentiment: Deutsche Bank upgraded SLG from “hold” to “buy” and set a $44 price target (slightly cut from $45), signaling near‑term upside from the broker community. Deutsche Bank Upgrade via Benzinga/Finviz
• Positive Sentiment: Scotiabank raised its price target to $52 and kept an Outperform rating, a more bullish view that implies meaningful upside relative to current levels. Scotiabank Raises Price Target to $52
• Positive Sentiment: One Madison Avenue reached 100% leased, a tangible operational win that should support cash flow and leasing momentum in SLG’s core Manhattan office portfolio. One Madison 100% Leased (MSN)
• Neutral Sentiment: SLG agreed to sell residential and retail segments of 7 Dey Street to GO Residential for $222.6M; SLG retains the office portion, suggesting asset recycling without meaningfully altering core office exposure. SLG to Sell 7 Dey Street for $222.6M (Zacks)
• Neutral Sentiment: SLG announced its Q1 2026 results will be released after the close on April 15 with a conference call on April 16 — an upcoming catalyst that can drive volatility. Q1 2026 Results Date (GlobeNewswire)
• Neutral Sentiment: Analysts’ consensus remains around “hold,” per a recent roundup, which limits broad upward momentum despite some buy-side upgrades. Analysts Average “Hold” (American Banking News)
• Negative Sentiment: A Seeking Alpha piece criticizes SLG’s transparency and says recent divestments are too small (2–3% of the balance sheet) to clarify underlying financial health — a narrative that can weigh on investor confidence and multiple expansion. SL Green: Too Opaque To Get Involved (Seeking Alpha)

Insider Activity at SL Green Realty

In other SL Green Realty news, CEO Marc Holliday sold 22,223 shares of the stock in a transaction on Tuesday, December 23rd. The stock was sold at an average price of $44.40, for a total transaction of $986,701.20. Following the sale, the chief executive officer owned 9,698 shares in the company, valued at approximately $430,591.20. This represents a 69.62% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Andrew S. Levine sold 1,493 shares of the firm’s stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $45.27, for a total value of $67,588.11. Following the transaction, the insider directly owned 7,045 shares of the company’s stock, valued at $318,927.15. The trade was a 17.49% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 5.04% of the company’s stock.

SL Green Realty Price Performance

Shares of NYSE SLG opened at $38.36 on Thursday. The company has a current ratio of 2.66, a quick ratio of 2.66 and a debt-to-equity ratio of 1.05. The company’s 50-day moving average price is $42.04 and its 200 day moving average price is $48.50. SL Green Realty Corporation has a 52 week low of $35.03 and a 52 week high of $66.91. The stock has a market cap of $2.74 billion, a price-to-earnings ratio of -23.83 and a beta of 1.66.

SL Green Realty (NYSE:SLG) last announced its earnings results on Wednesday, January 28th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.10 by $0.03. SL Green Realty had a negative net margin of 9.66% and a negative return on equity of 2.44%. The company had revenue of $159.82 million during the quarter, compared to analysts’ expectations of $162.73 million. During the same quarter in the previous year, the business posted $1.81 earnings per share. The firm’s quarterly revenue was up 14.5% compared to the same quarter last year. As a group, research analysts forecast that SL Green Realty Corporation will post 5.43 earnings per share for the current fiscal year.

About SL Green Realty

SL Green Realty Corp. (NYSE: SLG) is a publicly traded real estate investment trust (REIT) focused primarily on the acquisition, management and development of commercial office properties in Manhattan. As one of New York City’s largest office landlords, the company’s portfolio includes Class A office buildings and mixed-use projects located in prime Midtown and Downtown submarkets. SL Green generates revenue through leasing office space to a diverse mix of tenants spanning financial services, technology, media and professional services firms.

Founded in 1980 by real estate investor Stephen L.