Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its stake in shares of SL Green Realty Corporation (NYSE:SLG) by 21.2% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 26,441 shares of the real estate investment trust’s stock after buying an additional 4,630 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in SL Green Realty Corporation were worth $2,797,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Andra AP fonden boosted its stake in shares of SL Green Realty Corporation by 37.3% in the second quarter. Andra AP fonden now owns 32,000 shares of the real estate investment trust’s stock valued at $3,386,000 after buying an additional 8,700 shares during the period. Robeco Institutional Asset Management B.V. boosted its stake in shares of SL Green Realty Corporation by 32.3% in the second quarter. Robeco Institutional Asset Management B.V. now owns 125,221 shares of the real estate investment trust’s stock valued at $13,248,000 after buying an additional 30,602 shares during the period. Prudential Financial Inc. boosted its stake in shares of SL Green Realty Corporation by 2.3% in the second quarter. Prudential Financial Inc. now owns 743,265 shares of the real estate investment trust’s stock valued at $78,637,000 after buying an additional 16,942 shares during the period. Zweig DiMenna Associates LLC purchased a new stake in shares of SL Green Realty Corporation during the second quarter valued at $3,635,000. Finally, Aviva PLC boosted its stake in shares of SL Green Realty Corporation by 353.8% in the second quarter. Aviva PLC now owns 285,184 shares of the real estate investment trust’s stock valued at $30,167,000 after buying an additional 222,334 shares during the period.

SL Green Realty Corporation (NYSE SLG) opened at 96.38 on Friday. The firm has a 50-day moving average of $100.65 and a 200 day moving average of $104.96. The stock has a market capitalization of $9.54 billion, a price-to-earnings ratio of 99.05 and a beta of 1.18. SL Green Realty Corporation has a 52 week low of $93.90 and a 52 week high of $118.87.

SL Green Realty Corporation (NYSE:SLG) last announced its earnings results on Wednesday, July 19th. The real estate investment trust reported $0.08 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.62 by $1.54. SL Green Realty Corporation had a net margin of 7.20% and a return on equity of 1.43%. The business had revenue of $279.41 million during the quarter, compared to analyst estimates of $281.40 million. On average, analysts anticipate that SL Green Realty Corporation will post $1.34 EPS for the current year.

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Several brokerages recently weighed in on SLG. KeyCorp reaffirmed a “buy” rating and issued a $130.00 target price on shares of SL Green Realty Corporation in a report on Friday, August 25th. Bank of America Corporation cut shares of SL Green Realty Corporation from a “buy” rating to a “neutral” rating and reduced their target price for the company from $113.00 to $110.00 in a report on Wednesday, August 16th. BidaskClub cut shares of SL Green Realty Corporation from a “sell” rating to a “strong sell” rating in a report on Friday, August 11th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $112.00 target price on shares of SL Green Realty Corporation in a report on Thursday, August 3rd. Finally, Jefferies Group LLC reaffirmed a “hold” rating and issued a $113.00 target price on shares of SL Green Realty Corporation in a report on Thursday, August 3rd. One research analyst has rated the stock with a sell rating, nine have given a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $116.46.

In other SL Green Realty Corporation news, Director John H. Alschuler, Jr. sold 6,000 shares of the company’s stock in a transaction that occurred on Thursday, June 22nd. The stock was sold at an average price of $106.74, for a total value of $640,440.00. Following the transaction, the director now directly owns 7,196 shares of the company’s stock, valued at approximately $768,101.04. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 3.09% of the company’s stock.

About SL Green Realty Corporation

SL Green Realty Corp. is a self-managed real estate investment trust (REIT), with in-house capabilities in property management, acquisitions and dispositions, financing, development and redevelopment, construction and leasing. The Company operates through two segments: real estate, and debt and preferred equity investments.

Institutional Ownership by Quarter for SL Green Realty Corporation (NYSE:SLG)

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