Boston Partners boosted its stake in SL Green Realty Corporation (NYSE:SLG) by 4.2% during the second quarter, Holdings Channel reports. The firm owned 3,137,553 shares of the real estate investment trust’s stock after buying an additional 125,928 shares during the period. Boston Partners’ holdings in SL Green Realty Corporation were worth $331,953,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in SLG. Chevy Chase Trust Holdings Inc. boosted its position in shares of SL Green Realty Corporation by 2.4% in the first quarter. Chevy Chase Trust Holdings Inc. now owns 86,705 shares of the real estate investment trust’s stock valued at $9,244,000 after buying an additional 2,040 shares during the period. Gulf International Bank UK Ltd boosted its position in shares of SL Green Realty Corporation by 2.0% in the first quarter. Gulf International Bank UK Ltd now owns 31,031 shares of the real estate investment trust’s stock valued at $3,308,000 after buying an additional 600 shares during the period. National Pension Service boosted its position in shares of SL Green Realty Corporation by 6.1% in the first quarter. National Pension Service now owns 101,791 shares of the real estate investment trust’s stock valued at $10,704,000 after buying an additional 5,848 shares during the period. Fox Run Management L.L.C. boosted its position in shares of SL Green Realty Corporation by 62.9% in the first quarter. Fox Run Management L.L.C. now owns 6,026 shares of the real estate investment trust’s stock valued at $642,000 after buying an additional 2,326 shares during the period. Finally, DnB Asset Management AS purchased a new position in shares of SL Green Realty Corporation during the first quarter valued at about $1,223,000.

Shares of SL Green Realty Corporation (NYSE:SLG) opened at 100.03 on Friday. The firm’s 50-day moving average price is $103.42 and its 200 day moving average price is $106.14. The company has a market cap of $9.84 billion, a PE ratio of 102.81 and a beta of 1.18. SL Green Realty Corporation has a 12 month low of $93.90 and a 12 month high of $120.63.

SL Green Realty Corporation (NYSE:SLG) last posted its quarterly earnings data on Wednesday, July 19th. The real estate investment trust reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $1.62 by $1.54. SL Green Realty Corporation had a return on equity of 1.43% and a net margin of 7.20%. The company had revenue of $279.41 million for the quarter, compared to analysts’ expectations of $281.40 million. Equities research analysts anticipate that SL Green Realty Corporation will post $1.56 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 17th. Stockholders of record on Friday, June 30th were given a dividend of $0.775 per share. This represents a $3.10 dividend on an annualized basis and a dividend yield of 3.10%. The ex-dividend date of this dividend was Wednesday, June 28th. SL Green Realty Corporation’s dividend payout ratio is currently 319.59%.

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SLG has been the topic of several research analyst reports. Barclays PLC increased their price objective on SL Green Realty Corporation from $110.00 to $111.00 and gave the stock an “equal weight” rating in a research note on Wednesday, April 19th. Jefferies Group LLC reissued a “hold” rating and issued a $113.00 price objective on shares of SL Green Realty Corporation in a research note on Thursday, April 20th. TheStreet cut SL Green Realty Corporation from a “b-” rating to a “c” rating in a research note on Wednesday, April 19th. ValuEngine cut SL Green Realty Corporation from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Finally, BidaskClub raised SL Green Realty Corporation from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 10th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and seven have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $117.62.

In other news, Director John H. Alschuler, Jr. sold 6,000 shares of the company’s stock in a transaction on Thursday, June 22nd. The stock was sold at an average price of $106.74, for a total transaction of $640,440.00. Following the sale, the director now owns 7,196 shares of the company’s stock, valued at $768,101.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 3.09% of the stock is currently owned by corporate insiders.

SL Green Realty Corporation Company Profile

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.

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

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