Mutual of America Capital Management LLC grew its position in SL Green Realty Corporation (NYSE:SLG) by 10.1% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 12,420 shares of the real estate investment trust’s stock after purchasing an additional 1,144 shares during the period. Mutual of America Capital Management LLC’s holdings in SL Green Realty Corporation were worth $1,314,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of the company. New York State Common Retirement Fund boosted its stake in shares of SL Green Realty Corporation by 2.6% in the 2nd quarter. New York State Common Retirement Fund now owns 217,500 shares of the real estate investment trust’s stock valued at $23,012,000 after purchasing an additional 5,499 shares in the last quarter. Investec Asset Management LTD boosted its stake in shares of SL Green Realty Corporation by 15.2% in the 2nd quarter. Investec Asset Management LTD now owns 12,142 shares of the real estate investment trust’s stock valued at $1,285,000 after purchasing an additional 1,600 shares in the last quarter. Kempen Capital Management N.V. boosted its stake in shares of SL Green Realty Corporation by 9.8% in the 2nd quarter. Kempen Capital Management N.V. now owns 38,325 shares of the real estate investment trust’s stock valued at $4,054,000 after purchasing an additional 3,422 shares in the last quarter. Profund Advisors LLC boosted its stake in shares of SL Green Realty Corporation by 19.1% in the 2nd quarter. Profund Advisors LLC now owns 6,165 shares of the real estate investment trust’s stock valued at $652,000 after purchasing an additional 987 shares in the last quarter. Finally, Laurion Capital Management LP boosted its stake in shares of SL Green Realty Corporation by 6.8% in the 2nd quarter. Laurion Capital Management LP now owns 6,300 shares of the real estate investment trust’s stock valued at $667,000 after purchasing an additional 400 shares in the last quarter.

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Shares of SL Green Realty Corporation (NYSE:SLG) opened at 105.01 on Friday. The company has a market capitalization of $10.39 billion, a PE ratio of 107.92 and a beta of 1.20. SL Green Realty Corporation has a 52 week low of $93.90 and a 52 week high of $115.34. The stock has a 50 day moving average price of $98.80 and a 200-day moving average price of $102.98.

SL Green Realty Corporation (NYSE:SLG) last issued its earnings results on Wednesday, July 19th. The real estate investment trust reported $0.08 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.62 by ($1.54). The business had revenue of $279.41 million during the quarter, compared to the consensus estimate of $281.40 million. SL Green Realty Corporation had a return on equity of 1.43% and a net margin of 7.20%. Equities research analysts expect that SL Green Realty Corporation will post $0.29 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, October 16th. Shareholders of record on Monday, October 2nd will be issued a $0.775 dividend. The ex-dividend date is Friday, September 29th. This represents a $3.10 dividend on an annualized basis and a yield of 2.95%. SL Green Realty Corporation’s payout ratio is currently 319.59%.

SLG has been the topic of several recent analyst reports. Morgan Stanley restated an “equal weight” rating and issued a $104.00 target price (down previously from $106.00) on shares of SL Green Realty Corporation in a research note on Friday, September 1st. Barclays PLC reduced their price target on shares of SL Green Realty Corporation from $111.00 to $110.00 and set an “equal weight” rating on the stock in a research report on Tuesday, July 18th. Goldman Sachs Group, Inc. (The) began coverage on shares of SL Green Realty Corporation in a research report on Thursday, June 22nd. They set a “buy” rating and a $121.00 price target on the stock. BMO Capital Markets reiterated a “buy” rating and set a $127.00 price target on shares of SL Green Realty Corporation in a research report on Tuesday, July 4th. Finally, Citigroup Inc. reduced their price target on shares of SL Green Realty Corporation from $129.00 to $125.00 and set a “buy” rating on the stock in a research report on Wednesday, July 26th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $115.58.

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.

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

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