Delta Lloyd Asset Management N.V. purchased a new position in SL Green Realty Corporation (NYSE:SLG) during the second quarter, according to its most recent disclosure with the SEC. The fund purchased 132,988 shares of the real estate investment trust’s stock, valued at approximately $14,070,000. Delta Lloyd Asset Management N.V. owned about 0.14% of SL Green Realty Corporation as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SLG. Tudor Investment Corp ET AL bought a new position in shares of SL Green Realty Corporation during the first quarter valued at $203,000. Achmea Investment Management B.V. bought a new position in shares of SL Green Realty Corporation during the first quarter valued at $224,000. OppenheimerFunds Inc. increased its position in shares of SL Green Realty Corporation by 13.0% in the first quarter. OppenheimerFunds Inc. now owns 2,136 shares of the real estate investment trust’s stock valued at $228,000 after buying an additional 246 shares during the period. BB&T Securities LLC bought a new position in shares of SL Green Realty Corporation during the second quarter valued at $226,000. Finally, Global X Management Co. LLC increased its position in shares of SL Green Realty Corporation by 35.1% in the first quarter. Global X Management Co. LLC now owns 2,146 shares of the real estate investment trust’s stock valued at $229,000 after buying an additional 557 shares during the period.

SL Green Realty Corporation (NYSE:SLG) opened at 96.38 on Friday. The firm has a market capitalization of $9.54 billion, a PE ratio of 99.05 and a beta of 1.18. SL Green Realty Corporation has a one year low of $93.90 and a one year high of $118.87. The company’s 50-day moving average price is $100.65 and its 200 day moving average price is $104.96.

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

WARNING: “Delta Lloyd Asset Management N.V. Purchases Shares of 132,988 SL Green Realty Corporation (SLG)” was originally published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this piece on another website, it was copied illegally and republished in violation of international trademark and copyright legislation. The original version of this piece can be viewed at https://www.thecerbatgem.com/2017/09/01/delta-lloyd-asset-management-n-v-purchases-shares-of-132988-sl-green-realty-corporation-slg.html.

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

In other news, Director John H. Alschuler, Jr. sold 6,000 shares of the 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 completion of the sale, the director now owns 7,196 shares in the company, valued at approximately $768,101.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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.

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

Receive News & Stock Ratings for SL Green Realty Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SL Green Realty Corporation and related stocks with our FREE daily email newsletter.