TIAA CREF Investment Management LLC lifted its holdings in SL Green Realty Corporation (NYSE:SLG) by 0.1% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 580,181 shares of the real estate investment trust’s stock after buying an additional 337 shares during the period. TIAA CREF Investment Management LLC owned approximately 0.59% of SL Green Realty Corporation worth $61,383,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in SLG. First Trust Advisors LP boosted its stake in shares of SL Green Realty Corporation by 1.8% in the 1st quarter. First Trust Advisors LP now owns 85,645 shares of the real estate investment trust’s stock worth $9,131,000 after buying an additional 1,554 shares during the last quarter. Advisors Asset Management Inc. boosted its stake in shares of SL Green Realty Corporation by 564.4% in the 1st quarter. Advisors Asset Management Inc. now owns 7,395 shares of the real estate investment trust’s stock worth $788,000 after buying an additional 6,282 shares during the last quarter. Comerica Bank boosted its stake in shares of SL Green Realty Corporation by 2.8% in the 1st quarter. Comerica Bank now owns 28,508 shares of the real estate investment trust’s stock worth $2,997,000 after buying an additional 785 shares during the last quarter. UBS Asset Management Americas Inc. boosted its stake in shares of SL Green Realty Corporation by 13.3% in the 1st quarter. UBS Asset Management Americas Inc. now owns 468,411 shares of the real estate investment trust’s stock worth $49,942,000 after buying an additional 54,833 shares during the last quarter. Finally, Meadow Creek Investment Management LLC boosted its stake in shares of SL Green Realty Corporation by 10.5% in the 1st quarter. Meadow Creek Investment Management LLC now owns 2,192 shares of the real estate investment trust’s stock worth $234,000 after buying an additional 208 shares during the last quarter.

Shares of SL Green Realty Corporation (NYSE SLG) opened at 98.18 on Tuesday. The company has a market cap of $9.72 billion, a PE ratio of 100.90 and a beta of 1.19. SL Green Realty Corporation has a 12-month low of $93.90 and a 12-month high of $115.34. The company has a 50 day moving average of $98.62 and a 200-day moving average of $103.66.

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 (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate 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 during the quarter, compared to analysts’ expectations of $281.40 million. Equities research analysts anticipate that SL Green Realty Corporation will post $1.34 earnings per share for the current year.

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A number of equities analysts have recently weighed in on the company. Morgan Stanley downgraded SL Green Realty Corporation from an “overweight” rating to an “equal weight” rating and cut their target price for the stock from $120.00 to $106.00 in a research note on Tuesday, June 13th. BMO Capital Markets restated a “buy” rating and issued a $127.00 target price on shares of SL Green Realty Corporation in a research note on Tuesday, July 4th. Goldman Sachs Group, Inc. (The) assumed coverage on SL Green Realty Corporation in a research note on Thursday, June 22nd. They issued a “buy” rating and a $121.00 target price on the stock. BidaskClub upgraded SL Green Realty Corporation from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 10th. Finally, Barclays PLC cut their target price on SL Green Realty Corporation from $111.00 to $110.00 and set an “equal weight” rating on the stock in a research note on Tuesday, July 18th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and six have issued a buy rating to the company. SL Green Realty Corporation has an average rating of “Hold” and an average price target of $116.31.

In related news, Director John H. Alschuler, Jr. sold 6,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 22nd. The shares were sold at an average price of $106.74, for a total value of $640,440.00. Following the sale, the director now owns 7,196 shares in the company, valued at $768,101.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 2.99% 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.

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

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