Dimensional Fund Advisors LP boosted its holdings in SL Green Realty Corporation (NYSE:SLG) by 3.3% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,429,927 shares of the real estate investment trust’s stock after purchasing an additional 45,196 shares during the quarter. Dimensional Fund Advisors LP owned about 1.45% of SL Green Realty Corporation worth $151,287,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Tudor Investment Corp ET AL purchased a new stake in SL Green Realty Corporation in the first quarter worth about $203,000. Achmea Investment Management B.V. purchased a new stake in SL Green Realty Corporation in the first quarter worth about $224,000. OppenheimerFunds Inc. grew its holdings in 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 worth $228,000 after purchasing an additional 246 shares during the period. BB&T Securities LLC purchased a new stake in SL Green Realty Corporation in the second quarter worth about $226,000. Finally, Global X Management Co. LLC grew its holdings in 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 worth $229,000 after purchasing an additional 557 shares during the period.

SL Green Realty Corporation (NYSE SLG) opened at 101.25 on Thursday. 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 of $98.42 and a 200 day moving average of $103.54. The company has a market cap of $10.02 billion, a P/E ratio of 104.06 and a beta of 1.19.

SL Green Realty Corporation (NYSE:SLG) last issued its quarterly earnings data 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). SL Green Realty Corporation had a return on equity of 1.43% and a net margin of 7.20%. The firm had revenue of $279.41 million during the quarter, compared to analysts’ expectations of $281.40 million. On average, analysts expect that SL Green Realty Corporation will post $0.88 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 16th. Stockholders of record on Monday, October 2nd will be given a $0.775 dividend. This represents a $3.10 dividend on an annualized basis and a dividend yield of 3.06%. The ex-dividend date is Friday, September 29th. SL Green Realty Corporation’s payout ratio is currently 319.59%.

A number of equities research analysts have weighed in on SLG shares. ValuEngine cut shares of SL Green Realty Corporation from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. BidaskClub upgraded shares of SL Green Realty Corporation from a “strong sell” rating to a “sell” rating in a report on Saturday, June 10th. Morgan Stanley cut shares of SL Green Realty Corporation from an “overweight” rating to an “equal weight” rating and cut their price objective for the stock from $120.00 to $106.00 in a report on Tuesday, June 13th. Goldman Sachs Group, Inc. (The) started coverage on shares of SL Green Realty Corporation in a report on Thursday, June 22nd. They issued a “buy” rating and a $121.00 price objective on the stock. Finally, BMO Capital Markets restated a “buy” rating and issued a $127.00 price objective on shares of SL Green Realty Corporation in a report on Tuesday, July 4th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and six have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $116.15.

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SL Green Realty Corporation 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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