Crossmark Global Holdings Inc. bought a new stake in shares of SL Green Realty Corporation (NYSE:SLG) during the 3rd quarter, according to its most recent filing with the SEC. The fund bought 6,349 shares of the real estate investment trust’s stock, valued at approximately $643,000.

Several other institutional investors have also modified their holdings of the company. BlackRock Inc. boosted its position in shares of SL Green Realty Corporation by 0.8% during the 2nd quarter. BlackRock Inc. now owns 9,414,955 shares of the real estate investment trust’s stock valued at $996,102,000 after acquiring an additional 77,742 shares in the last quarter. Boston Partners boosted its position in shares of SL Green Realty Corporation by 4.2% during the 2nd quarter. Boston Partners now owns 3,137,553 shares of the real estate investment trust’s stock valued at $331,953,000 after acquiring an additional 125,928 shares in the last quarter. FMR LLC boosted its position in shares of SL Green Realty Corporation by 8.9% during the 2nd quarter. FMR LLC now owns 2,846,095 shares of the real estate investment trust’s stock valued at $301,117,000 after acquiring an additional 232,516 shares in the last quarter. Lasalle Investment Management Securities LLC boosted its position in shares of SL Green Realty Corporation by 7.5% during the 2nd quarter. Lasalle Investment Management Securities LLC now owns 2,349,685 shares of the real estate investment trust’s stock valued at $248,597,000 after acquiring an additional 163,813 shares in the last quarter. Finally, PGGM Investments boosted its position in shares of SL Green Realty Corporation by 4.9% during the 3rd quarter. PGGM Investments now owns 2,039,802 shares of the real estate investment trust’s stock valued at $206,673,000 after acquiring an additional 95,000 shares in the last quarter.

SLG has been the topic of several recent research reports. BidaskClub upgraded shares of SL Green Realty Corporation from a “strong sell” rating to a “sell” rating in a research report on Monday, July 24th. Citigroup Inc. decreased their target price 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. Barclays PLC decreased their target price on shares of SL Green Realty Corporation from $110.00 to $109.00 and set an “equal weight” rating on the stock in a research report on Tuesday, August 1st. Jefferies Group LLC reiterated a “hold” rating and set a $113.00 target price on shares of SL Green Realty Corporation in a research report on Thursday, August 3rd. Finally, Stifel Nicolaus reiterated a “hold” rating and set a $112.00 target price on shares of SL Green Realty Corporation in a research report on Thursday, August 3rd. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and eight have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $115.00.

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SL Green Realty Corporation (SLG) opened at $100.16 on Thursday. SL Green Realty Corporation has a 12 month low of $93.92 and a 12 month high of $115.34. The firm has a market cap of $9,830.50, a PE ratio of 15.95, a price-to-earnings-growth ratio of 2.59 and a beta of 1.16. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.11 and a quick ratio of 0.11.

SL Green Realty Corporation (NYSE:SLG) last announced its earnings results on Wednesday, October 18th. The real estate investment trust reported $0.40 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.57 by ($1.17). SL Green Realty Corporation had a return on equity of 1.54% and a net margin of 7.70%. The company had revenue of $319.50 million during the quarter, compared to the consensus estimate of $326.70 million. During the same period in the prior year, the firm posted $1.63 earnings per share. The company’s revenue was down 4.5% on a year-over-year basis. sell-side analysts anticipate that SL Green Realty Corporation will post 6.44 EPS for the current year.

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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