Hudson Bay Capital Management LP Grows Holdings in SL Green Realty Corporation $SLG

Hudson Bay Capital Management LP grew its position in shares of SL Green Realty Corporation (NYSE:SLG) by 51.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,460,373 shares of the real estate investment trust’s stock after purchasing an additional 497,040 shares during the period. SL Green Realty accounts for about 0.3% of Hudson Bay Capital Management LP’s investment portfolio, making the stock its 20th largest position. Hudson Bay Capital Management LP’s holdings in SL Green Realty were worth $87,345,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of SLG. State Street Corp raised its position in shares of SL Green Realty by 1.0% in the second quarter. State Street Corp now owns 4,257,874 shares of the real estate investment trust’s stock valued at $264,636,000 after buying an additional 41,873 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of SL Green Realty by 0.4% during the second quarter. Geode Capital Management LLC now owns 1,833,682 shares of the real estate investment trust’s stock valued at $113,518,000 after buying an additional 6,690 shares during the period. Prudential Financial Inc. boosted its position in SL Green Realty by 104.1% during the second quarter. Prudential Financial Inc. now owns 1,622,594 shares of the real estate investment trust’s stock worth $100,439,000 after acquiring an additional 827,407 shares during the last quarter. Northern Trust Corp grew its stake in SL Green Realty by 3.7% in the 3rd quarter. Northern Trust Corp now owns 1,543,987 shares of the real estate investment trust’s stock worth $92,346,000 after acquiring an additional 54,890 shares during the period. Finally, Dimensional Fund Advisors LP grew its stake in SL Green Realty by 2.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,060,037 shares of the real estate investment trust’s stock worth $63,401,000 after acquiring an additional 25,743 shares during the period. 89.96% of the stock is currently owned by hedge funds and other institutional investors.

SL Green Realty Price Performance

Shares of NYSE SLG opened at $38.36 on Thursday. The company has a debt-to-equity ratio of 1.05, a current ratio of 2.66 and a quick ratio of 2.66. SL Green Realty Corporation has a 1-year low of $35.03 and a 1-year high of $66.91. The company has a market capitalization of $2.74 billion, a price-to-earnings ratio of -23.83 and a beta of 1.66. The business has a 50-day moving average of $42.04 and a 200-day moving average of $48.50.

SL Green Realty (NYSE:SLG) last announced its earnings results on Wednesday, January 28th. The real estate investment trust reported $1.13 EPS for the quarter, beating the consensus estimate of $1.10 by $0.03. The business had revenue of $159.82 million for the quarter, compared to the consensus estimate of $162.73 million. SL Green Realty had a negative return on equity of 2.44% and a negative net margin of 9.66%.The company’s revenue was up 14.5% on a year-over-year basis. During the same period last year, the business posted $1.81 EPS. On average, equities analysts anticipate that SL Green Realty Corporation will post 5.43 EPS for the current fiscal year.

More SL Green Realty News

Here are the key news stories impacting SL Green Realty this week:

• Positive Sentiment: Deutsche Bank upgraded SLG from “hold” to “buy” and set a $44 price target (slightly cut from $45), signaling near‑term upside from the broker community. Deutsche Bank Upgrade via Benzinga/Finviz
• Positive Sentiment: Scotiabank raised its price target to $52 and kept an Outperform rating, a more bullish view that implies meaningful upside relative to current levels. Scotiabank Raises Price Target to $52
• Positive Sentiment: One Madison Avenue reached 100% leased, a tangible operational win that should support cash flow and leasing momentum in SLG’s core Manhattan office portfolio. One Madison 100% Leased (MSN)
• Neutral Sentiment: SLG agreed to sell residential and retail segments of 7 Dey Street to GO Residential for $222.6M; SLG retains the office portion, suggesting asset recycling without meaningfully altering core office exposure. SLG to Sell 7 Dey Street for $222.6M (Zacks)
• Neutral Sentiment: SLG announced its Q1 2026 results will be released after the close on April 15 with a conference call on April 16 — an upcoming catalyst that can drive volatility. Q1 2026 Results Date (GlobeNewswire)
• Neutral Sentiment: Analysts’ consensus remains around “hold,” per a recent roundup, which limits broad upward momentum despite some buy-side upgrades. Analysts Average “Hold” (American Banking News)
• Negative Sentiment: A Seeking Alpha piece criticizes SLG’s transparency and says recent divestments are too small (2–3% of the balance sheet) to clarify underlying financial health — a narrative that can weigh on investor confidence and multiple expansion. SL Green: Too Opaque To Get Involved (Seeking Alpha)

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. Citigroup reduced their price target on SL Green Realty from $70.00 to $55.00 and set a “buy” rating on the stock in a research note on Wednesday, February 4th. Barclays dropped their target price on SL Green Realty from $54.00 to $43.00 and set an “equal weight” rating for the company in a research note on Thursday, February 26th. Truist Financial set a $44.00 target price on SL Green Realty in a research report on Tuesday, February 3rd. Morgan Stanley set a $43.00 price target on SL Green Realty in a research note on Thursday, January 29th. Finally, Zacks Research upgraded SL Green Realty from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 25th. Eight investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $52.80.

Insider Activity at SL Green Realty

In other news, CEO Marc Holliday sold 22,223 shares of the company’s stock in a transaction on Tuesday, December 23rd. The shares were sold at an average price of $44.40, for a total value of $986,701.20. Following the completion of the transaction, the chief executive officer directly owned 9,698 shares in the company, valued at approximately $430,591.20. This represents a 69.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Andrew S. Levine sold 1,493 shares of the firm’s stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $45.27, for a total transaction of $67,588.11. Following the sale, the insider directly owned 7,045 shares of the company’s stock, valued at approximately $318,927.15. The trade was a 17.49% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 5.04% of the stock is owned by company insiders.

About SL Green Realty

SL Green Realty Corp. (NYSE: SLG) is a publicly traded real estate investment trust (REIT) focused primarily on the acquisition, management and development of commercial office properties in Manhattan. As one of New York City’s largest office landlords, the company’s portfolio includes Class A office buildings and mixed-use projects located in prime Midtown and Downtown submarkets. SL Green generates revenue through leasing office space to a diverse mix of tenants spanning financial services, technology, media and professional services firms.

Founded in 1980 by real estate investor Stephen L.