Quantbot Technologies LP increased its stake in shares of SL Green Realty Corporation (NYSE:SLG) by 2,575.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 13,295 shares of the real estate investment trust’s stock after acquiring an additional 12,798 shares during the period. Quantbot Technologies LP’s holdings in SL Green Realty Corporation were worth $1,347,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in SL Green Realty Corporation by 32.7% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 47,650 shares of the real estate investment trust’s stock valued at $5,041,000 after buying an additional 11,735 shares during the period. Paragon Capital Management Ltd bought a new stake in SL Green Realty Corporation in the second quarter valued at approximately $246,000. Lasalle Investment Management Securities LLC raised its stake in SL Green Realty Corporation by 7.5% in the second 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 buying an additional 163,813 shares during the period. Parametrica Management Ltd bought a new stake in SL Green Realty Corporation in the second quarter valued at approximately $244,000. Finally, Honeywell International Inc. raised its stake in SL Green Realty Corporation by 27.8% in the third quarter. Honeywell International Inc. now owns 33,790 shares of the real estate investment trust’s stock valued at $3,424,000 after buying an additional 7,340 shares during the period.

Shares of SL Green Realty Corporation (NYSE:SLG) opened at $100.87 on Monday. The firm has a market capitalization of $9,912.06, a price-to-earnings ratio of 16.09, a price-to-earnings-growth ratio of 2.61 and a beta of 1.16. SL Green Realty Corporation has a twelve month low of $93.92 and a twelve month high of $115.34. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.38.

SL Green Realty Corporation (NYSE:SLG) last issued 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). The business had revenue of $319.50 million during the quarter, compared to analyst estimates of $326.70 million. SL Green Realty Corporation had a net margin of 7.70% and a return on equity of 1.54%. The company’s revenue for the quarter was down 4.5% compared to the same quarter last year. During the same period in the prior year, the business posted $1.63 EPS. equities research analysts expect that SL Green Realty Corporation will post 6.44 earnings per share for the current year.

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SLG has been the topic of several research analyst reports. Morgan Stanley restated an “equal weight” rating and issued a $104.00 price objective (down previously from $106.00) on shares of SL Green Realty Corporation in a research note on Friday, September 1st. Zacks Investment Research lowered SL Green Realty Corporation from a “hold” rating to a “sell” rating in a research note on Tuesday, October 17th. Citigroup Inc. lowered their target price on SL Green Realty Corporation from $125.00 to $123.00 and set a “buy” rating on the stock in a research note on Monday, October 23rd. SunTrust Banks, Inc. set a $115.00 target price on SL Green Realty Corporation and gave the stock a “buy” rating in a research note on Saturday, October 21st. Finally, BMO Capital Markets reiterated a “buy” rating and set a $125.00 target price on shares of SL Green Realty Corporation in a research note on Wednesday, October 25th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and eight have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $115.00.

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.

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

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