SL Green Realty Corp (SLG) : Pensionfund Dsm Netherlands scooped up 8,000 additional shares in SL Green Realty Corp during the most recent quarter end , according to a recent disclosure to the SEC on Apr 4, 2016. The investment management firm now holds a total of 16,923 shares of SL Green Realty Corp which is valued at $1.7 Million.SL Green Realty Corp makes up approximately 0.23% of Pensionfund Dsm Netherlands’s portfolio.
Other Hedge Funds, Including , Pensionfund Sabic boosted its stake in SLG in the latest quarter, The investment management firm added 2,000 additional shares and now holds a total of 7,257 shares of SL Green Realty Corp which is valued at $710,097. SL Green Realty Corp makes up approx 0.22% of Pensionfund Sabic’s portfolio.
On the company’s financial health, SL Green Realty Corp reported $1.65 EPS for the quarter, beating the analyst consensus estimate by $ 0.10 according to the earnings call on Oct 21, 2015. Analyst had a consensus of $1.55. The company had revenue of $366.72 million for the quarter, compared to analysts expectations of $364.57 million. The company’s revenue was up 9.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.55 EPS.
Many Wall Street Analysts have commented on SL Green Realty Corp. SL Green Realty Corp was Upgraded by Credit Suisse to ” Neutral” on Apr 12, 2016. SL Green Realty Corp was Upgraded by Goldman to ” Neutral” on Feb 19, 2016. SL Green Realty Corp was Upgraded by Sun Trust Rbsn Humphrey to ” Buy” on Jan 22, 2016.
SL Green Realty Corp opened for trading at $97.11 and hit $98.18 on the upside on Monday, eventually ending the session at $97.85, with a gain of 0.95% or 0.92 points. The heightened volatility saw the trading volume jump to 11,33,182 shares. Company has a market cap of $9,790 M.
SL Green Realty Corp. is a self-managed real estate investment trust or REIT with in-house capabilities in property management acquisitions and dispositions financing development and redevelopment construction and leasing. It operates two segments: real estate and debt and preferred equity investments. The Company owns interests in commercial office properties in the New York Metropolitan area primarily in midtown Manhattan. The Company also manages an approximately 336201 square foot office building owned by a third party and held debt and preferred equity investments with a book value of approximately $1.4 billion. The Company also invests in well-collateralized debt and preferred equity investments.