As Sl Green Rlty Corp (SLG) Shares Declined, Aviva Plc Has Decreased Position

SL Green Realty Corp. (NYSE:SLG) LogoInvestors sentiment decreased to 0.83 in Q4 2018. Its down 0.09, from 0.92 in 2018Q3. It dropped, as 31 investors sold SLG shares while 126 reduced holdings. 50 funds opened positions while 80 raised stakes. 79.72 million shares or 2.54% less from 81.80 million shares in 2018Q3 were reported. Fort Washington Advisors Oh accumulated 0.01% or 7,300 shares. Tower Research Capital Limited Co (Trc) owns 11,808 shares for 0.07% of their portfolio. Schroder Inv Mgmt Gp holds 11,892 shares. Chevy Chase Trust invested 0.03% of its portfolio in SL Green Realty Corp. (NYSE:SLG). 5,289 were reported by Lombard Odier Asset Management (Switzerland). Envestnet Asset reported 42,955 shares. First Citizens Bancorp And Trust holds 0.09% in SL Green Realty Corp. (NYSE:SLG) or 9,298 shares. Tortoise Invest Mgmt Lc invested 0% in SL Green Realty Corp. (NYSE:SLG). Next Financial Group Inc Inc accumulated 0% or 25 shares. Rafferty Asset Limited Liability Corporation reported 0.03% stake. Boston Prns invested in 0.72% or 6.32 million shares. Bank & Trust Of Montreal Can reported 46,336 shares. Washington Tru National Bank invested in 4 shares or 0% of the stock. Aperio Grp Lc holds 0.01% in SL Green Realty Corp. (NYSE:SLG) or 18,476 shares. Meiji Yasuda Asset Mgmt stated it has 0.02% of its portfolio in SL Green Realty Corp. (NYSE:SLG).

Since December 19, 2018, it had 0 buys, and 2 insider sales for $9.39 million activity. Shares for $9.16 million were sold by HOLLIDAY MARC on Wednesday, December 19.

Aviva Plc decreased its stake in Sl Green Rlty Corp (SLG) by 85.23% based on its latest 2018Q4 regulatory filing with the SEC. Aviva Plc sold 181,021 shares as the company’s stock declined 3.04% while stock markets rallied. The institutional investor held 31,370 shares of the real estate investment trusts company at the end of 2018Q4, valued at $2.48 million, down from 212,391 at the end of the previous reported quarter. Aviva Plc who had been investing in Sl Green Rlty Corp for a number of months, seems to be less bullish one the $7.70 billion market cap company. The stock increased 0.36% or $0.31 during the last trading session, reaching $86.88. About 395,184 shares traded. SL Green Realty Corp. (NYSE:SLG) has declined 5.41% since May 17, 2018 and is downtrending. It has underperformed by 9.78% the S&P500.

Aviva Plc, which manages about $13.41 billion US Long portfolio, upped its stake in Sherwin Williams Co (NYSE:SHW) by 14,490 shares to 142,584 shares, valued at $56.10M in 2018Q4, according to the filing. It also increased its holding in Invitation Homes Inc by 227,703 shares in the quarter, for a total of 636,504 shares, and has risen its stake in Nutrien Ltd.

Analysts await SL Green Realty Corp. (NYSE:SLG) to report earnings on July, 17. They expect $1.74 earnings per share, up 2.96 % or $0.05 from last year’s $1.69 per share. SLG’s profit will be $154.15 million for 12.48 P/E if the $1.74 EPS becomes a reality. After $1.68 actual earnings per share reported by SL Green Realty Corp. for the previous quarter, Wall Street now forecasts 3.57 % EPS growth.

More notable recent SL Green Realty Corp. (NYSE:SLG) news were published by: Globenewswire.com which released: “Research Report Identifies Akers Biosciences, SL Green Realty, JinkoSolar Holding Company, and Ekso Bionics with Renewed Outlook — Fundamental Analysis, Calculating Forward Movement – GlobeNewswire” on May 03, 2019, also Benzinga.com with their article: “Benzinga’s Top Upgrades, Downgrades For April 23, 2019 – Benzinga” published on April 23, 2019, Streetinsider.com published: “SL Green Realty (SLG) Tops Q1 EPS by 10c, Revenues Beat – StreetInsider.com” on April 17, 2019. More interesting news about SL Green Realty Corp. (NYSE:SLG) were released by: Seekingalpha.com and their article: “SL Green Realty (SLG) To Present At Citi’s Global Property CEO Conference – Slideshow – Seeking Alpha” published on March 04, 2019 as well as Seekingalpha.com‘s news article titled: “Keybanc dims view on office REITs, except for Boston Properties – Seeking Alpha” with publication date: April 23, 2019.

SL Green Realty Corp. (NYSE:SLG) Ratings Coverage

Among 4 analysts covering SL Green Realty (NYSE:SLG), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. SL Green Realty had 12 analyst reports since December 10, 2018 according to SRatingsIntel. Goldman Sachs downgraded the stock to “Neutral” rating in Tuesday, January 15 report. Deutsche Bank maintained SL Green Realty Corp. (NYSE:SLG) rating on Wednesday, April 10. Deutsche Bank has “Buy” rating and $110 target. The rating was upgraded by Barclays Capital on Monday, February 4 to “Overweight”. On Tuesday, January 15 the stock rating was upgraded by SunTrust to “Buy”. The firm has “Underweight” rating by JP Morgan given on Wednesday, December 19. Deutsche Bank upgraded it to “Buy” rating and $118 target in Monday, December 10 report.

SL Green Realty Corp. (NYSE:SLG) Institutional Positions Chart

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