SL Green Realty Corp (NYSE:SLG) CFO Matthew J. Diliberto sold 2,084 shares of the business’s stock in a transaction dated Tuesday, March 12th. The stock was sold at an average price of $91.66, for a total transaction of $191,019.44. The transaction was disclosed in a filing with the SEC, which is available through this link.

Shares of NYSE SLG opened at $90.38 on Friday. The company has a market capitalization of $7.75 billion, a PE ratio of 13.65, a PEG ratio of 2.90 and a beta of 1.31. SL Green Realty Corp has a 52-week low of $76.77 and a 52-week high of $106.54. The company has a debt-to-equity ratio of 0.91, a quick ratio of 2.05 and a current ratio of 2.05.

SL Green Realty (NYSE:SLG) last issued its earnings results on Wednesday, January 23rd. The real estate investment trust reported ($0.73) earnings per share (EPS) for the quarter, missing the consensus estimate of $1.72 by ($2.45). The firm had revenue of $317.04 million during the quarter, compared to the consensus estimate of $255.12 million. SL Green Realty had a return on equity of 3.82% and a net margin of 20.15%. The company’s quarterly revenue was down 12.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.60 EPS. On average, research analysts anticipate that SL Green Realty Corp will post 6.91 earnings per share for the current year.

Several equities research analysts recently commented on the stock. SunTrust Banks reissued a “hold” rating and set a $107.00 price objective on shares of SL Green Realty in a research note on Tuesday, December 4th. Deutsche Bank raised shares of SL Green Realty from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $114.00 to $118.00 in a research note on Monday, December 10th. Morgan Stanley lowered shares of SL Green Realty from an “equal weight” rating to an “underweight” rating and dropped their price objective for the stock from $97.00 to $85.50 in a research note on Wednesday. JPMorgan Chase & Co. lowered shares of SL Green Realty from an “equal weight” rating to an “underweight” rating and set a $91.91 price objective on the stock. in a research note on Wednesday. Finally, Barclays raised shares of SL Green Realty from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $97.00 to $100.00 in a research note on Monday, February 4th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and eight have issued a buy rating to the stock. SL Green Realty currently has an average rating of “Hold” and a consensus price target of $100.95.

Several hedge funds and other institutional investors have recently modified their holdings of SLG. CSat Investment Advisory L.P. lifted its stake in shares of SL Green Realty by 55.1% in the fourth quarter. CSat Investment Advisory L.P. now owns 363 shares of the real estate investment trust’s stock worth $29,000 after buying an additional 129 shares in the last quarter. Exane Asset Management bought a new position in shares of SL Green Realty in the fourth quarter worth approximately $118,000. Enlightenment Research LLC bought a new position in shares of SL Green Realty in the fourth quarter worth approximately $134,000. Point72 Hong Kong Ltd lifted its stake in shares of SL Green Realty by 324.3% in the third quarter. Point72 Hong Kong Ltd now owns 1,939 shares of the real estate investment trust’s stock worth $189,000 after buying an additional 1,482 shares in the last quarter. Finally, Advisors Capital Management LLC bought a new position in shares of SL Green Realty in the fourth quarter worth approximately $212,000. Hedge funds and other institutional investors own 97.52% of the company’s stock.

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About SL Green Realty

SL Green Realty Corp., an S&P 500 company and New York City's largest office landlord, is a fully integrated real estate investment trust, or REIT, that is focused primarily on acquiring, managing and maximizing value of Manhattan commercial properties. As of December 31, 2018, SL Green held interests in 101 Manhattan buildings totaling 46.0 million square feet.

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