ibusinesslines.com July 28, 2017

UBS Boosts Rating On SL Green Realty Corporation (SLG) To "Buy"

15 July 2017, 11:37 | Jodi Jackson

About 10 shares traded.

SL Green Realty Corporation (NYSE:SLG) last announced its earnings results on Wednesday, April 19th. It has underperformed by 6.21% the S&P500. It was reported on Jul, 13 by Barchart.com.

Realty Income Corporation (NYSE O) traded up 2.03% on Friday, reaching $56.25.

Boston Partners increased Pnm Res Inc (NYSE:PNM) stake by 24,604 shares to 587,916 valued at $20.17 million in 2016Q4. (NYSE:SLG) is -2.65%, -2.92% over the last quarter, and -1.38% for the past six months. Caesars Entmt Corp now has $1.88 billion valuation. (NYSE:SLG), its shares were trading at $103.52 a gain of $2.8, on the trading floor. It is down 3.99% since July 14, 2016 and is uptrending. It has underperformed by 57.16% the S&P500.

Among 12 analysts covering Tyson Foods Inc.

Among 21 analysts covering Pier 1 Imports (NYSE:PIR), 6 have Buy rating, 4 Sell and 11 Hold. Therefore 50% are positive. RBC Capital Markets maintained Tyson Foods, Inc. (NYSE:TXT) on Thursday, June 23 with "Underweight" rating. Jefferies initiated Tyson Foods, Inc. The stock of Tyson Foods, Inc. The company was maintained on Tuesday, July 19 by Barclays Capital. (NYSE:TSN) on Tuesday, November 22 with "Sector Perform" rating. The rating was upgraded by Bank of America on Wednesday, September 9 to "Buy". The firm has "Neutral" rating given on Wednesday, August 12 by SunTrust. BMO Capital Markets' target price indicates a potential upside of 21.30% from the company's previous close. Its down 3.51% from 3.37M shares previously.

Investors sentiment decreased to 0.75 in 2016 Q4. Its down 0.03, from 1.23 in 2016Q3. It improved, as 23 investors sold Agree Realty Corporation shares while 34 reduced holdings. 59 funds opened positions while 139 raised stakes. Retirement Systems Of Alabama accumulated 0.06% or 225,604 shares. Ltd. now owns 16,350 shares of the real estate investment trust's stock valued at $784,000 after buying an additional 170 shares during the period. Northwestern Mutual Wealth Management Company holds 0% or 5,007 shares in its portfolio. Asset One owns 421,080 shares for 0.11% of their portfolio. The senior management bring insider ownership to 0.53%, and institutional ownership is at 95.00%. Lord Abbett Ltd invested in 0.06% or 183,500 shares. Private Advisor Grp Inc Llc invested 0.01% in Textron Inc. Independent Order Of Foresters, a Ontario - Canada-based fund reported 8,921 shares. 3,300 are owned by Cypress Capital Ltd Liability Com. Prelude Cap Management Lc invested in 0.11% or 8,269 shares. (NYSE:DEI) for 799 shares.

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. (NYSE:SLG) has a large market cap size. The Firm operates through two divisions: real estate, and debt and preferred equity investments. It has a 22.42 P/E ratio. It acquires, owns, repositions, manages and leases commercial office, retail and multifamily properties in the New York Metropolitan area.

Jefferies Group also issued estimates for SL Green Realty Corporation's Q3 2017 earnings at $1.63 EPS, Q4 2017 earnings at $1.63 EPS, FY2017 earnings at $6.45 EPS, FY2018 earnings at $6.94 EPS and FY2019 earnings at $7.51 EPS. Its down 0.10, from 1.18 in 2016Q3. It worsened, as 45 investors sold SL Green Realty Corp shares while 109 reduced holdings.

Several hedge funds have recently made changes to their positions in SLG. UBS maintained the shares of SLG in report on Friday, May 20 with "Buy" rating. The Tide Point Capital Management Lp holds 864,381 shares with $41.97 million value, down from 961,769 last quarter. Veritable L P owns 9,905 shares. During the last 52 weeks, the (NYSE:SLG) price has been as high as $120.63 and as low as $93.9. State Of Tennessee Treasury Department has invested 0.02% in SL Green Realty Corp (NYSE:SLG). Victory Inc invested in 3,025 shares. 165,803 were reported by Sei Investments. The original version of this article can be accessed at https://www.thestockobserver.com/2017/07/15/sl-green-realty-corporation-slg-forecasted-to-earn-q2-2017-earnings-of-1-62-per-share.html.

Analysts await SL Green Realty Corp (NYSE:SLG) to report earnings on July, 19. Moreover, Blackrock Japan Company has 0.05% invested in SL Green Realty Corp (NYSE:SLG) for 143,024 shares.

At the current price SL Green Realty Corp.

01/09/2017 - SL Green Realty Corporation was downgraded to "hold" by analysts at Deutsche Bank. Comerica Bancorporation reported 0.02% in SL Green Realty Corp (NYSE:SLG). Tudor Investment Corp ET AL purchased a new position in SL Green Realty Corporation during the first quarter worth about $203,000. HATKOFF CRAIG M had sold 2,800 shares worth $310,940.

Shares of Agree Realty Corporation (NYSE:ADC) traded up 1.58% during mid-day trading on Tuesday, reaching $46.88. 32,700 shares valued at $3.73 million were sold by LEVINE ANDREW S on Wednesday, March 1. Agree Realty Corp had 19 analyst reports since October 28, 2015 according to SRatingsIntel. Therefore 42% are positive.

To help you determine whether SL Green Realty Corp. The firm has "Buy" rating given on Monday, August 24 by Zacks. Jefferies has "Buy" rating and $131 target. On Tuesday, September 8 the stock rating was upgraded by TD Securities to "Buy". Johnson Rice upgraded the shares of PIR in report on Thursday, December 15 to "Accumulate" rating. The rating was downgraded by Zacks on Friday, August 14 to "Buy". The firm has "Neutral" rating given on Thursday, August 25 by BTIG Research.

This stock (MRO) is ahead of its 52-week low with 2.23%.

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