SL Green Realty Corporation (SLG) Upgraded by UBS AG to "Buy"

Gladys Abbott
July 16, 2017

It is down 18.46% since July 14, 2016 and is uptrending. It has outperformed by 13.33% the S&P500.

01/22/2016 - SL Green Realty Corporation was upgraded to " by analysts at Sandler O'Neill. Boston Partners sold 122,625 shares as Sl Green Rlty Corp (SLG)'s stock declined 8.11%. For the next financial year, analysts anticipate that the company will post sales of $1.18 billion per share, with estimates ranging from $1.14 billion to $1.22 billion. It is down 3.99% since July 14, 2016 and is uptrending. It has underperformed by 12.71% the S&P500.

Among 19 analysts covering SL Green Realty Corp. The stock of SL Green Realty Corp (NYSE:SLG) has "Buy" rating given on Monday, August 24 by Zacks. Therefore 37% are positive. (The) started coverage on SL Green Realty Corporation in a research note on Thursday, June 22nd. The stock has "Buy" rating by UBS on Friday, May 20. (NYSE:TXT) earned "Buy" rating by Credit Suisse on Thursday, May 25. Credit Agricole S A has invested 0% of its portfolio in Agree Realty Corporation (NYSE:ADC). The company now has a consensus rating of "Hold" and a consensus target price of $63.15. The rating was upgraded by JP Morgan on Wednesday, December 16 to "Overweight". TX held its position in Realty Income Corporation (NYSE:O) during the first quarter, according to its most recent disclosure with the SEC. The stock has "Hold" rating by Jefferies on Monday, May 29. The stock's market capitalization is 10.54B.

Since February 22, 2017, it had 0 buys, and 6 selling transactions for $19.80 million activity. American International Group Inc.'s holdings in SL Green Realty Corporation were worth $3,829,000 at the end of the most recent quarter. RAKOLTA JOHN JR bought 10,000 shares worth $448,200. TXT's profit will be $147.87M for 22.25 P/E if the $0.55 EPS becomes a reality. Ltd. raised its stake in shares of Agree Realty Corporation by 2.1% in the first quarter. 20,657 are owned by M&T National Bank. Vanguard Reit Vipers (VNQ) was reduced too.

Investors sentiment decreased to 1.08 in 2016 Q4.

The counter witnessed a trading volume of 1 million shares versus an average volume of 0.72 million shares during last trading session. It dropped, as 45 investors sold SLG shares while 109 reduced holdings. JPMorgan Chase & Co. raised its position in Realty Income Corporation by 226.0% in the first quarter. The real estate investment trust reported $1.57 earnings per share for the quarter, meeting analysts' consensus estimates of $1.57. Zacks Investment Research lowered shares of Realty Income Corporation from a "hold" rating to a "sell" rating in a research report on Wednesday, June 28th. Profund Advsr Limited Liability holds 0.03% in SL Green Realty Corp (NYSE:SLG) or 5,490 shares. Vanguard stated it has 17.43 million shares.

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Jefferies lowered the price target and downgraded the stock on December 8 changing the price target from $131.00 to $117.00 and changing the rating from "Buy" to "Hold". Following the transaction, the director now owns 7,196 shares in the company, valued at approximately $768,101.04. Franklin Resource invested in 163,430 shares. Pensionfund Dsm Netherlands has invested 0.26% in SL Green Realty Corp (NYSE:SLG). After $1.57 actual EPS reported by SL Green Realty Corp for the previous quarter, Wall Street now forecasts 1.91% EPS growth. Bridgeway Mgmt Inc has 21,192 shares for 0.02% of their portfolio. 70,106 were reported by Retirement System Of Alabama. 6,400 are held by Louisiana State Employees Retirement. Stockholders of record on Friday, June 30th were given a dividend of $0.505 per share. 224,814 were accumulated by Blackrock Inv Lc. This represents a $3.10 annualized dividend and a dividend yield of 2.96%. Therefore 43% are positive.

Analysts await Caesars Entertainment Corp (NASDAQ:CZR) to report earnings on August, 1. (NYSE:TSN) earned "Buy" rating by Argus Research on Thursday, April 21. The stock of Textron Inc. Citigroup downgraded the stock to "Sell" rating in Monday, May 2 report. The company was upgraded on Wednesday, November 4 by DA Davidson. (NYSE:SLG) has gone weaker by -7.61%. The firm has "Buy" rating by Goldman Sachs given on Monday, March 14. Stifel Nicolaus has "Buy" rating and $125 target. (NYSE:TXT) on Thursday, October 6 with "Outperform" rating.

Investors sentiment decreased to 0.75 in 2016 Q4. Its down 0.03, from 1.23 in 2016Q3. Invesco Ltd has 0.17% invested in Textron Inc. Weiss Multi holds 0.09% of its portfolio in Caesars Entertainment Corp (NASDAQ:CZR) for 218,050 shares. State Of Wisconsin Inv Board invested in 0.01% or 76,304 shares. Moreover, Gamco Incorporated Et Al has 0.65% invested in Textron Inc. Commonwealth Of Pennsylvania Pub School Empls Retrmt holds 5,808 shares or 0.01% of its portfolio. Private Advisor Grp Inc Llc invested 0.01% in Textron Inc. (NYSE:ARW) for 57,422 shares. Metropolitan Life Insurance Ny reported 142,276 shares. Kempen Capital Mngmt Nv holds 0.43% or 31,789 shares in its portfolio. Schwab Charles Investment Management has 0.04% invested in Douglas Emmett, Inc. GREEN STEPHEN L sold $10.56 million worth of SL Green Realty Corp (NYSE:SLG) on Thursday, February 23. The Ontario - Canada-based Intact Investment Management Inc. has invested 1.63% in the stock. Jacobs Levy Equity Mngmt has 58,487 shares. Profund Advisors invested 0.02% of its portfolio in Textron Inc. (NYSE:TXT) for 2.11 million shares. Hedge funds and other institutional investors own 81.70% of the company's stock.

Since February 28, 2017, it had 0 buys, and 1 sale for $24,860 activity. (NYSE:SLG) has been trading recently.

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