Commerce Bank Makes New Investment in SL Green Realty Corporation $SLG

Posted by George Bondi on Aug 27th, 2026

Commerce Bank bought a new stake in SL Green Realty Corporation (NYSE:SLG – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 13,380 shares of the real estate investment trust’s stock, valued at approximately $693,000.

A number of other hedge funds also recently bought and sold shares of SLG. Triumph Capital Management bought a new stake in shares of SL Green Realty in the 3rd quarter worth approximately $45,000. Davis Capital Management bought a new position in shares of SL Green Realty during the first quarter valued at about $46,000. Global Retirement Partners LLC bought a new position in SL Green Realty during the 2nd quarter valued at approximately $53,000. Fourth Dimension Wealth LLC raised its holdings in shares of SL Green Realty by 45.5% during the fourth quarter. Fourth Dimension Wealth LLC now owns 1,600 shares of the real estate investment trust’s stock valued at $73,000 after acquiring an additional 500 shares in the last quarter. Finally, Hantz Financial Services Inc. lifted its position in shares of SL Green Realty by 30.6% in the 4th quarter. Hantz Financial Services Inc. now owns 1,613 shares of the real estate investment trust’s stock worth $74,000 after purchasing an additional 378 shares during the period. Institutional investors own 89.96% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on SLG. Morgan Stanley set a $52.00 price target on SL Green Realty and gave the company an “equal weight” rating in a research report on Wednesday, July 22nd. Barclays set a $52.00 price target on shares of SL Green Realty and gave the company an “equal weight” rating in a research report on Tuesday, July 21st. UBS Group set a $60.00 target price on SL Green Realty in a research report on Monday, July 27th. Wall Street Zen cut SL Green Realty from a “sell” rating to a “strong sell” rating in a report on Saturday, August 8th. Finally, Truist Financial set a $57.00 target price on SL Green Realty and gave the stock a “hold” rating in a research report on Monday. Seven analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, SL Green Realty has an average rating of “Hold” and a consensus target price of $56.20.

View Our Latest Report on SL Green Realty

SL Green Realty Price Performance

NYSE:SLG opened at $58.83 on Thursday. The business’s 50-day simple moving average is $53.28 and its two-hundred day simple moving average is $45.69. The company has a quick ratio of 3.10, a current ratio of 3.10 and a debt-to-equity ratio of 1.05. SL Green Realty Corporation has a 52 week low of $34.77 and a 52 week high of $66.29. The stock has a market cap of $4.19 billion, a PE ratio of -21.55, a P/E/G ratio of 2.63 and a beta of 1.58.

SL Green Realty (NYSE:SLG – Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The real estate investment trust reported ($0.38) earnings per share for the quarter, topping the consensus estimate of ($0.59) by $0.21. SL Green Realty had a negative return on equity of 4.37% and a negative net margin of 16.92%.The business had revenue of $264.00 million during the quarter, compared to the consensus estimate of $179.01 million. During the same period in the prior year, the company posted $1.63 EPS. The firm’s revenue for the quarter was up 16.5% compared to the same quarter last year. As a group, analysts forecast that SL Green Realty Corporation will post 5.44 EPS for the current fiscal year.

SL Green Realty Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were paid a dividend of $0.6175 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $2.47 dividend on an annualized basis and a yield of 4.2%. SL Green Realty’s dividend payout ratio is presently -90.48%.

Insider Activity at SL Green Realty

In related news, insider Harrison Sitomer sold 23,113 shares of the firm’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of $57.71, for a total value of $1,333,851.23. Following the completion of the transaction, the insider directly owned 109,468 shares of the company’s stock, valued at approximately $6,317,398.28. This trade represents a 17.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 5.94% of the company’s stock.

SL Green Realty Company Profile

(Free Report)

SL Green Realty Corp. (NYSE: SLG) is a publicly traded real estate investment trust (REIT) focused primarily on the acquisition, management and development of commercial office properties in Manhattan. As one of New York City’s largest office landlords, the company’s portfolio includes Class A office buildings and mixed-use projects located in prime Midtown and Downtown submarkets. SL Green generates revenue through leasing office space to a diverse mix of tenants spanning financial services, technology, media and professional services firms.

Founded in 1980 by real estate investor Stephen L.