Apple (AAPL) Shareholder Daniel Devine & Company Has Lowered Stake; Springbok Capital Management Has Decreased Its Position in Sl Green Rlty (SLG) by $1.50 Million as Market Valuation Declined

June 14, 2018 - By Winifred Garcia

SL Green Realty Corp. (NYSE:SLG) Logo

Gavin Saitowitz decreased its stake in Sl Green Rlty Corp (SLG) by 77.21% based on its latest 2018Q1 regulatory filing with the SEC. Springbok Capital Management Llc sold 15,588 shares as the company’s stock declined 2.24% with the market. The hedge fund run by Gavin Saitowitz held 4,601 shares of the real estate investment trusts company at the end of 2018Q1, valued at $446,000, down from 20,189 at the end of the previous reported quarter. Springbok Capital Management Llc who had been investing in Sl Green Rlty Corp for a number of months, seems to be less bullish one the $9.11 billion market cap company. The stock increased 2.09% or $2 during the last trading session, reaching $97.79. About 719,799 shares traded. SL Green Realty Corp. (NYSE:SLG) has declined 6.62% since June 14, 2017 and is downtrending. It has underperformed by 19.19% the S&P500. Some Historical SLG News: 18/04/2018 – SL Green Realty 1Q Net $105.5M; 24/04/2018 – SL Green Inks Third Largest Lease at One Vanderbilt; 11/04/2018 – SL GREEN REPORTS SALE OF 1745 BROADWAY OFFICE CONDOMINIUM & TWO; 18/04/2018 – SL Green Realty Corp. Reports First Quarter 2018 EPS of $1.12 Per Share; and FFO of $1.66 Per Share; 27/04/2018 – MEDIA-China’s HNA is in talks With SL Green on Park Avenue Tower- Bloomberg; 18/04/2018 – SL GREEN REALTY CORP SLG.N – QTRLY TOTAL REVENUES $301.7 MLN VS $377.4 MLN; 25/04/2018 – SL Green signs law firm to One Vanderbilt tower in New York; 25/04/2018 – SL GREEN REALTY SIGNS MCDERMOTT WILL & EMERY AT ONE VANDERBILT; 04/05/2018 – SL GREEN REALTY CORP – COTY IS EXPECTED TO TAKE POSSESSION OF PROPERTY IN JULY 2018; 19/04/2018 – SL GREEN CEO: FRAME OF ONE VANDERBILT PROJECT UP TO 14TH FLOOR

Daniel Devine & Company decreased its stake in Apple Inc (AAPL) by 15.79% based on its latest 2018Q1 regulatory filing with the SEC. Daniel Devine & Company sold 7,640 shares as the company’s stock rose 5.37% while stock markets declined. The institutional investor held 40,758 shares of the computer manufacturing company at the end of 2018Q1, valued at $6.84 million, down from 48,398 at the end of the previous reported quarter. Daniel Devine & Company who had been investing in Apple Inc for a number of months, seems to be less bullish one the $938.20 billion market cap company. The stock increased 0.09% or $0.18 during the last trading session, reaching $190.88. About 14.80M shares traded. Apple Inc. (NASDAQ:AAPL) has risen 22.56% since June 14, 2017 and is uptrending. It has outperformed by 9.99% the S&P500. Some Historical AAPL News: 20/03/2018 – “I had seven bitcoins stolen from me through fraud,” says Apple co-founder Steve Wozniak; 29/05/2018 – Voip-Pal Files a Second Lawsuit Against Apple for Infringement of Four New Patents; 04/05/2018 – Apple has nurtured partnerships with heritage luxury brands, starting with Hermès in 2015; 10/03/2018 – Patently Apple: Intel Considers Bid for Qualcomm as Fears grow that Apple may have Sway over the Broadcom Bid; 29/03/2018 – Apple releases iOS 11.3, which lets users control iPhone battery settings; 13/03/2018 – Apple supplier Wistron secures land to build new site in southern India; 15/05/2018 – Buffett told CNBC earlier this month the conglomerate had exited its holdings of International Business Machines and added 75 million shares of Apple in the quarter; 28/03/2018 – Apple CEO Cook Spoke at Taping of MSNBC Show to Be Aired Later; 01/05/2018 – Software Motor Company Welcomes Apple’s Former Global Energy Team Leader as Vice President of Business Development; 04/05/2018 – Apple’s Eddy Cue to Be Deposed in Qualcomm Patent Battle

More notable recent Apple Inc. (NASDAQ:AAPL) news were published by: Seekingalpha.com which released: “AI At The Edge: Apple’s Smartphone Leadership” on June 13, 2018, also Livetradingnews.com with their article: “Apple Inc. (NASDAQ:AAPL) Making a New High This Week” published on June 12, 2018, Nasdaq.com published: “Geopolitical Risks Are a Way Smaller Market Factor Than You Might Think” on June 12, 2018. More interesting news about Apple Inc. (NASDAQ:AAPL) were released by: Seekingalpha.com and their article: “Apple: Biggest Launch Cycle Ever?” published on June 14, 2018 as well as Seekingalpha.com‘s news article titled: “For Microsoft The Future Is Now” with publication date: June 13, 2018.

Investors sentiment decreased to 0.69 in 2018 Q1. Its down 0.04, from 0.73 in 2017Q4. It dived, as 69 investors sold AAPL shares while 1039 reduced holdings. 125 funds opened positions while 645 raised stakes. 2.86 billion shares or 3.74% less from 2.98 billion shares in 2017Q4 were reported. 122,810 are held by Baillie Gifford. Cap Wealth Planning Ltd Limited Liability Company holds 19,895 shares. Blb&B Limited Company invested in 65,306 shares or 1.46% of the stock. Horrell accumulated 0.21% or 2,359 shares. Greenwich Wealth Management Lc reported 1.73% of its portfolio in Apple Inc. (NASDAQ:AAPL). Moreno Evelyn V reported 71,693 shares. Sol holds 1.72% or 35,681 shares in its portfolio. Howe Rusling Incorporated invested 3.21% in Apple Inc. (NASDAQ:AAPL). Hsbc Holding Pcl holds 2.84% or 11.38M shares. Sit Investment Associates Inc invested in 399,590 shares. Harvest Capital Mngmt holds 5,410 shares. Security Bank Of Sioux City Iowa Ia holds 1.98% or 12,544 shares. Edmp Incorporated holds 41,478 shares or 6.88% of its portfolio. Logan stated it has 385,569 shares or 4.55% of all its holdings. Northern Capital Mgmt Ltd Liability Company holds 2.37% or 54,812 shares.

Since January 5, 2018, it had 0 insider buys, and 12 insider sales for $51.10 million activity. AHRENDTS ANGELA J sold $6.75 million worth of stock or 38,228 shares. $6.51M worth of Apple Inc. (NASDAQ:AAPL) shares were sold by LEVINSON ARTHUR D. Another trade for 39,122 shares valued at $6.83M was made by Maestri Luca on Thursday, April 12. $2.90 million worth of Apple Inc. (NASDAQ:AAPL) shares were sold by WILLIAMS JEFFREY E. The insider SCHILLER PHILIP W sold 69,491 shares worth $11.56M. $2.81 million worth of Apple Inc. (NASDAQ:AAPL) was sold by Srouji Johny.

Analysts await Apple Inc. (NASDAQ:AAPL) to report earnings on August, 7. They expect $2.19 EPS, up 31.14% or $0.52 from last year’s $1.67 per share. AAPL’s profit will be $10.76 billion for 21.79 P/E if the $2.19 EPS becomes a reality. After $2.73 actual EPS reported by Apple Inc. for the previous quarter, Wall Street now forecasts -19.78% negative EPS growth.

Among 56 analysts covering Apple Inc. (NASDAQ:AAPL), 36 have Buy rating, 1 Sell and 19 Hold. Therefore 64% are positive. Apple Inc. had 421 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Wednesday, January 31 by Loop Capital. The company was maintained on Tuesday, April 4 by Pacific Crest. Citigroup maintained Apple Inc. (NASDAQ:AAPL) rating on Monday, June 12. Citigroup has “Buy” rating and $16000 target. The firm earned “Buy” rating on Monday, July 31 by Drexel Hamilton. The rating was maintained by RBC Capital Markets on Wednesday, July 27 with “Outperform”. Rosenblatt maintained Apple Inc. (NASDAQ:AAPL) on Sunday, August 16 with “Buy” rating. The rating was maintained by Canaccord Genuity with “Buy” on Thursday, July 6. The firm has “Buy” rating given on Friday, September 22 by Nomura. The stock has “Buy” rating by Canaccord Genuity on Monday, September 21. The stock has “Buy” rating by Nomura on Friday, September 11.

Among 22 analysts covering SL Green Realty Corp. (NYSE:SLG), 11 have Buy rating, 1 Sell and 10 Hold. Therefore 50% are positive. SL Green Realty Corp. had 90 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of SL Green Realty Corp. (NYSE:SLG) earned “Equal-Weight” rating by Barclays Capital on Tuesday, August 1. Credit Suisse upgraded SL Green Realty Corp. (NYSE:SLG) on Tuesday, April 12 to “Neutral” rating. Jefferies maintained the shares of SLG in report on Monday, December 4 with “Hold” rating. The company was maintained on Friday, October 27 by KeyBanc Capital Markets. Evercore maintained the shares of SLG in report on Tuesday, September 8 with “Hold” rating. The stock of SL Green Realty Corp. (NYSE:SLG) has “Neutral” rating given on Thursday, August 25 by BTIG Research. Barclays Capital maintained the shares of SLG in report on Tuesday, July 18 with “Equal-Weight” rating. The stock of SL Green Realty Corp. (NYSE:SLG) has “Buy” rating given on Thursday, July 13 by UBS. The firm earned “Hold” rating on Monday, September 25 by Jefferies. The firm has “Buy” rating by Evercore given on Monday, March 21.

Since January 29, 2018, it had 1 buying transaction, and 1 sale for $1.30 million activity. 15,000 shares were sold by LEVINE ANDREW S, worth $1.50M on Tuesday, May 8.

More news for SL Green Realty Corp. (NYSE:SLG) were recently published by: Seekingalpha.com, which released: “SL Green boosts stock buyback program by $500M” on June 14, 2018. Streetinsider.com‘s article titled: “Form 8-K SL GREEN REALTY CORP For: Jun 14” and published on June 14, 2018 is yet another important article.

Springbok Capital Management Llc, which manages about $1.29B and $1.38B US Long portfolio, upped its stake in Lam Research Corp (NASDAQ:LRCX) by 15,850 shares to 20,850 shares, valued at $4.24 million in 2018Q1, according to the filing. It also increased its holding in First Rep Bk San Francisco C (NYSE:FRC) by 6,450 shares in the quarter, for a total of 9,050 shares, and has risen its stake in Microsemi Corp (NASDAQ:MSCC).

Analysts await SL Green Realty Corp. (NYSE:SLG) to report earnings on July, 18. They expect $1.69 EPS, down 5.06% or $0.09 from last year’s $1.78 per share. SLG’s profit will be $157.40 million for 14.47 P/E if the $1.69 EPS becomes a reality. After $1.66 actual EPS reported by SL Green Realty Corp. for the previous quarter, Wall Street now forecasts 1.81% EPS growth.

Investors sentiment decreased to 0.83 in Q1 2018. Its down 0.12, from 0.95 in 2017Q4. It worsened, as 37 investors sold SLG shares while 118 reduced holdings. 30 funds opened positions while 98 raised stakes. 87.50 million shares or 1.53% less from 88.86 million shares in 2017Q4 were reported. Spirit Of America Management Corporation Ny, a New York-based fund reported 20,250 shares. Dnb Asset Mgmt As reported 13,368 shares. 196,283 are held by Macquarie Grp Incorporated Ltd. Liberty Mutual Asset Mgmt Inc has 0.01% invested in SL Green Realty Corp. (NYSE:SLG). Glenmede Tru Na stated it has 226 shares. Mitsubishi Ufj Tru has 207,088 shares for 0.04% of their portfolio. Meag Munich Ergo Kapitalanlagegesellschaft Mbh invested 0.34% of its portfolio in SL Green Realty Corp. (NYSE:SLG). Everence Capital Mgmt reported 2,780 shares. 4 are held by Washington Trust National Bank. Putnam Invests reported 8,510 shares stake. Pinebridge LP holds 1,840 shares. Bridgewater Associates LP owns 8,075 shares or 0.01% of their US portfolio. The Pennsylvania-based Sei Investments has invested 0.02% in SL Green Realty Corp. (NYSE:SLG). 3,897 are owned by Somerset Tru Co. Netherlands-based Robeco Institutional Asset Bv has invested 0.06% in SL Green Realty Corp. (NYSE:SLG).

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