Long Pond Capital LP Lowered Its Stake in Sl Green Rlty (SLG) as Stock Price Declined; Next Century Growth Investors Holds Position in Kingstone Cos (KINS)

April 23, 2018 - By David Stenberg

SL Green Realty Corp. (NYSE:SLG) Logo

Next Century Growth Investors Llc increased its stake in Kingstone Cos Inc (KINS) by 46.95% based on its latest 2017Q4 regulatory filing with the SEC. Next Century Growth Investors Llc bought 93,385 shares as the company’s stock declined 14.18% with the market. The institutional investor held 292,309 shares of the finance company at the end of 2017Q4, valued at $5.50 million, up from 198,924 at the end of the previous reported quarter. Next Century Growth Investors Llc who had been investing in Kingstone Cos Inc for a number of months, seems to be bullish on the $187.51 million market cap company. The stock increased 1.74% or $0.3 during the last trading session, reaching $17.55. About 25,022 shares traded. Kingstone Companies, Inc. (NASDAQ:KINS) has risen 8.47% since April 23, 2017 and is uptrending. It has underperformed by 3.08% the S&P500.

John Khoury decreased its stake in Sl Green Rlty Corp (SLG) by 4.18% based on its latest 2017Q4 regulatory filing with the SEC. Long Pond Capital Lp sold 114,488 shares as the company’s stock declined 5.08% with the market. The hedge fund run by John Khoury held 2.63M shares of the real estate investment trusts company at the end of 2017Q4, valued at $265.00M, down from 2.74 million at the end of the previous reported quarter. Long Pond Capital Lp who had been investing in Sl Green Rlty Corp for a number of months, seems to be less bullish one the $9.10B market cap company. The stock decreased 1.08% or $1.05 during the last trading session, reaching $96. About 842,026 shares traded. SL Green Realty Corp. (NYSE:SLG) has declined 10.01% since April 23, 2017 and is downtrending. It has underperformed by 21.56% the S&P500.

Since March 19, 2018, it had 6 buys, and 0 selling transactions for $624,200 activity. Another trade for 2,000 shares valued at $33,790 was made by Yankus William L on Wednesday, March 21. Another trade for 4,000 shares valued at $61,113 was made by GOLDSTEIN BARRY on Tuesday, March 20. 4,400 Kingstone Companies, Inc. (NASDAQ:KINS) shares with value of $67,892 were bought by D’Andre Carla. THATCHER DALE A also bought $375,000 worth of Kingstone Companies, Inc. (NASDAQ:KINS) on Tuesday, March 20.

Among 2 analysts covering Kingstone (NASDAQ:KINS), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Kingstone had 4 analyst reports since April 11, 2017 according to SRatingsIntel. The stock has “Outperform” rating by Boenning & Scattergood on Tuesday, April 11. The firm has “Buy” rating given on Friday, July 14 by Boenning & Scattergood. The company was maintained on Wednesday, January 10 by Sandler O’Neill. The stock has “Buy” rating by Sandler O’Neill on Thursday, March 15.

Next Century Growth Investors Llc, which manages about $3.86 billion and $804.95M US Long portfolio, decreased its stake in Equinix Inc (NASDAQ:EQIX) by 1,931 shares to 1,606 shares, valued at $727,000 in 2017Q4, according to the filing. It also reduced its holding in Adobe Systems Inc (NASDAQ:ADBE) by 20,618 shares in the quarter, leaving it with 9,024 shares, and cut its stake in Intuit (NASDAQ:INTU).

Investors sentiment increased to 2.11 in 2017 Q4. Its up 0.81, from 1.3 in 2017Q3. It improved, as 3 investors sold KINS shares while 16 reduced holdings. 20 funds opened positions while 20 raised stakes. 5.37 million shares or 4.14% more from 5.16 million shares in 2017Q3 were reported. Deutsche Comml Bank Ag stated it has 0% of its portfolio in Kingstone Companies, Inc. (NASDAQ:KINS). California State Teachers Retirement holds 0% of its portfolio in Kingstone Companies, Inc. (NASDAQ:KINS) for 14,310 shares. Moreover, Stratos Wealth Ltd has 0% invested in Kingstone Companies, Inc. (NASDAQ:KINS) for 80 shares. Millennium Limited Liability holds 10,538 shares. State Street Corporation invested in 115,788 shares or 0% of the stock. 240,500 were accumulated by Banc Funds Limited Liability. Comml Bank Of Montreal Can reported 0% stake. Wells Fargo Com Mn invested in 0% or 73,046 shares. Renaissance Techs Lc reported 0% in Kingstone Companies, Inc. (NASDAQ:KINS). Cornercap Inv Counsel Inc accumulated 45,715 shares or 0.12% of the stock. Salzhauer Michael stated it has 56,904 shares. Tiaa Cref Inv Mgmt Limited Company owns 0% invested in Kingstone Companies, Inc. (NASDAQ:KINS) for 25,682 shares. Amer Gru Inc invested in 6,111 shares. Tcw Grp Inc Incorporated owns 251,982 shares. Perritt Management holds 30,000 shares.

Investors sentiment increased to 0.95 in Q4 2017. Its up 0.11, from 0.84 in 2017Q3. It is positive, as 22 investors sold SLG shares while 124 reduced holdings. 52 funds opened positions while 86 raised stakes. 88.86 million shares or 9.56% less from 98.25 million shares in 2017Q3 were reported. 33,605 were accumulated by . Everence Capital Mgmt Inc has 2,780 shares. State Treasurer State Of Michigan holds 0.02% or 28,808 shares. Voya Mngmt Ltd Limited Liability Company has 50,395 shares. Moreover, Fca Tx has 0.11% invested in SL Green Realty Corp. (NYSE:SLG) for 2,720 shares. Fifth Third Fincl Bank reported 46 shares stake. California State Teachers Retirement System has invested 0.04% of its portfolio in SL Green Realty Corp. (NYSE:SLG). Plante Moran Advsr Lc stated it has 0% in SL Green Realty Corp. (NYSE:SLG). Heitman Real Estate Ltd Liability reported 110,139 shares stake. Wolverine Asset Mngmt Ltd holds 0.03% or 28,307 shares in its portfolio. Sumitomo Mitsui Asset Mgmt accumulated 0.02% or 10,210 shares. Barclays Public Limited Company holds 224,147 shares or 0.02% of its portfolio. Secor Advisors LP has invested 0.28% in SL Green Realty Corp. (NYSE:SLG). Ontario Teachers Pension Plan Board reported 0.07% of its portfolio in SL Green Realty Corp. (NYSE:SLG). Pictet Asset Ltd has invested 0.01% in SL Green Realty Corp. (NYSE:SLG).

Long Pond Capital Lp, which manages about $1.63B and $3.43B US Long portfolio, upped its stake in Vornado Rlty Tr (NYSE:VNO) by 482,190 shares to 1.32M shares, valued at $103.15 million in 2017Q4, according to the filing. It also increased its holding in Vereit Inc by 14.92 million shares in the quarter, for a total of 17.69M shares, and has risen its stake in Paramount Group Inc.

SL Green Realty Corp. (NYSE:SLG) Institutional Positions Chart

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By1 David Stenberg

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