SL Green Realty Corp. (SLG) Reaches $99.11 After 6.00% Down Move; Centerpoint Energy (CNP) Sellers Increased By 17.04% Their Shorts

December 20, 2017 - By Nellie Frank

The stock of SL Green Realty Corp. (NYSE:SLG) is a huge mover today! The stock decreased 2.47% or $2.51 during the last trading session, reaching $99.11. About 926,294 shares traded. SL Green Realty Corp. (NYSE:SLG) has risen 3.99% since December 20, 2016 and is uptrending. It has underperformed by 12.71% the S&P500.The move comes after 7 months negative chart setup for the $9.89B company. It was reported on Dec, 20 by Barchart.com. We have $93.16 PT which if reached, will make NYSE:SLG worth $593.28 million less.

Centerpoint Energy Incorporated (NYSE:CNP) had an increase of 17.04% in short interest. CNP’s SI was 7.65 million shares in December as released by FINRA. Its up 17.04% from 6.53 million shares previously. With 2.33M avg volume, 3 days are for Centerpoint Energy Incorporated (NYSE:CNP)’s short sellers to cover CNP’s short positions. The SI to Centerpoint Energy Incorporated’s float is 1.78%. The stock increased 0.04% or $0.01 during the last trading session, reaching $28.02. About 2.21 million shares traded. CenterPoint Energy, Inc. (NYSE:CNP) has risen 25.54% since December 20, 2016 and is uptrending. It has outperformed by 8.84% the S&P500.

Investors sentiment increased to 1.12 in Q2 2017. Its up 0.04, from 1.08 in 2017Q1. It is positive, as 37 investors sold CenterPoint Energy, Inc. shares while 160 reduced holdings. 58 funds opened positions while 155 raised stakes. 324.57 million shares or 1.35% less from 329.00 million shares in 2017Q1 were reported. Sandler Cap Management accumulated 229,360 shares or 0.68% of the stock. Nomura Asset Mngmt Ltd stated it has 0.02% of its portfolio in CenterPoint Energy, Inc. (NYSE:CNP). Art Limited Liability Corporation stated it has 107,800 shares. State Of Wisconsin Board reported 334,391 shares. Ajo Limited Partnership owns 2.54 million shares. The Illinois-based First Midwest Commercial Bank Tru Division has invested 0.4% in CenterPoint Energy, Inc. (NYSE:CNP). Tiedemann Wealth Management Lc reported 12,775 shares. Commonwealth Of Pennsylvania School Empls Retrmt Sys holds 0.01% or 32,018 shares. Bp Public Lc stated it has 0.05% of its portfolio in CenterPoint Energy, Inc. (NYSE:CNP). First Personal Financial Svcs holds 10 shares or 0% of its portfolio. Deprince Race Zollo invested in 0.49% or 875,250 shares. 100 were accumulated by Hanson Mcclain. Cadence Commercial Bank Na invested in 0.23% or 18,171 shares. Reilly Limited Liability Company accumulated 3,341 shares or 0.01% of the stock. Parallax Volatility Advisers Limited Partnership reported 0% stake.

Among 14 analysts covering CenterPoint (NYSE:CNP), 1 have Buy rating, 0 Sell and 13 Hold. Therefore 7% are positive. CenterPoint had 29 analyst reports since August 11, 2015 according to SRatingsIntel. The stock of CenterPoint Energy, Inc. (NYSE:CNP) earned “Sector Perform” rating by RBC Capital Markets on Thursday, March 16. The stock has “Hold” rating by SunTrust on Monday, October 30. The stock of CenterPoint Energy, Inc. (NYSE:CNP) earned “Neutral” rating by Credit Suisse on Monday, August 14. J.P. Morgan downgraded it to “Hold” rating and $2900 target in Thursday, June 29 report. The company was maintained on Friday, November 6 by Macquarie Research. The stock has “Neutral” rating by JP Morgan on Thursday, October 12. As per Sunday, September 10, the company rating was maintained by RBC Capital Markets. The firm has “Buy” rating by Argus Research given on Tuesday, January 12. Deutsche Bank maintained CenterPoint Energy, Inc. (NYSE:CNP) on Friday, November 6 with “Hold” rating. As per Thursday, March 24, the company rating was maintained by Argus Research.

CenterPoint Energy, Inc. operates as a public utility holding firm in the United States. The company has market cap of $12.08 billion. The companyÂ’s Electric Transmission & Distribution segment offers electric transmission and distribution services to retail electric providers, municipalities, electric cooperatives, and other distribution companies. It has a 20.3 P/E ratio. As of December 31, 2016, this segment owned 28,702 pole miles of overhead distribution lines and 3,692 circuit miles of overhead transmission lines; 23,937 circuit miles of underground distribution lines and 26 circuit miles of underground transmission lines; and 232 substations with a capacity of 60,854 megavolt amperes.

Since September 1, 2017, it had 0 insider buys, and 2 selling transactions for $58,690 activity. The insider Prochazka Scott M sold 1,000 shares worth $29,080.

SL Green Realty Corp. is a real estate investment trust . The company has market cap of $9.89 billion. The firm engages in the property management, acquisitions, financing, development, construction, and leasing. It has a 96.69 P/E ratio. It also provides tenant services to its clients.

Investors sentiment decreased to 0.84 in Q2 2017. Its down 0.19, from 1.03 in 2017Q1. It fall, as 37 investors sold SL Green Realty Corp. shares while 106 reduced holdings. 37 funds opened positions while 110 raised stakes. 100.44 million shares or 2.17% less from 102.67 million shares in 2017Q1 were reported. Lpl Fincl Limited Com invested in 3,456 shares. Quantitative Systematic Strategies Lc invested in 0.09% or 3,429 shares. 1,636 are owned by Lenox Wealth Advsr. Wetherby Asset Mgmt invested in 2,024 shares or 0.04% of the stock. Virtus Inv Advisers Incorporated reported 0.03% of its portfolio in SL Green Realty Corp. (NYSE:SLG). Schwab Charles Investment Mngmt has 0.1% invested in SL Green Realty Corp. (NYSE:SLG) for 994,678 shares. Lord Abbett Ltd Limited Liability Company reported 287,600 shares. Pennsylvania-based Vanguard Grp has invested 0.09% in SL Green Realty Corp. (NYSE:SLG). The Washington-based Washington Bank & Trust has invested 0% in SL Green Realty Corp. (NYSE:SLG). 1832 Asset Management Lp owns 314,700 shares or 0.15% of their US portfolio. Lasalle Investment Mngmt Ltd Liability Co invested 3.15% in SL Green Realty Corp. (NYSE:SLG). Dimensional Fund Advsrs Lp holds 1.43 million shares. Neuberger Berman Grp Ltd Liability Corporation, a New York-based fund reported 135,069 shares. Westpac holds 0% or 115,009 shares in its portfolio. Balyasny Asset Mngmt Lc owns 120,783 shares or 0.05% of their US portfolio.

Since December 12, 2017, it had 0 insider buys, and 1 sale for $619,380 activity. $619,380 worth of SL Green Realty Corp. (NYSE:SLG) shares were sold by LEVY JOHN S.

Among 21 analysts covering SL Green Realty Corp. (NYSE:SLG), 10 have Buy rating, 0 Sell and 11 Hold. Therefore 48% are positive. SL Green Realty Corp. has $140 highest and $95 lowest target. $117.24’s average target is 18.29% above currents $99.11 stock price. SL Green Realty Corp. had 74 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus with “Hold” on Monday, September 18. The firm earned “Neutral” rating on Wednesday, August 16 by Bank of America. Robert W. Baird maintained it with “Outperform” rating and $121 target in Monday, October 23 report. The rating was upgraded by Suntrust Robinson to “Buy” on Friday, January 22. The stock of SL Green Realty Corp. (NYSE:SLG) earned “Hold” rating by Jefferies on Tuesday, September 5. The stock of SL Green Realty Corp. (NYSE:SLG) has “Neutral” rating given on Wednesday, August 12 by SunTrust. The firm earned “Buy” rating on Tuesday, August 23 by Jefferies. The rating was downgraded by Stifel Nicolaus to “Hold” on Monday, October 24. The stock has “Hold” rating by Evercore on Monday, August 15. On Wednesday, July 26 the stock rating was maintained by Citigroup with “Buy”.

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