Edgestream Partners L.P. purchased a new position in Vornado Realty Trust (NYSE:VNO - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 100,661 shares of the real estate investment trust's stock, valued at approximately $4,232,000. Edgestream Partners L.P. owned 0.05% of Vornado Realty Trust at the end of the most recent reporting period.
Other large investors also recently added to or reduced their stakes in the company. ORG Wealth Partners LLC purchased a new position in Vornado Realty Trust in the fourth quarter valued at about $32,000. UMB Bank n.a. increased its stake in Vornado Realty Trust by 53.2% during the 4th quarter. UMB Bank n.a. now owns 772 shares of the real estate investment trust's stock valued at $32,000 after purchasing an additional 268 shares in the last quarter. Versant Capital Management Inc lifted its stake in shares of Vornado Realty Trust by 1,014.0% during the fourth quarter. Versant Capital Management Inc now owns 958 shares of the real estate investment trust's stock worth $40,000 after buying an additional 872 shares during the period. Assetmark Inc. grew its holdings in shares of Vornado Realty Trust by 122.2% during the third quarter. Assetmark Inc. now owns 1,202 shares of the real estate investment trust's stock valued at $47,000 after buying an additional 661 shares during the last quarter. Finally, Quarry LP purchased a new position in Vornado Realty Trust in the 3rd quarter worth $54,000. 90.02% of the stock is owned by hedge funds and other institutional investors.
Vornado Realty Trust Stock Up 2.7 %
VNO stock traded up $0.99 during trading on Wednesday, hitting $37.39. 1,082,515 shares of the company's stock traded hands, compared to its average volume of 1,309,730. The firm has a market capitalization of $7.14 billion, a P/E ratio of 934.78, a PEG ratio of 9.69 and a beta of 1.60. Vornado Realty Trust has a 1 year low of $22.42 and a 1 year high of $46.63. The company has a quick ratio of 4.59, a current ratio of 4.59 and a debt-to-equity ratio of 1.98. The business has a fifty day simple moving average of $41.00 and a two-hundred day simple moving average of $40.71.
Vornado Realty Trust (NYSE:VNO - Get Free Report) last released its earnings results on Monday, February 10th. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.05) by $0.66. Vornado Realty Trust had a net margin of 3.94% and a return on equity of 1.60%. Sell-side analysts anticipate that Vornado Realty Trust will post 2.31 EPS for the current year.
Analyst Ratings Changes
Several research firms recently issued reports on VNO. Compass Point lifted their price objective on Vornado Realty Trust from $40.00 to $44.00 and gave the stock a "neutral" rating in a report on Wednesday, February 12th. Truist Financial increased their price target on shares of Vornado Realty Trust from $31.00 to $40.00 and gave the stock a "hold" rating in a report on Wednesday, December 4th. Mizuho upgraded Vornado Realty Trust from a "neutral" rating to an "outperform" rating and boosted their target price for the stock from $38.00 to $48.00 in a research report on Tuesday, January 7th. StockNews.com raised Vornado Realty Trust from a "sell" rating to a "hold" rating in a research report on Thursday, February 13th. Finally, The Goldman Sachs Group increased their price target on Vornado Realty Trust from $27.00 to $30.00 and gave the stock a "sell" rating in a research note on Tuesday, February 25th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $38.55.
Check Out Our Latest Stock Report on Vornado Realty Trust
About Vornado Realty Trust
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Free Report)
Vornado Realty Trust is a fully - integrated equity real estate investment trust.
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