33,600 Shares in Vornado Realty Trust (NYSE:VNO) Acquired by KLP Kapitalforvaltning AS

KLP Kapitalforvaltning AS bought a new position in shares of Vornado Realty Trust (NYSE:VNO - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 33,600 shares of the real estate investment trust's stock, valued at approximately $1,413,000.

Several other large investors also recently added to or reduced their stakes in the stock. FNY Investment Advisers LLC purchased a new position in shares of Vornado Realty Trust during the 4th quarter worth $4,015,000. JPMorgan Chase & Co. increased its holdings in shares of Vornado Realty Trust by 232.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,529,069 shares of the real estate investment trust's stock worth $139,045,000 after buying an additional 2,468,652 shares during the last quarter. Principal Financial Group Inc. raised its position in shares of Vornado Realty Trust by 428.3% during the 3rd quarter. Principal Financial Group Inc. now owns 2,820,958 shares of the real estate investment trust's stock valued at $111,146,000 after buying an additional 2,286,997 shares during the period. UMB Bank n.a. increased its stake in Vornado Realty Trust by 53.2% during the fourth quarter. UMB Bank n.a. now owns 772 shares of the real estate investment trust's stock worth $32,000 after acquiring an additional 268 shares during the last quarter. Finally, Oppenheimer & Co. Inc. purchased a new position in shares of Vornado Realty Trust during the 4th quarter worth $235,000. 90.02% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. Mizuho raised shares of Vornado Realty Trust from a "neutral" rating to an "outperform" rating and increased their target price for the stock from $38.00 to $48.00 in a research note on Tuesday, January 7th. Barclays boosted their target price on Vornado Realty Trust from $31.00 to $32.00 and gave the company an "underweight" rating in a research report on Friday, March 14th. Morgan Stanley raised their price target on Vornado Realty Trust from $26.00 to $28.00 and gave the stock an "equal weight" rating in a research report on Friday, March 14th. StockNews.com upgraded Vornado Realty Trust from a "sell" rating to a "hold" rating in a report on Thursday, February 13th. Finally, Compass Point increased their price target on shares of Vornado Realty Trust from $40.00 to $44.00 and gave the stock a "neutral" rating in a research report on Wednesday, February 12th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $38.55.

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Vornado Realty Trust Stock Up 2.0 %

Vornado Realty Trust stock traded up $0.76 during trading on Tuesday, reaching $37.75. The stock had a trading volume of 1,197,621 shares, compared to its average volume of 1,688,611. Vornado Realty Trust has a 52-week low of $22.42 and a 52-week high of $46.63. The business has a 50 day moving average price of $40.21 and a 200 day moving average price of $41.08. 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 stock has a market cap of $7.20 billion, a PE ratio of 943.70, a P/E/G ratio of 9.69 and a beta of 1.60.

Vornado Realty Trust (NYSE:VNO - Get Free Report) last issued its earnings results on Monday, February 10th. The real estate investment trust reported $0.61 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%. On average, analysts predict that Vornado Realty Trust will post 2.31 EPS for the current year.

Vornado Realty Trust Profile

Vornado Realty Trust is a fully - integrated equity real estate investment trust.