Advisors Preferred LLC grew its position in shares of Vornado Realty Trust (NYSE:VNO - Free Report) by 58.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 81,927 shares of the real estate investment trust's stock after buying an additional 30,171 shares during the quarter. Advisors Preferred LLC's holdings in Vornado Realty Trust were worth $3,492,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also recently modified their holdings of the company. UMB Bank n.a. grew its position in shares of 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 acquiring an additional 268 shares during the period. Thrivent Financial for Lutherans lifted its position in Vornado Realty Trust by 0.7% during the third quarter. Thrivent Financial for Lutherans now owns 38,933 shares of the real estate investment trust's stock valued at $1,534,000 after purchasing an additional 272 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Vornado Realty Trust by 0.4% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 69,315 shares of the real estate investment trust's stock valued at $2,731,000 after purchasing an additional 299 shares during the period. US Bancorp DE increased its position in Vornado Realty Trust by 1.8% in the third quarter. US Bancorp DE now owns 17,529 shares of the real estate investment trust's stock worth $691,000 after buying an additional 311 shares in the last quarter. Finally, Vert Asset Management LLC raised its stake in shares of Vornado Realty Trust by 0.5% in the third quarter. Vert Asset Management LLC now owns 68,282 shares of the real estate investment trust's stock worth $2,690,000 after buying an additional 324 shares during the period. 90.02% of the stock is currently owned by hedge funds and other institutional investors.
Vornado Realty Trust Trading Down 1.3 %
Shares of Vornado Realty Trust stock traded down $0.54 on Wednesday, reaching $42.15. The company had a trading volume of 1,657,800 shares, compared to its average volume of 1,199,679. The firm has a market cap of $8.04 billion, a price-to-earnings ratio of -145.34 and a beta of 1.62. The company has a debt-to-equity ratio of 1.93, a current ratio of 4.97 and a quick ratio of 4.97. The firm's 50-day moving average price is $42.13 and its two-hundred day moving average price is $39.46. Vornado Realty Trust has a 1 year low of $22.42 and a 1 year high of $46.63.
Vornado Realty Trust (NYSE:VNO - Get Free Report) last posted its quarterly earnings data on Monday, February 10th. The real estate investment trust reported $0.61 earnings per share for the quarter, beating analysts' consensus estimates of ($0.05) by $0.66. Vornado Realty Trust had a net margin of 0.46% and a return on equity of 1.72%. As a group, research analysts predict that Vornado Realty Trust will post 2.16 earnings per share for the current fiscal year.
Vornado Realty Trust Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 16th were paid a $0.74 dividend. The ex-dividend date was Monday, December 16th. This represents a $2.96 annualized dividend and a yield of 7.02%. This is an increase from Vornado Realty Trust's previous quarterly dividend of $0.30. Vornado Realty Trust's dividend payout ratio (DPR) is presently -255.17%.
Analyst Upgrades and Downgrades
A number of brokerages recently issued reports on VNO. Compass Point boosted their price objective on Vornado Realty Trust from $40.00 to $44.00 and gave the company a "neutral" rating in a research note on Wednesday. StockNews.com raised shares of Vornado Realty Trust to a "sell" rating in a research note on Tuesday, November 12th. Barclays lifted their target price on shares of Vornado Realty Trust from $27.00 to $34.00 and gave the company an "underweight" rating in a research note on Monday, October 28th. Scotiabank upped their target price on shares of Vornado Realty Trust from $33.00 to $38.00 and gave the stock a "sector perform" rating in a report on Friday, October 25th. Finally, Evercore ISI raised their price target on Vornado Realty Trust from $40.00 to $45.00 and gave the company an "outperform" rating in a report on Wednesday, November 6th. Three analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, Vornado Realty Trust has a consensus rating of "Hold" and an average target price of $37.98.
Check Out Our Latest Report on VNO
Vornado Realty Trust Profile
(
Free Report)
Vornado Realty Trust is a fully - integrated equity real estate investment trust.
Featured Stories

Before you consider Vornado Realty Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Vornado Realty Trust wasn't on the list.
While Vornado Realty Trust currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.