Vornado Realty Trust (NYSE:VNO) Shares Acquired by Cbre Investment Management Listed Real Assets LLC

Cbre Investment Management Listed Real Assets LLC increased its holdings in Vornado Realty Trust (NYSE:VNO - Free Report) by 444.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 471,956 shares of the real estate investment trust's stock after buying an additional 385,333 shares during the quarter. Cbre Investment Management Listed Real Assets LLC owned about 0.25% of Vornado Realty Trust worth $19,841,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Quantbot Technologies LP increased its holdings in Vornado Realty Trust by 112.0% in the 3rd quarter. Quantbot Technologies LP now owns 130,258 shares of the real estate investment trust's stock worth $5,132,000 after buying an additional 68,813 shares during the period. FNY Investment Advisers LLC acquired a new position in Vornado Realty Trust in the 4th quarter worth approximately $4,015,000. JPMorgan Chase & Co. increased its holdings in Vornado Realty Trust by 232.8% in 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 period. Principal Financial Group Inc. grew its stake 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 worth $111,146,000 after purchasing an additional 2,286,997 shares during the period. Finally, UMB Bank n.a. grew its stake 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 worth $32,000 after purchasing an additional 268 shares during the period. Institutional investors and hedge funds own 90.02% of the company's stock.

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Vornado Realty Trust Price Performance

Shares of NYSE:VNO traded up $1.57 during midday trading on Friday, reaching $39.77. 1,312,502 shares of the company's stock traded hands, compared to its average volume of 1,295,668. Vornado Realty Trust has a 1 year low of $22.42 and a 1 year high of $46.63. The company has a market cap of $7.59 billion, a P/E ratio of 994.23, a PEG ratio of 9.69 and a beta of 1.60. The company has a debt-to-equity ratio of 1.98, a quick ratio of 4.59 and a current ratio of 4.59. The company has a fifty day simple moving average of $41.17 and a two-hundred day simple moving average of $40.57.

Vornado Realty Trust (NYSE:VNO - Get Free Report) last announced 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 return on equity of 1.60% and a net margin of 3.94%. Equities analysts predict that Vornado Realty Trust will post 2.31 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on VNO shares. Truist Financial raised their price objective on shares of Vornado Realty Trust from $31.00 to $40.00 and gave the stock a "hold" rating in a research note on Wednesday, December 4th. Mizuho raised shares of Vornado Realty Trust from a "neutral" rating to an "outperform" rating and raised their price objective for the stock from $38.00 to $48.00 in a research note on Tuesday, January 7th. The Goldman Sachs Group raised their price objective on shares of Vornado Realty Trust from $27.00 to $30.00 and gave the stock a "sell" rating in a research note on Tuesday, February 25th. Compass Point raised their price objective on shares of Vornado Realty Trust from $40.00 to $44.00 and gave the stock a "neutral" rating in a research note on Wednesday, February 12th. Finally, StockNews.com raised shares of Vornado Realty Trust from a "sell" rating to a "hold" rating in a research note on Thursday, February 13th. Two 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. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $38.55.

Vornado Realty Trust Profile

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