Centersquare Investment Management LLC raised its stake in shares of Vornado Realty Trust (NYSE:VNO - Free Report) by 41.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,963,180 shares of the real estate investment trust's stock after purchasing an additional 576,122 shares during the quarter. Centersquare Investment Management LLC owned 1.03% of Vornado Realty Trust worth $82,532,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors have also bought and sold shares of VNO. ORG Wealth Partners LLC bought a new stake in shares of Vornado Realty Trust during the 4th quarter worth $32,000. UMB Bank n.a. lifted 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 purchasing an additional 268 shares during the last quarter. Versant Capital Management Inc lifted its stake in 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 purchasing an additional 872 shares during the last quarter. Quarry LP purchased a new position in shares of Vornado Realty Trust in the 3rd quarter worth about $54,000. Finally, Assetmark Inc. increased its position in shares of Vornado Realty Trust by 23.8% during the 4th quarter. Assetmark Inc. now owns 1,488 shares of the real estate investment trust's stock valued at $63,000 after purchasing an additional 286 shares during the last quarter. Hedge funds and other institutional investors own 90.02% of the company's stock.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on VNO. Morgan Stanley boosted their target price 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. Mizuho raised Vornado Realty Trust from a "neutral" rating to an "outperform" rating and raised their price objective for the company from $38.00 to $48.00 in a research note on Tuesday, January 7th. StockNews.com upgraded Vornado Realty Trust from a "sell" rating to a "hold" rating in a report on Thursday, February 13th. Compass Point lifted their price target on 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, Barclays increased their price objective on Vornado Realty Trust from $31.00 to $32.00 and gave the company an "underweight" rating in a research note on Friday, March 14th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $38.55.
Get Our Latest Stock Report on Vornado Realty Trust
Vornado Realty Trust Trading Down 2.8 %
NYSE VNO traded down $0.96 during trading on Friday, hitting $32.96. The company had a trading volume of 3,228,931 shares, compared to its average volume of 1,691,357. The company's fifty day moving average is $39.71 and its 200-day moving average is $41.03. The company has a market cap of $6.29 billion, a price-to-earnings ratio of 823.98, a price-to-earnings-growth ratio of 9.69 and a beta of 1.49. The company has a current ratio of 4.59, a quick ratio of 4.59 and a debt-to-equity ratio of 1.98. Vornado Realty Trust has a one year low of $22.42 and a one year high of $46.63.
Vornado Realty Trust (NYSE:VNO - Get Free Report) last issued its quarterly earnings data on Monday, February 10th. The real estate investment trust reported $0.61 EPS for the quarter, topping the consensus estimate 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, sell-side analysts predict that Vornado Realty Trust will post 2.31 earnings per share for the current year.
Vornado Realty Trust Profile
(
Free Report)
Vornado Realty Trust is a fully - integrated equity real estate investment trust.
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