Commonwealth Equity Services LLC Has $12.81 Million Position in Vornado Realty Trust (NYSE:VNO)

Commonwealth Equity Services LLC reduced its position in shares of Vornado Realty Trust (NYSE:VNO - Free Report) by 10.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 304,605 shares of the real estate investment trust's stock after selling 34,593 shares during the period. Commonwealth Equity Services LLC owned 0.16% of Vornado Realty Trust worth $12,806,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Assetmark Inc. raised its position 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. Victory Capital Management Inc. raised its holdings in Vornado Realty Trust by 18.6% in the 3rd quarter. Victory Capital Management Inc. now owns 63,580 shares of the real estate investment trust's stock valued at $2,505,000 after acquiring an additional 9,968 shares in the last quarter. CIBC Asset Management Inc bought a new stake in shares of Vornado Realty Trust in the 3rd quarter worth approximately $222,000. Empowered Funds LLC acquired a new stake in shares of Vornado Realty Trust during the 3rd quarter worth approximately $215,000. Finally, Natixis Advisors LLC grew its holdings in shares of Vornado Realty Trust by 6.7% during the 3rd quarter. Natixis Advisors LLC now owns 18,682 shares of the real estate investment trust's stock worth $736,000 after purchasing an additional 1,180 shares in the last quarter. 90.02% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have issued reports on VNO shares. The Goldman Sachs Group boosted their price target on shares of Vornado Realty Trust from $27.00 to $30.00 and gave the company a "sell" rating in a report on Tuesday, February 25th. Mizuho raised shares of Vornado Realty Trust from a "neutral" rating to an "outperform" rating and upped their target price for the company from $38.00 to $48.00 in a research note on Tuesday, January 7th. Barclays increased their price target on shares of Vornado Realty Trust from $31.00 to $32.00 and gave the stock an "underweight" rating in a research report on Friday, March 14th. Truist Financial lifted their price objective on Vornado Realty Trust from $31.00 to $40.00 and gave the company a "hold" rating in a report on Wednesday, December 4th. Finally, StockNews.com raised Vornado Realty Trust from a "sell" rating to a "hold" rating in a report on Thursday, February 13th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $38.55.

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Vornado Realty Trust Price Performance

Shares of NYSE:VNO traded down $0.37 during trading on Friday, reaching $38.26. 2,654,051 shares of the company traded hands, compared to its average volume of 1,636,608. The company has a quick ratio of 4.59, a current ratio of 4.59 and a debt-to-equity ratio of 1.98. Vornado Realty Trust has a 52 week low of $22.42 and a 52 week high of $46.63. The firm has a market capitalization of $7.30 billion, a PE ratio of 956.40, a PEG ratio of 9.69 and a beta of 1.60. The company's 50 day moving average is $40.48 and its two-hundred day moving average is $40.81.

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 EPS for the quarter, beating 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%. As a group, sell-side analysts predict that Vornado Realty Trust will post 2.31 earnings per share for the current year.

Vornado Realty Trust Company Profile

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