Commonwealth of Pennsylvania Public School Empls Retrmt SYS Boosts Stock Holdings in Vornado Realty Trust (NYSE:VNO)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in shares of Vornado Realty Trust (NYSE:VNO - Free Report) by 39.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 93,731 shares of the real estate investment trust's stock after buying an additional 26,548 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS's holdings in Vornado Realty Trust were worth $3,940,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Franklin Resources Inc. increased its holdings in shares of Vornado Realty Trust by 5.6% during the 3rd quarter. Franklin Resources Inc. now owns 11,107,586 shares of the real estate investment trust's stock valued at $444,859,000 after purchasing an additional 592,412 shares in the last quarter. Principal Financial Group Inc. raised its position in shares of Vornado Realty Trust by 126.8% in the fourth quarter. Principal Financial Group Inc. now owns 6,396,551 shares of the real estate investment trust's stock worth $268,912,000 after acquiring an additional 3,575,593 shares during the period. JPMorgan Chase & Co. boosted its stake 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 acquiring an additional 2,468,652 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Vornado Realty Trust by 1.3% during the 3rd quarter. Geode Capital Management LLC now owns 3,106,295 shares of the real estate investment trust's stock valued at $122,417,000 after acquiring an additional 39,147 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of Vornado Realty Trust by 5.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,801,260 shares of the real estate investment trust's stock valued at $110,370,000 after purchasing an additional 149,017 shares in the last quarter. 90.02% of the stock is owned by institutional investors and hedge funds.

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Analysts Set New Price Targets

A number of research analysts have recently issued reports on VNO shares. Truist Financial increased their target price on Vornado Realty Trust from $31.00 to $40.00 and gave the company a "hold" rating in a research report on Wednesday, December 4th. Morgan Stanley lifted their target price on shares of Vornado Realty Trust from $26.00 to $28.00 and gave the company an "equal weight" rating in a research report on Friday, March 14th. Compass Point boosted their target price 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. Barclays raised their price target on shares of Vornado Realty Trust from $31.00 to $32.00 and gave the company an "underweight" rating in a research note on Friday, March 14th. Finally, The Goldman Sachs Group boosted their price objective on Vornado Realty Trust from $27.00 to $30.00 and gave the stock a "sell" rating in a research note on Tuesday, February 25th. Two investment 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. According to data from MarketBeat.com, Vornado Realty Trust presently has an average rating of "Hold" and a consensus target price of $38.55.

Vornado Realty Trust Trading Down 2.6 %

Shares of VNO stock traded down $1.00 during trading hours on Thursday, hitting $37.70. The company had a trading volume of 1,043,237 shares, compared to its average volume of 1,625,350. The company has a debt-to-equity ratio of 1.98, a current ratio of 4.59 and a quick ratio of 4.59. The stock has a market capitalization of $7.19 billion, a PE ratio of 942.43, a price-to-earnings-growth ratio of 9.69 and a beta of 1.60. The company's fifty day moving average is $40.49 and its 200 day moving average is $40.99. Vornado Realty Trust has a fifty-two week low of $22.42 and a fifty-two week high of $46.63.

Vornado Realty Trust (NYSE:VNO - Get Free Report) last released its quarterly earnings results 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 return on equity of 1.60% and a net margin of 3.94%. Research analysts expect that Vornado Realty Trust will post 2.31 earnings per share for the current fiscal year.

Vornado Realty Trust Profile

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