Geode Capital Management LLC Raises Stock Position in Vornado Realty Trust (NYSE:VNO)

Geode Capital Management LLC boosted its stake in Vornado Realty Trust (NYSE:VNO - Free Report) by 0.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,131,504 shares of the real estate investment trust's stock after buying an additional 25,209 shares during the period. Geode Capital Management LLC owned 1.64% of Vornado Realty Trust worth $131,686,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. ORG Wealth Partners LLC bought a new stake in shares of Vornado Realty Trust during the fourth quarter valued at approximately $32,000. UMB Bank n.a. lifted its position 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 valued at $32,000 after buying an additional 268 shares during the period. Versant Capital Management Inc boosted its holdings in shares of Vornado Realty Trust by 1,014.0% during the 4th quarter. Versant Capital Management Inc now owns 958 shares of the real estate investment trust's stock valued at $40,000 after buying an additional 872 shares in the last quarter. Quarry LP purchased a new stake in shares of Vornado Realty Trust in the 3rd quarter worth about $54,000. Finally, Assetmark Inc. increased its stake in shares of Vornado Realty Trust by 23.8% in the 4th quarter. Assetmark Inc. now owns 1,488 shares of the real estate investment trust's stock worth $63,000 after acquiring an additional 286 shares in the last quarter. 90.02% of the stock is owned by institutional investors.

Vornado Realty Trust Trading Up 1.8 %

NYSE VNO traded up $0.59 on Monday, hitting $33.82. 62,069 shares of the stock were exchanged, compared to its average volume of 1,672,891. 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 $6.46 billion, a P/E ratio of 845.60, a P/E/G ratio of 9.69 and a beta of 1.49. 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 stock has a fifty day moving average price of $38.45 and a two-hundred day moving average price of $40.73.

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, topping analysts' consensus estimates of ($0.05) by $0.66. Vornado Realty Trust had a net margin of 3.94% and a return on equity of 1.60%. Research analysts forecast that Vornado Realty Trust will post 2.31 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have weighed in on VNO. Compass Point boosted their target price on shares of Vornado Realty Trust from $40.00 to $44.00 and gave the company a "neutral" rating in a research note on Wednesday, February 12th. Barclays boosted their price objective on shares of Vornado Realty Trust from $31.00 to $32.00 and gave the company an "underweight" rating in a research report on Friday, March 14th. StockNews.com upgraded Vornado Realty Trust from a "sell" rating to a "hold" rating in a research report on Thursday, February 13th. Mizuho raised shares of Vornado Realty Trust from a "neutral" rating to an "outperform" rating and boosted their target price for the stock from $38.00 to $48.00 in a report on Tuesday, January 7th. Finally, Morgan Stanley raised 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 note on Friday, March 14th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $38.00.

About Vornado Realty Trust

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