Green Alpha Advisors LLC Sells 27,215 Shares of Vornado Realty Trust (NYSE:VNO)

Green Alpha Advisors LLC lowered its stake in Vornado Realty Trust (NYSE:VNO - Free Report) by 44.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 33,543 shares of the real estate investment trust's stock after selling 27,215 shares during the quarter. Vornado Realty Trust makes up about 1.1% of Green Alpha Advisors LLC's holdings, making the stock its 27th biggest position. Green Alpha Advisors LLC's holdings in Vornado Realty Trust were worth $1,410,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VNO. Franklin Resources Inc. increased its holdings in Vornado Realty Trust by 5.6% in 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. JPMorgan Chase & Co. grew its stake in shares of Vornado Realty Trust by 232.8% during the third quarter. JPMorgan Chase & Co. now owns 3,529,069 shares of the real estate investment trust's stock valued at $139,045,000 after acquiring an additional 2,468,652 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Vornado Realty Trust by 1.3% during the third 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 in the last quarter. Principal Financial Group Inc. grew its stake in shares of Vornado Realty Trust by 428.3% during the third quarter. Principal Financial Group Inc. now owns 2,820,958 shares of the real estate investment trust's stock valued at $111,146,000 after acquiring an additional 2,286,997 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of Vornado Realty Trust by 5.6% during the third 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 acquiring an additional 149,017 shares in the last quarter. Hedge funds and other institutional investors own 90.02% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Mizuho raised shares of Vornado Realty Trust from a "neutral" rating to an "outperform" rating and increased their price target for the stock from $38.00 to $48.00 in a research report on Tuesday, January 7th. StockNews.com upgraded shares of Vornado Realty Trust to a "sell" rating in a research report on Tuesday, November 12th. Compass Point lifted their target price on shares of Vornado Realty Trust from $32.00 to $40.00 and gave the company a "neutral" rating in a research note on Wednesday, November 6th. Scotiabank lifted their target price on shares of Vornado Realty Trust from $33.00 to $38.00 and gave the stock a "sector perform" rating in a report on Friday, October 25th. Finally, Barclays upped their target price on shares of Vornado Realty Trust from $27.00 to $34.00 and gave the company an "underweight" rating in a research note on Monday, October 28th. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $37.61.

Vornado Realty Trust Trading Up 1.8 %

Shares of NYSE:VNO traded up $0.69 during trading on Monday, reaching $38.44. The stock had a trading volume of 1,214,219 shares, compared to its average volume of 1,289,302. The firm's fifty day moving average is $42.57 and its 200 day moving average is $37.25. The company has a debt-to-equity ratio of 1.93, a quick ratio of 4.97 and a current ratio of 4.97. Vornado Realty Trust has a 52 week low of $22.42 and a 52 week high of $46.63. The stock has a market cap of $7.33 billion, a price-to-earnings ratio of -132.55 and a beta of 1.62.

Vornado Realty Trust (NYSE:VNO - Get Free Report) last announced its earnings results on Monday, November 4th. The real estate investment trust reported ($0.10) EPS for the quarter, missing the consensus estimate of $0.51 by ($0.61). Vornado Realty Trust had a net margin of 0.46% and a return on equity of 1.72%. The firm had revenue of $443.26 million during the quarter, compared to analysts' expectations of $445.07 million. During the same quarter in the prior year, the company earned $0.66 EPS. The business's revenue for the quarter was down 1.7% on a year-over-year basis. As a group, equities analysts forecast that Vornado Realty Trust will post 2.16 EPS for the current fiscal year.

Vornado Realty Trust Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 16th were given a $0.74 dividend. This is a positive change from Vornado Realty Trust's previous quarterly dividend of $0.30. This represents a $2.96 dividend on an annualized basis and a dividend yield of 7.70%. The ex-dividend date was Monday, December 16th. Vornado Realty Trust's dividend payout ratio (DPR) is -255.17%.

Vornado Realty Trust Company Profile

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