May Hill Capital LLC Invests $1.24 Million in Vornado Realty Trust (NYSE:VNO)

May Hill Capital LLC acquired a new stake in shares of Vornado Realty Trust (NYSE:VNO - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 29,412 shares of the real estate investment trust's stock, valued at approximately $1,236,000.

Other institutional investors have also recently added to or reduced their stakes in the company. ORG Wealth Partners LLC bought a new position in shares of Vornado Realty Trust during the 4th quarter valued at $32,000. UMB Bank n.a. raised its holdings 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 in the last quarter. Versant Capital Management Inc lifted its position in shares of Vornado Realty Trust by 1,014.0% in the fourth quarter. Versant Capital Management Inc now owns 958 shares of the real estate investment trust's stock worth $40,000 after buying an additional 872 shares during the last quarter. Quarry LP bought a new stake in shares of Vornado Realty Trust during the 3rd quarter worth about $54,000. Finally, Assetmark Inc. increased its holdings 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 acquiring an additional 286 shares during the last quarter. 90.02% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently weighed in on VNO shares. 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 report on Friday, March 14th. Compass Point upped their price objective on shares of Vornado Realty Trust from $40.00 to $44.00 and gave the stock a "neutral" rating in a report on Wednesday, February 12th. Mizuho upgraded shares of Vornado Realty Trust from a "neutral" rating to an "outperform" rating and lifted their target price for the stock from $38.00 to $48.00 in a report on Tuesday, January 7th. The Goldman Sachs Group upped 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. Finally, StockNews.com raised Vornado Realty Trust from a "sell" rating to a "hold" rating in a research report on Thursday, February 13th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average target price of $38.55.

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Vornado Realty Trust Stock Performance

Shares of VNO stock traded down $4.26 during mid-day trading on Thursday, reaching $33.87. The stock had a trading volume of 2,605,092 shares, compared to its average volume of 1,691,195. The firm has a market cap of $6.46 billion, a PE ratio of 846.63, a P/E/G ratio of 9.69 and a beta of 1.60. 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 one year low of $22.42 and a one year high of $46.63. The firm's 50 day simple moving average is $39.89 and its 200 day simple moving average is $41.02.

Vornado Realty Trust (NYSE:VNO - Get Free Report) last issued its 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%. On average, analysts forecast that Vornado Realty Trust will post 2.31 EPS for the current year.

Vornado Realty Trust Company Profile

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