Nomura Asset Management Co. Ltd. Raises Position in Vornado Realty Trust (NYSE:VNO)

Nomura Asset Management Co. Ltd. boosted its stake in shares of Vornado Realty Trust (NYSE:VNO - Free Report) by 6.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 221,710 shares of the real estate investment trust's stock after purchasing an additional 12,780 shares during the period. Nomura Asset Management Co. Ltd. owned about 0.12% of Vornado Realty Trust worth $9,321,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VNO. 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. lifted its holdings in Vornado Realty Trust by 53.2% in the fourth quarter. UMB Bank n.a. now owns 772 shares of the real estate investment trust's stock valued at $32,000 after acquiring an additional 268 shares during the period. Versant Capital Management Inc boosted its position in 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 purchasing an additional 872 shares during the last quarter. Quarry LP bought a new stake in shares of Vornado Realty Trust during the 3rd quarter valued at about $54,000. Finally, Assetmark Inc. increased its position 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 purchasing an additional 286 shares during the last quarter. Hedge funds and other institutional investors own 90.02% of the company's stock.

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Vornado Realty Trust Price Performance

Shares of VNO stock traded down $3.98 during trading hours on Thursday, hitting $34.14. The stock had a trading volume of 1,612,732 shares, compared to its average volume of 1,687,540. 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 $6.52 billion, a price-to-earnings ratio of 855.25, a PEG ratio of 9.69 and a beta of 1.60. Vornado Realty Trust has a one year low of $22.42 and a one year high of $46.63. The stock's 50-day moving average price is $40.06 and its two-hundred day moving average price is $41.07.

Vornado Realty Trust (NYSE:VNO - Get Free Report) last issued its quarterly earnings data on Monday, February 10th. The real estate investment trust reported $0.61 earnings per share (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%. Equities analysts forecast that Vornado Realty Trust will post 2.31 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. Barclays boosted their target price 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. Compass Point raised their price objective on Vornado Realty Trust from $40.00 to $44.00 and gave the stock a "neutral" rating in a research note on Wednesday, February 12th. Mizuho raised Vornado Realty Trust from a "neutral" rating to an "outperform" rating and lifted their price objective for the company from $38.00 to $48.00 in a research report on Tuesday, January 7th. StockNews.com raised shares of Vornado Realty Trust from a "sell" rating to a "hold" rating in a report on Thursday, February 13th. Finally, Truist Financial lifted their price target on shares of Vornado Realty Trust from $31.00 to $40.00 and gave the company a "hold" rating in a report on Wednesday, December 4th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $38.55.

Vornado Realty Trust Profile

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