DekaBank Deutsche Girozentrale Has $4.38 Million Stock Position in Vornado Realty Trust (NYSE:VNO)

DekaBank Deutsche Girozentrale grew its position in shares of Vornado Realty Trust (NYSE:VNO - Free Report) by 173.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 113,024 shares of the real estate investment trust's stock after acquiring an additional 71,755 shares during the quarter. DekaBank Deutsche Girozentrale owned about 0.06% of Vornado Realty Trust worth $4,376,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of the stock. Vert Asset Management LLC lifted its holdings in Vornado Realty Trust by 0.5% during the 3rd quarter. Vert Asset Management LLC now owns 68,282 shares of the real estate investment trust's stock worth $2,690,000 after purchasing an additional 324 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its stake in shares of Vornado Realty Trust by 3.8% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 10,660 shares of the real estate investment trust's stock valued at $307,000 after purchasing an additional 386 shares during the period. GAMMA Investing LLC lifted its stake in shares of Vornado Realty Trust by 12.8% in the 3rd quarter. GAMMA Investing LLC now owns 4,412 shares of the real estate investment trust's stock valued at $174,000 after purchasing an additional 500 shares during the period. Retirement Systems of Alabama raised its stake in Vornado Realty Trust by 0.3% during the first quarter. Retirement Systems of Alabama now owns 200,756 shares of the real estate investment trust's stock valued at $5,776,000 after buying an additional 527 shares during the last quarter. Finally, State of Alaska Department of Revenue increased its holdings in shares of Vornado Realty Trust by 0.5% in the 1st quarter. State of Alaska Department of Revenue now owns 101,565 shares of the real estate investment trust's stock worth $2,921,000 after purchasing an additional 531 shares in the last quarter. Institutional investors own 90.02% of the company's stock.

Vornado Realty Trust Stock Down 0.4 %

Shares of NYSE:VNO traded down $0.18 during trading on Friday, hitting $41.23. The company's stock had a trading volume of 1,550,045 shares, compared to its average volume of 2,031,650. The company has a debt-to-equity ratio of 1.78, a quick ratio of 5.21 and a current ratio of 5.21. Vornado Realty Trust has a fifty-two week low of $19.63 and a fifty-two week high of $44.05. The company has a market capitalization of $7.85 billion, a PE ratio of 463.56 and a beta of 1.65. The business has a 50 day moving average price of $38.45 and a two-hundred day moving average price of $30.90.

Vornado Realty Trust (NYSE:VNO - Get Free Report) last issued its earnings results on Monday, August 5th. The real estate investment trust reported $0.18 EPS for the quarter, missing analysts' consensus estimates of $0.55 by ($0.37). Vornado Realty Trust had a net margin of 4.51% and a return on equity of 3.21%. The business had revenue of $450.27 million during the quarter, compared to analysts' expectations of $439.28 million. During the same period in the prior year, the business posted $0.72 EPS. The business's revenue was down 4.7% on a year-over-year basis. As a group, research analysts expect that Vornado Realty Trust will post 2.16 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on VNO shares. Barclays boosted their price objective on Vornado Realty Trust from $27.00 to $34.00 and gave the company an "underweight" rating in a research report on Monday. The Goldman Sachs Group increased their price objective on Vornado Realty Trust from $21.50 to $23.75 and gave the stock a "sell" rating in a research note on Thursday, September 12th. Evercore ISI upped their target price on Vornado Realty Trust from $38.00 to $39.00 and gave the stock an "outperform" rating in a report on Wednesday, August 28th. Bank of America increased their price objective on Vornado Realty Trust from $26.00 to $35.00 and gave the company a "neutral" rating in a report on Thursday, August 22nd. Finally, Scotiabank increased their price target on Vornado Realty Trust from $33.00 to $38.00 and gave the stock a "sector perform" rating in a research report on Friday, October 25th. Four equities research analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $32.80.

Vornado Realty Trust Profile

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