Proficio Capital Partners LLC Takes Position in Vornado Realty Trust (NYSE:VNO)

Proficio Capital Partners LLC bought a new position in shares of Vornado Realty Trust (NYSE:VNO - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 114,399 shares of the real estate investment trust's stock, valued at approximately $4,809,000. Proficio Capital Partners LLC owned about 0.06% of Vornado Realty Trust at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the business. ORG Wealth Partners LLC bought a new stake in shares of Vornado Realty Trust during the fourth quarter worth approximately $32,000. UMB Bank n.a. boosted its stake in Vornado Realty Trust by 53.2% in the 4th quarter. UMB Bank n.a. now owns 772 shares of the real estate investment trust's stock valued at $32,000 after purchasing an additional 268 shares during the period. Versant Capital Management Inc increased 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 purchasing an additional 872 shares during the period. Assetmark Inc. raised its stake in Vornado Realty Trust by 122.2% in the third quarter. Assetmark Inc. now owns 1,202 shares of the real estate investment trust's stock valued at $47,000 after purchasing an additional 661 shares in the last quarter. Finally, Quarry LP bought a new stake in Vornado Realty Trust during the third quarter worth about $54,000. Institutional investors own 90.02% of the company's stock.

Analysts Set New Price Targets

Several research firms recently issued reports on VNO. Compass Point increased their price target on shares of Vornado Realty Trust from $40.00 to $44.00 and gave the stock a "neutral" rating in a research report on Wednesday, February 12th. Mizuho upgraded Vornado Realty Trust from a "neutral" rating to an "outperform" rating and lifted their price target for the company from $38.00 to $48.00 in a research note on Tuesday, January 7th. StockNews.com upgraded Vornado Realty Trust from a "sell" rating to a "hold" rating in a research report on Thursday, February 13th. Truist Financial lifted their target price on Vornado Realty Trust from $31.00 to $40.00 and gave the company a "hold" rating in a research report on Wednesday, December 4th. Finally, 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 research report on Tuesday, February 25th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the company. According to MarketBeat, Vornado Realty Trust presently has an average rating of "Hold" and a consensus target price of $38.55.

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Vornado Realty Trust Trading Up 4.1 %

NYSE VNO traded up $1.57 during trading hours on Friday, hitting $39.77. 1,312,502 shares of the company's stock were exchanged, compared to its average volume of 1,295,668. The firm has a market cap of $7.59 billion, a price-to-earnings ratio of 994.23, a PEG ratio of 9.69 and a beta of 1.62. The stock has a 50-day simple moving average of $41.21 and a 200 day simple moving average of $40.53. The company has a current ratio of 4.59, a quick ratio of 4.59 and a debt-to-equity ratio of 1.98. Vornado Realty Trust has a 1-year low of $22.42 and a 1-year high of $46.63.

Vornado Realty Trust (NYSE:VNO - Get Free Report) last announced its quarterly earnings data 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 net margin of 3.94% and a return on equity of 1.60%. On average, equities analysts forecast that Vornado Realty Trust will post 2.31 EPS for the current fiscal year.

About Vornado Realty Trust

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