Proficio Capital Partners LLC purchased a new stake in shares of Vornado Realty Trust (NYSE:VNO - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 114,399 shares of the real estate investment trust's stock, valued at approximately $4,809,000. Proficio Capital Partners LLC owned 0.06% of Vornado Realty Trust at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently modified their holdings of the company. ORG Wealth Partners LLC bought a new position in Vornado Realty Trust in the 4th quarter worth $32,000. UMB Bank n.a. raised its holdings 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 worth $32,000 after purchasing an additional 268 shares during the period. Versant Capital Management Inc raised its holdings in Vornado Realty Trust by 1,014.0% in the 4th 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 holdings in Vornado Realty Trust by 122.2% in the 3rd quarter. Assetmark Inc. now owns 1,202 shares of the real estate investment trust's stock worth $47,000 after purchasing an additional 661 shares during the period. Finally, Quarry LP bought a new position in Vornado Realty Trust in the 3rd quarter worth $54,000. 90.02% of the stock is owned by institutional investors.
Vornado Realty Trust Trading Down 1.0 %
NYSE VNO traded down $0.37 during trading on Friday, hitting $38.26. The stock had a trading volume of 2,637,570 shares, compared to its average volume of 1,640,221. The company has a debt-to-equity ratio of 1.98, a quick ratio of 4.59 and a current ratio of 4.59. The stock has a market capitalization of $7.30 billion, a price-to-earnings ratio of 956.40, a P/E/G 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 has a 50 day simple moving average of $40.47 and a 200 day simple moving average of $40.78.
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 earnings per share (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%. Sell-side analysts predict that Vornado Realty Trust will post 2.31 earnings per share for the current year.
Analysts Set New Price Targets
VNO has been the topic of a number of recent research reports. Compass Point raised their target price on 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 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 note on Tuesday, January 7th. Barclays increased their price target on Vornado Realty Trust from $31.00 to $32.00 and gave the stock an "underweight" rating in a research note on Friday, March 14th. Truist Financial increased their price target on Vornado Realty Trust from $31.00 to $40.00 and gave the stock a "hold" rating in a research note on Wednesday, December 4th. Finally, The Goldman Sachs Group increased their price target on Vornado Realty Trust from $27.00 to $30.00 and gave the stock a "sell" rating in a research note on Tuesday, February 25th. Two 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's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $38.55.
Read Our Latest Stock Report on Vornado Realty Trust
About Vornado Realty Trust
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Free Report)
Vornado Realty Trust is a fully - integrated equity real estate investment trust.
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