Sei Investments Co. Boosts Stake in Vornado Realty Trust (NYSE:VNO)

Sei Investments Co. boosted its stake in Vornado Realty Trust (NYSE:VNO - Free Report) by 35.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 734,060 shares of the real estate investment trust's stock after acquiring an additional 190,493 shares during the period. Sei Investments Co. owned 0.39% of Vornado Realty Trust worth $30,860,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of VNO. ORG Wealth Partners LLC purchased a new stake in Vornado Realty Trust in the fourth quarter worth $32,000. UMB Bank n.a. raised its stake 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 during the last quarter. Versant Capital Management Inc grew its stake 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 acquiring an additional 872 shares during the last quarter. Quarry LP bought a new position in shares of Vornado Realty Trust during the third quarter valued at $54,000. Finally, Assetmark Inc. raised its position in shares of Vornado Realty Trust by 23.8% in the 4th quarter. Assetmark Inc. now owns 1,488 shares of the real estate investment trust's stock worth $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.

Vornado Realty Trust Price Performance

NYSE:VNO traded down $0.95 on Friday, reaching $36.75. 1,257,132 shares of the company's stock traded hands, compared to its average volume of 1,691,271. The stock has a 50-day simple moving average of $40.29 and a 200-day simple moving average of $41.03. Vornado Realty Trust has a 12 month low of $22.42 and a 12 month high of $46.63. The firm has a market cap of $7.01 billion, a PE ratio of 918.80, 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.

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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 earnings per share (EPS) for the quarter, beating 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 research analysts forecast that Vornado Realty Trust will post 2.31 earnings per share for the current year.

Wall Street Analyst Weigh In

VNO has been the subject of several recent analyst reports. Morgan Stanley lifted their target price on shares of Vornado Realty Trust from $26.00 to $28.00 and gave the stock an "equal weight" rating in a report on Friday, March 14th. The Goldman Sachs Group lifted their price target on shares of Vornado Realty Trust from $27.00 to $30.00 and gave the stock a "sell" rating in a research note on Tuesday, February 25th. StockNews.com upgraded shares of Vornado Realty Trust from a "sell" rating to a "hold" rating in a research report on Thursday, February 13th. Compass Point lifted their target price 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. Finally, Truist Financial boosted their target price on shares of Vornado Realty Trust from $31.00 to $40.00 and gave the company a "hold" rating in a research note on Wednesday, December 4th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the stock. According to MarketBeat, Vornado Realty Trust presently has a consensus rating of "Hold" and a consensus price target of $38.55.

About Vornado Realty Trust

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