Tower Research Capital LLC TRC Has $784,000 Stock Holdings in Vornado Realty Trust (NYSE:VNO)

Tower Research Capital LLC TRC lifted its position in shares of Vornado Realty Trust (NYSE:VNO - Free Report) by 318.0% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 18,654 shares of the real estate investment trust's stock after buying an additional 14,191 shares during the quarter. Tower Research Capital LLC TRC's holdings in Vornado Realty Trust were worth $784,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. MetLife Investment Management LLC raised its stake in Vornado Realty Trust by 8.5% in the 4th quarter. MetLife Investment Management LLC now owns 98,534 shares of the real estate investment trust's stock worth $4,142,000 after purchasing an additional 7,686 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Vornado Realty Trust by 0.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,501,788 shares of the real estate investment trust's stock worth $105,173,000 after purchasing an additional 15,921 shares during the period. GeoWealth Management LLC raised its position in shares of Vornado Realty Trust by 4.9% in the fourth quarter. GeoWealth Management LLC now owns 14,276 shares of the real estate investment trust's stock valued at $600,000 after buying an additional 662 shares in the last quarter. CANADA LIFE ASSURANCE Co boosted its stake in shares of Vornado Realty Trust by 4.5% in the fourth quarter. CANADA LIFE ASSURANCE Co now owns 334,913 shares of the real estate investment trust's stock valued at $14,076,000 after buying an additional 14,309 shares during the period. Finally, PEAK6 LLC acquired a new stake in Vornado Realty Trust during the fourth quarter worth approximately $992,000. Institutional investors own 90.02% of the company's stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on VNO. Mizuho upgraded Vornado Realty Trust from a "neutral" rating to an "outperform" rating and upped their target price for the company from $38.00 to $48.00 in a research report on Tuesday, January 7th. StockNews.com upgraded shares of Vornado Realty Trust from a "sell" rating to a "hold" rating in a research note on Thursday, February 13th. Piper Sandler dropped their target price on shares of Vornado Realty Trust from $44.00 to $38.00 and set a "neutral" rating for the company in a research report on Thursday, April 10th. The Goldman Sachs Group upped their price target on shares of Vornado Realty Trust from $27.00 to $30.00 and gave the stock a "sell" rating in a report on Tuesday, February 25th. Finally, Morgan Stanley lifted their price objective on shares of Vornado Realty Trust from $26.00 to $28.00 and gave the company an "equal weight" rating in a research note on Friday, March 14th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company. According to MarketBeat, Vornado Realty Trust presently has a consensus rating of "Hold" and an average target price of $38.00.

Vornado Realty Trust Stock Up 0.7 %

Shares of NYSE:VNO opened at $35.74 on Friday. Vornado Realty Trust has a 52-week low of $22.42 and a 52-week high of $46.63. The company has a market capitalization of $6.86 billion, a PE ratio of 893.50, a price-to-earnings-growth ratio of 9.69 and a beta of 1.49. 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 company has a fifty day moving average of $36.86 and a 200-day moving average of $40.39.

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, topping analysts' consensus estimates of ($0.05) by $0.66. Vornado Realty Trust had a return on equity of 1.60% and a net margin of 3.94%. On average, equities analysts predict that Vornado Realty Trust will post 2.31 EPS for the current fiscal year.

Vornado Realty Trust Company Profile

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

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