Vornado Realty Trust (NYSE:VNO) Price Target Raised to $32.00 at Barclays

Vornado Realty Trust (NYSE:VNO - Get Free Report) had its price target lifted by stock analysts at Barclays from $31.00 to $32.00 in a report released on Friday,Benzinga reports. The firm presently has an "underweight" rating on the real estate investment trust's stock. Barclays's price target would indicate a potential downside of 15.18% from the company's current price.

Several other equities analysts have also weighed in on VNO. StockNews.com upgraded shares of Vornado Realty Trust from a "sell" rating to a "hold" rating in a report on Thursday, February 13th. Mizuho upgraded shares of Vornado Realty Trust from a "neutral" rating to an "outperform" rating and lifted their target price for the company from $38.00 to $48.00 in a report on Tuesday, January 7th. The Goldman Sachs Group lifted their target price on shares of Vornado Realty Trust from $27.00 to $30.00 and gave the company a "sell" rating in a report on Tuesday, February 25th. Morgan Stanley lifted their target price on shares of Vornado Realty Trust from $26.00 to $28.00 and gave the company an "equal weight" rating in a report on Friday. Finally, Compass Point lifted their target price on shares of Vornado Realty Trust from $40.00 to $44.00 and gave the company a "neutral" rating in a report on Wednesday, February 12th. 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 data from MarketBeat.com, Vornado Realty Trust presently has an average rating of "Hold" and an average price target of $38.55.

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Vornado Realty Trust Trading Down 1.1 %

Shares of NYSE VNO traded down $0.40 during trading on Friday, hitting $37.73. 911,841 shares of the company traded hands, compared to its average volume of 1,640,100. Vornado Realty Trust has a 1 year low of $22.42 and a 1 year high of $46.63. The company has a 50-day moving average price of $40.53 and a 200-day moving average price of $40.81. The firm has a market capitalization of $7.20 billion, a P/E ratio of 943.15, 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.

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, beating 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 predict that Vornado Realty Trust will post 2.31 EPS for the current year.

Institutional Investors Weigh In On Vornado Realty Trust

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Quantbot Technologies LP grew its position in shares of Vornado Realty Trust by 112.0% during the 3rd quarter. Quantbot Technologies LP now owns 130,258 shares of the real estate investment trust's stock valued at $5,132,000 after buying an additional 68,813 shares during the last quarter. FNY Investment Advisers LLC bought a new stake in shares of Vornado Realty Trust during the 4th quarter valued at about $4,015,000. JPMorgan Chase & Co. grew its position in shares of Vornado Realty Trust by 232.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,529,069 shares of the real estate investment trust's stock valued at $139,045,000 after buying an additional 2,468,652 shares during the last quarter. Principal Financial Group Inc. grew its position in shares of Vornado Realty Trust by 428.3% during the 3rd quarter. Principal Financial Group Inc. now owns 2,820,958 shares of the real estate investment trust's stock valued at $111,146,000 after buying an additional 2,286,997 shares during the last quarter. Finally, UMB Bank n.a. grew its position in shares of Vornado Realty Trust by 53.2% during the 4th 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. Institutional investors own 90.02% of the company's stock.

About Vornado Realty Trust

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