Cerity Partners LLC lifted its holdings in shares of Vornado Realty Trust (NYSE:VNO - Free Report) by 206.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 52,417 shares of the real estate investment trust's stock after purchasing an additional 35,324 shares during the period. Cerity Partners LLC's holdings in Vornado Realty Trust were worth $2,176,000 as of its most recent filing with the SEC.
A number of other large investors also recently added to or reduced their stakes in the business. ORG Wealth Partners LLC purchased a new position in shares of Vornado Realty Trust in the fourth quarter worth about $32,000. UMB Bank n.a. boosted its stake in shares of 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 purchasing an additional 268 shares during the period. Versant Capital Management Inc grew its holdings 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 last quarter. Assetmark Inc. increased its stake in shares of Vornado Realty Trust by 23.8% in the fourth quarter. Assetmark Inc. now owns 1,488 shares of the real estate investment trust's stock worth $63,000 after buying an additional 286 shares during the period. Finally, Blue Trust Inc. raised its holdings in Vornado Realty Trust by 61.6% during the 4th quarter. Blue Trust Inc. now owns 1,776 shares of the real estate investment trust's stock valued at $70,000 after buying an additional 677 shares during the last quarter. Hedge funds and other institutional investors own 90.02% of the company's stock.
Analyst Ratings Changes
VNO has been the topic of a number of analyst reports. Piper Sandler decreased their price objective on shares of Vornado Realty Trust from $44.00 to $38.00 and set a "neutral" rating on the stock in a research report on Thursday, April 10th. Morgan Stanley increased their price objective on 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 upped their target price on Vornado Realty Trust from $27.00 to $30.00 and gave the company a "sell" rating in a report on Tuesday, February 25th. Compass Point lifted their price target 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. Finally, Mizuho raised shares of Vornado Realty Trust from a "neutral" rating to an "outperform" rating and raised their target price for the stock from $38.00 to $48.00 in a research report on Tuesday, January 7th. Two equities 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 stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $38.00.
Check Out Our Latest Report on VNO
Vornado Realty Trust Stock Down 4.0 %
Shares of NYSE:VNO traded down $1.39 on Monday, hitting $33.12. 906,611 shares of the company traded hands, compared to its average volume of 1,661,597. The stock has a 50 day simple moving average of $37.43 and a 200-day simple moving average of $40.52. The company has a quick ratio of 4.59, a current ratio of 4.59 and a debt-to-equity ratio of 1.98. The company has a market cap of $6.36 billion, a PE ratio of 828.00, a PEG ratio of 9.69 and a beta of 1.49. Vornado Realty Trust has a 52 week low of $22.42 and a 52 week high of $46.63.
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 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%. As a group, research analysts expect that Vornado Realty Trust will post 2.31 earnings per share for the current year.
About Vornado Realty Trust
(
Free Report)
Vornado Realty Trust is a fully - integrated equity real estate investment trust.
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