Harvest Fund Management Co. Ltd grew its holdings in shares of Vornado Realty Trust (NYSE:VNO - Free Report) by 131.2% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 12,826 shares of the real estate investment trust's stock after purchasing an additional 7,278 shares during the period. Harvest Fund Management Co. Ltd's holdings in Vornado Realty Trust were worth $539,000 as of its most recent SEC filing.
A number of other hedge funds have also recently made changes to their positions in VNO. ORG Wealth Partners LLC purchased a new position in Vornado Realty Trust during the fourth quarter valued at $32,000. UMB Bank n.a. raised its position in shares of 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 last quarter. Versant Capital Management Inc boosted its stake 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 in the last quarter. Quarry LP purchased a new stake in Vornado Realty Trust during the 3rd quarter valued at about $54,000. Finally, Assetmark Inc. increased its stake in Vornado Realty Trust by 23.8% during the 4th quarter. Assetmark Inc. now owns 1,488 shares of the real estate investment trust's stock valued at $63,000 after purchasing an additional 286 shares in the last quarter. 90.02% of the stock is owned by institutional investors.
Vornado Realty Trust Stock Performance
Shares of Vornado Realty Trust stock traded down $0.10 during trading hours on Tuesday, reaching $39.31. 1,032,918 shares of the stock traded hands, compared to its average volume of 1,632,931. The company has a 50 day moving average price of $40.50 and a 200 day moving average price of $40.95. Vornado Realty Trust has a one year low of $22.42 and a one year high of $46.63. 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 firm has a market capitalization of $7.50 billion, a price-to-earnings ratio of 982.75, a P/E/G ratio of 9.69 and a beta of 1.60.
Vornado Realty Trust (NYSE:VNO - Get Free Report) last announced 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 net margin of 3.94% and a return on equity of 1.60%. On average, equities research analysts expect that Vornado Realty Trust will post 2.31 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently commented on VNO shares. Mizuho upgraded shares of Vornado Realty Trust from a "neutral" rating to an "outperform" rating and increased their price target for the company from $38.00 to $48.00 in a report on Tuesday, January 7th. Compass Point increased their target price on Vornado Realty Trust from $40.00 to $44.00 and gave the company a "neutral" rating in a research note on Wednesday, February 12th. Barclays boosted 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. Morgan Stanley increased their price objective on Vornado Realty Trust from $26.00 to $28.00 and gave the company an "equal weight" rating in a research report on Friday, March 14th. Finally, Truist Financial boosted their target price on Vornado Realty Trust from $31.00 to $40.00 and gave the stock a "hold" rating in a research report on Wednesday, December 4th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $38.55.
View Our Latest Analysis on VNO
About Vornado Realty Trust
(
Free Report)
Vornado Realty Trust is a fully - integrated equity real estate investment trust.
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