Great Lakes Advisors LLC Purchases 12,142 Shares of Vornado Realty Trust (NYSE:VNO)

Great Lakes Advisors LLC lifted its position in Vornado Realty Trust (NYSE:VNO - Free Report) by 3.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 355,191 shares of the real estate investment trust's stock after buying an additional 12,142 shares during the quarter. Great Lakes Advisors LLC owned about 0.19% of Vornado Realty Trust worth $14,932,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in VNO. UMB Bank n.a. boosted its position 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 worth $32,000 after purchasing an additional 268 shares during the period. Thrivent Financial for Lutherans boosted its position in Vornado Realty Trust by 0.7% during the third quarter. Thrivent Financial for Lutherans now owns 38,933 shares of the real estate investment trust's stock worth $1,534,000 after purchasing an additional 272 shares during the period. Assetmark Inc. boosted its position in Vornado Realty Trust by 23.8% during the fourth 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 period. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Vornado Realty Trust by 0.4% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 69,315 shares of the real estate investment trust's stock worth $2,731,000 after purchasing an additional 299 shares during the period. Finally, CIBC Asset Management Inc boosted its position in Vornado Realty Trust by 5.8% during the fourth quarter. CIBC Asset Management Inc now owns 5,950 shares of the real estate investment trust's stock worth $250,000 after purchasing an additional 324 shares during the period. Institutional investors own 90.02% of the company's stock.

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Vornado Realty Trust Stock Up 3.7 %

Shares of NYSE:VNO traded up $1.31 during trading on Friday, hitting $36.71. 1,549,274 shares of the company's stock traded hands, compared to its average volume of 1,643,809. Vornado Realty Trust has a 52 week low of $22.42 and a 52 week high of $46.63. The company has a current ratio of 4.59, a quick ratio of 4.59 and a debt-to-equity ratio of 1.98. The company has a market cap of $7.01 billion, a price-to-earnings ratio of 917.63, a price-to-earnings-growth ratio of 9.69 and a beta of 1.60. The company has a 50-day moving average price of $40.64 and a 200-day moving average price of $40.71.

Vornado Realty Trust (NYSE:VNO - Get Free Report) last released its quarterly earnings data on Monday, February 10th. The real estate investment trust reported $0.61 earnings per share 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%. As a group, research analysts forecast that Vornado Realty Trust will post 2.31 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have issued reports on VNO shares. Compass Point upped their target price on Vornado Realty Trust from $40.00 to $44.00 and gave the stock a "neutral" rating in a research report on Wednesday, February 12th. Truist Financial upped 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. Mizuho upgraded Vornado Realty Trust from a "neutral" rating to an "outperform" rating and upped their price target for the stock from $38.00 to $48.00 in a report on Tuesday, January 7th. StockNews.com upgraded Vornado Realty Trust from a "sell" rating to a "hold" rating in a report on Thursday, February 13th. Finally, Barclays upped their price target on Vornado Realty Trust from $31.00 to $32.00 and gave the stock an "underweight" rating in a report on Friday. 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 company's stock. According to data from MarketBeat, Vornado Realty Trust currently has an average rating of "Hold" and a consensus target price of $38.55.

About Vornado Realty Trust

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