Vornado Realty Trust (NYSE:VNO) Short Interest Update

Vornado Realty Trust (NYSE:VNO - Get Free Report) was the recipient of a large drop in short interest in March. As of March 15th, there was short interest totalling 9,060,000 shares, a drop of 18.0% from the February 28th total of 11,050,000 shares. Based on an average trading volume of 1,360,000 shares, the short-interest ratio is presently 6.7 days. Approximately 5.2% of the shares of the stock are short sold.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on VNO shares. The Goldman Sachs Group raised their target price on shares of Vornado Realty Trust from $27.00 to $30.00 and gave the company a "sell" rating in a research note on Tuesday, February 25th. Barclays lifted their price objective on shares of Vornado Realty Trust from $31.00 to $32.00 and gave the stock an "underweight" rating in a report on Friday, March 14th. 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. StockNews.com upgraded Vornado Realty Trust from a "sell" rating to a "hold" rating in a research report on Thursday, February 13th. Finally, Morgan Stanley upped 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. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, Vornado Realty Trust presently has a consensus rating of "Hold" and an average target price of $38.55.

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Institutional Trading of Vornado Realty Trust

Several large investors have recently added to or reduced their stakes in VNO. Centaurus Financial Inc. purchased a new position in shares of Vornado Realty Trust in the 4th quarter valued at approximately $143,000. Employees Retirement System of Texas bought a new stake in shares of Vornado Realty Trust during the 4th quarter valued at $1,471,000. Jefferies Financial Group Inc. purchased a new stake in shares of Vornado Realty Trust in the 4th quarter worth about $514,000. Yoffe Investment Management LLC bought a new position in shares of Vornado Realty Trust in the 4th quarter worth about $222,000. Finally, GF Fund Management CO. LTD. purchased a new position in Vornado Realty Trust during the 4th quarter valued at about $124,000. Institutional investors own 90.02% of the company's stock.

Vornado Realty Trust Trading Down 2.8 %

Vornado Realty Trust stock traded down $0.96 during trading hours on Friday, reaching $32.96. The company had a trading volume of 3,228,931 shares, compared to its average volume of 1,698,964. The company has a debt-to-equity ratio of 1.98, a current ratio of 4.59 and a quick ratio of 4.59. Vornado Realty Trust has a 12-month low of $22.42 and a 12-month high of $46.63. The company has a 50-day moving average price of $39.71 and a 200 day moving average price of $40.99. The firm has a market cap of $6.29 billion, a price-to-earnings ratio of 823.98, a P/E/G ratio of 9.69 and a beta of 1.60.

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 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%. Equities analysts forecast that Vornado Realty Trust will post 2.31 earnings per share for the current year.

Vornado Realty Trust Company Profile

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