Y Intercept Hong Kong Ltd Makes New Investment in Vornado Realty Trust (NYSE:VNO)

Y Intercept Hong Kong Ltd acquired a new position in shares of Vornado Realty Trust (NYSE:VNO - Free Report) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 10,800 shares of the real estate investment trust's stock, valued at approximately $454,000.

Other institutional investors have also recently added to or reduced their stakes in the company. ORG Wealth Partners LLC acquired a new position in shares of Vornado Realty Trust during the fourth quarter valued at $32,000. UMB Bank n.a. boosted its stake in 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 purchasing an additional 268 shares during the period. Versant Capital Management Inc grew its position 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 during the last quarter. Assetmark Inc. grew its position in Vornado Realty Trust by 122.2% in the 3rd quarter. Assetmark Inc. now owns 1,202 shares of the real estate investment trust's stock worth $47,000 after purchasing an additional 661 shares during the last quarter. Finally, Quarry LP acquired a new stake in shares of Vornado Realty Trust in the third quarter valued at approximately $54,000. 90.02% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

VNO has been the subject of several analyst reports. The Goldman Sachs Group boosted their price objective on Vornado Realty Trust from $27.00 to $30.00 and gave the stock a "sell" rating in a research report on Tuesday, February 25th. Evercore ISI boosted their target price on shares of Vornado Realty Trust from $40.00 to $45.00 and gave the stock an "outperform" rating in a report on Wednesday, November 6th. Mizuho raised Vornado Realty Trust from a "neutral" rating to an "outperform" rating and boosted their target price for the stock from $38.00 to $48.00 in a research report on Tuesday, January 7th. Truist Financial increased their price target on Vornado Realty Trust from $31.00 to $40.00 and gave the company a "hold" rating in a research report on Wednesday, December 4th. Finally, StockNews.com upgraded shares of Vornado Realty Trust from a "sell" rating to a "hold" rating in a research report on Thursday, February 13th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $38.55.

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Vornado Realty Trust Stock Down 4.9 %

VNO stock traded down $1.98 during trading hours on Thursday, hitting $38.32. The company's stock had a trading volume of 604,112 shares, compared to its average volume of 1,274,270. The stock has a 50 day moving average price of $41.30 and a two-hundred day moving average price of $40.54. Vornado Realty Trust has a 12 month low of $22.42 and a 12 month high of $46.63. The company has a market capitalization of $7.31 billion, a PE ratio of 955.50, a price-to-earnings-growth ratio of 9.69 and a beta of 1.62. 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 issued its quarterly earnings data on Monday, February 10th. The real estate investment trust reported $0.61 earnings per share for the quarter, beating analysts' consensus estimates of ($0.05) by $0.66. Vornado Realty Trust had a return on equity of 1.60% and a net margin of 3.94%. On average, equities research analysts expect 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.