Jane Street Group LLC bought a new position in shares of Vornado Realty Trust (NYSE:VNO) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 3,886 shares of the real estate investment trust’s stock, valued at approximately $304,000.
Other institutional investors also recently made changes to their positions in the company. Fieldpoint Private Securities LLC bought a new stake in Vornado Realty Trust during the third quarter worth approximately $100,000. Assetmark Inc. boosted its position in Vornado Realty Trust by 5,978.3% during the fourth quarter. Assetmark Inc. now owns 1,398 shares of the real estate investment trust’s stock worth $109,000 after purchasing an additional 1,375 shares during the period. Tower Research Capital LLC TRC bought a new stake in Vornado Realty Trust during the fourth quarter worth approximately $134,000. West Oak Capital LLC bought a new stake in Vornado Realty Trust during the fourth quarter worth approximately $138,000. Finally, Huntington National Bank boosted its position in Vornado Realty Trust by 167.3% during the fourth quarter. Huntington National Bank now owns 1,903 shares of the real estate investment trust’s stock worth $149,000 after purchasing an additional 1,191 shares during the period. 88.82% of the stock is owned by hedge funds and other institutional investors.
Shares of VNO stock opened at $66.50 on Monday. Vornado Realty Trust has a 12 month low of $64.13 and a 12 month high of $82.68. The company has a market cap of $12,538.94, a PE ratio of 17.83 and a beta of 0.86. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.31 and a quick ratio of 0.31.
Vornado Realty Trust (NYSE:VNO) last issued its quarterly earnings results on Monday, February 12th. The real estate investment trust reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.04. Vornado Realty Trust had a return on equity of 5.44% and a net margin of 9.10%. The company had revenue of $536.23 million during the quarter, compared to analyst estimates of $532.81 million. During the same period in the previous year, the company earned $3.43 earnings per share. The company’s quarterly revenue was up 4.3% compared to the same quarter last year. equities analysts anticipate that Vornado Realty Trust will post 3.87 earnings per share for the current fiscal year.
A number of equities research analysts have issued reports on VNO shares. SunTrust Banks raised Vornado Realty Trust from a “hold” rating to a “buy” rating in a research report on Monday, January 22nd. They noted that the move was a valuation call. TheStreet raised Vornado Realty Trust from a “c+” rating to a “b-” rating in a research report on Monday, December 18th. Zacks Investment Research upgraded Vornado Realty Trust from a “sell” rating to a “hold” rating in a report on Friday, March 9th. Sandler O’Neill set a $76.00 price target on Vornado Realty Trust and gave the stock a “buy” rating in a report on Thursday, March 15th. Finally, Barclays reiterated a “hold” rating and set a $75.00 price target on shares of Vornado Realty Trust in a report on Wednesday, January 31st. Six research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Vornado Realty Trust has a consensus rating of “Buy” and a consensus target price of $86.15.
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Vornado Realty Trust Profile
Vornado Realty Trust is a preeminent owner, manager and developer of office and retail assets. Vornado's portfolio is concentrated in the nation's key market ? New York City ? along with the premier asset in both Chicago and San Francisco. Vornado is also the real estate industry leader in sustainability policy.
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