Dark Forest Capital Management LP Acquires Shares of 11,958 Vornado Realty Trust (NYSE:VNO)

Dark Forest Capital Management LP purchased a new stake in shares of Vornado Realty Trust (NYSE:VNO - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 11,958 shares of the real estate investment trust's stock, valued at approximately $503,000.

Other large investors have also added to or reduced their stakes in the company. ORG Wealth Partners LLC acquired a new stake in Vornado Realty Trust during the 4th quarter valued at $32,000. UMB Bank n.a. grew its holdings 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 in the last quarter. Versant Capital Management Inc grew its holdings in Vornado Realty Trust by 1,014.0% during the 4th quarter. Versant Capital Management Inc now owns 958 shares of the real estate investment trust's stock valued at $40,000 after purchasing an additional 872 shares in the last quarter. FIL Ltd acquired a new stake in Vornado Realty Trust during the 4th quarter valued at $49,000. Finally, Assetmark Inc. grew its holdings 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 and hedge funds.

Vornado Realty Trust Price Performance

NYSE VNO traded up $0.76 on Thursday, reaching $36.04. The company's stock had a trading volume of 1,529,098 shares, compared to its average volume of 1,662,552. Vornado Realty Trust has a twelve month low of $22.42 and a twelve month high of $46.63. The company has a debt-to-equity ratio of 1.98, a quick ratio of 4.59 and a current ratio of 4.59. The stock has a market cap of $6.92 billion, a PE ratio of 901.00, a PEG ratio of 9.69 and a beta of 1.49. The firm's 50 day moving average is $36.61 and its two-hundred day moving average is $40.30.

Vornado Realty Trust (NYSE:VNO - Get Free Report) last issued its quarterly earnings results 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 net margin of 3.94% and a return on equity of 1.60%. As a group, sell-side analysts predict that Vornado Realty Trust will post 2.31 EPS for the current year.

Analyst Ratings Changes

Several analysts have issued reports on the company. StockNews.com upgraded Vornado Realty Trust from a "sell" rating to a "hold" rating in a research note on Thursday, February 13th. Mizuho upgraded shares of Vornado Realty Trust from a "neutral" rating to an "outperform" rating and upped their target price for the stock from $38.00 to $48.00 in a research report on Tuesday, January 7th. The Goldman Sachs Group lifted their price target on Vornado Realty Trust from $27.00 to $30.00 and gave the company a "sell" rating in a report on Tuesday, February 25th. Morgan Stanley increased 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. Finally, Piper Sandler reduced their price target on Vornado Realty Trust from $44.00 to $38.00 and set a "neutral" rating for the company in a research report on Thursday, April 10th. Two 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 stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $38.00.

About Vornado Realty Trust

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