40,021 Shares in Vornado Realty Trust (NYSE:VNO) Bought by Nomura Holdings Inc.

Nomura Holdings Inc. purchased a new stake in Vornado Realty Trust (NYSE:VNO - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 40,021 shares of the real estate investment trust's stock, valued at approximately $1,682,000.

Several other institutional investors and hedge funds also recently made changes to their positions in VNO. UMB Bank n.a. lifted its holdings in Vornado Realty Trust by 53.2% in the fourth quarter. UMB Bank n.a. now owns 772 shares of the real estate investment trust's stock valued at $32,000 after buying an additional 268 shares during the period. FIL Ltd bought a new position in shares of Vornado Realty Trust in the 4th quarter worth about $49,000. Assetmark Inc. lifted its stake in shares of Vornado Realty Trust by 23.8% in 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 during the period. Blue Trust Inc. lifted its stake in shares of Vornado Realty Trust by 61.6% in the 4th quarter. Blue Trust Inc. now owns 1,776 shares of the real estate investment trust's stock valued at $70,000 after purchasing an additional 677 shares during the period. Finally, Quarry LP boosted its position in shares of Vornado Realty Trust by 55.4% during the 4th quarter. Quarry LP now owns 2,135 shares of the real estate investment trust's stock valued at $90,000 after purchasing an additional 761 shares in the last quarter. Institutional investors and hedge funds own 90.02% of the company's stock.

Vornado Realty Trust Stock Down 0.7%

VNO stock traded down $0.27 during midday trading on Friday, reaching $36.90. 179,148 shares of the company's stock traded hands, compared to its average volume of 1,610,648. The company has a quick ratio of 4.59, a current ratio of 4.59 and a debt-to-equity ratio of 1.98. The firm's fifty day moving average price is $36.49 and its 200-day moving average price is $39.88. Vornado Realty Trust has a 52 week low of $22.42 and a 52 week high of $46.63. The company has a market cap of $7.08 billion, a price-to-earnings ratio of 923.48, a P/E/G ratio of 9.69 and a beta of 1.47.

Vornado Realty Trust (NYSE:VNO - Get Free Report) last issued its quarterly earnings data on Monday, May 5th. The real estate investment trust reported $0.63 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.52 by $0.11. Vornado Realty Trust had a net margin of 3.94% and a return on equity of 1.60%. The firm had revenue of $461.58 million during the quarter, compared to analysts' expectations of $452.68 million. During the same period last year, the company earned $0.55 earnings per share. The business's revenue was up 5.8% on a year-over-year basis. As a group, sell-side analysts forecast that Vornado Realty Trust will post 2.31 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on VNO shares. Piper Sandler lifted their target price on Vornado Realty Trust from $38.00 to $39.00 and gave the stock a "neutral" rating in a report on Friday. Compass Point lifted their price objective on shares of Vornado Realty Trust from $40.00 to $44.00 and gave the company a "neutral" rating in a research note on Wednesday, February 12th. Barclays boosted their target price on shares of Vornado Realty Trust from $31.00 to $32.00 and gave the company an "underweight" rating in a research report on Friday, March 14th. Wall Street Zen upgraded shares of Vornado Realty Trust from a "sell" rating to a "hold" rating in a report on Thursday, May 15th. Finally, Morgan Stanley lifted their price target on shares of Vornado Realty Trust from $26.00 to $28.00 and gave the company an "equal weight" rating in a research note on Friday, March 14th. 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 MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $38.09.

Vornado Realty Trust Profile

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