Nomura Holdings Inc. acquired a new stake in shares of Vornado Realty Trust (NYSE:VNO - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 40,021 shares of the real estate investment trust's stock, valued at approximately $1,682,000.
A number of other institutional investors have also recently added to or reduced their stakes in VNO. UMB Bank n.a. boosted its holdings in shares of Vornado Realty Trust by 53.2% during the fourth quarter. UMB Bank n.a. now owns 772 shares of the real estate investment trust's stock valued at $32,000 after acquiring an additional 268 shares during the period. Oppenheimer & Co. Inc. bought a new stake in shares of Vornado Realty Trust during the 4th quarter worth about $235,000. Assetmark Inc. boosted its stake 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. KBC Group NV raised its position in Vornado Realty Trust by 1,492.2% in the fourth quarter. KBC Group NV now owns 73,243 shares of the real estate investment trust's stock worth $3,079,000 after acquiring an additional 68,643 shares in the last quarter. Finally, Caprock Group LLC acquired a new stake in Vornado Realty Trust in the 4th quarter valued at about $240,000. 90.02% of the stock is currently owned by institutional investors.
Vornado Realty Trust Stock Down 4.0%
NYSE VNO traded down $1.57 during trading on Wednesday, reaching $37.26. 1,172,376 shares of the company's stock were exchanged, compared to its average volume of 1,614,052. The company has a current ratio of 4.59, a quick ratio of 4.59 and a debt-to-equity ratio of 1.98. Vornado Realty Trust has a fifty-two week low of $22.42 and a fifty-two week high of $46.63. The company's fifty day simple moving average is $36.50 and its 200-day simple moving average is $39.93. The firm has a market capitalization of $7.15 billion, a PE ratio of 931.38, a P/E/G ratio of 9.69 and a beta of 1.47.
Vornado Realty Trust (NYSE:VNO - Get Free Report) last posted its quarterly earnings results on Monday, May 5th. The real estate investment trust reported $0.63 EPS for the quarter, topping the consensus estimate of $0.52 by $0.11. The business had revenue of $461.58 million during the quarter, compared to analysts' expectations of $452.68 million. Vornado Realty Trust had a net margin of 3.94% and a return on equity of 1.60%. The firm's quarterly revenue was up 5.8% compared to the same quarter last year. During the same period last year, the company posted $0.55 earnings per share. Sell-side analysts predict that Vornado Realty Trust will post 2.31 EPS for the current year.
Analyst Ratings Changes
Several equities analysts have recently issued reports on VNO shares. StockNews.com raised shares of Vornado Realty Trust from a "sell" rating to a "hold" rating in a research note on Thursday, May 15th. Barclays upped their price target on Vornado Realty Trust from $31.00 to $32.00 and gave the company an "underweight" rating in a report on Friday, March 14th. Compass Point raised their price objective on Vornado Realty Trust from $40.00 to $44.00 and gave the stock a "neutral" rating in a research note on Wednesday, February 12th. Morgan Stanley boosted their target price on Vornado Realty Trust from $26.00 to $28.00 and gave the stock an "equal weight" rating in a research report on Friday, March 14th. Finally, Piper Sandler decreased 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 equities research 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 data from MarketBeat.com, Vornado Realty Trust has a consensus rating of "Hold" and an average price target of $38.00.
View Our Latest Stock Report on Vornado Realty Trust
About Vornado Realty Trust
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Free Report)
Vornado Realty Trust is a fully - integrated equity real estate investment trust.
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