Amundi Has $17.49 Million Position in Vornado Realty Trust $VNO

Amundi trimmed its holdings in shares of Vornado Realty Trust (NYSE:VNO - Free Report) by 44.7% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 515,683 shares of the real estate investment trust's stock after selling 416,519 shares during the period. Amundi owned 0.27% of Vornado Realty Trust worth $17,492,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Twin Tree Management LP increased its stake in shares of Vornado Realty Trust by 102.1% in the 1st quarter. Twin Tree Management LP now owns 785 shares of the real estate investment trust's stock valued at $29,000 after buying an additional 38,585 shares during the period. UMB Bank n.a. grew its stake in shares of Vornado Realty Trust by 67.7% during the first quarter. UMB Bank n.a. now owns 1,295 shares of the real estate investment trust's stock worth $48,000 after purchasing an additional 523 shares during the period. Assetmark Inc. lifted its holdings in Vornado Realty Trust by 23.3% during the first quarter. Assetmark Inc. now owns 1,835 shares of the real estate investment trust's stock worth $68,000 after acquiring an additional 347 shares in the last quarter. Friedenthal Financial bought a new position in Vornado Realty Trust during the first quarter worth about $75,000. Finally, Fifth Third Bancorp lifted its holdings in Vornado Realty Trust by 16.4% during the first quarter. Fifth Third Bancorp now owns 2,214 shares of the real estate investment trust's stock worth $82,000 after acquiring an additional 312 shares in the last quarter. 90.02% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Vornado Realty Trust

In other news, EVP Haim Chera sold 30,000 shares of the company's stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $39.64, for a total value of $1,189,200.00. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 8.42% of the company's stock.

Vornado Realty Trust Stock Performance

NYSE:VNO traded up $0.97 on Friday, hitting $42.98. The company's stock had a trading volume of 1,637,117 shares, compared to its average volume of 1,860,548. The company has a current ratio of 6.82, a quick ratio of 6.82 and a debt-to-equity ratio of 1.40. The stock has a fifty day moving average of $38.47 and a two-hundred day moving average of $37.93. The firm has a market capitalization of $8.25 billion, a P/E ratio of 10.64, a price-to-earnings-growth ratio of 5.35 and a beta of 1.58. Vornado Realty Trust has a one year low of $29.68 and a one year high of $46.63.

Vornado Realty Trust (NYSE:VNO - Get Free Report) last posted its earnings results on Monday, August 4th. The real estate investment trust reported $0.56 EPS for the quarter, beating the consensus estimate of $0.53 by $0.03. Vornado Realty Trust had a return on equity of 19.64% and a net margin of 48.49%.The company had revenue of $441.44 million for the quarter, compared to the consensus estimate of $468.79 million. During the same quarter in the prior year, the business earned $0.57 earnings per share. The firm's revenue for the quarter was down 2.0% on a year-over-year basis. Research analysts predict that Vornado Realty Trust will post 2.31 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Piper Sandler boosted their price target on Vornado Realty Trust from $38.00 to $39.00 and gave the company a "neutral" rating in a report on Friday, May 23rd. Truist Financial upped their target price on Vornado Realty Trust from $38.00 to $40.00 and gave the stock a "hold" rating in a report on Friday. Bank of America dropped their target price on Vornado Realty Trust from $42.00 to $40.00 and set a "neutral" rating on the stock in a report on Monday, August 25th. Mizuho dropped their target price on Vornado Realty Trust from $48.00 to $43.00 and set an "outperform" rating on the stock in a report on Monday, July 14th. Finally, Barclays upped their target price on Vornado Realty Trust from $32.00 to $33.00 and gave the stock an "underweight" rating in a report on Thursday, August 21st. Two equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $38.45.

Vornado Realty Trust Profile

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