ProShare Advisors LLC Has $326,000 Position in Vornado Realty Trust (NYSE:VNO)

ProShare Advisors LLC trimmed its holdings in Vornado Realty Trust (NYSE:VNO - Free Report) by 46.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,759 shares of the real estate investment trust's stock after selling 6,689 shares during the quarter. ProShare Advisors LLC's holdings in Vornado Realty Trust were worth $326,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of VNO. FIL Ltd acquired a new stake in Vornado Realty Trust in the 4th quarter valued at about $49,000. Assetmark Inc. lifted its stake in Vornado Realty Trust by 23.8% during the fourth quarter. Assetmark Inc. now owns 1,488 shares of the real estate investment trust's stock valued at $63,000 after buying an additional 286 shares in the last quarter. Blue Trust Inc. lifted its stake in Vornado Realty Trust by 61.6% during the fourth quarter. Blue Trust Inc. now owns 1,776 shares of the real estate investment trust's stock valued at $70,000 after buying an additional 677 shares in the last quarter. Quarry LP lifted its stake in Vornado Realty Trust by 55.4% during the fourth quarter. Quarry LP now owns 2,135 shares of the real estate investment trust's stock valued at $90,000 after buying an additional 761 shares in the last quarter. Finally, Principal Securities Inc. lifted its stake in Vornado Realty Trust by 32.7% during the fourth quarter. Principal Securities Inc. now owns 3,107 shares of the real estate investment trust's stock valued at $131,000 after buying an additional 765 shares in the last quarter. 90.02% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Wall Street Zen raised shares of Vornado Realty Trust from a "sell" rating to a "hold" rating in a research note on Thursday, May 15th. Morgan Stanley upped their price objective 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. Compass Point upped 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 upped their target price on Vornado Realty Trust from $31.00 to $32.00 and gave the company an "underweight" rating in a report on Friday, March 14th. Finally, The Goldman Sachs Group upped their target price on Vornado Realty Trust from $27.00 to $30.00 and gave the company a "sell" rating in a report on Tuesday, February 25th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $38.09.

Insiders Place Their Bets

In other news, EVP Haim Chera sold 20,000 shares of the stock in a transaction that occurred on Friday, May 30th. The stock was sold at an average price of $37.98, for a total value of $759,600.00. Following the completion of the sale, the executive vice president now directly owns 30,000 shares of the company's stock, valued at approximately $1,139,400. This represents a 40.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 8.42% of the company's stock.

Vornado Realty Trust Stock Down 2.6%

NYSE:VNO traded down $1.00 during mid-day trading on Friday, reaching $37.66. The stock had a trading volume of 1,324,147 shares, compared to its average volume of 1,611,515. The business's 50 day moving average is $36.38 and its 200 day moving average is $39.59. Vornado Realty Trust has a fifty-two week low of $23.50 and a fifty-two week high of $46.63. The stock has a market cap of $7.23 billion, a P/E ratio of 941.50, a PEG ratio of 9.69 and a beta of 1.47. The company has a debt-to-equity ratio of 1.98, a current ratio of 4.59 and a quick ratio of 4.59.

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

Vornado Realty Trust Company Profile

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