Quantinno Capital Management LP grew its stake in Vornado Realty Trust (NYSE:VNO - Free Report) by 9.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 80,704 shares of the real estate investment trust's stock after purchasing an additional 6,654 shares during the quarter. Quantinno Capital Management LP's holdings in Vornado Realty Trust were worth $3,393,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. UMB Bank n.a. boosted its position in shares of 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 worth $32,000 after acquiring an additional 268 shares in the last quarter. FIL Ltd purchased a new stake in Vornado Realty Trust in the fourth quarter valued at $49,000. Assetmark Inc. increased its position in shares of 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 worth $63,000 after purchasing an additional 286 shares in the last quarter. Blue Trust Inc. lifted its stake in Vornado Realty Trust by 61.6% in 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 during the last quarter. Finally, Quarry LP boosted its stake in 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 worth $90,000 after purchasing an additional 761 shares during the period. Hedge funds and other institutional investors own 90.02% of the company's stock.
Vornado Realty Trust Stock Performance
Shares of VNO stock traded down $0.08 during trading on Friday, reaching $37.09. The company had a trading volume of 874,387 shares, compared to its average volume of 1,616,601. The firm's 50 day simple moving average is $36.48 and its two-hundred day simple moving average is $39.78. Vornado Realty Trust has a one year low of $22.42 and a one year high of $46.63. The company has a debt-to-equity ratio of 1.98, a current ratio of 4.59 and a quick ratio of 4.59. The company has a market capitalization of $7.12 billion, a PE ratio of 927.15, a PEG ratio of 9.69 and a beta of 1.47.
Vornado Realty Trust (NYSE:VNO - Get Free Report) last posted its quarterly earnings data on Monday, May 5th. The real estate investment trust reported $0.63 earnings per share for the quarter, topping the consensus estimate 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 net margin of 3.94% and a return on equity of 1.60%. Vornado Realty Trust's revenue was up 5.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.55 EPS. Sell-side analysts forecast that Vornado Realty Trust will post 2.31 earnings per share for the current year.
Wall Street Analysts Forecast Growth
VNO has been the subject of several recent research reports. Compass Point raised their target price on shares of Vornado Realty Trust from $40.00 to $44.00 and gave the company a "neutral" rating in a report on Wednesday, February 12th. Wall Street Zen upgraded Vornado Realty Trust from a "sell" rating to a "hold" rating in a report on Thursday, May 15th. Barclays upped their price objective on Vornado Realty Trust from $31.00 to $32.00 and gave the company an "underweight" rating in a research report on Friday, March 14th. The Goldman Sachs Group lifted their price target on shares of Vornado Realty Trust from $27.00 to $30.00 and gave the stock a "sell" rating in a report on Tuesday, February 25th. Finally, 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. Two 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. Based on data from MarketBeat.com, Vornado Realty Trust has an average rating of "Hold" and an average target price of $38.09.
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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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