SG Americas Securities LLC Sells 82,044 Shares of Vornado Realty Trust $VNO

Key Points

• SG Americas Securities cut its Vornado stake by 52.8% in Q4, selling 82,044 shares and leaving 73,364 shares valued at about $2.44 million.
• Several analysts have lowered price targets and the stock carries a consensus "Hold" rating with an average target of $34.82, while VNO trades near $25.33 (12‑month range $24.57–$43.37).
• Vornado's latest quarter reported $0.55 EPS (missing by $0.02) but revenue beat at $453.7M; the company shows a ~50% net margin, 18.6% ROE and a market cap around $4.83 billion.

SG Americas Securities LLC reduced its holdings in Vornado Realty Trust (NYSE:VNO - Free Report) by 52.8% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 73,364 shares of the real estate investment trust's stock after selling 82,044 shares during the quarter. SG Americas Securities LLC's holdings in Vornado Realty Trust were worth $2,442,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Private Management Group Inc. grew its holdings in shares of Vornado Realty Trust by 19.5% during the third quarter. Private Management Group Inc. now owns 772,352 shares of the real estate investment trust's stock worth $31,303,000 after purchasing an additional 126,242 shares in the last quarter. Centersquare Investment Management LLC raised its stake in Vornado Realty Trust by 1.4% in the third quarter. Centersquare Investment Management LLC now owns 3,172,261 shares of the real estate investment trust's stock valued at $128,572,000 after purchasing an additional 42,323 shares in the last quarter. Vestcor Inc bought a new stake in Vornado Realty Trust during the third quarter valued at approximately $4,572,000. Boothbay Fund Management LLC purchased a new position in Vornado Realty Trust in the 3rd quarter worth approximately $6,261,000. Finally, Lighthouse Investment Partners LLC grew its position in Vornado Realty Trust by 20.9% during the third quarter. Lighthouse Investment Partners LLC now owns 260,000 shares of the real estate investment trust's stock valued at $10,538,000 after acquiring an additional 45,000 shares during the last quarter. Hedge funds and other institutional investors own 90.02% of the company's stock.

Wall Street Analyst Weigh In

VNO has been the subject of several research analyst reports. JPMorgan Chase & Co. dropped their price objective on Vornado Realty Trust from $41.00 to $33.00 and set a "neutral" rating for the company in a report on Wednesday, March 25th. Weiss Ratings reissued a "hold (c)" rating on shares of Vornado Realty Trust in a research report on Monday, December 29th. Evercore lowered their price objective on Vornado Realty Trust from $43.00 to $42.00 and set an "outperform" rating for the company in a research report on Monday, December 15th. Piper Sandler reduced their target price on shares of Vornado Realty Trust from $36.00 to $28.00 and set a "neutral" rating on the stock in a research report on Wednesday. Finally, Morgan Stanley dropped their price objective on shares of Vornado Realty Trust from $32.00 to $28.00 and set an "equal weight" rating on the stock in a research note on Tuesday, March 31st. Three investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $34.82.

Vornado Realty Trust Trading Down 0.1%

Vornado Realty Trust stock opened at $25.33 on Friday. Vornado Realty Trust has a 12 month low of $24.57 and a 12 month high of $43.37. The company has a market capitalization of $4.83 billion, a price-to-earnings ratio of 6.05, a price-to-earnings-growth ratio of 1.37 and a beta of 1.51. The business's fifty day simple moving average is $28.19 and its two-hundred day simple moving average is $33.56. The company has a current ratio of 5.25, a quick ratio of 5.25 and a debt-to-equity ratio of 1.44.

Vornado Realty Trust (NYSE:VNO - Get Free Report) last issued its quarterly earnings results on Monday, February 9th. The real estate investment trust reported $0.55 earnings per share for the quarter, missing the consensus estimate of $0.57 by ($0.02). The company had revenue of $453.71 million for the quarter, compared to the consensus estimate of $440.23 million. Vornado Realty Trust had a net margin of 49.99% and a return on equity of 18.64%. Vornado Realty Trust's revenue was down .9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.61 earnings per share. As a group, equities analysts predict that Vornado Realty Trust will post 2.31 earnings per share for the current fiscal year.

Vornado Realty Trust Company Profile

Vornado Realty Trust is a self‐administered real estate investment trust focused on the ownership, management and redevelopment of office and retail properties. As a fully integrated REIT, the company oversees leasing, property management, building operations and strategic capital improvements designed to enhance asset value and tenant experience. Vornado's business model emphasizes long‐term cash flow generation through stable rental income and disciplined portfolio optimization.

The company's core portfolio is concentrated in New York City, where it holds a diverse mix of office towers and street‐level retail assets in prominent submarkets such as Midtown and the Penn Plaza corridor.

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