Universal Beteiligungs und Servicegesellschaft mbH Takes Position in Vornado Realty Trust (NYSE:VNO)

Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Vornado Realty Trust (NYSE:VNO - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 347,148 shares of the real estate investment trust's stock, valued at approximately $12,841,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.18% of Vornado Realty Trust at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. American Century Companies Inc. raised its position in Vornado Realty Trust by 20.0% during the 4th quarter. American Century Companies Inc. now owns 1,168,126 shares of the real estate investment trust's stock worth $49,108,000 after buying an additional 194,987 shares during the last quarter. KLP Kapitalforvaltning AS acquired a new stake in shares of Vornado Realty Trust during the 4th quarter worth about $1,413,000. LPL Financial LLC boosted its stake in shares of Vornado Realty Trust by 11.9% during the 4th quarter. LPL Financial LLC now owns 78,917 shares of the real estate investment trust's stock worth $3,318,000 after purchasing an additional 8,398 shares during the last quarter. Prudential Financial Inc. lifted its holdings in shares of Vornado Realty Trust by 35.6% during the 4th quarter. Prudential Financial Inc. now owns 121,650 shares of the real estate investment trust's stock worth $5,114,000 after acquiring an additional 31,947 shares during the period. Finally, Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in shares of Vornado Realty Trust by 4.1% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 109,796 shares of the real estate investment trust's stock worth $4,659,000 after acquiring an additional 4,358 shares during the period. Hedge funds and other institutional investors own 90.02% of the company's stock.

Insider Transactions at Vornado Realty Trust

In other news, EVP Haim Chera sold 20,000 shares of the stock in a transaction dated 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 owned 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 sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 8.42% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research firms recently commented on VNO. Scotiabank raised their price target on shares of Vornado Realty Trust from $42.00 to $45.00 and gave the company a "sector perform" rating in a report on Monday, July 14th. Mizuho decreased their price target on shares of Vornado Realty Trust from $48.00 to $43.00 and set an "outperform" rating for the company in a research report on Monday, July 14th. Truist Financial lifted their price objective on shares of Vornado Realty Trust from $37.00 to $38.00 and gave the stock a "hold" rating in a report on Tuesday, June 3rd. Piper Sandler boosted their price target on shares of Vornado Realty Trust from $38.00 to $39.00 and gave the company a "neutral" rating in a report on Friday, May 23rd. Finally, Wall Street Zen raised shares of Vornado Realty Trust from a "sell" rating to a "hold" rating in a report on Thursday, May 15th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, Vornado Realty Trust presently has an average rating of "Hold" and a consensus price target of $38.09.

Vornado Realty Trust Stock Down 1.3%

Shares of NYSE:VNO traded down $0.54 during trading on Monday, hitting $39.40. 121,314 shares of the company were exchanged, compared to its average volume of 1,423,321. The stock has a market cap of $7.56 billion, a price-to-earnings ratio of 75.91, a P/E/G ratio of 14.45 and a beta of 1.50. Vornado Realty Trust has a fifty-two week low of $26.19 and a fifty-two week high of $46.63. The firm has a fifty day moving average price of $38.85 and a two-hundred day moving average price of $38.62. The company has a current ratio of 4.10, a quick ratio of 4.10 and a debt-to-equity ratio of 1.81.

Vornado Realty Trust (NYSE:VNO - Get Free Report) last released its quarterly earnings results on Monday, May 5th. The real estate investment trust reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.11. Vornado Realty Trust had a return on equity of 3.83% and a net margin of 9.17%. The business had revenue of $461.58 million during the quarter, compared to the consensus estimate of $452.68 million. During the same period in the previous year, the company posted $0.55 EPS. The firm's quarterly revenue was up 5.8% on a year-over-year basis. As a group, research analysts anticipate that Vornado Realty Trust will post 2.31 earnings per share for the current fiscal year.

Vornado Realty Trust Profile

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