UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 34,616 Shares of Vornado Realty Trust (NYSE:VNO)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC reduced its position in shares of Vornado Realty Trust (NYSE:VNO - Free Report) by 2.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,170,767 shares of the real estate investment trust's stock after selling 34,616 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.61% of Vornado Realty Trust worth $49,219,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. UMB Bank n.a. raised its stake in shares of Vornado Realty Trust by 53.2% during the fourth quarter. UMB Bank n.a. now owns 772 shares of the real estate investment trust's stock worth $32,000 after buying an additional 268 shares during the last quarter. FIL Ltd bought a new stake in shares of Vornado Realty Trust in the fourth quarter worth $49,000. Assetmark Inc. raised its position 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 worth $63,000 after acquiring an additional 286 shares in the last quarter. Blue Trust Inc. raised its position 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 worth $70,000 after acquiring an additional 677 shares in the last quarter. Finally, Quarry LP raised its position 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 worth $90,000 after acquiring an additional 761 shares in the last quarter. 90.02% of the stock is owned by institutional investors.

Vornado Realty Trust Trading Down 3.3%

Shares of Vornado Realty Trust stock traded down $1.28 during midday trading on Friday, reaching $37.39. 230,108 shares of the company's stock traded hands, compared to its average volume of 1,605,775. The company has a debt-to-equity ratio of 1.98, a quick ratio of 4.59 and a current ratio of 4.59. The company has a market cap of $7.18 billion, a PE ratio of 937.03, a price-to-earnings-growth ratio of 9.69 and a beta of 1.47. The stock has a 50 day moving average of $36.41 and a 200-day moving average of $39.64. Vornado Realty Trust has a 12 month low of $23.06 and a 12 month high of $46.63.

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 (EPS) for the quarter, topping analysts' consensus estimates of $0.52 by $0.11. The business had revenue of $461.58 million during the quarter, compared to the consensus estimate of $452.68 million. Vornado Realty Trust had a return on equity of 1.60% and a net margin of 3.94%. The firm's quarterly revenue was up 5.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.55 earnings per share. As a group, equities analysts expect that Vornado Realty Trust will post 2.31 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently commented on VNO. Compass Point lifted their target price on shares of Vornado Realty Trust from $40.00 to $44.00 and gave the stock a "neutral" rating in a research report on Wednesday, February 12th. Morgan Stanley lifted 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. The Goldman Sachs Group lifted their price target on shares of Vornado Realty Trust from $27.00 to $30.00 and gave the company a "sell" rating in a research report on Tuesday, February 25th. Wall Street Zen raised shares of Vornado Realty Trust from a "sell" rating to a "hold" rating in a report on Thursday, May 15th. Finally, Barclays lifted their price objective on shares of Vornado Realty Trust from $31.00 to $32.00 and gave the stock an "underweight" rating in a report on Friday, March 14th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat.com, Vornado Realty Trust presently has an average rating of "Hold" and a consensus price target of $38.09.

Vornado Realty Trust Profile

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