Vornado Realty Trust $VNO Shares Purchased by Woodline Partners LP

Key Points

• Woodline Partners LP significantly increased its holdings in Vornado Realty Trust by 214.9%, acquiring an additional 409,362 shares in the first quarter, bringing its total ownership to 599,874 shares.
• Vornado Realty Trust reported a quarterly EPS of $0.56, exceeding analyst expectations, but its revenue declined by 2% year-over-year.
• Institutions and hedge funds control 90.02% of Vornado Realty Trust's stock, highlighting strong institutional interest in the company.

Woodline Partners LP lifted its position in Vornado Realty Trust (NYSE:VNO - Free Report) by 214.9% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 599,874 shares of the real estate investment trust's stock after acquiring an additional 409,362 shares during the quarter. Woodline Partners LP owned 0.31% of Vornado Realty Trust worth $22,189,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Signaturefd LLC raised its position in shares of Vornado Realty Trust by 1.4% during the 1st quarter. Signaturefd LLC now owns 20,482 shares of the real estate investment trust's stock worth $758,000 after purchasing an additional 282 shares during the period. Compound Planning Inc. increased its position in Vornado Realty Trust by 4.4% in the first quarter. Compound Planning Inc. now owns 7,341 shares of the real estate investment trust's stock worth $272,000 after buying an additional 311 shares during the period. Fifth Third Bancorp lifted its stake in Vornado Realty Trust by 16.4% in the first quarter. Fifth Third Bancorp now owns 2,214 shares of the real estate investment trust's stock valued at $82,000 after buying an additional 312 shares during the last quarter. Norinchukin Bank The boosted its holdings in shares of Vornado Realty Trust by 4.7% during the first quarter. Norinchukin Bank The now owns 7,664 shares of the real estate investment trust's stock valued at $283,000 after acquiring an additional 341 shares during the period. Finally, Vident Advisory LLC grew its position in shares of Vornado Realty Trust by 4.7% during the fourth quarter. Vident Advisory LLC now owns 7,667 shares of the real estate investment trust's stock worth $322,000 after acquiring an additional 344 shares during the last quarter. Institutional investors and hedge funds own 90.02% of the company's stock.

Insider Transactions at Vornado Realty Trust

In other Vornado Realty Trust news, EVP Haim Chera sold 30,000 shares of the stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $39.64, for a total transaction of $1,189,200.00. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 8.42% of the company's stock.

Vornado Realty Trust Trading Up 1.3%

NYSE:VNO opened at $40.42 on Thursday. The company has a market capitalization of $7.76 billion, a P/E ratio of 10.00, a P/E/G ratio of 5.08 and a beta of 1.58. The stock's 50 day moving average price is $38.28 and its 200 day moving average price is $37.88. The company has a debt-to-equity ratio of 1.40, a quick ratio of 6.82 and a current ratio of 6.82. Vornado Realty Trust has a 52 week low of $29.68 and a 52 week high of $46.63.

Vornado Realty Trust (NYSE:VNO - Get Free Report) last posted its earnings results on Monday, August 4th. The real estate investment trust reported $0.56 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.53 by $0.03. Vornado Realty Trust had a net margin of 48.49% and a return on equity of 19.64%. The firm had revenue of $441.44 million during the quarter, compared to analysts' expectations of $468.79 million. During the same period in the previous year, the company earned $0.57 earnings per share. The company's revenue was down 2.0% compared to the same quarter last year. On average, research analysts forecast that Vornado Realty Trust will post 2.31 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently weighed in on VNO. Wall Street Zen upgraded Vornado Realty Trust from a "sell" rating to a "hold" rating in a report on Thursday, May 15th. Bank of America decreased their target price on Vornado Realty Trust from $42.00 to $40.00 and set a "neutral" rating for the company in a research report on Monday, August 25th. 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 report on Monday, July 14th. Evercore ISI lowered their price objective on shares of Vornado Realty Trust from $45.00 to $44.00 and set an "outperform" rating on the stock in a research report on Wednesday, August 6th. Finally, Truist Financial increased their target price on shares of Vornado Realty Trust from $37.00 to $38.00 and gave the stock a "hold" rating in a research report on Tuesday, June 3rd. Two equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $37.90.

About Vornado Realty Trust

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

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