190,512 Shares in Vornado Realty Trust (NYSE:VNO) Bought by Woodline Partners LP

Woodline Partners LP purchased a new position in shares of Vornado Realty Trust (NYSE:VNO - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 190,512 shares of the real estate investment trust's stock, valued at approximately $8,009,000. Woodline Partners LP owned about 0.10% of Vornado Realty Trust at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Zurich Insurance Group Ltd FI boosted its stake in shares of Vornado Realty Trust by 11.7% during the 4th quarter. Zurich Insurance Group Ltd FI now owns 500,367 shares of the real estate investment trust's stock worth $21,035,000 after purchasing an additional 52,276 shares during the last quarter. Vident Advisory LLC boosted its stake in shares of Vornado Realty Trust by 4.7% during the 4th quarter. Vident Advisory LLC now owns 7,667 shares of the real estate investment trust's stock worth $322,000 after purchasing an additional 344 shares during the last quarter. Quantinno Capital Management LP boosted its stake in shares of Vornado Realty Trust by 9.0% during the 4th quarter. Quantinno Capital Management LP now owns 80,704 shares of the real estate investment trust's stock worth $3,393,000 after purchasing an additional 6,654 shares during the last quarter. Malaga Cove Capital LLC acquired a new stake in shares of Vornado Realty Trust during the 4th quarter worth about $257,000. Finally, Nissay Asset Management Corp Japan ADV boosted its position in shares of Vornado Realty Trust by 4.0% in the fourth quarter. Nissay Asset Management Corp Japan ADV now owns 23,996 shares of the real estate investment trust's stock worth $1,003,000 after acquiring an additional 930 shares during the last quarter. 90.02% of the stock is owned by institutional investors and hedge funds.

Vornado Realty Trust Stock Down 0.8%

Shares of VNO traded down $0.31 during mid-day trading on Wednesday, reaching $37.61. 123,668 shares of the stock traded hands, compared to its average volume of 1,608,815. The firm has a market cap of $7.22 billion, a price-to-earnings ratio of 941.38, a P/E/G ratio of 9.69 and a beta of 1.47. The stock has a fifty day simple moving average of $36.43 and a 200 day simple moving average of $39.70. Vornado Realty Trust has a 12-month low of $22.42 and a 12-month high of $46.63. The company has a quick ratio of 4.59, a current ratio of 4.59 and a debt-to-equity ratio of 1.98.

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, beating analysts' consensus estimates of $0.52 by $0.11. The company had revenue of $461.58 million for the quarter, compared to analyst estimates of $452.68 million. Vornado Realty Trust had a net margin of 3.94% and a return on equity of 1.60%. The business's quarterly revenue was up 5.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.55 earnings per share. Sell-side analysts expect that Vornado Realty Trust will post 2.31 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on VNO shares. Morgan Stanley raised their target price on shares of Vornado Realty Trust from $26.00 to $28.00 and gave the stock an "equal weight" rating in a research report on Friday, March 14th. Wall Street Zen raised shares of Vornado Realty Trust from a "sell" rating to a "hold" rating in a research report on Thursday, May 15th. Barclays raised their target price on shares of Vornado Realty Trust from $31.00 to $32.00 and gave the stock an "underweight" rating in a research report on Friday, March 14th. Compass Point raised their price target 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. Finally, The Goldman Sachs Group raised their price target on shares of Vornado Realty Trust from $27.00 to $30.00 and gave the company a "sell" rating in a report on Tuesday, February 25th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $38.09.

Vornado Realty Trust Company Profile

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