26,482 Shares in Vornado Realty Trust (NYSE:VNO) Purchased by Harvest Investment Services LLC

Harvest Investment Services LLC purchased a new stake in shares of Vornado Realty Trust (NYSE:VNO - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 26,482 shares of the real estate investment trust's stock, valued at approximately $1,113,000.

Other large investors also recently modified their holdings of the company. FNY Investment Advisers LLC purchased a new position in shares of Vornado Realty Trust during the 4th quarter valued at $4,015,000. JPMorgan Chase & Co. boosted its holdings in shares of Vornado Realty Trust by 232.8% in the third quarter. JPMorgan Chase & Co. now owns 3,529,069 shares of the real estate investment trust's stock worth $139,045,000 after acquiring an additional 2,468,652 shares during the period. Principal Financial Group Inc. grew its position in shares of Vornado Realty Trust by 428.3% in the third quarter. Principal Financial Group Inc. now owns 2,820,958 shares of the real estate investment trust's stock valued at $111,146,000 after purchasing an additional 2,286,997 shares in the last quarter. UMB Bank n.a. raised its stake in shares of Vornado Realty Trust by 53.2% during the 4th quarter. UMB Bank n.a. now owns 772 shares of the real estate investment trust's stock valued at $32,000 after purchasing an additional 268 shares during the period. Finally, Oppenheimer & Co. Inc. purchased a new stake in shares of Vornado Realty Trust in the fourth quarter worth about $235,000. Hedge funds and other institutional investors own 90.02% of the company's stock.

Analyst Ratings Changes

Several research analysts have commented on the stock. StockNews.com raised shares of Vornado Realty Trust from a "sell" rating to a "hold" rating in a report on Thursday, February 13th. Morgan Stanley boosted their target price on 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. Compass Point boosted their price objective on Vornado Realty Trust from $40.00 to $44.00 and gave the stock a "neutral" rating in a report on Wednesday, February 12th. The Goldman Sachs Group upped their price objective on shares of Vornado Realty Trust from $27.00 to $30.00 and gave the stock a "sell" rating in a research report on Tuesday, February 25th. Finally, Barclays lifted their target price on shares of Vornado Realty Trust from $31.00 to $32.00 and gave the company an "underweight" rating in a research report on Friday, March 14th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, Vornado Realty Trust has a consensus rating of "Hold" and an average price target of $38.00.

Vornado Realty Trust Trading Up 0.7 %

VNO stock traded up $0.25 during trading on Friday, hitting $35.74. 1,002,120 shares of the company traded hands, compared to its average volume of 1,662,113. 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 50-day moving average of $36.86 and a 200-day moving average of $40.39. The firm has a market capitalization of $6.86 billion, a PE ratio of 893.50, a P/E/G ratio of 9.69 and a beta of 1.49. Vornado Realty Trust has a 1 year low of $22.42 and a 1 year high of $46.63.

Vornado Realty Trust (NYSE:VNO - Get Free Report) last issued its earnings results on Monday, February 10th. The real estate investment trust reported $0.61 EPS for the quarter, topping the consensus estimate of ($0.05) by $0.66. Vornado Realty Trust had a net margin of 3.94% and a return on equity of 1.60%. Analysts predict 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.