Vornado Realty Trust (NYSE:VNO) Position Boosted by Lighthouse Investment Partners LLC

Lighthouse Investment Partners LLC lifted its holdings in shares of Vornado Realty Trust (NYSE:VNO - Free Report) by 4.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 260,000 shares of the real estate investment trust's stock after buying an additional 10,000 shares during the period. Lighthouse Investment Partners LLC owned approximately 0.14% of Vornado Realty Trust worth $10,930,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Tidal Investments LLC acquired a new position in Vornado Realty Trust during the 3rd quarter valued at about $258,000. FNY Investment Advisers LLC bought a new position in shares of Vornado Realty Trust in the fourth quarter valued at approximately $4,015,000. Oak Thistle LLC acquired a new position in shares of Vornado Realty Trust during the fourth quarter valued at approximately $683,000. Park Avenue Securities LLC raised its holdings in Vornado Realty Trust by 20.7% during the fourth quarter. Park Avenue Securities LLC now owns 11,441 shares of the real estate investment trust's stock worth $481,000 after purchasing an additional 1,960 shares in the last quarter. Finally, HB Wealth Management LLC raised its holdings in Vornado Realty Trust by 48.2% during the fourth quarter. HB Wealth Management LLC now owns 11,128 shares of the real estate investment trust's stock worth $468,000 after purchasing an additional 3,621 shares in the last quarter. 90.02% of the stock is owned by institutional investors.

Vornado Realty Trust Trading Up 0.7%

Shares of VNO traded up $0.27 during midday trading on Thursday, hitting $39.41. The stock had a trading volume of 764,439 shares, compared to its average volume of 1,625,296. The business has a 50-day simple moving average of $36.30 and a two-hundred day simple moving average of $40.03. The firm has a market cap of $7.56 billion, a P/E ratio of 985.25, a price-to-earnings-growth ratio of 9.69 and a beta of 1.47. The company has a current ratio of 4.59, a quick ratio of 4.59 and a debt-to-equity ratio of 1.98. Vornado Realty Trust has a fifty-two week low of $22.42 and a fifty-two week 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 EPS for the quarter, topping analysts' consensus estimates of $0.52 by $0.11. Vornado Realty Trust had a net margin of 3.94% and a return on equity of 1.60%. The firm had revenue of $461.58 million during the quarter, compared to analyst estimates of $452.68 million. During the same quarter last year, the business posted $0.55 EPS. The company's revenue was up 5.8% on a year-over-year basis. As a group, equities analysts forecast that Vornado Realty Trust will post 2.31 EPS for the current year.

Analyst Ratings Changes

VNO has been the topic of several research analyst reports. The Goldman Sachs Group lifted their price target on Vornado Realty Trust from $27.00 to $30.00 and gave the company a "sell" rating in a research report on Tuesday, February 25th. Barclays lifted their target price on Vornado Realty Trust from $31.00 to $32.00 and gave the stock an "underweight" rating in a report on Friday, March 14th. StockNews.com raised shares of Vornado Realty Trust from a "sell" rating to a "hold" rating in a report on Thursday. Morgan Stanley lifted their price objective on shares of Vornado Realty Trust from $26.00 to $28.00 and gave the stock an "equal weight" rating in a research note on Friday, March 14th. Finally, Piper Sandler cut their target price on shares of Vornado Realty Trust from $44.00 to $38.00 and set a "neutral" rating for the company in a research note on Thursday, April 10th. 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 stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $38.00.

Vornado Realty Trust Profile

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