Vornado Realty Trust (NYSE:VNO) Shares Sold by BNP Paribas Financial Markets

BNP Paribas Financial Markets decreased its holdings in shares of Vornado Realty Trust (NYSE:VNO - Free Report) by 39.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 71,170 shares of the real estate investment trust's stock after selling 46,531 shares during the quarter. BNP Paribas Financial Markets' holdings in Vornado Realty Trust were worth $2,992,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Norges Bank acquired a new stake in shares of Vornado Realty Trust during the fourth quarter worth $729,073,000. Franklin Resources Inc. boosted its holdings in shares of Vornado Realty Trust by 7.1% during the fourth quarter. Franklin Resources Inc. now owns 11,899,686 shares of the real estate investment trust's stock worth $500,263,000 after purchasing an additional 792,100 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in shares of Vornado Realty Trust by 3.2% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 8,888,449 shares of the real estate investment trust's stock worth $373,672,000 after purchasing an additional 278,409 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in shares of Vornado Realty Trust by 126.8% during the fourth quarter. Principal Financial Group Inc. now owns 6,396,551 shares of the real estate investment trust's stock worth $268,912,000 after purchasing an additional 3,575,593 shares during the last quarter. Finally, Invesco Ltd. boosted its holdings in shares of Vornado Realty Trust by 111.3% during the fourth quarter. Invesco Ltd. now owns 3,135,900 shares of the real estate investment trust's stock worth $131,833,000 after purchasing an additional 1,651,819 shares during the last quarter. Institutional investors and hedge funds own 90.02% of the company's stock.

Vornado Realty Trust Trading Up 0.7%

NYSE:VNO opened at $39.41 on Friday. The business's 50-day moving average is $36.33 and its two-hundred day moving average is $40.00. The company has a debt-to-equity ratio of 1.98, a current ratio of 4.59 and a quick ratio of 4.59. Vornado Realty Trust has a 12 month low of $22.42 and a 12 month high of $46.63. The firm has a market capitalization of $7.56 billion, a PE ratio of 985.25, a price-to-earnings-growth ratio of 9.69 and a beta of 1.47.

Vornado Realty Trust (NYSE:VNO - Get Free Report) last released its quarterly earnings data on Monday, May 5th. The real estate investment trust reported $0.63 EPS for the quarter, beating the consensus estimate of $0.52 by $0.11. Vornado Realty Trust had a return on equity of 1.60% and a net margin of 3.94%. The company had revenue of $461.58 million for the quarter, compared to analyst estimates of $452.68 million. During the same period last year, the company posted $0.55 earnings per share. The firm's revenue was up 5.8% compared to the same quarter last year. Research analysts predict that Vornado Realty Trust will post 2.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

VNO has been the topic of several research reports. The Goldman Sachs Group increased their target price on Vornado Realty Trust from $27.00 to $30.00 and gave the stock a "sell" rating in a research report on Tuesday, February 25th. Piper Sandler cut their target price on Vornado Realty Trust from $44.00 to $38.00 and set a "neutral" rating on the stock in a research report on Thursday, April 10th. StockNews.com raised Vornado Realty Trust from a "sell" rating to a "hold" rating in a research report on Thursday. Morgan Stanley increased 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. Finally, Barclays increased their target price on Vornado Realty Trust from $31.00 to $32.00 and gave the stock an "underweight" rating in a research report on Friday, March 14th. Two research 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's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $38.00.

Vornado Realty Trust Profile

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

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