Vornado Realty Trust (NYSE:VNO) Upgraded at StockNews.com

Vornado Realty Trust (NYSE:VNO - Get Free Report) was upgraded by research analysts at StockNews.com from a "sell" rating to a "hold" rating in a report released on Thursday.

VNO has been the topic of several other research reports. Compass Point raised their target price on Vornado Realty Trust from $40.00 to $44.00 and gave the stock a "neutral" rating in a research report on Wednesday, February 12th. Piper Sandler lowered their price target on Vornado Realty Trust from $44.00 to $38.00 and set a "neutral" rating for the company in a research report on Thursday, April 10th. The Goldman Sachs Group increased their price target on Vornado Realty Trust from $27.00 to $30.00 and gave the company a "sell" rating in a report on Tuesday, February 25th. Barclays upped their price objective on Vornado Realty Trust from $31.00 to $32.00 and gave the company an "underweight" rating in a research note on Friday, March 14th. Finally, 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. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $38.00.

Vornado Realty Trust Stock Performance

VNO stock traded down $0.12 during trading on Thursday, hitting $39.10. 12,707 shares of the company traded hands, compared to its average volume of 1,610,529. The company has a debt-to-equity ratio of 1.98, a current ratio of 4.59 and a quick ratio of 4.59. The company has a market cap of $7.50 billion, a PE ratio of 975.63, a P/E/G ratio of 9.69 and a beta of 1.47. The stock's 50-day simple moving average is $36.43 and its 200 day simple moving average is $39.93. 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 released its earnings results on Monday, May 5th. The real estate investment trust reported $0.63 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.52 by $0.11. The business had revenue of $461.58 million during 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 company's revenue for the quarter was up 5.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.55 earnings per share. On average, equities analysts expect that Vornado Realty Trust will post 2.31 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. UMB Bank n.a. lifted its holdings in 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 last quarter. Signaturefd LLC boosted 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 in the last quarter. Assetmark Inc. raised its holdings in Vornado Realty Trust by 23.8% during the fourth quarter. Assetmark Inc. now owns 1,488 shares of the real estate investment trust's stock worth $63,000 after buying an additional 286 shares during the last quarter. Compound Planning Inc. increased its position in shares of Vornado Realty Trust by 4.4% during the first quarter. Compound Planning Inc. now owns 7,341 shares of the real estate investment trust's stock valued at $272,000 after acquiring an additional 311 shares during the last quarter. Finally, Fifth Third Bancorp increased its position in shares of Vornado Realty Trust by 16.4% during the 1st quarter. Fifth Third Bancorp now owns 2,214 shares of the real estate investment trust's stock valued at $82,000 after purchasing an additional 312 shares during the last quarter. 90.02% of the stock is owned by institutional investors and hedge funds.

Vornado Realty Trust Company Profile

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