3 days Ago By ABMN Staff
CIBC Private Wealth Group LLC lowered its position in Vornado Realty Trust ( NYSE:VNO – Free Report ) by 9.8% during the fourth quarter, Holdings Channel reports. The institutional investor owned 5,047 shares of the real estate investment trust’s stock after selling 550 shares during the quarter.
CIBC Private Wealth Group LLC’s holdings in Vornado Realty Trust were worth $202,000 as of its most recent SEC filing. Other large investors have also recently modified their holdings of the company. FNY Investment Advisers LLC purchased a new position in Vornado Realty Trust in the fourth quarter worth $4,015,000.
JPMorgan Chase & Co. lifted its holdings in shares of Vornado Realty Trust by 232.8% during the 3rd quarter.
JPMorgan Chase & Co. now owns 3,529,069 shares of the real estate investment trust’s stock valued at $139,045,000 after purchasing an additional 2,468,652 shares during the last quarter. Principal Financial Group Inc.
boosted its position in shares of Vornado Realty Trust by 428.3% in the 3rd quarter. Principal Financial Group Inc.
now owns 2,820,958 shares of the real estate investment trust’s stock worth $111,146,000 after purchasing an additional 2,286,997 shares in the last quarter. UMB Bank n.a.
grew its stake 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 worth $32,000 after buying an additional 268 shares during the last quarter. Finally, Oppenheimer & Co.
Inc. acquired a new position in Vornado Realty Trust during the 4th quarter valued at about $235,000. Institutional investors own 90.
02% of the company’s stock. Vornado Realty Trust Stock Down 2.8 % Vornado Realty Trust stock opened at $32.
96 on Monday. Vornado Realty Trust has a 52 week low of $22.42 and a 52 week high of $46.
63. The firm has a market cap of $6.29 billion, a price-to-earnings ratio of 823.
98, a price-to-earnings-growth ratio of 9.69 and a beta of 1.49.
The business’s 50-day moving average price is $39.71 and its 200 day moving average price is $41.03.
The company has a quick ratio of 4.59, a current ratio of 4.59 and a debt-to-equity ratio of 1.
98. Wall Street Analyst Weigh In Several brokerages have weighed in on VNO. Morgan Stanley raised their price target on Vornado Realty Trust from $26.
00 to $28.00 and gave the stock an “equal weight” rating in a report on Friday, March 14th. Compass Point lifted their target price on shares of Vornado Realty Trust from $40.
00 to $44.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 12th. Mizuho raised shares of Vornado Realty Trust from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $38.
00 to $48.00 in a research report on Tuesday, January 7th. The Goldman Sachs Group raised their price target on shares of Vornado Realty Trust from $27.
00 to $30.00 and gave the stock a “sell” rating in a report on Tuesday, February 25th. Finally, StockNews.
com raised shares of Vornado Realty Trust from a “sell” rating to a “hold” rating in a report on Thursday, February 13th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.
com, the company presently has a consensus rating of “Hold” and a consensus price target of $38.55. Read Our Latest Research Report on Vornado Realty Trust Vornado Realty Trust Profile ( Free Report ) Vornado Realty Trust is a fully – integrated equity real estate investment trust.
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