2 weeks Ago By Defense World Staff
Envestnet Portfolio Solutions Inc. cut its position in shares of Vornado Realty Trust ( NYSE:VNO – Free Report ) by 5.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission.
The firm owned 13,267 shares of the real estate investment trust’s stock after selling 708 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Vornado Realty Trust were worth $558,000 at the end of the most recent reporting period.
A number of other hedge funds have also bought and sold shares of VNO. UMB Bank n.a.
lifted its stake in Vornado Realty Trust by 53.2% in the fourth quarter. UMB Bank n.
a. now owns 772 shares of the real estate investment trust’s stock valued at $32,000 after buying an additional 268 shares during the period. Thrivent Financial for Lutherans lifted its position in shares of Vornado Realty Trust by 0.
7% during the 3rd quarter. Thrivent Financial for Lutherans now owns 38,933 shares of the real estate investment trust’s stock valued at $1,534,000 after acquiring an additional 272 shares during the period. Assetmark Inc.
boosted its stake 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 acquiring an additional 286 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Vornado Realty Trust by 0.4% in the third quarter.
Zurcher Kantonalbank Zurich Cantonalbank now owns 69,315 shares of the real estate investment trust’s stock worth $2,731,000 after purchasing an additional 299 shares during the period. Finally, CIBC Asset Management Inc raised its holdings in shares of Vornado Realty Trust by 5.8% during the fourth quarter.
CIBC Asset Management Inc now owns 5,950 shares of the real estate investment trust’s stock valued at $250,000 after purchasing an additional 324 shares during the period. Institutional investors own 90.02% of the company’s stock.
Analyst Ratings Changes Several analysts have recently commented on the company. Truist Financial raised their target price on Vornado Realty Trust from $31.00 to $40.
00 and gave the company a “hold” rating in a research note on Wednesday, December 4th. StockNews.com upgraded Vornado Realty Trust from a “sell” rating to a “hold” rating in a report on Thursday, February 13th.
Compass Point increased their target price 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 boosted their price target on shares of Vornado Realty Trust from $27.00 to $30.00 and gave the company a “sell” rating in a research note on Tuesday, February 25th.
Finally, Barclays raised their price objective on shares of Vornado Realty Trust from $31.00 to $32.00 and gave the company an “underweight” rating in a research note on Friday, March 14th.
Two analysts have rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, Vornado Realty Trust currently has a consensus rating of “Hold” and a consensus target price of $38.
55. Vornado Realty Trust Stock Down 0.3 % Vornado Realty Trust stock opened at $39.
31 on Wednesday. Vornado Realty Trust has a fifty-two week low of $22.42 and a fifty-two week high of $46.
63. 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 firm’s 50-day simple moving average is $40.
50 and its 200 day simple moving average is $40.95. The stock has a market cap of $7.
50 billion, a PE ratio of 982.75, a price-to-earnings-growth ratio of 9.69 and a beta of 1.
60. Vornado Realty Trust ( NYSE:VNO – Get Free Report ) last announced its earnings results on Monday, February 10th. The real estate investment trust reported $0.
61 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.66.
Vornado Realty Trust had a return on equity of 1.60% and a net margin of 3.94%.
Research analysts predict that Vornado Realty Trust will post 2.31 EPS for the current fiscal year. Vornado Realty Trust Company Profile ( Free Report ) Vornado Realty Trust is a fully – integrated equity real estate investment trust.
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