Atomi Financial Group Inc. boosted its position in shares of Vornado Realty Trust (NYSE:VNO – Free Report) by 11.2% in the 4th quarter, HoldingsChannel reports. The firm owned 7,030 shares of the real estate investment trust’s stock after buying an additional 707 shares during the period. Atomi Financial Group Inc.’s holdings in Vornado Realty Trust were worth $296,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Quantbot Technologies LP lifted its position in shares of Vornado Realty Trust by 112.0% during the third quarter. Quantbot Technologies LP now owns 130,258 shares of the real estate investment trust’s stock worth $5,132,000 after purchasing an additional 68,813 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Vornado Realty Trust by 232.8% in the third quarter. JPMorgan Chase & Co. now owns 3,529,069 shares of the real estate investment trust’s stock worth $139,045,000 after acquiring an additional 2,468,652 shares in the last quarter. FNY Investment Advisers LLC bought a new position in Vornado Realty Trust in the fourth quarter valued at approximately $4,015,000. Raymond James & Associates boosted its holdings in shares of Vornado Realty Trust by 38.5% in the third quarter. Raymond James & Associates now owns 196,307 shares of the real estate investment trust’s stock valued at $7,735,000 after buying an additional 54,539 shares during the period. Finally, Principal Financial Group Inc. increased its holdings in Vornado Realty Trust by 428.3% during 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. 90.02% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms recently weighed in on VNO. Evercore ISI raised their target price on shares of Vornado Realty Trust from $40.00 to $45.00 and gave the company an “outperform” rating in a research report on Wednesday, November 6th. Mizuho raised Vornado Realty Trust from a “neutral” rating to an “outperform” rating and lifted their price target for the stock from $38.00 to $48.00 in a report on Tuesday, January 7th. Barclays upped their target price on Vornado Realty Trust from $27.00 to $34.00 and gave the company an “underweight” rating in a research report on Monday, October 28th. Piper Sandler restated a “neutral” rating and set a $44.00 target price (up from $30.00) on shares of Vornado Realty Trust in a research note on Friday, October 18th. Finally, Scotiabank upped their price target on shares of Vornado Realty Trust from $33.00 to $38.00 and gave the stock a “sector perform” rating in a report on Friday, October 25th. Three analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company. According to MarketBeat, Vornado Realty Trust presently has a consensus rating of “Hold” and an average price target of $37.61.

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Vornado Realty Trust Trading Up 0.2 %

Shares of VNO stock opened at $41.98 on Monday. The stock has a 50 day simple moving average of $42.14 and a two-hundred day simple moving average of $38.30. The company has a market cap of $8.00 billion, a P/E ratio of -144.77 and a beta of 1.62. The company has a debt-to-equity ratio of 1.93, a quick ratio of 4.97 and a current ratio of 4.97. 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 released its quarterly earnings data on Monday, November 4th. The real estate investment trust reported ($0.10) EPS for the quarter, missing the consensus estimate of $0.51 by ($0.61). Vornado Realty Trust had a net margin of 0.46% and a return on equity of 1.72%. The firm had revenue of $443.26 million for the quarter, compared to the consensus estimate of $445.07 million. During the same quarter in the prior year, the firm earned $0.66 EPS. The company’s revenue was down 1.7% compared to the same quarter last year. Research analysts forecast that Vornado Realty Trust will post 2.16 earnings per share for the current year.

Vornado Realty Trust Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 16th were given a dividend of $0.74 per share. The ex-dividend date of this dividend was Monday, December 16th. This represents a $2.96 annualized dividend and a dividend yield of 7.05%. This is a boost from Vornado Realty Trust’s previous quarterly dividend of $0.30. Vornado Realty Trust’s dividend payout ratio (DPR) is currently -255.17%.

Vornado Realty Trust Company Profile

(Free Report)

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

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Institutional Ownership by Quarter for Vornado Realty Trust (NYSE:VNO)



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