1,909 Shares in Vornado Realty Trust (NYSE:VNO) Acquired by Fidelis Capital Partners LLC

Fidelis Capital Partners LLC purchased a new position in shares of Vornado Realty Trust (NYSE:VNOFree Report) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 1,909 shares of the real estate investment trust’s stock, valued at approximately $55,000.

Other hedge funds have also added to or reduced their stakes in the company. Pinebridge Investments L.P. acquired a new position in Vornado Realty Trust in the 4th quarter valued at $2,320,000. Waterloo Capital L.P. bought a new stake in shares of Vornado Realty Trust during the 4th quarter valued at $2,410,000. Rheos Capital Works Inc. lifted its position in shares of Vornado Realty Trust by 55.1% during the 4th quarter. Rheos Capital Works Inc. now owns 318,000 shares of the real estate investment trust’s stock valued at $8,984,000 after acquiring an additional 113,000 shares during the period. National Bank of Canada FI lifted its position in shares of Vornado Realty Trust by 5.6% during the 4th quarter. National Bank of Canada FI now owns 850,000 shares of the real estate investment trust’s stock valued at $24,395,000 after acquiring an additional 44,700 shares during the period. Finally, Cibc World Markets Corp lifted its position in shares of Vornado Realty Trust by 14.9% during the 4th quarter. Cibc World Markets Corp now owns 413,568 shares of the real estate investment trust’s stock valued at $11,683,000 after acquiring an additional 53,568 shares during the period. 90.02% of the stock is owned by institutional investors and hedge funds.

Vornado Realty Trust Price Performance

Shares of VNO opened at $26.30 on Tuesday. Vornado Realty Trust has a 12-month low of $17.97 and a 12-month high of $32.21. The business has a 50-day simple moving average of $24.95 and a two-hundred day simple moving average of $26.28. The company has a quick ratio of 4.97, a current ratio of 4.97 and a debt-to-equity ratio of 1.81. The stock has a market cap of $5.01 billion, a PE ratio of 175.35 and a beta of 1.64.

Analyst Ratings Changes

A number of analysts have recently weighed in on VNO shares. Scotiabank cut their target price on Vornado Realty Trust from $24.00 to $23.00 and set a “sector perform” rating for the company in a research report on Thursday, May 16th. Morgan Stanley upgraded Vornado Realty Trust from an “underweight” rating to an “equal weight” rating and upped their target price for the company from $24.00 to $26.00 in a research report on Thursday, March 28th. Compass Point dropped their price objective on Vornado Realty Trust from $28.00 to $27.00 and set a “neutral” rating for the company in a research report on Wednesday, May 8th. Piper Sandler dropped their price objective on Vornado Realty Trust from $25.00 to $22.00 and set an “underweight” rating for the company in a research report on Monday, May 13th. Finally, Barclays dropped their price objective on Vornado Realty Trust from $22.00 to $21.00 and set an “underweight” rating for the company in a research report on Friday, May 24th. Six equities research analysts have rated the stock with a sell rating and six have issued a hold rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $24.27.

Check Out Our Latest Report on Vornado Realty Trust

About Vornado Realty Trust

(Free Report)

Vornado is a fully integrated real estate investment trust (REIT) with a portfolio of premier New York City office and retail assets and the developer of the new PENN DISTRICT. While concentrated in New York, Vornado also owns the premier assets in both Chicago and San Francisco. Vornado is a real estate industry leader in sustainability, with over 27 million square feet of LEED-certified buildings and over 23 million square feet at LEED Gold or Platinum.

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

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