Vornado Realty Trust (NYSE:VNO) Shares Acquired by Cetera Investment Advisers

Cetera Investment Advisers grew its holdings in shares of Vornado Realty Trust (NYSE:VNO) by 3.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 15,329 shares of the real estate investment trust’s stock after purchasing an additional 520 shares during the period. Cetera Investment Advisers’ holdings in Vornado Realty Trust were worth $644,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Brevan Howard Capital Management LP acquired a new stake in Vornado Realty Trust in the 4th quarter valued at about $459,000. Captrust Financial Advisors increased its stake in shares of Vornado Realty Trust by 12.5% during the 4th quarter. Captrust Financial Advisors now owns 24,602 shares of the real estate investment trust’s stock worth $1,034,000 after purchasing an additional 2,729 shares during the last quarter. Cary Street Partners Financial LLC acquired a new stake in shares of Vornado Realty Trust in the fourth quarter worth about $590,000. Bamco Inc. NY boosted its position in Vornado Realty Trust by 27.8% during the fourth quarter. Bamco Inc. NY now owns 2,443,712 shares of the real estate investment trust’s stock worth $102,734,000 after purchasing an additional 531,353 shares during the period. Finally, Mercer Global Advisors Inc. ADV bought a new stake in shares of Vornado Realty Trust during the 4th quarter worth $3,166,000. 90.02% of the stock is owned by institutional investors and hedge funds.

Vornado Realty Trust Trading Down 0.2%

NYSE:VNO opened at $37.09 on Monday. The business’s 50-day simple moving average is $36.48 and its 200-day simple moving average is $39.78. The company has a debt-to-equity ratio of 1.98, a current ratio of 4.59 and a quick ratio of 4.59. Vornado Realty Trust has a fifty-two week low of $22.42 and a fifty-two week high of $46.63. The stock has a market capitalization of $7.12 billion, a PE ratio of 927.15, a price-to-earnings-growth ratio of 9.69 and a beta of 1.47.

Vornado Realty Trust (NYSE:VNO) last released its quarterly earnings results on Monday, May 5th. The real estate investment trust reported $0.63 earnings per share for the quarter, topping analysts’ consensus estimates of $0.52 by $0.11. Vornado Realty Trust had a return on equity of 1.60% and a net margin of 3.94%. The firm had revenue of $461.58 million during the quarter, compared to the consensus estimate of $452.68 million. During the same quarter in the prior year, the firm posted $0.55 EPS. The business’s revenue was up 5.8% on a year-over-year basis. Sell-side analysts expect that Vornado Realty Trust will post 2.31 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on VNO. Wall Street Zen upgraded shares of Vornado Realty Trust from a “sell” rating to a “hold” rating in a research note on Thursday, May 15th. Barclays increased their price objective on Vornado Realty Trust from $31.00 to $32.00 and gave the stock an “underweight” rating in a research note on Friday, March 14th. Piper Sandler increased their price target on Vornado Realty Trust from $38.00 to $39.00 and gave the stock a “neutral” rating in a research report on Friday. The Goldman Sachs Group upped their target price on shares of Vornado Realty Trust from $27.00 to $30.00 and gave the stock a “sell” rating in a research report on Tuesday, February 25th. Finally, Morgan Stanley raised their target price on shares of Vornado Realty Trust from $26.00 to $28.00 and gave the company an “equal weight” rating in a research note on Friday, March 14th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $38.09.

Vornado Realty Trust Company Profile

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