UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Has $42.36 Million Stock Holdings in Vornado Realty Trust $VNO

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC decreased its stake in Vornado Realty Trust (NYSE:VNO) by 2.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,145,176 shares of the real estate investment trust’s stock after selling 25,591 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned 0.60% of Vornado Realty Trust worth $42,360,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in VNO. Twin Tree Management LP boosted its position in shares of Vornado Realty Trust by 102.1% during the 1st quarter. Twin Tree Management LP now owns 785 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 38,585 shares in the last quarter. UMB Bank n.a. lifted its holdings in shares of Vornado Realty Trust by 67.7% in the first quarter. UMB Bank n.a. now owns 1,295 shares of the real estate investment trust’s stock valued at $48,000 after purchasing an additional 523 shares in the last quarter. Assetmark Inc. lifted its holdings in shares of Vornado Realty Trust by 23.3% in the first quarter. Assetmark Inc. now owns 1,835 shares of the real estate investment trust’s stock valued at $68,000 after purchasing an additional 347 shares in the last quarter. Friedenthal Financial bought a new position in shares of Vornado Realty Trust in the first quarter valued at approximately $75,000. Finally, Fifth Third Bancorp lifted its holdings in shares of Vornado Realty Trust by 16.4% in the first quarter. Fifth Third Bancorp now owns 2,214 shares of the real estate investment trust’s stock valued at $82,000 after purchasing an additional 312 shares in the last quarter. Institutional investors and hedge funds own 90.02% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Haim Chera sold 30,000 shares of the company’s stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $39.64, for a total value of $1,189,200.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 8.42% of the stock is owned by corporate insiders.

Vornado Realty Trust Price Performance

Shares of NYSE VNO opened at $42.98 on Monday. The firm has a market capitalization of $8.25 billion, a P/E ratio of 10.64, a P/E/G ratio of 5.46 and a beta of 1.58. The company has a quick ratio of 6.82, a current ratio of 6.82 and a debt-to-equity ratio of 1.40. The stock’s 50-day simple moving average is $38.47 and its two-hundred day simple moving average is $37.89. Vornado Realty Trust has a twelve month low of $29.68 and a twelve month high of $46.63.

Vornado Realty Trust (NYSE:VNO) last announced its earnings results on Monday, August 4th. The real estate investment trust reported $0.56 earnings per share for the quarter, topping analysts’ consensus estimates of $0.53 by $0.03. The business had revenue of $441.44 million for the quarter, compared to analyst estimates of $468.79 million. Vornado Realty Trust had a return on equity of 19.64% and a net margin of 48.49%.The company’s quarterly revenue was down 2.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.57 EPS. As a group, equities analysts anticipate that Vornado Realty Trust will post 2.31 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on VNO. Evercore ISI dropped their price target on Vornado Realty Trust from $45.00 to $44.00 and set an “outperform” rating on the stock in a report on Wednesday, August 6th. Scotiabank dropped their price target on Vornado Realty Trust from $45.00 to $40.00 and set a “sector perform” rating on the stock in a report on Thursday, August 28th. Citigroup upgraded Vornado Realty Trust from a “sell” rating to a “neutral” rating and boosted their target price for the company from $34.00 to $42.00 in a research note on Friday. Barclays upped their price target on Vornado Realty Trust from $32.00 to $33.00 and gave the company an “underweight” rating in a research report on Thursday, August 21st. Finally, Truist Financial lifted their price objective on Vornado Realty Trust from $38.00 to $40.00 and gave the stock a “hold” rating in a report on Friday. Two equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Vornado Realty Trust currently has an average rating of “Hold” and a consensus price target of $38.45.

Vornado Realty Trust Company Profile

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