US Bancorp DE Has $786,000 Stock Holdings in Vornado Realty Trust $VNO

US Bancorp DE boosted its holdings in shares of Vornado Realty Trust (NYSE:VNO) by 1.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 20,545 shares of the real estate investment trust’s stock after buying an additional 259 shares during the period. US Bancorp DE’s holdings in Vornado Realty Trust were worth $786,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of VNO. Teacher Retirement System of Texas purchased a new stake in shares of Vornado Realty Trust in the first quarter valued at about $876,000. GAMMA Investing LLC grew its position in Vornado Realty Trust by 18.2% during the first quarter. GAMMA Investing LLC now owns 5,636 shares of the real estate investment trust’s stock valued at $208,000 after buying an additional 868 shares during the period. Fifth Third Bancorp grew its position in Vornado Realty Trust by 16.4% during the first quarter. Fifth Third Bancorp now owns 2,214 shares of the real estate investment trust’s stock valued at $82,000 after buying an additional 312 shares during the period. Acadian Asset Management LLC bought a new position in Vornado Realty Trust during the first quarter valued at about $3,341,000. Finally, Victory Capital Management Inc. increased its stake in shares of Vornado Realty Trust by 208.8% in the first quarter. Victory Capital Management Inc. now owns 101,054 shares of the real estate investment trust’s stock worth $3,738,000 after purchasing an additional 68,324 shares in the last quarter. Institutional investors and hedge funds own 90.02% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Truist Financial raised their price objective on shares of Vornado Realty Trust from $38.00 to $40.00 and gave the company a “hold” rating in a research report on Friday, September 12th. LADENBURG THALM/SH SH assumed coverage on shares of Vornado Realty Trust in a research report on Monday, October 13th. They issued a “buy” rating and a $48.00 price objective for the company. Weiss Ratings restated a “hold (c+)” rating on shares of Vornado Realty Trust in a research report on Wednesday, October 8th. Barclays raised their price objective on shares of 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, Citigroup raised shares of Vornado Realty Trust from a “sell” rating to a “neutral” rating and raised their target price for the company from $34.00 to $42.00 in a research note on Friday, September 12th. Three research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Vornado Realty Trust has an average rating of “Hold” and a consensus target price of $39.42.

Insiders Place Their Bets

In related news, EVP Haim Chera sold 30,000 shares of Vornado Realty Trust stock in a transaction on Thursday, September 4th. The shares were 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 SEC, which is available at the SEC website. 8.42% of the stock is currently owned by company insiders.

Vornado Realty Trust Stock Down 0.8%

Shares of NYSE VNO opened at $39.19 on Friday. The company has a quick ratio of 6.82, a current ratio of 6.82 and a debt-to-equity ratio of 1.40. Vornado Realty Trust has a 52 week low of $29.68 and a 52 week high of $46.63. The firm’s fifty day moving average is $39.52 and its 200 day moving average is $38.29. The company has a market cap of $7.53 billion, a price-to-earnings ratio of 9.70, a PEG ratio of 4.76 and a beta of 1.59.

Vornado Realty Trust (NYSE:VNO) last issued its earnings results on Monday, August 4th. The real estate investment trust reported $0.56 EPS for the quarter, topping the consensus estimate of $0.53 by $0.03. Vornado Realty Trust had a net margin of 48.49% and a return on equity of 19.64%. The company had revenue of $441.44 million for the quarter, compared to the consensus estimate of $468.79 million. During the same period in the previous year, the firm earned $0.57 earnings per share. The firm’s revenue for the quarter was down 2.0% on a year-over-year basis. On average, equities research analysts expect that Vornado Realty Trust will post 2.31 earnings per share for the current year.

Vornado Realty Trust Company Profile

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