Vornado Realty Trust $VNO Shares Acquired by American Century Companies Inc.

American Century Companies Inc. boosted its holdings in Vornado Realty Trust (NYSE:VNO) by 12.8% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 443,834 shares of the real estate investment trust’s stock after buying an additional 50,285 shares during the period. American Century Companies Inc. owned approximately 0.23% of Vornado Realty Trust worth $16,972,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Franklin Resources Inc. raised its stake in shares of Vornado Realty Trust by 0.9% in the 2nd quarter. Franklin Resources Inc. now owns 12,034,746 shares of the real estate investment trust’s stock valued at $460,209,000 after acquiring an additional 105,062 shares during the period. JPMorgan Chase & Co. increased its holdings in Vornado Realty Trust by 88.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 5,004,461 shares of the real estate investment trust’s stock valued at $191,371,000 after purchasing an additional 2,344,037 shares in the last quarter. Invesco Ltd. raised its position in Vornado Realty Trust by 34.0% in the first quarter. Invesco Ltd. now owns 4,203,184 shares of the real estate investment trust’s stock valued at $155,476,000 after purchasing an additional 1,067,284 shares during the period. Deutsche Bank AG raised its position in Vornado Realty Trust by 21.3% in the first quarter. Deutsche Bank AG now owns 2,952,900 shares of the real estate investment trust’s stock valued at $109,228,000 after purchasing an additional 517,773 shares during the period. Finally, Northern Trust Corp lifted its stake in shares of Vornado Realty Trust by 1.8% during the first quarter. Northern Trust Corp now owns 2,790,326 shares of the real estate investment trust’s stock worth $103,214,000 after purchasing an additional 49,197 shares in the last quarter. 90.02% of the stock is currently owned by hedge funds and other institutional investors.

Vornado Realty Trust Trading Down 0.6%

Shares of NYSE VNO opened at $36.53 on Wednesday. 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 moving average price is $37.86 and its two-hundred day moving average price is $38.52. Vornado Realty Trust has a 52-week low of $29.68 and a 52-week high of $46.52. The stock has a market capitalization of $7.02 billion, a P/E ratio of 9.04, a PEG ratio of 4.57 and a beta of 1.47.

Vornado Realty Trust (NYSE:VNO) last issued its earnings results on Monday, November 3rd. The real estate investment trust reported $0.57 EPS for the quarter, topping the consensus estimate of $0.55 by $0.02. Vornado Realty Trust had a return on equity of 19.64% and a net margin of 48.49%.The company had revenue of $453.70 million during the quarter, compared to analyst estimates of $435.19 million. During the same quarter last year, the firm earned $0.52 EPS. The business’s revenue was up 2.4% on a year-over-year basis. On average, analysts anticipate that Vornado Realty Trust will post 2.31 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Vornado Realty Trust news, EVP Haim Chera sold 30,000 shares of the business’s stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $39.64, for a total transaction of $1,189,200.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 8.42% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

VNO has been the subject of a number of recent research reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Vornado Realty Trust in a research note on Friday. Scotiabank reduced their price target on Vornado Realty Trust from $40.00 to $38.00 and set a “sector perform” rating on the stock in a research report on Thursday, November 13th. Barclays increased 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. JPMorgan Chase & Co. upgraded shares of Vornado Realty Trust from an “underweight” rating to a “neutral” rating and set a $41.00 price objective on the stock in a research note on Monday, November 24th. Finally, Truist Financial boosted their target price on shares of Vornado Realty Trust from $38.00 to $40.00 and gave the stock a “hold” rating in a research report on Friday, September 12th. Three investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $39.31.

Vornado Realty Trust Company Profile

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