Vornado Realty Trust $VNO Shares Purchased by Candriam S.C.A.

Candriam S.C.A. boosted its position in Vornado Realty Trust (NYSE:VNO) by 173.8% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 785,413 shares of the real estate investment trust’s stock after acquiring an additional 498,564 shares during the period. Candriam S.C.A. owned about 0.41% of Vornado Realty Trust worth $31,833,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in VNO. Westside Investment Management Inc. grew its position in shares of Vornado Realty Trust by 100.0% in the third quarter. Westside Investment Management Inc. now owns 886 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 443 shares during the period. Quent Capital LLC acquired a new stake in Vornado Realty Trust in the 3rd quarter worth about $39,000. Spire Wealth Management grew its holdings in Vornado Realty Trust by 19.6% in the 3rd quarter. Spire Wealth Management now owns 1,680 shares of the real estate investment trust’s stock valued at $68,000 after buying an additional 275 shares during the period. Hantz Financial Services Inc. increased its stake in shares of Vornado Realty Trust by 238.9% during the 3rd quarter. Hantz Financial Services Inc. now owns 2,047 shares of the real estate investment trust’s stock valued at $83,000 after acquiring an additional 1,443 shares during the last quarter. Finally, Skandinaviska Enskilda Banken AB publ acquired a new position in shares of Vornado Realty Trust during the 2nd quarter valued at about $111,000. Hedge funds and other institutional investors own 90.02% of the company’s stock.

Vornado Realty Trust Price Performance

Shares of NYSE VNO opened at $31.00 on Tuesday. The company has a debt-to-equity ratio of 1.42, a current ratio of 5.58 and a quick ratio of 5.58. Vornado Realty Trust has a 1-year low of $29.68 and a 1-year high of $45.37. The company has a market capitalization of $5.95 billion, a price-to-earnings ratio of 7.38, a PEG ratio of 5.42 and a beta of 1.52. The business has a 50-day moving average of $33.37 and a 200-day moving average of $36.61.

Vornado Realty Trust (NYSE:VNO) last released its quarterly earnings results on Monday, February 9th. The real estate investment trust reported $0.55 EPS for the quarter, missing the consensus estimate of $0.57 by ($0.02). The company had revenue of $453.71 million for the quarter, compared to analyst estimates of $440.23 million. Vornado Realty Trust had a return on equity of 19.48% and a net margin of 49.91%.The business’s revenue was down .9% on a year-over-year basis. During the same period last year, the firm posted $0.61 earnings per share. On average, equities analysts anticipate that Vornado Realty Trust will post 2.31 EPS for the current fiscal year.

Vornado Realty Trust Dividend Announcement

The company also recently announced an annual dividend, which was paid on Monday, December 29th. Stockholders of record on Thursday, December 18th were paid a $0.74 dividend. The ex-dividend date was Thursday, December 18th. This represents a dividend yield of 220.0%. Vornado Realty Trust’s dividend payout ratio is 17.62%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. JPMorgan Chase & Co. upgraded shares of Vornado Realty Trust from an “underweight” rating to a “neutral” rating and set a $41.00 target price for the company in a report on Monday, November 24th. LADENBURG THALM/SH SH began coverage on shares of Vornado Realty Trust in a report on Monday, October 13th. They issued a “buy” rating and a $48.00 price target on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Vornado Realty Trust in a research note on Monday, December 29th. Mizuho cut their target price on Vornado Realty Trust from $43.00 to $40.00 and set an “outperform” rating on the stock in a research report on Friday, December 12th. Finally, Scotiabank reduced their target price on Vornado Realty Trust from $38.00 to $36.00 and set a “sector perform” rating on the stock in a report on Wednesday, January 14th. 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. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $38.31.

Vornado Realty Trust Company Profile

Vornado Realty Trust is a self‐administered real estate investment trust focused on the ownership, management and redevelopment of office and retail properties. As a fully integrated REIT, the company oversees leasing, property management, building operations and strategic capital improvements designed to enhance asset value and tenant experience. Vornado’s business model emphasizes long‐term cash flow generation through stable rental income and disciplined portfolio optimization.

The company’s core portfolio is concentrated in New York City, where it holds a diverse mix of office towers and street‐level retail assets in prominent submarkets such as Midtown and the Penn Plaza corridor.