Natixis Advisors LLC Purchases 1,180 Shares of Vornado Realty Trust (NYSE:VNO)

Natixis Advisors LLC lifted its position in Vornado Realty Trust (NYSE:VNO) by 6.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,682 shares of the real estate investment trust’s stock after acquiring an additional 1,180 shares during the quarter. Natixis Advisors LLC’s holdings in Vornado Realty Trust were worth $736,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in VNO. Bank of Montreal Can raised its holdings in Vornado Realty Trust by 2,229.1% in the second quarter. Bank of Montreal Can now owns 855,572 shares of the real estate investment trust’s stock worth $22,502,000 after purchasing an additional 818,838 shares in the last quarter. Hsbc Holdings PLC raised its holdings in Vornado Realty Trust by 33.3% in the second quarter. Hsbc Holdings PLC now owns 483,598 shares of the real estate investment trust’s stock worth $12,553,000 after purchasing an additional 120,902 shares in the last quarter. Atria Investments Inc bought a new position in Vornado Realty Trust in the first quarter worth about $1,429,000. Wealth Enhancement Advisory Services LLC raised its holdings in Vornado Realty Trust by 598.7% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 90,640 shares of the real estate investment trust’s stock worth $2,383,000 after purchasing an additional 77,668 shares in the last quarter. Finally, Raymond James & Associates raised its holdings in Vornado Realty Trust by 38.5% in the third quarter. Raymond James & Associates now owns 196,307 shares of the real estate investment trust’s stock worth $7,735,000 after purchasing an additional 54,539 shares in the last quarter. 90.02% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on VNO shares. Barclays boosted their target price on shares of Vornado Realty Trust from $27.00 to $34.00 and gave the stock an “underweight” rating in a report on Monday, October 28th. The Goldman Sachs Group boosted their target price on shares of Vornado Realty Trust from $21.50 to $23.75 and gave the stock a “sell” rating in a report on Thursday, September 12th. Bank of America upped their price objective on shares of Vornado Realty Trust from $26.00 to $35.00 and gave the company a “neutral” rating in a report on Thursday, August 22nd. Compass Point upped their price objective on shares of Vornado Realty Trust from $32.00 to $40.00 and gave the company a “neutral” rating in a report on Wednesday, November 6th. Finally, StockNews.com upgraded shares of Vornado Realty Trust to a “sell” rating in a report on Tuesday, November 12th. Four analysts have rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $34.07.

Vornado Realty Trust Price Performance

Shares of NYSE VNO opened at $43.43 on Thursday. The business’s 50 day moving average price is $41.31 and its 200 day moving average price is $33.09. The firm has a market cap of $8.28 billion, a P/E ratio of -151.67 and a beta of 1.64. Vornado Realty Trust has a 52 week low of $21.16 and a 52 week high of $46.63. The company has a quick ratio of 4.97, a current ratio of 4.97 and a debt-to-equity ratio of 1.93.

Vornado Realty Trust (NYSE:VNO) last issued its earnings results on Monday, November 4th. The real estate investment trust reported ($0.10) EPS for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.61). The firm had revenue of $443.26 million during the quarter, compared to analysts’ expectations of $445.07 million. Vornado Realty Trust had a net margin of 0.46% and a return on equity of 1.72%. Vornado Realty Trust’s quarterly revenue was down 1.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.66 EPS. On average, sell-side analysts expect that Vornado Realty Trust will post 2.16 earnings per share for the current year.

Vornado Realty Trust Company Profile

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