Sanctuary Advisors LLC Has $782,000 Stake in Vornado Realty Trust (NYSE:VNO)

Sanctuary Advisors LLC lifted its stake in shares of Vornado Realty Trust (NYSE:VNO) by 17.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 18,365 shares of the real estate investment trust’s stock after buying an additional 2,746 shares during the period. Sanctuary Advisors LLC’s holdings in Vornado Realty Trust were worth $782,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in VNO. ORG Wealth Partners LLC bought a new stake in shares of Vornado Realty Trust in the 4th quarter worth approximately $32,000. UMB Bank n.a. grew its holdings in shares of Vornado Realty Trust by 53.2% during the fourth quarter. UMB Bank n.a. now owns 772 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 268 shares in the last quarter. Versant Capital Management Inc raised its stake in Vornado Realty Trust by 1,014.0% in the fourth quarter. Versant Capital Management Inc now owns 958 shares of the real estate investment trust’s stock valued at $40,000 after purchasing an additional 872 shares in the last quarter. Blue Trust Inc. lifted its position in Vornado Realty Trust by 331.0% during the third quarter. Blue Trust Inc. now owns 1,099 shares of the real estate investment trust’s stock valued at $43,000 after purchasing an additional 844 shares during the last quarter. Finally, Assetmark Inc. grew its stake in Vornado Realty Trust by 122.2% in the 3rd quarter. Assetmark Inc. now owns 1,202 shares of the real estate investment trust’s stock worth $47,000 after buying an additional 661 shares in the last quarter. Hedge funds and other institutional investors own 90.02% of the company’s stock.

Analyst Ratings Changes

VNO has been the topic of several research reports. Compass Point raised their price objective on shares of Vornado Realty Trust from $40.00 to $44.00 and gave the company a “neutral” rating in a research report on Wednesday, February 12th. Mizuho upgraded Vornado Realty Trust from a “neutral” rating to an “outperform” rating and increased their price objective for the company from $38.00 to $48.00 in a research report on Tuesday, January 7th. StockNews.com raised shares of Vornado Realty Trust from a “sell” rating to a “hold” rating in a research note on Thursday, February 13th. The Goldman Sachs Group lifted their target price on shares of Vornado Realty Trust from $27.00 to $30.00 and gave the stock a “sell” rating in a research report on Tuesday. Finally, Evercore ISI raised their price objective on Vornado Realty Trust from $40.00 to $45.00 and gave the company an “outperform” rating in a research note on Wednesday, November 6th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $38.55.

Vornado Realty Trust Price Performance

Shares of Vornado Realty Trust stock opened at $41.09 on Friday. The company has a market cap of $7.84 billion, a PE ratio of 1,027.28, a P/E/G ratio of 9.69 and a beta of 1.62. The business has a 50 day moving average of $41.41 and a 200 day moving average of $40.22. Vornado Realty Trust has a 52 week low of $22.42 and a 52 week high of $46.63. The company has a quick ratio of 4.59, a current ratio of 4.59 and a debt-to-equity ratio of 1.98.

Vornado Realty Trust (NYSE:VNO) last issued its quarterly earnings data on Monday, February 10th. The real estate investment trust reported $0.61 EPS for the quarter, topping the consensus estimate of ($0.05) by $0.66. Vornado Realty Trust had a net margin of 3.94% and a return on equity of 1.60%. As a group, equities research analysts forecast that Vornado Realty Trust will post 2.31 earnings per share for the current year.

Vornado Realty Trust Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 16th were issued a dividend of $0.74 per share. This is an increase from Vornado Realty Trust’s previous quarterly dividend of $0.30. The ex-dividend date was Monday, December 16th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 7.20%. Vornado Realty Trust’s dividend payout ratio is 1,850.00%.

Vornado Realty Trust Profile

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