US Bancorp DE Boosts Holdings in Vornado Realty Trust (NYSE:VNO)

US Bancorp DE raised its stake in shares of Vornado Realty Trust (NYSE:VNO) by 6.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,664 shares of the real estate investment trust’s stock after purchasing an additional 1,135 shares during the period. US Bancorp DE’s holdings in Vornado Realty Trust were worth $785,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. ORG Wealth Partners LLC purchased a new position in Vornado Realty Trust during the fourth quarter valued at $32,000. UMB Bank n.a. lifted its holdings in 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 valued at $32,000 after purchasing an additional 268 shares in the last quarter. Versant Capital Management Inc raised its position in shares of 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 buying an additional 872 shares during the last quarter. Assetmark Inc. raised its position in shares of Vornado Realty Trust by 122.2% in the third quarter. Assetmark Inc. now owns 1,202 shares of the real estate investment trust’s stock valued at $47,000 after buying an additional 661 shares during the last quarter. Finally, Quarry LP acquired a new stake in shares of Vornado Realty Trust in the third quarter valued at about $54,000. 90.02% of the stock is owned by hedge funds and other institutional investors.

Vornado Realty Trust Trading Down 4.0 %

NYSE VNO opened at $38.17 on Tuesday. The firm has a 50 day simple moving average of $41.17 and a 200-day simple moving average of $40.67. The company has a debt-to-equity ratio of 1.98, a quick ratio of 4.59 and a current ratio of 4.59. Vornado Realty Trust has a one year low of $22.42 and a one year high of $46.63. The firm has a market cap of $7.28 billion, a price-to-earnings ratio of 954.23, a PEG ratio of 9.69 and a beta of 1.60.

Vornado Realty Trust (NYSE:VNO) last posted its quarterly earnings data on Monday, February 10th. The real estate investment trust reported $0.61 EPS for the quarter, beating 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%. Equities research analysts anticipate that Vornado Realty Trust will post 2.31 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on VNO. StockNews.com upgraded shares of Vornado Realty Trust from a “sell” rating to a “hold” rating in a research report on Thursday, February 13th. Compass Point increased their target price 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. The Goldman Sachs Group increased their target price on shares of Vornado Realty Trust from $27.00 to $30.00 and gave the company a “sell” rating in a research report on Tuesday, February 25th. Mizuho upgraded shares of Vornado Realty Trust from a “neutral” rating to an “outperform” rating and increased their target price for the company from $38.00 to $48.00 in a research report on Tuesday, January 7th. Finally, Truist Financial increased their target price on shares of Vornado Realty Trust from $31.00 to $40.00 and gave the company a “hold” rating in a research report on Wednesday, December 4th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $38.55.

About Vornado Realty Trust

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