Jones Financial Companies Lllp Has $205,000 Stock Position in Vornado Realty Trust (NYSE:VNO)

Jones Financial Companies Lllp lowered its position in Vornado Realty Trust (NYSE:VNO) by 9.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,879 shares of the real estate investment trust’s stock after selling 520 shares during the quarter. Jones Financial Companies Lllp’s holdings in Vornado Realty Trust were worth $205,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. UMB Bank n.a. lifted its position in shares of Vornado Realty Trust by 53.2% during the 4th quarter. UMB Bank n.a. now owns 772 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 268 shares during the period. Thrivent Financial for Lutherans increased its position in Vornado Realty Trust by 0.7% during the third quarter. Thrivent Financial for Lutherans now owns 38,933 shares of the real estate investment trust’s stock worth $1,534,000 after buying an additional 272 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Vornado Realty Trust by 0.4% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 69,315 shares of the real estate investment trust’s stock valued at $2,731,000 after purchasing an additional 299 shares during the last quarter. CIBC Asset Management Inc grew its position in Vornado Realty Trust by 5.8% during the fourth quarter. CIBC Asset Management Inc now owns 5,950 shares of the real estate investment trust’s stock worth $250,000 after buying an additional 324 shares in the last quarter. Finally, GAMMA Investing LLC lifted its stake in Vornado Realty Trust by 8.1% during the fourth quarter. GAMMA Investing LLC now owns 4,768 shares of the real estate investment trust’s stock worth $200,000 after purchasing an additional 356 shares during the last quarter. Institutional investors own 90.02% of the company’s stock.

Vornado Realty Trust Stock Performance

Shares of NYSE VNO opened at $35.30 on Friday. The company has a debt-to-equity ratio of 1.98, a quick ratio of 4.59 and a current ratio of 4.59. The company has a market capitalization of $6.74 billion, a PE ratio of 882.43, a price-to-earnings-growth ratio of 9.69 and a beta of 1.60. Vornado Realty Trust has a 1 year low of $22.42 and a 1 year high of $46.63. The company’s fifty day moving average price is $40.90 and its 200 day moving average price is $40.69.

Vornado Realty Trust (NYSE:VNO) last released its quarterly earnings data on Monday, February 10th. The real estate investment trust reported $0.61 earnings per share (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%. On average, research analysts predict that Vornado Realty Trust will post 2.31 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. StockNews.com raised Vornado Realty Trust from a “sell” rating to a “hold” rating in a research report on Thursday, February 13th. Mizuho raised shares of Vornado Realty Trust from a “neutral” rating to an “outperform” rating and lifted their price target for the stock from $38.00 to $48.00 in a report on Tuesday, January 7th. Compass Point lifted 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 note on Wednesday, February 12th. The Goldman Sachs Group upped 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, February 25th. Finally, Truist Financial upped their price objective on shares of Vornado Realty Trust from $31.00 to $40.00 and gave the company a “hold” rating in a research note on Wednesday, December 4th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $38.55.

About Vornado Realty Trust

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