Vornado Realty Trust (NYSE:VNO) Shares Sold by Atria Investments Inc

Atria Investments Inc lessened its holdings in shares of Vornado Realty Trust (NYSE:VNO) by 1.0% in the fourth quarter, HoldingsChannel reports. The fund owned 51,217 shares of the real estate investment trust’s stock after selling 508 shares during the period. Atria Investments Inc’s holdings in Vornado Realty Trust were worth $2,153,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently added to or reduced their stakes in VNO. US Bancorp DE boosted its position in Vornado Realty Trust by 1.8% during the 3rd quarter. US Bancorp DE now owns 17,529 shares of the real estate investment trust’s stock worth $691,000 after acquiring an additional 311 shares during the period. Farther Finance Advisors LLC boosted its position in Vornado Realty Trust by 42.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,229 shares of the real estate investment trust’s stock worth $88,000 after acquiring an additional 665 shares during the period. Van ECK Associates Corp boosted its position in Vornado Realty Trust by 10.1% during the 3rd quarter. Van ECK Associates Corp now owns 77,794 shares of the real estate investment trust’s stock worth $3,335,000 after acquiring an additional 7,144 shares during the period. Assetmark Inc. boosted its position in Vornado Realty Trust by 122.2% during the 3rd quarter. Assetmark Inc. now owns 1,202 shares of the real estate investment trust’s stock worth $47,000 after acquiring an additional 661 shares during the period. Finally, Entropy Technologies LP boosted its position in Vornado Realty Trust by 92.7% during the 3rd quarter. Entropy Technologies LP now owns 23,670 shares of the real estate investment trust’s stock worth $933,000 after acquiring an additional 11,386 shares during the period. Institutional investors and hedge funds own 90.02% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Truist Financial boosted their price objective on Vornado Realty Trust from $31.00 to $40.00 and gave the stock a “hold” rating in a research note on Wednesday, December 4th. Mizuho raised Vornado Realty Trust from a “neutral” rating to an “outperform” rating and boosted their price objective for the stock from $38.00 to $48.00 in a research note on Tuesday, January 7th. Compass Point boosted their price objective on Vornado Realty Trust from $40.00 to $44.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 12th. The Goldman Sachs Group boosted their price objective on Vornado Realty Trust from $27.00 to $30.00 and gave the stock a “sell” rating in a research note on Tuesday, February 25th. Finally, StockNews.com raised Vornado Realty Trust from a “sell” rating to a “hold” rating in a research note on Thursday, February 13th. Two investment 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. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $38.55.

Vornado Realty Trust Stock Up 4.1 %

Shares of Vornado Realty Trust stock opened at $39.77 on Monday. The stock’s fifty day moving average is $41.17 and its 200-day moving average is $40.62. The firm has a market capitalization of $7.59 billion, a PE ratio of 994.23, a price-to-earnings-growth ratio of 9.69 and a beta of 1.60. 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 has a 12-month low of $22.42 and a 12-month high of $46.63.

Vornado Realty Trust (NYSE:VNO) last announced its earnings results on Monday, February 10th. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.66. Vornado Realty Trust had a return on equity of 1.60% and a net margin of 3.94%. Equities analysts anticipate that Vornado Realty Trust will post 2.31 earnings per share for the current year.

Vornado Realty Trust Company Profile

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