Vornado Realty Trust $VNO Shares Purchased by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in shares of Vornado Realty Trust (NYSE:VNO) by 3.3% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 100,005 shares of the real estate investment trust’s stock after acquiring an additional 3,216 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned about 0.05% of Vornado Realty Trust worth $3,824,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of VNO. US Bancorp DE grew its holdings in shares of Vornado Realty Trust by 1.3% during the 2nd quarter. US Bancorp DE now owns 20,545 shares of the real estate investment trust’s stock worth $786,000 after purchasing an additional 259 shares during the period. Compound Planning Inc. lifted its position in Vornado Realty Trust by 4.4% during the first quarter. Compound Planning Inc. now owns 7,341 shares of the real estate investment trust’s stock valued at $272,000 after buying an additional 311 shares in the last quarter. Amalgamated Bank grew its stake in Vornado Realty Trust by 0.4% during the second quarter. Amalgamated Bank now owns 76,695 shares of the real estate investment trust’s stock worth $2,933,000 after buying an additional 314 shares during the period. ProShare Advisors LLC increased its position in shares of Vornado Realty Trust by 4.7% in the second quarter. ProShare Advisors LLC now owns 7,403 shares of the real estate investment trust’s stock worth $283,000 after acquiring an additional 330 shares in the last quarter. Finally, Norinchukin Bank The raised its stake in shares of Vornado Realty Trust by 4.7% in the 1st quarter. Norinchukin Bank The now owns 7,664 shares of the real estate investment trust’s stock valued at $283,000 after acquiring an additional 341 shares during the period. 90.02% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on VNO. Truist Financial upped their price target on shares of Vornado Realty Trust from $38.00 to $40.00 and gave the stock a “hold” rating in a research report on Friday, September 12th. Bank of America decreased their target price on Vornado Realty Trust from $42.00 to $40.00 and set a “neutral” rating for the company in a research report on Monday, August 25th. Evercore ISI raised their target price on Vornado Realty Trust from $44.00 to $46.00 and gave the company an “outperform” rating in a report on Monday, September 15th. LADENBURG THALM/SH SH began coverage on Vornado Realty Trust in a research report on Monday, October 13th. They set a “buy” rating and a $48.00 price target on the stock. Finally, Scotiabank lowered their price objective on shares of Vornado Realty Trust from $40.00 to $38.00 and set a “sector perform” rating for the company in a research report on Thursday, November 13th. Three investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $39.17.

Vornado Realty Trust Trading Up 0.7%

Shares of VNO opened at $33.32 on Wednesday. Vornado Realty Trust has a one year low of $29.68 and a one year high of $46.52. The stock has a 50-day moving average price of $39.08 and a 200 day moving average price of $38.75. The company has a debt-to-equity ratio of 1.40, a quick ratio of 6.82 and a current ratio of 6.82. The company has a market capitalization of $6.40 billion, a P/E ratio of 8.25, a P/E/G ratio of 4.57 and a beta of 1.57.

Vornado Realty Trust (NYSE:VNO) last announced its earnings results on Monday, November 3rd. The real estate investment trust reported $0.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.02. Vornado Realty Trust had a return on equity of 19.64% and a net margin of 48.49%.The company had revenue of $453.70 million for the quarter, compared to analyst estimates of $435.19 million. During the same period in the prior year, the company posted $0.52 EPS. Vornado Realty Trust’s quarterly revenue was up 2.4% on a year-over-year basis. Sell-side analysts forecast that Vornado Realty Trust will post 2.31 EPS for the current fiscal year.

Insider Transactions at Vornado Realty Trust

In other Vornado Realty Trust news, EVP Haim Chera sold 30,000 shares of the stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $39.64, for a total transaction of $1,189,200.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 8.42% of the stock is owned by corporate insiders.

Vornado Realty Trust Company Profile

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