100,661 Shares in Vornado Realty Trust (NYSE:VNO) Bought by Edgestream Partners L.P.

Edgestream Partners L.P. purchased a new position in Vornado Realty Trust (NYSE:VNO) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 100,661 shares of the real estate investment trust’s stock, valued at approximately $4,232,000. Edgestream Partners L.P. owned about 0.05% of Vornado Realty Trust as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Callan Family Office LLC bought a new stake in Vornado Realty Trust in the fourth quarter worth $205,000. Raymond James Financial Inc. bought a new stake in shares of Vornado Realty Trust during the fourth quarter worth $11,357,000. Arizona State Retirement System lifted its position in shares of Vornado Realty Trust by 0.8% during the fourth quarter. Arizona State Retirement System now owns 46,995 shares of the real estate investment trust’s stock worth $1,976,000 after purchasing an additional 373 shares during the last quarter. Proficio Capital Partners LLC bought a new stake in shares of Vornado Realty Trust during the fourth quarter worth $4,809,000. Finally, Cbre Investment Management Listed Real Assets LLC lifted its position in shares of Vornado Realty Trust by 444.8% during the fourth quarter. Cbre Investment Management Listed Real Assets LLC now owns 471,956 shares of the real estate investment trust’s stock worth $19,841,000 after purchasing an additional 385,333 shares during the last quarter. 90.02% of the stock is currently owned by institutional investors.

Vornado Realty Trust Price Performance

VNO opened at $39.77 on Friday. The business’s 50-day moving average is $41.21 and its two-hundred day moving average is $40.53. Vornado Realty Trust has a 1 year low of $22.42 and a 1 year high of $46.63. The company has a debt-to-equity ratio of 1.98, a current ratio of 4.59 and a quick ratio of 4.59. 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.

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

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on VNO. Compass Point lifted their target price on Vornado Realty Trust from $40.00 to $44.00 and gave the stock 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 lifted their target price for the stock from $38.00 to $48.00 in a research report on Tuesday, January 7th. Truist Financial lifted their target price on Vornado Realty Trust from $31.00 to $40.00 and gave the stock a “hold” rating in a research report on Wednesday, December 4th. The Goldman Sachs Group lifted their target price on 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, StockNews.com upgraded Vornado Realty Trust from a “sell” rating to a “hold” rating in a research note on Thursday, February 13th. 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 MarketBeat, Vornado Realty Trust currently has an average rating of “Hold” and a consensus target price of $38.55.

About Vornado Realty Trust

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