Vornado Realty Trust (NYSE:VNO) Position Increased by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Vornado Realty Trust (NYSE:VNO) by 51.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 105,125 shares of the real estate investment trust’s stock after acquiring an additional 35,810 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank owned about 0.06% of Vornado Realty Trust worth $4,419,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in VNO. Arjuna Capital boosted its stake in Vornado Realty Trust by 84.0% in the 4th quarter. Arjuna Capital now owns 13,060 shares of the real estate investment trust’s stock worth $549,000 after purchasing an additional 5,962 shares during the period. Edgestream Partners L.P. purchased a new stake in shares of Vornado Realty Trust in the fourth quarter valued at $4,232,000. Callan Family Office LLC acquired a new stake in shares of Vornado Realty Trust in the fourth quarter worth $205,000. Raymond James Financial Inc. purchased a new position in shares of Vornado Realty Trust during the fourth quarter valued at $11,357,000. Finally, Arizona State Retirement System raised its position in 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 valued at $1,976,000 after buying an additional 373 shares during the period. Institutional investors and hedge funds own 90.02% of the company’s stock.

Wall Street Analyst Weigh In

VNO has been the subject of a number of research reports. The Goldman Sachs Group raised their price objective 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. Truist Financial raised their price target on shares of Vornado Realty Trust from $31.00 to $40.00 and gave the stock a “hold” rating in a report on Wednesday, December 4th. Compass Point upped 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. Barclays lifted their target price on shares of Vornado Realty Trust from $31.00 to $32.00 and gave the company an “underweight” rating in a research note on Friday. Finally, StockNews.com upgraded shares of Vornado Realty Trust from a “sell” rating to a “hold” rating in a report on Thursday, February 13th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $38.55.

Vornado Realty Trust Trading Up 3.7 %

Vornado Realty Trust stock opened at $36.71 on Friday. Vornado Realty Trust has a one year low of $22.42 and a one year high of $46.63. The company’s fifty day moving average price is $40.76 and its two-hundred day moving average price is $40.65. 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 company has a market capitalization of $7.01 billion, a price-to-earnings ratio of 917.63, a PEG ratio of 9.69 and a beta of 1.60.

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

Vornado Realty Trust Company Profile

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