Vornado Realty Trust (NYSE:VNO) Position Raised by Swiss National Bank

Swiss National Bank boosted its position in Vornado Realty Trust (NYSE:VNO) by 0.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 318,517 shares of the real estate investment trust’s stock after purchasing an additional 2,500 shares during the period. Swiss National Bank owned approximately 0.17% of Vornado Realty Trust worth $13,390,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VNO. UMB Bank n.a. grew its stake in shares of Vornado Realty Trust by 53.2% in the 4th quarter. UMB Bank n.a. now owns 772 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 268 shares during the last quarter. Thrivent Financial for Lutherans boosted its holdings 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 in the last quarter. Assetmark Inc. grew its position in Vornado Realty Trust by 23.8% in the fourth quarter. Assetmark Inc. now owns 1,488 shares of the real estate investment trust’s stock worth $63,000 after buying an additional 286 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings 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 buying an additional 299 shares in the last quarter. Finally, CIBC Asset Management Inc lifted its position in shares of Vornado Realty Trust by 5.8% during the 4th quarter. CIBC Asset Management Inc now owns 5,950 shares of the real estate investment trust’s stock valued at $250,000 after acquiring an additional 324 shares during the last quarter. 90.02% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. 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 report on Tuesday, January 7th. 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 report on Tuesday, February 25th. Morgan Stanley raised their target price on shares of Vornado Realty Trust from $26.00 to $28.00 and gave the stock an “equal weight” rating in a report on Friday, March 14th. Compass Point boosted their price target on shares of Vornado Realty Trust from $40.00 to $44.00 and gave the company a “neutral” rating in a report on Wednesday, February 12th. Finally, Barclays raised their price objective on shares of Vornado Realty Trust from $31.00 to $32.00 and gave the stock an “underweight” rating in a research note on Friday, March 14th. Two 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. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $38.55.

Vornado Realty Trust Trading Up 2.5 %

Shares of NYSE:VNO opened at $38.69 on Thursday. The firm has a fifty day moving average of $40.53 and a two-hundred day moving average of $40.81. 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. The firm has a market capitalization of $7.38 billion, a P/E ratio of 967.15, a price-to-earnings-growth ratio of 9.69 and a beta of 1.60.

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, 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, equities analysts expect that Vornado Realty Trust will post 2.31 EPS for the current fiscal year.

Vornado Realty Trust Company Profile

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