Vanguard Personalized Indexing Management LLC Has $1.39 Million Holdings in Vornado Realty Trust (NYSE:VNO)

Vanguard Personalized Indexing Management LLC decreased its position in Vornado Realty Trust (NYSE:VNOFree Report) by 32.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 49,158 shares of the real estate investment trust’s stock after selling 23,764 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Vornado Realty Trust were worth $1,389,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Contravisory Investment Management Inc. bought a new position in Vornado Realty Trust in the fourth quarter valued at $26,000. Financial Gravity Asset Management Inc. grew its holdings in shares of Vornado Realty Trust by 8,355.6% in the 3rd quarter. Financial Gravity Asset Management Inc. now owns 1,522 shares of the real estate investment trust’s stock valued at $35,000 after acquiring an additional 1,504 shares in the last quarter. Turtle Creek Wealth Advisors LLC acquired a new stake in shares of Vornado Realty Trust in the fourth quarter valued at about $40,000. Bruce G. Allen Investments LLC bought a new stake in Vornado Realty Trust during the fourth quarter worth about $50,000. Finally, Principal Securities Inc. acquired a new position in Vornado Realty Trust during the fourth quarter valued at approximately $58,000. 90.02% of the stock is currently owned by institutional investors.

Vornado Realty Trust Price Performance

Shares of NYSE VNO opened at $24.73 on Friday. The firm has a market cap of $4.71 billion, a P/E ratio of 164.88 and a beta of 1.57. The business’s 50 day moving average is $26.48 and its 200-day moving average is $26.22. The company has a current ratio of 4.97, a quick ratio of 4.97 and a debt-to-equity ratio of 1.81. Vornado Realty Trust has a 1-year low of $12.82 and a 1-year high of $32.21.

Analysts Set New Price Targets

Several research analysts have weighed in on VNO shares. Piper Sandler lowered their price target on Vornado Realty Trust from $25.00 to $22.00 and set an “underweight” rating on the stock in a research report on Monday, May 13th. Evercore ISI dropped their price target on shares of Vornado Realty Trust from $28.00 to $26.00 and set an “underperform” rating on the stock in a research report on Thursday, February 15th. Barclays assumed coverage on shares of Vornado Realty Trust in a research report on Wednesday, March 27th. They issued an “underweight” rating and a $22.00 price objective for the company. Scotiabank lowered their price objective on shares of Vornado Realty Trust from $24.00 to $23.00 and set a “sector perform” rating on the stock in a research note on Thursday. Finally, Morgan Stanley upgraded shares of Vornado Realty Trust from an “underweight” rating to an “equal weight” rating and raised their target price for the company from $24.00 to $26.00 in a research note on Thursday, March 28th. Six research analysts have rated the stock with a sell rating and six have assigned a hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $24.55.

Check Out Our Latest Analysis on VNO

Vornado Realty Trust Profile

(Free Report)

Vornado is a fully integrated real estate investment trust (REIT) with a portfolio of premier New York City office and retail assets and the developer of the new PENN DISTRICT. While concentrated in New York, Vornado also owns the premier assets in both Chicago and San Francisco. Vornado is a real estate industry leader in sustainability, with over 27 million square feet of LEED-certified buildings and over 23 million square feet at LEED Gold or Platinum.

See Also

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Institutional Ownership by Quarter for Vornado Realty Trust (NYSE:VNO)

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