Xponance Inc. Boosts Stock Position in Vornado Realty Trust (NYSE:VNO)

Xponance Inc. boosted its holdings in shares of Vornado Realty Trust (NYSE:VNO) by 6.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 20,133 shares of the real estate investment trust’s stock after purchasing an additional 1,296 shares during the quarter. Xponance Inc.’s holdings in Vornado Realty Trust were worth $846,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Franklin Resources Inc. lifted its stake in shares of Vornado Realty Trust by 5.6% in the 3rd quarter. Franklin Resources Inc. now owns 11,107,586 shares of the real estate investment trust’s stock valued at $444,859,000 after purchasing an additional 592,412 shares during the last quarter. Principal Financial Group Inc. lifted its position in Vornado Realty Trust by 126.8% in the fourth quarter. Principal Financial Group Inc. now owns 6,396,551 shares of the real estate investment trust’s stock worth $268,912,000 after buying an additional 3,575,593 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Vornado Realty Trust by 232.8% during the third quarter. JPMorgan Chase & Co. now owns 3,529,069 shares of the real estate investment trust’s stock worth $139,045,000 after buying an additional 2,468,652 shares during the period. Geode Capital Management LLC boosted its stake in Vornado Realty Trust by 1.3% during the third quarter. Geode Capital Management LLC now owns 3,106,295 shares of the real estate investment trust’s stock worth $122,417,000 after buying an additional 39,147 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its position in Vornado Realty Trust by 5.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,801,260 shares of the real estate investment trust’s stock valued at $110,370,000 after acquiring an additional 149,017 shares during the last quarter. Institutional investors own 90.02% of the company’s stock.

Vornado Realty Trust Trading Up 3.1 %

NYSE:VNO opened at $39.44 on Tuesday. The firm has a 50-day simple moving average of $40.50 and a 200-day simple moving average of $40.95. Vornado Realty Trust has a one year low of $22.42 and a one year high of $46.63. The firm has a market cap of $7.53 billion, a P/E ratio of 985.88, a P/E/G ratio of 9.69 and a beta of 1.60. The company has a debt-to-equity ratio of 1.98, a quick ratio of 4.59 and a current ratio of 4.59.

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, topping analysts’ consensus estimates of ($0.05) by $0.66. Vornado Realty Trust had a net margin of 3.94% and a return on equity of 1.60%. Equities analysts anticipate that Vornado Realty Trust will post 2.31 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. The Goldman Sachs Group lifted their price target on shares of Vornado Realty Trust from $27.00 to $30.00 and gave the stock a “sell” rating in a research note on Tuesday, February 25th. Truist Financial boosted their target price on Vornado Realty Trust from $31.00 to $40.00 and gave the company a “hold” rating in a research report on Wednesday, December 4th. Compass Point increased their price target on Vornado Realty Trust from $40.00 to $44.00 and gave the stock a “neutral” rating in a report on Wednesday, February 12th. Mizuho upgraded Vornado Realty Trust from a “neutral” rating to an “outperform” rating and boosted their price objective for the company from $38.00 to $48.00 in a report on Tuesday, January 7th. Finally, Morgan Stanley lifted their target price on Vornado Realty Trust from $26.00 to $28.00 and gave the stock an “equal weight” rating in a research report on Friday, March 14th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $38.55.

Vornado Realty Trust Company Profile

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