O Shaughnessy Asset Management LLC Buys 2,205 Shares of Vornado Realty Trust (NYSE:VNO)

O Shaughnessy Asset Management LLC increased its stake in Vornado Realty Trust (NYSE:VNO) by 33.5% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,795 shares of the real estate investment trust’s stock after acquiring an additional 2,205 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Vornado Realty Trust were worth $370,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in VNO. UMB Bank n.a. boosted its holdings 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 in the last quarter. Assetmark Inc. boosted its stake 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 in the last quarter. CIBC Asset Management Inc grew its position in Vornado Realty Trust by 5.8% during the fourth 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. GAMMA Investing LLC lifted its holdings in shares of Vornado Realty Trust by 8.1% in the 4th quarter. GAMMA Investing LLC now owns 4,768 shares of the real estate investment trust’s stock worth $200,000 after acquiring an additional 356 shares during the last quarter. Finally, Arizona State Retirement System boosted its stake in shares of Vornado Realty Trust by 0.8% in the 4th quarter. Arizona State Retirement System now owns 46,995 shares of the real estate investment trust’s stock valued at $1,976,000 after purchasing an additional 373 shares in the last quarter. Institutional investors own 90.02% of the company’s stock.

Analysts Set New Price Targets

Several analysts have weighed in on the stock. Compass Point boosted their price target on shares of Vornado Realty Trust from $40.00 to $44.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 12th. Piper Sandler lowered their target price on Vornado Realty Trust from $44.00 to $38.00 and set a “neutral” rating for the company in a research note on Thursday. The Goldman Sachs Group raised their price target 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. 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 research report on Tuesday, January 7th. Finally, 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. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, Vornado Realty Trust presently has a consensus rating of “Hold” and an average target price of $38.00.

Vornado Realty Trust Stock Up 0.9 %

Shares of Vornado Realty Trust stock opened at $33.19 on Friday. The company has a current ratio of 4.59, a quick 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 company has a market cap of $6.33 billion, a P/E ratio of 829.75, a PEG ratio of 9.69 and a beta of 1.49. The company’s fifty day simple moving average is $38.45 and its two-hundred day simple moving average is $40.72.

Vornado Realty Trust (NYSE:VNO) last released its quarterly earnings results on Monday, February 10th. The real estate investment trust reported $0.61 earnings per share (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%. Research analysts anticipate that Vornado Realty Trust will post 2.31 EPS for the current year.

Vornado Realty Trust Company Profile

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