Vornado Realty Trust (NYSE:VNO) Shares Purchased by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in shares of Vornado Realty Trust (NYSE:VNO) by 39.5% in the fourth quarter, HoldingsChannel reports. The firm owned 93,731 shares of the real estate investment trust’s stock after acquiring an additional 26,548 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Vornado Realty Trust were worth $3,940,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Harvest Fund Management Co. Ltd lifted its holdings in shares of Vornado Realty Trust by 131.2% during the fourth quarter. Harvest Fund Management Co. Ltd now owns 12,826 shares of the real estate investment trust’s stock worth $539,000 after purchasing an additional 7,278 shares during the period. Xponance Inc. lifted its holdings in Vornado Realty Trust by 6.9% in the fourth quarter. Xponance Inc. now owns 20,133 shares of the real estate investment trust’s stock valued at $846,000 after acquiring an additional 1,296 shares during the period. Cibc World Markets Corp lifted its holdings in Vornado Realty Trust by 10.1% in the fourth quarter. Cibc World Markets Corp now owns 48,232 shares of the real estate investment trust’s stock valued at $2,028,000 after acquiring an additional 4,436 shares during the period. Corient Private Wealth LLC lifted its holdings in Vornado Realty Trust by 1.2% in the fourth quarter. Corient Private Wealth LLC now owns 44,800 shares of the real estate investment trust’s stock valued at $1,883,000 after acquiring an additional 516 shares during the period. Finally, Natixis Advisors LLC lifted its holdings in Vornado Realty Trust by 174.7% in the fourth quarter. Natixis Advisors LLC now owns 51,316 shares of the real estate investment trust’s stock valued at $2,157,000 after acquiring an additional 32,634 shares during the period. Institutional investors and hedge funds own 90.02% of the company’s stock.

Vornado Realty Trust Stock Down 1.0 %

Shares of VNO opened at $38.26 on Monday. 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 has a one year low of $22.42 and a one year high of $46.63. The stock has a market capitalization of $7.30 billion, a price-to-earnings ratio of 956.40, a PEG ratio of 9.69 and a beta of 1.60. The stock has a 50 day moving average price of $40.48 and a 200 day moving average price of $40.91.

Vornado Realty Trust (NYSE:VNO) last issued its quarterly earnings results on Monday, February 10th. The real estate investment trust reported $0.61 EPS for the quarter, topping the consensus estimate of ($0.05) by $0.66. Vornado Realty Trust had a return on equity of 1.60% and a net margin of 3.94%. Equities research analysts forecast that Vornado Realty Trust will post 2.31 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

VNO has been the subject of a number of analyst reports. StockNews.com raised Vornado Realty Trust from a “sell” rating to a “hold” rating in a report on Thursday, February 13th. Morgan Stanley boosted their price target on Vornado Realty Trust from $26.00 to $28.00 and gave the company an “equal weight” rating in a report on Friday, March 14th. Barclays upped their target price on Vornado Realty Trust from $31.00 to $32.00 and gave the stock an “underweight” rating in a research note on Friday, March 14th. Truist Financial upped their target price on Vornado Realty Trust from $31.00 to $40.00 and gave the stock a “hold” rating in a research note on Wednesday, December 4th. Finally, Mizuho raised Vornado Realty Trust from a “neutral” rating to an “outperform” rating and upped their target price for the stock from $38.00 to $48.00 in a research note on Tuesday, January 7th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $38.55.

Vornado Realty Trust Company Profile

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