Vornado Realty Trust (NYSE:VNO) Shares Bought by Harvest Fund Management Co. Ltd

Harvest Fund Management Co. Ltd boosted its holdings in shares of Vornado Realty Trust (NYSE:VNO) by 131.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,826 shares of the real estate investment trust’s stock after purchasing an additional 7,278 shares during the period. Harvest Fund Management Co. Ltd’s holdings in Vornado Realty Trust were worth $539,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Xponance Inc. lifted its position in Vornado Realty Trust by 6.9% during the fourth quarter. Xponance Inc. now owns 20,133 shares of the real estate investment trust’s stock valued at $846,000 after purchasing an additional 1,296 shares during the period. Cibc World Markets Corp raised its position in shares of 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 worth $2,028,000 after acquiring an additional 4,436 shares during the period. Corient Private Wealth LLC raised its position in shares of 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 worth $1,883,000 after acquiring an additional 516 shares during the period. Natixis Advisors LLC raised its position in shares of 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 worth $2,157,000 after acquiring an additional 32,634 shares during the period. Finally, Swiss National Bank raised its position in shares of Vornado Realty Trust by 0.8% in the fourth quarter. Swiss National Bank now owns 318,517 shares of the real estate investment trust’s stock worth $13,390,000 after acquiring an additional 2,500 shares during the period. 90.02% of the stock is currently owned by institutional investors and hedge funds.

Vornado Realty Trust Stock Down 0.2 %

Shares of NYSE VNO opened at $38.61 on Friday. Vornado Realty Trust has a 12-month low of $22.42 and a 12-month high of $46.63. The stock has a market cap of $7.37 billion, a PE ratio of 965.18, a P/E/G ratio of 9.69 and a beta of 1.60. The company has a current ratio of 4.59, a quick ratio of 4.59 and a debt-to-equity ratio of 1.98. The company has a 50-day moving average of $40.47 and a 200 day moving average of $40.78.

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

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. StockNews.com upgraded shares of Vornado Realty Trust from a “sell” rating to a “hold” rating in a research report on Thursday, February 13th. Morgan Stanley upped their price target on shares of 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. Barclays upped their price target on shares of Vornado Realty Trust from $31.00 to $32.00 and gave the stock an “underweight” rating in a research report on Friday, March 14th. Mizuho upgraded shares of Vornado Realty Trust from a “neutral” rating to an “outperform” rating and upped their price target for the stock from $38.00 to $48.00 in a research report on Tuesday, January 7th. Finally, The Goldman Sachs Group upped 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 report on Tuesday, February 25th. Two equities research 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, the company has an average rating of “Hold” and an average price target of $38.55.

Vornado Realty Trust Company Profile

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