16,171 Shares in Vornado Realty Trust $VNO Acquired by Inceptionr LLC

Inceptionr LLC bought a new stake in Vornado Realty Trust (NYSE:VNO) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 16,171 shares of the real estate investment trust’s stock, valued at approximately $420,000.

Several other large investors also recently added to or reduced their stakes in the business. Royal Bank of Canada boosted its holdings in Vornado Realty Trust by 18.3% in the first quarter. Royal Bank of Canada now owns 27,507 shares of the real estate investment trust’s stock worth $1,017,000 after purchasing an additional 4,251 shares in the last quarter. AQR Capital Management LLC increased its position in Vornado Realty Trust by 18.7% during the first quarter. AQR Capital Management LLC now owns 51,939 shares of the real estate investment trust’s stock worth $1,903,000 after buying an additional 8,189 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in Vornado Realty Trust by 22.6% during the first quarter. Goldman Sachs Group Inc. now owns 613,806 shares of the real estate investment trust’s stock valued at $22,705,000 after buying an additional 112,956 shares in the last quarter. Marshall Wace LLP bought a new position in Vornado Realty Trust during the second quarter valued at about $763,000. Finally, California Public Employees Retirement System lifted its position in shares of Vornado Realty Trust by 9.6% in the second quarter. California Public Employees Retirement System now owns 365,237 shares of the real estate investment trust’s stock worth $13,967,000 after buying an additional 32,028 shares during the last quarter. 90.02% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, Director Michael D. Fascitelli sold 133,350 shares of the business’s stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $36.62, for a total transaction of $4,883,277.00. Following the transaction, the director owned 475,161 shares of the company’s stock, valued at approximately $17,400,395.82. The trade was a 21.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Russell B. Wight, Jr. bought 4,000 shares of the business’s stock in a transaction that occurred on Monday, June 8th. The shares were bought at an average price of $16.94 per share, with a total value of $67,760.00. Following the completion of the purchase, the director owned 13,000 shares in the company, valued at approximately $220,220. The trade was a 44.44% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders own 9.00% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Mizuho increased their price objective on Vornado Realty Trust from $34.00 to $42.00 and gave the company an “outperform” rating in a report on Tuesday, July 21st. Morgan Stanley lowered Vornado Realty Trust from an “equal weight” rating to an “underweight” rating and set a $32.00 target price for the company. in a report on Wednesday. Weiss Ratings raised Vornado Realty Trust from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, June 9th. UBS Group downgraded Vornado Realty Trust to an “underweight” rating in a report on Wednesday. Finally, LADENBURG THALM/SH SH lifted their price target on shares of Vornado Realty Trust from $40.00 to $45.00 and gave the company a “buy” rating in a research report on Wednesday, June 10th. Four investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $39.17.

Vornado Realty Trust Stock Performance

VNO opened at $39.76 on Monday. The company has a quick ratio of 6.14, a current ratio of 6.14 and a debt-to-equity ratio of 1.54. The stock’s 50 day moving average price is $37.07 and its two-hundred day moving average price is $32.06. The firm has a market capitalization of $7.48 billion, a P/E ratio of 10.92, a price-to-earnings-growth ratio of 2.00 and a beta of 1.53. Vornado Realty Trust has a 12-month low of $24.57 and a 12-month high of $43.37.

Vornado Realty Trust (NYSE:VNO) last issued its quarterly earnings results on Monday, May 4th. The real estate investment trust reported ($0.12) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.07). Vornado Realty Trust had a return on equity of 15.82% and a net margin of 43.99%.The business had revenue of $459.11 million for the quarter, compared to analyst estimates of $431.71 million. During the same quarter last year, the firm earned $0.63 earnings per share. The firm’s quarterly revenue was down .5% compared to the same quarter last year. On average, equities analysts forecast that Vornado Realty Trust will post 2.34 earnings per share for the current year.

Vornado Realty Trust announced that its board has authorized a stock buyback plan on Wednesday, April 29th that authorizes the company to repurchase $300.00 million in shares. This repurchase authorization authorizes the real estate investment trust to reacquire up to 5.4% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s board believes its shares are undervalued.

Vornado Realty Trust Profile

Vornado Realty Trust is a self‐administered real estate investment trust focused on the ownership, management and redevelopment of office and retail properties. As a fully integrated REIT, the company oversees leasing, property management, building operations and strategic capital improvements designed to enhance asset value and tenant experience. Vornado’s business model emphasizes long‐term cash flow generation through stable rental income and disciplined portfolio optimization.

The company’s core portfolio is concentrated in New York City, where it holds a diverse mix of office towers and street‐level retail assets in prominent submarkets such as Midtown and the Penn Plaza corridor.