Wellington Management Group LLP Boosts Stake in Vornado Realty Trust $VNO

Wellington Management Group LLP boosted its holdings in shares of Vornado Realty Trust (NYSE:VNO) by 440.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 598,395 shares of the real estate investment trust’s stock after acquiring an additional 487,710 shares during the period. Wellington Management Group LLP owned 0.32% of Vornado Realty Trust worth $23,517,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Danske Bank A S acquired a new position in shares of Vornado Realty Trust during the 3rd quarter worth approximately $28,000. Farmers & Merchants Investments Inc. increased its holdings in shares of Vornado Realty Trust by 512.9% in the fourth quarter. Farmers & Merchants Investments Inc. now owns 858 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 718 shares during the last quarter. Essential Partners LLC increased its holdings in shares of Vornado Realty Trust by 186.9% in the first quarter. Essential Partners LLC now owns 1,182 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 770 shares during the last quarter. Advisory Services Network LLC purchased a new position in Vornado Realty Trust during the third quarter worth approximately $33,000. Finally, Employees Retirement System of Texas purchased a new position in Vornado Realty Trust during the fourth quarter worth approximately $36,000. Institutional investors and hedge funds own 90.02% of the company’s stock.

Vornado Realty Trust Price Performance

VNO stock opened at $36.59 on Friday. The business has a fifty day moving average of $39.07 and a two-hundred day moving average of $33.44. The company has a quick ratio of 5.24, a current ratio of 5.24 and a debt-to-equity ratio of 1.56. The stock has a market cap of $6.83 billion, a price-to-earnings ratio of 1,830.42, a price-to-earnings-growth ratio of 1.69 and a beta of 1.53. Vornado Realty Trust has a 52-week low of $24.57 and a 52-week high of $43.37.

Vornado Realty Trust (NYSE:VNO) last posted its earnings results on Monday, August 3rd. The real estate investment trust reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.49). The business had revenue of $462.24 million during the quarter, compared to analysts’ expectations of $454.46 million. Vornado Realty Trust had a net margin of 3.71% and a return on equity of 1.37%. Vornado Realty Trust’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.56 EPS. As a group, research analysts anticipate that Vornado Realty Trust will post 2.35 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts have issued reports on VNO shares. Barclays upped their target price on Vornado Realty Trust from $29.00 to $34.00 and gave the company an “underweight” rating in a report on Tuesday, July 21st. JPMorgan Chase & Co. boosted their price target on shares of Vornado Realty Trust from $33.00 to $37.00 and gave the company a “neutral” rating in a research report on Thursday, May 28th. Citigroup upped their price objective on shares of Vornado Realty Trust from $34.00 to $40.00 and gave the company a “neutral” rating in a report on Monday, August 10th. Weiss Ratings cut shares of Vornado Realty Trust from a “hold (c)” rating to a “sell (d+)” rating in a research report on Tuesday, August 4th. Finally, BMO Capital Markets lifted their target price on shares of Vornado Realty Trust from $33.00 to $43.00 and gave the stock an “outperform” rating in a research note on Monday, June 15th. Four research analysts have rated the stock with a Buy rating, five have issued a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $39.91.

Insider Activity

In related news, Director Russell B. Wight, Jr. bought 4,000 shares of the stock in a transaction on Monday, June 8th. The stock was 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 directly owned 13,000 shares in the company, valued at $220,220. This represents a 44.44% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Michael D. Fascitelli sold 133,350 shares of Vornado Realty Trust stock in a transaction dated 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 sale, the director owned 475,161 shares of the company’s stock, valued at approximately $17,400,395.82. This represents a 21.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 9.00% of the stock is currently owned by insiders.

About Vornado Realty Trust

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.