VIRGINIA RETIREMENT SYSTEMS ET Al Acquires New Position in Vornado Realty Trust $VNO

VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Vornado Realty Trust (NYSE:VNO) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 208,741 shares of the real estate investment trust’s stock, valued at approximately $8,204,000. VIRGINIA RETIREMENT SYSTEMS ET Al owned approximately 0.11% of Vornado Realty Trust at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. California State Teachers Retirement System increased its stake in shares of Vornado Realty Trust by 3,652.4% in the second quarter. California State Teachers Retirement System now owns 7,251,243 shares of the real estate investment trust’s stock worth $284,974,000 after purchasing an additional 7,057,999 shares in the last quarter. HB Wealth Management LLC grew its position in shares of Vornado Realty Trust by 41.1% during the second quarter. HB Wealth Management LLC now owns 18,254 shares of the real estate investment trust’s stock worth $717,000 after purchasing an additional 5,318 shares in the last quarter. Odyssean LLC purchased a new position in shares of Vornado Realty Trust in the second quarter worth $3,053,000. NEOS Investment Management LLC increased its holdings in Vornado Realty Trust by 13.3% in the 2nd quarter. NEOS Investment Management LLC now owns 35,171 shares of the real estate investment trust’s stock valued at $1,382,000 after acquiring an additional 4,132 shares during the last quarter. Finally, Greenleaf Trust grew its position in shares of Vornado Realty Trust by 13.7% during the second quarter. Greenleaf Trust now owns 22,125 shares of the real estate investment trust’s stock valued at $870,000 after purchasing an additional 2,658 shares in the last quarter. Hedge funds and other institutional investors own 90.02% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. Scotiabank upped their price objective on Vornado Realty Trust from $40.00 to $41.00 and gave the stock a “sector perform” rating in a report on Wednesday, September 2nd. Citigroup raised their target price on shares of Vornado Realty Trust from $34.00 to $40.00 and gave the stock a “neutral” rating in a report on Monday, August 10th. JPMorgan Chase & Co. raised their price target on Vornado Realty Trust from $33.00 to $37.00 and gave the stock a “neutral” rating in a research note on Thursday, May 28th. Weiss Ratings lowered shares of Vornado Realty Trust from a “hold (c)” rating to a “sell (d+)” rating in a report on Tuesday, August 4th. Finally, Morgan Stanley cut Vornado Realty Trust from an “equal weight” rating to an “underweight” rating and set a $32.00 price objective on the stock. in a research note on Wednesday, July 22nd. Four analysts have rated the stock with a Buy rating, five have issued a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat, Vornado Realty Trust currently has an average rating of “Hold” and a consensus target price of $39.91.

Vornado Realty Trust Stock Performance

VNO stock opened at $35.26 on Wednesday. The firm has a 50-day simple moving average of $38.93 and a two-hundred day simple moving average of $33.56. The company has a debt-to-equity ratio of 1.56, a quick ratio of 5.24 and a current ratio of 5.24. Vornado Realty Trust has a one year low of $24.57 and a one year high of $43.37. The firm has a market cap of $6.58 billion, a price-to-earnings ratio of 1,763.98, a PEG ratio of 1.69 and a beta of 1.53.

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). Vornado Realty Trust had a net margin of 3.71% and a return on equity of 1.37%. The firm had revenue of $462.24 million for the quarter, compared to analysts’ expectations of $454.46 million. During the same period in the previous year, the company earned $0.56 EPS. The company’s revenue was up 4.7% on a year-over-year basis. On average, equities analysts forecast that Vornado Realty Trust will post 2.35 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Michael Fascitelli sold 133,350 shares of the company’s stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $36.62, for a total transaction of $4,883,277.00. Following the transaction, the director directly owned 475,161 shares of the company’s stock, valued at $17,400,395.82. This represents a 21.91% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 9.00% of the stock is currently owned by company 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.