Barclays PLC Sells 40,711 Shares of Vornado Realty Trust (NYSE:VNO)

by · The Cerbat Gem

Barclays PLC lowered its holdings in Vornado Realty Trust (NYSE:VNO – Free Report) by 14.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 245,666 shares of the real estate investment trust’s stock after selling 40,711 shares during the quarter. Barclays PLC owned approximately 0.13% of Vornado Realty Trust worth $10,327,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of VNO. ORG Wealth Partners LLC bought a new position in Vornado Realty Trust in the fourth quarter worth approximately $32,000. UMB Bank n.a. raised its position in shares of Vornado Realty Trust by 53.2% in the 4th quarter. UMB Bank n.a. now owns 772 shares of the real estate investment trust’s stock worth $32,000 after acquiring an additional 268 shares in the last quarter. Versant Capital Management Inc raised its position in shares of Vornado Realty Trust by 1,014.0% in the 4th quarter. Versant Capital Management Inc now owns 958 shares of the real estate investment trust’s stock worth $40,000 after acquiring an additional 872 shares in the last quarter. FIL Ltd purchased a new stake in shares of Vornado Realty Trust during the 4th quarter worth $49,000. Finally, Assetmark Inc. boosted its position in Vornado Realty Trust by 23.8% during the fourth quarter. Assetmark Inc. now owns 1,488 shares of the real estate investment trust’s stock valued at $63,000 after purchasing an additional 286 shares in the last quarter. Hedge funds and other institutional investors own 90.02% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on the stock. Barclays increased their price target on shares of Vornado Realty Trust from $31.00 to $32.00 and gave the company an “underweight” rating in a research report on Friday, March 14th. Compass Point raised their target price on shares of Vornado Realty Trust from $40.00 to $44.00 and gave the company a “neutral” rating in a research note on Wednesday, February 12th. The Goldman Sachs Group upped their price target on Vornado Realty Trust from $27.00 to $30.00 and gave the stock a “sell” rating in a research report on Tuesday, February 25th. StockNews.com raised Vornado Realty Trust from a “sell” rating to a “hold” rating in a research report on Thursday, February 13th. Finally, Mizuho raised Vornado Realty Trust from a “neutral” rating to an “outperform” rating and upped their target price for the company from $38.00 to $48.00 in a research report on Tuesday, January 7th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the company. According to MarketBeat, Vornado Realty Trust has a consensus rating of “Hold” and a consensus price target of $38.00.

Read Our Latest Report on VNO

Vornado Realty Trust Stock Up 2.2 %

Vornado Realty Trust stock opened at $33.79 on Wednesday. Vornado Realty Trust has a 12 month low of $22.42 and a 12 month high of $46.63. The stock has a market capitalization of $6.49 billion, a PE ratio of 844.80, a price-to-earnings-growth ratio of 9.69 and a beta of 1.49. The company has a debt-to-equity ratio of 1.98, a current ratio of 4.59 and a quick ratio of 4.59. The business has a 50 day simple moving average of $37.27 and a 200-day simple moving average of $40.47.

Vornado Realty Trust (NYSE:VNO – Get Free Report) 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 net margin of 3.94% and a return on equity of 1.60%. On average, analysts anticipate that Vornado Realty Trust will post 2.31 EPS for the current fiscal year.

Vornado Realty Trust Company Profile

(Free Report)

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

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