Janus Henderson Group PLC boosted its holdings in Vornado Realty Trust (NYSE:VNO) by 44.2% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 49,728 shares of the real estate investment trust’s stock after purchasing an additional 15,239 shares during the quarter. Janus Henderson Group PLC’s holdings in Vornado Realty Trust were worth $3,823,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also made changes to their positions in VNO. Sun Life Financial INC grew its holdings in shares of Vornado Realty Trust by 13,866.7% during the second quarter. Sun Life Financial INC now owns 1,257 shares of the real estate investment trust’s stock valued at $118,000 after buying an additional 1,248 shares during the last quarter. Perigon Wealth Management LLC lifted its position in Vornado Realty Trust by 56.5% during the second quarter. Perigon Wealth Management LLC now owns 2,175 shares of the real estate investment trust’s stock valued at $204,000 after purchasing an additional 785 shares during the period. Advisors Asset Management Inc. lifted its position in Vornado Realty Trust by 48.3% during the second quarter. Advisors Asset Management Inc. now owns 2,209 shares of the real estate investment trust’s stock valued at $207,000 after purchasing an additional 719 shares during the period. Raymond James Financial Services Advisors Inc. bought a new position in Vornado Realty Trust during the second quarter valued at approximately $275,000. Finally, Zeke Capital Advisors LLC bought a new position in Vornado Realty Trust during the third quarter valued at approximately $235,000. Institutional investors and hedge funds own 86.00% of the company’s stock.
Shares of Vornado Realty Trust (NYSE:VNO) opened at $71.92 on Friday. The stock has a market cap of $13,660.00, a PE ratio of 17.12, a PEG ratio of 4.54 and a beta of 1.00. The company has a quick ratio of 0.26, a current ratio of 0.26 and a debt-to-equity ratio of 0.20. Vornado Realty Trust has a twelve month low of $71.87 and a twelve month high of $111.72.
Vornado Realty Trust (NYSE:VNO) last announced its quarterly earnings data on Monday, October 30th. The real estate investment trust reported $0.99 earnings per share for the quarter, beating analysts’ consensus estimates of $0.09 by $0.90. Vornado Realty Trust had a net margin of 35.23% and a return on equity of 4.73%. The company had revenue of $528.76 million during the quarter, compared to analyst estimates of $545.53 million. During the same quarter last year, the business posted $0.35 EPS. The firm’s revenue for the quarter was up 5.2% on a year-over-year basis. research analysts expect that Vornado Realty Trust will post 3.92 earnings per share for the current fiscal year.
Several research analysts have weighed in on VNO shares. TheStreet upgraded shares of Vornado Realty Trust from a “c+” rating to a “b-” rating in a research report on Monday, December 18th. Sandler O’Neill reiterated a “buy” rating and issued a $90.00 price target on shares of Vornado Realty Trust in a research report on Tuesday, September 26th. Zacks Investment Research upgraded shares of Vornado Realty Trust from a “hold” rating to a “buy” rating and set a $88.00 price objective on the stock in a research report on Tuesday, October 17th. Barclays restated a “hold” rating and set a $80.00 price objective on shares of Vornado Realty Trust in a research report on Thursday, October 19th. Finally, JPMorgan Chase & Co. cut shares of Vornado Realty Trust from an “overweight” rating to a “neutral” rating and set a $92.00 target price for the company. in a research note on Friday, December 15th. Seven analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $91.75.
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Vornado Realty Trust Company Profile
Vornado Realty Trust is a real estate investment trust (REIT). The Company conducts its business through Vornado Realty L.P. (the Operating Partnership). The Company operates through two segments: New York and Washington, DC. As of December 31, 2016, the Company’s New York segment consisted of 28.3 million square feet in 86 properties.
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