97,779 Shares in Vornado Realty Trust (NYSE:VNO) Bought by New Age Alpha Advisors LLC

New Age Alpha Advisors LLC bought a new stake in Vornado Realty Trust (NYSE:VNO) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 97,779 shares of the real estate investment trust’s stock, valued at approximately $4,111,000. New Age Alpha Advisors LLC owned about 0.05% of Vornado Realty Trust as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Norges Bank acquired a new position in Vornado Realty Trust during the 4th quarter worth approximately $729,073,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in shares of Vornado Realty Trust by 4.1% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 109,796 shares of the real estate investment trust’s stock worth $4,659,000 after buying an additional 4,358 shares during the last quarter. Prudential Financial Inc. increased its holdings in shares of Vornado Realty Trust by 35.6% during the fourth quarter. Prudential Financial Inc. now owns 121,650 shares of the real estate investment trust’s stock worth $5,114,000 after buying an additional 31,947 shares in the last quarter. LPL Financial LLC lifted its stake in shares of Vornado Realty Trust by 11.9% in the 4th quarter. LPL Financial LLC now owns 78,917 shares of the real estate investment trust’s stock valued at $3,318,000 after acquiring an additional 8,398 shares during the last quarter. Finally, KLP Kapitalforvaltning AS acquired a new stake in shares of Vornado Realty Trust during the 4th quarter valued at $1,413,000. Institutional investors and hedge funds own 90.02% of the company’s stock.

Analyst Ratings Changes

VNO has been the subject of a number of recent research reports. Barclays upped their target price on Vornado Realty Trust from $31.00 to $32.00 and gave the stock an “underweight” rating in a report on Friday, March 14th. Morgan Stanley upped their price objective on Vornado Realty Trust from $26.00 to $28.00 and gave the company an “equal weight” rating in a research note on Friday, March 14th. Mizuho upgraded shares of Vornado Realty Trust from a “neutral” rating to an “outperform” rating and lifted their target price for the stock from $38.00 to $48.00 in a research report on Tuesday, January 7th. Truist Financial upped their price target on shares of Vornado Realty Trust from $31.00 to $40.00 and gave the company a “hold” rating in a research report on Wednesday, December 4th. Finally, Compass Point lifted their price target on shares of Vornado Realty Trust from $40.00 to $44.00 and gave the stock a “neutral” rating in a report on Wednesday, February 12th. Two investment 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 data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $38.55.

Vornado Realty Trust Stock Down 2.5 %

Shares of NYSE:VNO opened at $36.75 on Friday. Vornado Realty Trust has a 1 year low of $22.42 and a 1 year high of $46.63. 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’s 50-day moving average is $40.29 and its 200-day moving average is $40.98. The company has a market capitalization of $7.01 billion, a price-to-earnings ratio of 918.80, a P/E/G ratio of 9.69 and a beta of 1.60.

Vornado Realty Trust (NYSE:VNO) last issued its quarterly earnings results on Monday, February 10th. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.66. Vornado Realty Trust had a return on equity of 1.60% and a net margin of 3.94%. Equities research analysts predict that Vornado Realty Trust will post 2.31 earnings per share for the current year.

Vornado Realty Trust Company Profile

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