Sei Investments Co. Boosts Position in Vornado Realty Trust (NYSE:VNO)

Sei Investments Co. raised its position in shares of Vornado Realty Trust (NYSE:VNO) by 35.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 734,060 shares of the real estate investment trust’s stock after purchasing an additional 190,493 shares during the period. Sei Investments Co. owned about 0.39% of Vornado Realty Trust worth $30,860,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Quantbot Technologies LP boosted its position in Vornado Realty Trust by 112.0% during the 3rd quarter. Quantbot Technologies LP now owns 130,258 shares of the real estate investment trust’s stock valued at $5,132,000 after acquiring an additional 68,813 shares in the last quarter. FNY Investment Advisers LLC bought a new position in shares of Vornado Realty Trust during the 4th quarter worth approximately $4,015,000. JPMorgan Chase & Co. lifted its holdings in shares of Vornado Realty Trust by 232.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,529,069 shares of the real estate investment trust’s stock valued at $139,045,000 after purchasing an additional 2,468,652 shares during the last quarter. Principal Financial Group Inc. grew its stake in Vornado Realty Trust by 428.3% during the 3rd quarter. Principal Financial Group Inc. now owns 2,820,958 shares of the real estate investment trust’s stock worth $111,146,000 after buying an additional 2,286,997 shares during the last quarter. Finally, UMB Bank n.a. increased its position in Vornado Realty Trust by 53.2% during the 4th quarter. UMB Bank n.a. now owns 772 shares of the real estate investment trust’s stock valued at $32,000 after buying an additional 268 shares in the last quarter. Hedge funds and other institutional investors own 90.02% of the company’s stock.

Vornado Realty Trust Trading Down 0.3 %

Shares of NYSE:VNO opened at $39.31 on Wednesday. The company has a quick ratio of 4.59, a current ratio of 4.59 and a debt-to-equity ratio of 1.98. The company’s 50-day moving average price is $40.50 and its 200 day moving average price is $40.95. The company has a market cap of $7.50 billion, a PE ratio of 982.75, a P/E/G ratio of 9.69 and a beta of 1.60. Vornado Realty Trust has a fifty-two week low of $22.42 and a fifty-two week high of $46.63.

Vornado Realty Trust (NYSE:VNO) last announced its earnings results on Monday, February 10th. The real estate investment trust reported $0.61 earnings per share 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%. Sell-side analysts anticipate that Vornado Realty Trust will post 2.31 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on VNO shares. StockNews.com upgraded shares of Vornado Realty Trust from a “sell” rating to a “hold” rating in a research report on Thursday, February 13th. Morgan Stanley boosted their price target on shares of Vornado Realty Trust from $26.00 to $28.00 and gave the stock an “equal weight” rating in a report on Friday, March 14th. Compass Point boosted their price target on Vornado Realty Trust from $40.00 to $44.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 12th. The Goldman Sachs Group increased their price objective on shares of Vornado Realty Trust from $27.00 to $30.00 and gave the company a “sell” rating in a report on Tuesday, February 25th. Finally, Mizuho raised shares of Vornado Realty Trust from a “neutral” rating to an “outperform” rating and boosted their price target 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 given a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $38.55.

Vornado Realty Trust Company Profile

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