May Hill Capital LLC Acquires Shares of 29,412 Vornado Realty Trust (NYSE:VNO)

May Hill Capital LLC bought a new position in shares of Vornado Realty Trust (NYSE:VNO) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 29,412 shares of the real estate investment trust’s stock, valued at approximately $1,236,000.

A number of other large investors have also modified their holdings of the business. ORG Wealth Partners LLC purchased a new position in Vornado Realty Trust in the fourth quarter worth $32,000. UMB Bank n.a. grew its stake in shares of 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 worth $32,000 after purchasing an additional 268 shares during the period. Versant Capital Management Inc increased its holdings 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 valued at $40,000 after purchasing an additional 872 shares in the last quarter. Quarry LP acquired a new stake in shares of Vornado Realty Trust in the third quarter valued at about $54,000. Finally, Assetmark Inc. boosted its holdings 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 worth $63,000 after buying an additional 286 shares in the last quarter. 90.02% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

VNO has been the subject of a number of research analyst reports. Compass Point increased their target price on shares of Vornado Realty Trust from $40.00 to $44.00 and gave the company a “neutral” rating in a report on Wednesday, February 12th. Truist Financial lifted their price objective on Vornado Realty Trust from $31.00 to $40.00 and gave the stock a “hold” rating in a report on Wednesday, December 4th. The Goldman Sachs Group upped their target price on Vornado Realty Trust from $27.00 to $30.00 and gave the company a “sell” rating in a report on Tuesday, February 25th. StockNews.com raised Vornado Realty Trust from a “sell” rating to a “hold” rating in a research note on Thursday, February 13th. Finally, Barclays increased their price objective on shares of Vornado Realty Trust from $31.00 to $32.00 and gave the company an “underweight” rating in a research note on Friday, March 14th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $38.55.

Vornado Realty Trust Stock Up 0.8 %

VNO stock opened at $37.07 on Tuesday. The company has a 50 day moving average price of $40.21 and a two-hundred day moving average price of $41.08. The company has a debt-to-equity ratio of 1.98, a quick ratio of 4.59 and a current ratio of 4.59. The stock has a market capitalization of $7.08 billion, a P/E ratio of 926.85, a PEG ratio of 9.69 and a beta of 1.60. Vornado Realty Trust has a one year low of $22.42 and a one year high of $46.63.

Vornado Realty Trust (NYSE:VNO) last released its earnings results on Monday, February 10th. The real estate investment trust reported $0.61 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%. As a group, sell-side analysts expect that Vornado Realty Trust will post 2.31 EPS for the current year.

About Vornado Realty Trust

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