State of Wisconsin Investment Board increased its stake in shares of Vornado Realty Trust (NYSE:VNO) by 3.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 175,374 shares of the real estate investment trust’s stock after buying an additional 5,492 shares during the period. State of Wisconsin Investment Board owned approximately 0.09% of Vornado Realty Trust worth $16,468,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. DUPONT CAPITAL MANAGEMENT Corp increased its stake in shares of Vornado Realty Trust by 10.8% in the first quarter. DUPONT CAPITAL MANAGEMENT Corp now owns 29,742 shares of the real estate investment trust’s stock valued at $2,983,000 after buying an additional 2,892 shares in the last quarter. AMF Pensionsforsakring AB increased its stake in shares of Vornado Realty Trust by 113.3% in the first quarter. AMF Pensionsforsakring AB now owns 90,459 shares of the real estate investment trust’s stock valued at $9,074,000 after buying an additional 48,059 shares in the last quarter. State of New Jersey Common Pension Fund D increased its stake in shares of Vornado Realty Trust by 30.2% in the first quarter. State of New Jersey Common Pension Fund D now owns 220,900 shares of the real estate investment trust’s stock valued at $22,158,000 after buying an additional 51,200 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in shares of Vornado Realty Trust by 0.8% in the first quarter. Janney Montgomery Scott LLC now owns 2,069 shares of the real estate investment trust’s stock valued at $208,000 after buying an additional 16 shares in the last quarter. Finally, Glen Harbor Capital Management LLC increased its stake in shares of Vornado Realty Trust by 9.0% in the first quarter. Glen Harbor Capital Management LLC now owns 6,666 shares of the real estate investment trust’s stock valued at $669,000 after buying an additional 550 shares in the last quarter. Institutional investors and hedge funds own 87.19% of the company’s stock.

Vornado Realty Trust (NYSE VNO) opened at 73.91 on Monday. The stock has a market capitalization of $14.00 billion, a P/E ratio of 15.96 and a beta of 0.97. Vornado Realty Trust has a 52-week low of $73.48 and a 52-week high of $111.72. The company’s 50-day moving average price is $77.51 and its 200 day moving average price is $79.91.

Vornado Realty Trust (NYSE:VNO) last issued its earnings results on Monday, July 31st. The real estate investment trust reported $1.35 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.26 by $0.09. The business had revenue of $626.04 million during the quarter, compared to analysts’ expectations of $633.19 million. Vornado Realty Trust had a return on equity of 4.51% and a net margin of 37.96%. Vornado Realty Trust’s revenue was up .7% compared to the same quarter last year. During the same quarter last year, the firm posted $1.21 earnings per share. On average, equities research analysts anticipate that Vornado Realty Trust will post $1.05 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, August 18th. Stockholders of record on Monday, August 7th were given a $0.60 dividend. The ex-dividend date was Thursday, August 3rd. This represents a $2.40 annualized dividend and a dividend yield of 3.25%. Vornado Realty Trust’s dividend payout ratio (DPR) is presently 51.72%.

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Several analysts have recently issued reports on the company. Barclays PLC reduced their price objective on Vornado Realty Trust from $104.00 to $103.00 and set an “equal weight” rating on the stock in a research report on Tuesday, July 18th. Zacks Investment Research downgraded Vornado Realty Trust from a “hold” rating to a “sell” rating in a research report on Wednesday, June 14th. Morgan Stanley restated an “equal weight” rating and issued a $95.00 price objective (down from $111.00) on shares of Vornado Realty Trust in a research report on Tuesday, June 13th. BidaskClub upgraded Vornado Realty Trust from a “sell” rating to a “hold” rating in a research report on Tuesday, June 27th. Finally, Evercore ISI restated an “in-line” rating and issued a $107.00 price objective (down from $111.00) on shares of Vornado Realty Trust in a research report on Thursday, May 4th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the company’s stock. Vornado Realty Trust currently has an average rating of “Hold” and a consensus price target of $100.75.

About Vornado Realty Trust

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.

Institutional Ownership by Quarter for Vornado Realty Trust (NYSE:VNO)

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