Swiss National Bank raised its stake in Vornado Realty Trust (NYSE:VNO) by 0.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 627,443 shares of the real estate investment trust’s stock after purchasing an additional 5,500 shares during the period. Swiss National Bank owned 330,441.86% of Vornado Realty Trust worth $48,238,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently bought and sold shares of VNO. OppenheimerFunds Inc. grew its stake in Vornado Realty Trust by 16.8% in the first quarter. OppenheimerFunds Inc. now owns 3,338 shares of the real estate investment trust’s stock valued at $335,000 after purchasing an additional 480 shares during the last quarter. Bank of Montreal Can grew its stake in Vornado Realty Trust by 183.1% in the second quarter. Bank of Montreal Can now owns 217,799 shares of the real estate investment trust’s stock valued at $20,451,000 after purchasing an additional 140,861 shares during the last quarter. Mn Services Vermogensbeheer B.V. grew its stake in Vornado Realty Trust by 521.2% in the second quarter. Mn Services Vermogensbeheer B.V. now owns 28,177 shares of the real estate investment trust’s stock valued at $2,646,000 after purchasing an additional 23,641 shares during the last quarter. LS Investment Advisors LLC grew its stake in Vornado Realty Trust by 5.6% in the second quarter. LS Investment Advisors LLC now owns 6,233 shares of the real estate investment trust’s stock valued at $585,000 after purchasing an additional 332 shares during the last quarter. Finally, Louisiana State Employees Retirement System grew its stake in Vornado Realty Trust by 0.9% in the second quarter. Louisiana State Employees Retirement System now owns 10,700 shares of the real estate investment trust’s stock valued at $1,005,000 after purchasing an additional 100 shares during the last quarter. Institutional investors own 84.14% of the company’s stock.

Shares of Vornado Realty Trust (NYSE VNO) opened at $76.14 on Wednesday. The firm has a market capitalization of $14,425.02, a PE ratio of 18.62, a PEG ratio of 4.62 and a beta of 0.99. Vornado Realty Trust has a 52 week low of $71.89 and a 52 week high of $89.38. The company has a current ratio of 0.26, a quick ratio of 0.26 and a debt-to-equity ratio of 0.20.

Vornado Realty Trust (NYSE:VNO) last issued its earnings results on Monday, October 30th. The real estate investment trust reported $0.99 EPS for the quarter, beating the Zacks’ consensus estimate of $0.09 by $0.90. The firm had revenue of $528.76 million for the quarter, compared to analyst estimates of $545.53 million. Vornado Realty Trust had a return on equity of 4.73% and a net margin of 35.23%. Vornado Realty Trust’s revenue for the quarter was up 5.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.35 earnings per share. research analysts forecast that Vornado Realty Trust will post 3.88 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, November 20th. Investors of record on Monday, November 6th will be given a $0.60 dividend. The ex-dividend date is Friday, November 3rd. This represents a $2.40 dividend on an annualized basis and a yield of 3.15%. Vornado Realty Trust’s dividend payout ratio is currently 57.97%.

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Several equities analysts have issued reports on the company. Barclays PLC cut their target price on Vornado Realty Trust from $104.00 to $103.00 and set an “equal weight” rating on the stock in a research note on Tuesday, July 18th. Evercore ISI reiterated an “outperform” rating and issued a $87.00 target price (up previously from $86.00) on shares of Vornado Realty Trust in a research note on Wednesday, August 2nd. BidaskClub lowered Vornado Realty Trust from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. Zacks Investment Research upgraded Vornado Realty Trust from a “hold” rating to a “buy” rating and set a $88.00 target price on the stock in a research note on Tuesday, October 17th. Finally, Morgan Stanley restated an “equal weight” rating and set a $81.00 price target on shares of Vornado Realty Trust in a research note on Saturday, July 22nd. Six equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Vornado Realty Trust has a consensus rating of “Buy” and a consensus target price of $93.67.

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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