Patriot Wealth Management Inc. raised its holdings in Vornado Realty Trust (NYSE:VNO) by 1.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 67,719 shares of the real estate investment trust’s stock after acquiring an additional 1,152 shares during the quarter. Patriot Wealth Management Inc.’s holdings in Vornado Realty Trust were worth $5,294,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Sun Life Financial INC boosted its stake in Vornado Realty Trust by 13,866.7% in the second quarter. Sun Life Financial INC now owns 1,257 shares of the real estate investment trust’s stock valued at $118,000 after acquiring an additional 1,248 shares during the last quarter. Fieldpoint Private Securities LLC bought a new position in shares of Vornado Realty Trust during the third quarter worth $100,000. West Oak Capital LLC bought a new position in shares of Vornado Realty Trust during the fourth quarter worth $138,000. Ladenburg Thalmann Financial Services Inc. boosted its position in shares of Vornado Realty Trust by 56.2% during the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,996 shares of the real estate investment trust’s stock worth $154,000 after purchasing an additional 718 shares in the last quarter. Finally, Perigon Wealth Management LLC boosted its position in shares of Vornado Realty Trust by 56.5% during the second quarter. Perigon Wealth Management LLC now owns 2,175 shares of the real estate investment trust’s stock worth $204,000 after purchasing an additional 785 shares in the last quarter. 86.00% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Vornado Realty Trust (NYSE VNO) traded down $1.07 during trading hours on Wednesday, hitting $72.66. 1,381,873 shares of the company were exchanged, compared to its average volume of 882,043. Vornado Realty Trust has a fifty-two week low of $71.89 and a fifty-two 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. The firm has a market capitalization of $14,000.00, a price-to-earnings ratio of 17.30, a price-to-earnings-growth ratio of 4.54 and a beta of 1.00.

Vornado Realty Trust (NYSE:VNO) last issued its quarterly earnings data on Monday, October 30th. The real estate investment trust reported $0.99 EPS for the quarter, topping analysts’ consensus estimates of $0.09 by $0.90. Vornado Realty Trust had a net margin of 35.23% and a return on equity of 4.73%. The business had revenue of $528.76 million for the quarter, compared to analyst estimates of $545.53 million. During the same period last year, the business posted $0.35 earnings per share. The firm’s quarterly revenue was up 5.2% on a year-over-year basis. equities analysts predict that Vornado Realty Trust will post 3.92 earnings per share for the current year.

A number of equities analysts have recently weighed in on VNO shares. Zacks Investment Research raised shares of Vornado Realty Trust from a “strong sell” rating to a “hold” rating in a research report on Wednesday, September 13th. JPMorgan Chase & Co. cut shares of Vornado Realty Trust from an “overweight” rating to a “neutral” rating and set a $92.00 price target on the stock. in a research report on Friday, December 15th. Morgan Stanley raised shares of Vornado Realty Trust from an “equal weight” rating to an “overweight” rating and lifted their price target for the stock from $81.00 to $84.00 in a research report on Tuesday, October 10th. TheStreet raised shares of Vornado Realty Trust from a “c+” rating to a “b-” rating in a research report on Monday, December 18th. Finally, Barclays reissued a “hold” rating and set a $80.00 price target on shares of Vornado Realty Trust in a research report on Thursday, October 19th. Seven investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $91.75.

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Vornado Realty Trust Company Profile

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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