Levin Capital Strategies L.P. Purchases 59,100 Shares of Vornado Realty Trust $VNO

Levin Capital Strategies L.P. lifted its position in shares of Vornado Realty Trust (NYSE:VNO) by 281.4% in the 1st quarter, Holdings Channel reports. The institutional investor owned 80,100 shares of the real estate investment trust’s stock after purchasing an additional 59,100 shares during the quarter. Levin Capital Strategies L.P.’s holdings in Vornado Realty Trust were worth $2,082,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. Danske Bank A S acquired a new stake in Vornado Realty Trust in the 3rd quarter valued at approximately $28,000. Farmers & Merchants Investments Inc. grew its stake in shares of Vornado Realty Trust by 512.9% during the 4th quarter. Farmers & Merchants Investments Inc. now owns 858 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 718 shares in the last quarter. Advisory Services Network LLC bought a new position in shares of Vornado Realty Trust during the 3rd quarter worth approximately $33,000. Employees Retirement System of Texas bought a new position in shares of Vornado Realty Trust during the 4th quarter worth approximately $36,000. Finally, Inspire Investing LLC acquired a new stake in shares of Vornado Realty Trust in the fourth quarter valued at approximately $38,000. 90.02% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, Director Michael D. Fascitelli sold 133,350 shares of the stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $36.62, for a total value of $4,883,277.00. Following the transaction, the director directly owned 475,161 shares of the company’s stock, valued at $17,400,395.82. This represents a 21.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Russell B. Wight, Jr. bought 4,000 shares of Vornado Realty Trust stock in a transaction that occurred on Monday, June 8th. The shares were bought at an average cost of $16.94 per share, with a total value of $67,760.00. Following the acquisition, the director directly owned 13,000 shares in the company, valued at $220,220. This trade represents a 44.44% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders own 9.00% of the company’s stock.

Vornado Realty Trust News Summary

Here are the key news stories impacting Vornado Realty Trust this week:

• Positive Sentiment: Mizuho raised its price target on Vornado Realty Trust to $42 from $34 and kept an outperform rating, suggesting upside potential. Benzinga analyst update
• Positive Sentiment: Piper Sandler lifted its target to $42 from $28, while Scotiabank increased its target to $40 from $38, indicating analysts still see value in the stock. Benzinga analyst update
• Positive Sentiment: Vornado reported that its Q2 2026 earnings release will come on August 3, followed by a conference call on August 4, giving investors a near-term catalyst for a clearer view of operating performance. Vornado earnings release date announcement
• Neutral Sentiment: Zacks published a note calling VNO a “strong momentum stock,” which may support trader interest but does not change fundamentals. Zacks momentum article
• Negative Sentiment: A new analyst downgrade is the most likely reason for today’s weakness, offsetting the recent bullish target hikes and keeping sentiment mixed. Benzinga downgrade article

Vornado Realty Trust Stock Performance

Shares of NYSE VNO opened at $38.53 on Thursday. The company has a current ratio of 6.14, a quick ratio of 6.14 and a debt-to-equity ratio of 1.54. Vornado Realty Trust has a 12 month low of $24.57 and a 12 month high of $43.37. The stock has a 50 day moving average of $36.73 and a 200-day moving average of $31.98. The company has a market capitalization of $7.25 billion, a P/E ratio of 10.58, a P/E/G ratio of 2.01 and a beta of 1.53.

Vornado Realty Trust (NYSE:VNO) last posted its quarterly earnings results on Monday, May 4th. The real estate investment trust reported ($0.12) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.07). Vornado Realty Trust had a net margin of 43.99% and a return on equity of 15.82%. The business had revenue of $459.11 million during the quarter, compared to the consensus estimate of $431.71 million. During the same quarter last year, the company posted $0.63 EPS. The firm’s revenue was down .5% on a year-over-year basis. As a group, equities research analysts predict that Vornado Realty Trust will post 2.35 EPS for the current year.

Vornado Realty Trust announced that its Board of Directors has initiated a share repurchase program on Wednesday, April 29th that permits the company to buyback $300.00 million in shares. This buyback authorization permits the real estate investment trust to buy up to 5.4% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s leadership believes its stock is undervalued.

Analyst Upgrades and Downgrades

VNO has been the topic of a number of research reports. Piper Sandler boosted their price objective on shares of Vornado Realty Trust from $28.00 to $42.00 and gave the stock a “neutral” rating in a research report on Tuesday. LADENBURG THALM/SH SH raised their target price on shares of Vornado Realty Trust from $40.00 to $45.00 and gave the company a “buy” rating in a research report on Wednesday, June 10th. Scotiabank lifted their price target on shares of Vornado Realty Trust from $38.00 to $40.00 and gave the company a “sector perform” rating in a research note on Tuesday. JPMorgan Chase & Co. boosted their price target on shares of Vornado Realty Trust from $33.00 to $37.00 and gave the stock a “neutral” rating in a research report on Thursday, May 28th. Finally, BMO Capital Markets upped their price objective on Vornado Realty Trust from $33.00 to $43.00 and gave the stock an “outperform” rating in a research note on Monday, June 15th. Four research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $39.17.

Vornado Realty Trust Company Profile

Vornado Realty Trust is a self‐administered real estate investment trust focused on the ownership, management and redevelopment of office and retail properties. As a fully integrated REIT, the company oversees leasing, property management, building operations and strategic capital improvements designed to enhance asset value and tenant experience. Vornado’s business model emphasizes long‐term cash flow generation through stable rental income and disciplined portfolio optimization.

The company’s core portfolio is concentrated in New York City, where it holds a diverse mix of office towers and street‐level retail assets in prominent submarkets such as Midtown and the Penn Plaza corridor.