Dimensional Fund Advisors LP Has $65.34 Million Holdings in Vornado Realty Trust $VNO

Dimensional Fund Advisors LP raised its holdings in Vornado Realty Trust (NYSE:VNOFree Report) by 0.5% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,514,173 shares of the real estate investment trust’s stock after buying an additional 13,017 shares during the period. Dimensional Fund Advisors LP owned about 1.34% of Vornado Realty Trust worth $65,340,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in VNO. Norges Bank bought a new position in Vornado Realty Trust during the fourth quarter worth $579,709,000. Franklin Resources Inc. lifted its stake in shares of Vornado Realty Trust by 1.6% during the 4th quarter. Franklin Resources Inc. now owns 12,504,170 shares of the real estate investment trust’s stock worth $416,139,000 after buying an additional 195,111 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its stake in shares of Vornado Realty Trust by 21.4% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 9,053,407 shares of the real estate investment trust’s stock worth $301,300,000 after buying an additional 1,598,643 shares during the last quarter. State Street Corp boosted its holdings in shares of Vornado Realty Trust by 0.5% during the 2nd quarter. State Street Corp now owns 8,833,034 shares of the real estate investment trust’s stock worth $337,775,000 after buying an additional 39,767 shares during the period. Finally, Principal Financial Group Inc. boosted its holdings in shares of Vornado Realty Trust by 4.2% during the 4th quarter. Principal Financial Group Inc. now owns 6,044,708 shares of the real estate investment trust’s stock worth $201,168,000 after buying an additional 243,905 shares during the period. 90.02% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Vornado Realty Trust

In related news, Director Michael D. Fascitelli sold 133,350 shares of the company’s stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $36.62, for a total transaction of $4,883,277.00. Following the completion of the sale, the director 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 transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Russell B. Wight, Jr. acquired 4,000 shares of Vornado Realty Trust stock in a transaction on Monday, June 8th. The shares were purchased at an average price of $16.94 per share, for a total transaction of $67,760.00. Following the completion of the purchase, the director directly owned 13,000 shares of the company’s stock, valued at approximately $220,220. This represents a 44.44% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 9.00% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on VNO. Barclays increased their price target on shares of Vornado Realty Trust from $29.00 to $34.00 and gave the company an “underweight” rating in a report on Tuesday, July 21st. LADENBURG THALM/SH SH upped their target price on Vornado Realty Trust from $40.00 to $45.00 and gave the company a “buy” rating in a research report on Wednesday, June 10th. JPMorgan Chase & Co. lifted their price target on Vornado Realty Trust from $33.00 to $37.00 and gave the stock a “neutral” rating in a report on Thursday, May 28th. Mizuho boosted their price target on Vornado Realty Trust from $34.00 to $42.00 and gave the company an “outperform” rating in a research note on Tuesday, July 21st. Finally, UBS Group lowered Vornado Realty Trust to an “underweight” rating in a report on Wednesday, July 22nd. Four research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, Vornado Realty Trust has a consensus rating of “Hold” and a consensus price target of $39.17.

View Our Latest Stock Report on VNO

Vornado Realty Trust Trading Down 1.9%

Shares of VNO stock opened at $39.39 on Friday. The company has a current ratio of 6.14, a quick ratio of 6.14 and a debt-to-equity ratio of 1.54. The stock has a market cap of $7.41 billion, a P/E ratio of 10.82, a price-to-earnings-growth ratio of 2.02 and a beta of 1.53. The stock has a 50 day simple moving average of $37.92 and a 200 day simple moving average of $32.28. Vornado Realty Trust has a 1 year low of $24.57 and a 1 year high of $43.37.

Vornado Realty Trust (NYSE:VNOGet Free Report) last posted its quarterly earnings data on Monday, May 4th. The real estate investment trust reported ($0.12) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.07). The company had revenue of $459.11 million for the quarter, compared to the consensus estimate of $431.71 million. Vornado Realty Trust had a return on equity of 15.82% and a net margin of 43.99%.Vornado Realty Trust’s revenue was down .5% on a year-over-year basis. During the same quarter last year, the business earned $0.63 EPS. On average, research analysts predict that Vornado Realty Trust will post 2.34 earnings per share for the current fiscal year.

Vornado Realty Trust declared that its Board of Directors has initiated a share repurchase plan on Wednesday, April 29th that permits the company to repurchase $300.00 million in outstanding shares. This repurchase authorization permits the real estate investment trust to repurchase up to 5.4% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.

About Vornado Realty Trust

(Free Report)

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.

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

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