Today’s Ownership Action: Vornado Realty Trust (NYSE:VNO) First Quarter Institutional Investor Sentiment Steady

November 28, 2016 - By Linda Rogers   ·   0 Comments

Today's Ownership Action: Vornado Realty Trust (NYSE:VNO) First Quarter Institutional Investor Sentiment Steady

Sentiment for Vornado Realty Trust (NYSE:VNO)

Vornado Realty Trust (NYSE:VNO) institutional sentiment decreased to 1.06 in 2016 Q2. Its down -0.12, from 1.18 in 2016Q1. The ratio is negative, as 189 institutional investors increased or started new equity positions, while 160 decreased and sold their holdings in Vornado Realty Trust. The institutional investors in our partner’s database now have: 166.89 million shares, down from 172.71 million shares in 2016Q1. Also, the number of institutional investors holding Vornado Realty Trust in their top 10 equity positions increased from 9 to 15 for an increase of 6. Sold All: 30 Reduced: 130 Increased: 146 New Position: 43.

Vornado Realty Trust is a fully integrated real estate investment trust . The company has a market cap of $18.62 billion. The Firm conducts its business through, and its interests in properties are held by, Vornado Realty L.P. (the Operating Partnership). It has a 47.24 P/E ratio. It is the sole general partner of, and owns common limited partnership interest in the Operating Partnership.

About 761,623 shares traded hands. Vornado Realty Trust (NYSE:VNO) has risen 0.78% since April 25, 2016 and is uptrending. It has underperformed by 5.23% the S&P500.

Analysts await Vornado Realty Trust (NYSE:VNO) to report earnings on February, 13 after the close. They expect $1.32 EPS, down 3.65% or $0.05 from last year’s $1.37 per share. VNO’s profit will be $250.60M for 18.58 P/E if the $1.32 EPS becomes a reality. After $1.24 actual EPS reported by Vornado Realty Trust for the previous quarter, Wall Street now forecasts 6.45% EPS growth.

According to Zacks Investment Research, “Vornado Realty Trust is a fully-integrated real estate investment trust. The company owns, directly or indirectly, the following: Office Building Properties; Retail Properties; Merchandise Mart Properties; Temperature Controlled Logistics; and Other Real Estate Investments. It is one of the largest property owners in New York City.”

V3 Capital Management L.P. holds 9.67% of its portfolio in Vornado Realty Trust for 383,435 shares. Security Capital Research & Management Inc owns 2.34 million shares or 7.95% of their US portfolio. Moreover, Para Advisors Llc has 7.79% invested in the company for 15,000 shares. The New York-based Apg Asset Management Us Inc. has invested 4.45% in the stock. Waterfront Capital Partners Llc, a New York-based fund reported 273,308 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 2 insider buys, and 1 sale for $3.74 million net activity.

Vornado Realty Trust (NYSE:VNO) Ratings Coverage

Ratings analysis reveals 50% of Vornado Realty Trust’s analysts are positive. Out of 6 Wall Street analysts rating Vornado Realty Trust, 3 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $10 while the high is $108. The stock’s average target of $104.80 is 6.85% above today’s ($98.08) share price. VNO was included in 15 notes of analysts from August 5, 2015. The stock of Vornado Realty Trust (NYSE:VNO) earned “Hold” rating by Evercore on Monday, March 21. The firm has “Equalweight” rating given on Tuesday, July 19 by Barclays Capital. The firm has “Buy” rating by Evercore given on Monday, May 16. The firm earned “Equal-Weight” rating on Tuesday, January 26 by Barclays Capital. The company was upgraded on Tuesday, April 12 by Credit Suisse. The stock of Vornado Realty Trust (NYSE:VNO) has “Overweight” rating given on Tuesday, October 20 by Barclays Capital. The stock has “Hold” rating given by TheStreet on Wednesday, August 5. On Thursday, September 3 the stock rating was maintained by SunTrust with “Neutral”. The stock has “Hold” rating given by Deutsche Bank on Monday, May 16. The stock has “Buy” rating given by Bank of America on Friday, November 11.

VNO Company Profile

Vornado Realty Trust, incorporated on March 29, 1993, is a fully integrated real estate investment trust (REIT). The Firm conducts its business through, and its interests in properties are held by, Vornado Realty L.P. (the Operating Partnership). The Firm is the sole general partner of, and owns common limited partnership interest in the Operating Partnership. The Company’s divisions include New York and Washington, DC. The Firm also owns approximately 3.6 million square foot Mart (theMart) in Chicago; interest in 555 California Street; interest in Vornado Capital Partners; its real estate fund, interest in Toys “R” Us, Inc., and other real estate and other investments.

More notable recent Vornado Realty Trust (NYSE:VNO) news were published by: Wsj.com which released: “Vornado Realty to Spin Off Washington DC Business” on October 31, 2016, also Forbes.com with their article: “Oversold Conditions For Vornado Realty Trust (VNO)” published on October 26, 2016, Bizjournals.com published: “JBG said to be in talks to acquire Vornado’s D.C. portfolio spinoff” on October 26, 2016. More interesting news about Vornado Realty Trust (NYSE:VNO) were released by: Therealdeal.com and their article: “Vornado’s LA selloff is part of company’s larger effort to slim down: Analysts” published on October 10, 2016 as well as Therealdeal.com‘s news article titled: “Vornado is shopping its last LA property for $150M” with publication date: October 04, 2016.

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By Linda Rogers

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