New Age Alpha Advisors LLC Increases Stock Holdings in Vornado Realty Trust $VNO

New Age Alpha Advisors LLC increased its holdings in shares of Vornado Realty Trust (NYSE:VNO) by 17,863.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,921 shares of the real estate investment trust’s stock after buying an additional 28,760 shares during the period. New Age Alpha Advisors LLC’s holdings in Vornado Realty Trust were worth $962,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VNO. Danske Bank A S purchased a new position in Vornado Realty Trust in the 3rd quarter valued at $28,000. Farmers & Merchants Investments Inc. lifted its holdings in Vornado Realty Trust by 512.9% in the 4th quarter. Farmers & Merchants Investments Inc. now owns 858 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 718 shares in the last quarter. Advisory Services Network LLC purchased a new position in Vornado Realty Trust in the 3rd quarter valued at $33,000. Westside Investment Management Inc. lifted its holdings in Vornado Realty Trust by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 886 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 443 shares in the last quarter. Finally, BOKF NA lifted its holdings in Vornado Realty Trust by 1,257.1% in the 3rd quarter. BOKF NA now owns 1,140 shares of the real estate investment trust’s stock valued at $46,000 after purchasing an additional 1,056 shares in the last quarter. Hedge funds and other institutional investors own 90.02% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. Citigroup raised their price objective on Vornado Realty Trust from $32.00 to $34.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Mizuho decreased their price objective on Vornado Realty Trust from $40.00 to $34.00 and set an “outperform” rating on the stock in a report on Tuesday, February 24th. Barclays decreased their price objective on Vornado Realty Trust from $33.00 to $28.00 and set an “underweight” rating on the stock in a report on Thursday, February 26th. Wall Street Zen lowered Vornado Realty Trust from a “hold” rating to a “sell” rating in a report on Saturday, February 14th. Finally, Scotiabank raised their price objective on Vornado Realty Trust from $32.00 to $33.00 and gave the company a “sector perform” rating in a report on Thursday, May 21st. Three research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Vornado Realty Trust currently has a consensus rating of “Hold” and an average price target of $34.18.

Vornado Realty Trust Stock Up 1.9%

Shares of VNO opened at $33.33 on Thursday. Vornado Realty Trust has a 52-week low of $24.57 and a 52-week high of $43.37. The company has a market capitalization of $6.27 billion, a PE ratio of 9.16, a price-to-earnings-growth ratio of 1.65 and a beta of 1.53. The stock has a fifty day simple moving average of $28.72 and a two-hundred day simple moving average of $31.06. The company has a quick ratio of 6.14, a current ratio of 6.14 and a debt-to-equity ratio of 1.54.

Vornado Realty Trust (NYSE:VNO) last issued its earnings results on Monday, May 4th. The real estate investment trust reported ($0.12) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.07). Vornado Realty Trust had a return on equity of 15.82% and a net margin of 43.99%.The company had revenue of $459.11 million during the quarter, compared to analyst estimates of $431.72 million. During the same period last year, the business earned $0.63 earnings per share. The firm’s revenue was down .5% compared to the same quarter last year. As a group, equities analysts forecast that Vornado Realty Trust will post 2.33 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 authorizes the company to repurchase $300.00 million in shares. This repurchase authorization authorizes the real estate investment trust to repurchase up to 5.4% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company’s leadership believes its shares are undervalued.

About Vornado Realty Trust

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.