SG Americas Securities LLC Has $1.11 Million Holdings in Vornado Realty Trust $VNO

SG Americas Securities LLC trimmed its holdings in Vornado Realty Trust (NYSE:VNOFree Report) by 50.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 28,981 shares of the real estate investment trust’s stock after selling 29,179 shares during the period. SG Americas Securities LLC’s holdings in Vornado Realty Trust were worth $1,108,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of VNO. Twin Tree Management LP lifted its holdings in shares of Vornado Realty Trust by 102.1% during the 1st quarter. Twin Tree Management LP now owns 785 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 38,585 shares in the last quarter. Assetmark Inc. raised its holdings in Vornado Realty Trust by 23.3% during the 1st quarter. Assetmark Inc. now owns 1,835 shares of the real estate investment trust’s stock worth $68,000 after buying an additional 347 shares during the period. Bfsg LLC lifted its stake in Vornado Realty Trust by 14.4% in the second quarter. Bfsg LLC now owns 4,756 shares of the real estate investment trust’s stock valued at $182,000 after buying an additional 600 shares in the last quarter. Yoffe Investment Management LLC bought a new position in Vornado Realty Trust in the second quarter valued at approximately $202,000. Finally, Sowell Financial Services LLC acquired a new position in shares of Vornado Realty Trust in the second quarter valued at approximately $207,000. 90.02% of the stock is currently owned by institutional investors.

Insider Activity at Vornado Realty Trust

In other news, EVP Haim Chera sold 30,000 shares of the business’s stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $39.64, for a total transaction of $1,189,200.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 8.42% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. Scotiabank dropped their price objective on shares of Vornado Realty Trust from $40.00 to $38.00 and set a “sector perform” rating on the stock in a report on Thursday, November 13th. Bank of America lowered their target price on Vornado Realty Trust from $42.00 to $40.00 and set a “neutral” rating for the company in a report on Monday, August 25th. Citigroup raised Vornado Realty Trust from a “sell” rating to a “neutral” rating and lifted their price target for the company from $34.00 to $42.00 in a research note on Friday, September 12th. Truist Financial upped their price objective on Vornado Realty Trust from $38.00 to $40.00 and gave the stock a “hold” rating in a research report on Friday, September 12th. Finally, Piper Sandler decreased their price objective on Vornado Realty Trust from $39.00 to $38.00 and set a “neutral” rating for the company in a report on Wednesday, November 5th. Three analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $39.17.

Get Our Latest Stock Report on VNO

Vornado Realty Trust Stock Up 2.5%

NYSE:VNO opened at $33.85 on Friday. The firm has a market capitalization of $6.50 billion, a price-to-earnings ratio of 8.38, a price-to-earnings-growth ratio of 4.57 and a beta of 1.57. Vornado Realty Trust has a twelve month low of $29.68 and a twelve month high of $46.52. The stock’s 50 day moving average price is $38.59 and its two-hundred day moving average price is $38.66. The company has a quick ratio of 6.82, a current ratio of 6.82 and a debt-to-equity ratio of 1.40.

Vornado Realty Trust (NYSE:VNOGet Free Report) last released its quarterly earnings data on Monday, November 3rd. The real estate investment trust reported $0.57 EPS for the quarter, beating the consensus estimate of $0.55 by $0.02. The company had revenue of $453.70 million during the quarter, compared to the consensus estimate of $435.19 million. Vornado Realty Trust had a return on equity of 19.64% and a net margin of 48.49%.The firm’s revenue for the quarter was up 2.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.52 EPS. Equities research analysts expect that Vornado Realty Trust will post 2.31 earnings per share for the current fiscal year.

Vornado Realty Trust Profile

(Free Report)

Vornado Realty Trust is a fully – integrated equity real estate investment trust.

See Also

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

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