Dimensional Fund Advisors LP boosted its stake in shares of Vornado Realty Trust (NYSE:VNO) by 3.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,400,816 shares of the real estate investment trust’s stock after purchasing an additional 74,310 shares during the period. Dimensional Fund Advisors LP owned about 1.27% of Vornado Realty Trust worth $225,435,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Bessemer Group Inc. lifted its position in Vornado Realty Trust by 62.1% during the second quarter. Bessemer Group Inc. now owns 1,094 shares of the real estate investment trust’s stock valued at $102,000 after purchasing an additional 419 shares during the period. Harvest Fund Management Co. Ltd raised its position in Vornado Realty Trust by 62.5% in the first quarter. Harvest Fund Management Co. Ltd now owns 1,300 shares of the real estate investment trust’s stock worth $130,000 after acquiring an additional 500 shares during the period. Perigon Wealth Management LLC bought a new position in Vornado Realty Trust in the first quarter worth approximately $139,000. Advisors Asset Management Inc. raised its position in Vornado Realty Trust by 98.9% in the first quarter. Advisors Asset Management Inc. now owns 1,490 shares of the real estate investment trust’s stock worth $149,000 after acquiring an additional 741 shares during the period. Finally, Exane Asset Management bought a new position in Vornado Realty Trust in the second quarter worth approximately $187,000. Institutional investors own 85.95% of the company’s stock.

Vornado Realty Trust (NYSE:VNO) last posted its earnings results on Monday, July 31st. The real estate investment trust reported $1.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.26 by $0.09. Vornado Realty Trust had a net margin of 37.96% and a return on equity of 4.51%. The firm had revenue of $626.04 million during the quarter, compared to analysts’ expectations of $633.19 million. During the same period in the previous year, the business posted $1.21 EPS. The business’s revenue was up .7% compared to the same quarter last year.

VNO has been the topic of several recent research reports. Morgan Stanley reiterated an “equal weight” rating and issued a $95.00 price target (down from $111.00) on shares of Vornado Realty Trust in a research report on Tuesday, June 13th. Argus upgraded shares of Vornado Realty Trust from a “hold” rating to a “buy” rating and set a $83.00 price target on the stock in a research report on Thursday, August 24th. TheStreet downgraded shares of Vornado Realty Trust from a “b-” rating to a “c+” rating in a research report on Tuesday, June 20th. Barclays PLC decreased their price target on shares of Vornado Realty Trust from $104.00 to $103.00 and set an “equal weight” rating on the stock in a research report on Tuesday, July 18th. Finally, Citigroup Inc. decreased their price target on shares of Vornado Realty Trust from $96.17 to $92.00 and set a “buy” rating on the stock in a research report on Wednesday, July 19th. Seven investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $96.30.

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Vornado Realty Trust Company Profile

Vornado Realty Trust is a real estate investment trust (REIT). The Company conducts its business through Vornado Realty L.P. (the Operating Partnership). The Company operates through two segments: New York and Washington, DC. As of December 31, 2016, the Company’s New York segment consisted of 28.3 million square feet in 86 properties.

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

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