Vornado Realty Trust $VNO Shares Sold by Strs Ohio

Strs Ohio reduced its stake in Vornado Realty Trust (NYSE:VNO) by 89.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,217 shares of the real estate investment trust’s stock after selling 35,132 shares during the period. Strs Ohio’s holdings in Vornado Realty Trust were worth $171,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Quent Capital LLC acquired a new stake in shares of Vornado Realty Trust during the third quarter valued at about $39,000. Spire Wealth Management boosted its position in shares of Vornado Realty Trust by 19.6% during the 3rd quarter. Spire Wealth Management now owns 1,680 shares of the real estate investment trust’s stock worth $68,000 after purchasing an additional 275 shares during the period. Skandinaviska Enskilda Banken AB publ purchased a new position in shares of Vornado Realty Trust during the 2nd quarter worth approximately $111,000. Assetmark Inc. increased its holdings in Vornado Realty Trust by 63.7% in the 2nd quarter. Assetmark Inc. now owns 3,004 shares of the real estate investment trust’s stock valued at $115,000 after purchasing an additional 1,169 shares during the last quarter. Finally, State of Wyoming purchased a new stake in Vornado Realty Trust in the second quarter valued at approximately $175,000. Institutional investors and hedge funds own 90.02% of the company’s stock.

Analyst Upgrades and Downgrades

VNO has been the subject of several research analyst reports. Scotiabank lowered their price target on Vornado Realty Trust from $38.00 to $36.00 and set a “sector perform” rating for the company in a research report on Wednesday, January 14th. JPMorgan Chase & Co. raised Vornado Realty Trust from an “underweight” rating to a “neutral” rating and set a $41.00 target price on the stock in a research note on Monday, November 24th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Vornado Realty Trust in a research report on Monday, December 29th. Evercore ISI cut their price target on shares of Vornado Realty Trust from $43.00 to $42.00 and set an “outperform” rating on the stock in a research note on Monday, December 15th. Finally, Mizuho reduced their price target on shares of Vornado Realty Trust from $43.00 to $40.00 and set an “outperform” rating on the stock in a research report on Friday, December 12th. Three equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Vornado Realty Trust has an average rating of “Hold” and an average price target of $38.31.

Vornado Realty Trust Trading Down 1.4%

VNO opened at $30.37 on Wednesday. The business has a fifty day moving average price of $33.84 and a 200 day moving average price of $36.86. The company has a debt-to-equity ratio of 1.42, a current ratio of 5.58 and a quick ratio of 5.58. Vornado Realty Trust has a 12 month low of $29.68 and a 12 month high of $45.37. The stock has a market capitalization of $5.83 billion, a price-to-earnings ratio of 7.23, a PEG ratio of 5.34 and a beta of 1.52.

Vornado Realty Trust (NYSE:VNO) last posted its quarterly earnings results on Monday, November 3rd. The real estate investment trust reported $0.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.02. Vornado Realty Trust had a return on equity of 19.48% and a net margin of 49.91%.The company had revenue of $453.70 million for the quarter, compared to analyst estimates of $435.19 million. During the same quarter last year, the company earned $0.52 EPS. Vornado Realty Trust’s revenue for the quarter was up 2.4% compared to the same quarter last year. Sell-side analysts expect that Vornado Realty Trust will post 2.31 earnings per share for the current fiscal year.

Vornado Realty Trust Announces Dividend

The company also recently disclosed an annual dividend, which was paid on Monday, December 29th. Shareholders of record on Thursday, December 18th were given a $0.74 dividend. The ex-dividend date of this dividend was Thursday, December 18th. This represents a dividend yield of 220.0%. Vornado Realty Trust’s dividend payout ratio is currently 17.62%.

Vornado Realty Trust Company Profile

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.