Dimensional Fund Advisors LP Buys 13,017 Shares of Vornado Realty Trust $VNO

Dimensional Fund Advisors LP grew its stake in Vornado Realty Trust (NYSE:VNO) by 0.5% during the first quarter, HoldingsChannel reports. The firm owned 2,514,173 shares of the real estate investment trust’s stock after buying an additional 13,017 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Vornado Realty Trust were worth $65,340,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Norges Bank bought a new position in Vornado Realty Trust in the 4th quarter valued at approximately $579,709,000. Price T Rowe Associates Inc. MD grew its stake in shares of Vornado Realty Trust by 21.4% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 9,053,407 shares of the real estate investment trust’s stock worth $301,300,000 after buying an additional 1,598,643 shares during the last quarter. Resolution Capital Ltd bought a new stake in shares of Vornado Realty Trust during the second quarter worth $49,565,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Vornado Realty Trust by 393,598.5% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,051,175 shares of the real estate investment trust’s stock worth $34,983,000 after buying an additional 1,050,908 shares in the last quarter. Finally, Schonfeld Strategic Advisors LLC lifted its stake in shares of Vornado Realty Trust by 4,243.2% in the 4th quarter. Schonfeld Strategic Advisors LLC now owns 676,278 shares of the real estate investment trust’s stock valued at $22,507,000 after acquiring an additional 660,707 shares during the last quarter. 90.02% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms recently weighed in on VNO. Morgan Stanley downgraded Vornado Realty Trust from an “equal weight” rating to an “underweight” rating and set a $32.00 price objective on the stock. in a report on Wednesday, July 22nd. Mizuho raised their price objective on shares of Vornado Realty Trust from $34.00 to $42.00 and gave the company an “outperform” rating in a report on Tuesday, July 21st. Citigroup lifted their target price on Vornado Realty Trust from $32.00 to $34.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. BMO Capital Markets boosted their target price on shares of Vornado Realty Trust from $33.00 to $43.00 and gave the company an “outperform” rating in a report on Monday, June 15th. Finally, Scotiabank increased their price target on Vornado Realty Trust from $38.00 to $40.00 and gave the stock a “sector perform” rating in a report on Tuesday, July 21st. Four analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $39.17.

Vornado Realty Trust Trading Down 1.9%

NYSE:VNO opened at $39.39 on Friday. The firm has a 50-day moving average price of $37.92 and a two-hundred day moving average price of $32.28. The firm has a market cap of $7.41 billion, a price-to-earnings ratio of 10.82, a price-to-earnings-growth ratio of 2.02 and a beta of 1.53. Vornado Realty Trust has a 52 week low of $24.57 and a 52 week high of $43.37. The company has a debt-to-equity ratio of 1.54, a quick ratio of 6.14 and a current ratio of 6.14.

Vornado Realty Trust (NYSE:VNO) last announced its quarterly earnings data 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). The business had revenue of $459.11 million during the quarter, compared to the consensus estimate of $431.71 million. Vornado Realty Trust had a net margin of 43.99% and a return on equity of 15.82%. The firm’s revenue for the quarter was down .5% compared to the same quarter last year. During the same quarter last year, the company earned $0.63 EPS. On average, equities analysts expect that Vornado Realty Trust will post 2.34 earnings per share for the current fiscal year.

Vornado Realty Trust announced that its Board of Directors has approved a share buyback plan on Wednesday, April 29th that allows the company to buyback $300.00 million in outstanding shares. This buyback authorization allows the real estate investment trust to purchase up to 5.4% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s management believes its stock is undervalued.

Insider Buying and Selling at Vornado Realty Trust

In other news, Director Russell B. Wight, Jr. purchased 4,000 shares of the business’s stock in a transaction dated Monday, June 8th. The stock was bought at an average price of $16.94 per share, for a total transaction of $67,760.00. Following the purchase, the director owned 13,000 shares of the company’s stock, valued at $220,220. The trade was a 44.44% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Michael D. Fascitelli sold 133,350 shares of Vornado Realty Trust stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $36.62, for a total value of $4,883,277.00. Following the completion of the sale, the director directly owned 475,161 shares of the company’s stock, valued at approximately $17,400,395.82. This trade represents a 21.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 9.00% of the stock is currently owned by corporate insiders.

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.