KCG Holdings Inc. Buys 12,114 Shares of Vornado Realty Trust (NYSE:VNO)

KCG Holdings Inc. increased its stake in shares of Vornado Realty Trust (NYSE:VNO) by 241.7% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 17,126 shares of the real estate investment trust’s stock after buying an additional 12,114 shares during the period. KCG Holdings Inc.’s holdings in Vornado Realty Trust were worth $1,718,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Janney Montgomery Scott LLC boosted its position in Vornado Realty Trust by 0.8% in the first quarter. Janney Montgomery Scott LLC now owns 2,069 shares of the real estate investment trust’s stock valued at $208,000 after buying an additional 16 shares in the last quarter. 1st Global Advisors Inc. raised its position in shares of Vornado Realty Trust by 0.6% in the first quarter. 1st Global Advisors Inc. now owns 3,049 shares of the real estate investment trust’s stock worth $306,000 after buying an additional 19 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. raised its position in shares of Vornado Realty Trust by 1.4% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,404 shares of the real estate investment trust’s stock worth $146,000 after buying an additional 20 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in Vornado Realty Trust by 0.4% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 9,145 shares of the real estate investment trust’s stock worth $954,000 after buying an additional 34 shares during the last quarter. Finally, Cleararc Capital Inc. boosted its stake in shares of Vornado Realty Trust by 0.8% in the first quarter. Cleararc Capital Inc. now owns 4,198 shares of the real estate investment trust’s stock valued at $421,000 after buying an additional 35 shares in the last quarter. 91.92% of the stock is currently owned by institutional investors.

Shares of Vornado Realty Trust (NYSE VNO) traded up 1.67% during midday trading on Friday, hitting $93.92. 1,522,127 shares of the company traded hands. The stock has a 50 day moving average of $93.31 and a 200-day moving average of $101.07. Vornado Realty Trust has a 52 week low of $86.35 and a 52 week high of $111.72. The stock has a market capitalization of $17.78 billion, a PE ratio of 18.14 and a beta of 0.96.

Vornado Realty Trust (NYSE:VNO) last announced its quarterly earnings data on Monday, May 1st. The real estate investment trust reported $1.13 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.49 by $0.64. The company had revenue of $620.85 million for the quarter, compared to the consensus estimate of $642 million. Vornado Realty Trust had a return on equity of 6.84% and a net margin of 42.35%. Vornado Realty Trust’s quarterly revenue was up 1.3% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.61) EPS. Equities analysts forecast that Vornado Realty Trust will post $1.50 earnings per share for the current fiscal year.

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VNO has been the topic of several research analyst reports. Deutsche Bank AG upped their price objective on shares of Vornado Realty Trust from $97.00 to $105.00 and gave the stock a “hold” rating in a research note on Monday, March 20th. Evercore ISI increased their price objective on shares of Vornado Realty Trust from $113.00 to $114.00 and gave the company an “in-line” rating in a report on Monday, March 27th. Barclays PLC increased their target price on shares of Vornado Realty Trust from $101.00 to $104.00 and gave the stock an “equal weight” rating in a report on Tuesday, March 28th. BidaskClub raised shares of Vornado Realty Trust from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 10th. Finally, Morgan Stanley reaffirmed an “equal weight” rating and issued a $95.00 target price (down previously from $111.00) on shares of Vornado Realty Trust in a research report on Tuesday, June 13th. One analyst has rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company. Vornado Realty Trust presently has an average rating of “Hold” and an average price target of $106.17.

About Vornado Realty Trust

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.

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

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