Vornado Realty Trust (NYSE:VNO) Stock Holdings Lowered by California Public Employees Retirement System

California Public Employees Retirement System cut its position in Vornado Realty Trust (NYSE:VNO) by 4.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 347,024 shares of the real estate investment trust’s stock after selling 15,306 shares during the quarter. California Public Employees Retirement System owned about 0.18% of Vornado Realty Trust worth $14,589,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VNO. ORG Wealth Partners LLC bought a new stake in shares of Vornado Realty Trust during the fourth quarter valued at approximately $32,000. UMB Bank n.a. raised its stake in Vornado Realty Trust by 53.2% during the 4th quarter. UMB Bank n.a. now owns 772 shares of the real estate investment trust’s stock valued at $32,000 after acquiring an additional 268 shares in the last quarter. Versant Capital Management Inc boosted its position in Vornado Realty Trust by 1,014.0% during the 4th quarter. Versant Capital Management Inc now owns 958 shares of the real estate investment trust’s stock worth $40,000 after acquiring an additional 872 shares during the period. Quarry LP bought a new position in shares of Vornado Realty Trust in the third quarter worth $54,000. Finally, Assetmark Inc. increased its holdings in shares of Vornado Realty Trust by 23.8% during the fourth quarter. Assetmark Inc. now owns 1,488 shares of the real estate investment trust’s stock valued at $63,000 after purchasing an additional 286 shares during the period. 90.02% of the stock is owned by institutional investors and hedge funds.

Vornado Realty Trust Price Performance

NYSE VNO opened at $32.96 on Friday. The company has a current ratio of 4.59, a quick ratio of 4.59 and a debt-to-equity ratio of 1.98. Vornado Realty Trust has a 1 year low of $22.42 and a 1 year high of $46.63. The company has a market cap of $6.29 billion, a PE ratio of 823.98, a PEG ratio of 9.69 and a beta of 1.60. The stock’s 50-day moving average price is $39.71 and its two-hundred day moving average price is $40.99.

Vornado Realty Trust (NYSE:VNO) last announced its earnings results on Monday, February 10th. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.66. Vornado Realty Trust had a net margin of 3.94% and a return on equity of 1.60%. On average, analysts predict that Vornado Realty Trust will post 2.31 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages recently issued reports on VNO. Compass Point increased their target price on shares of Vornado Realty Trust from $40.00 to $44.00 and gave the company a “neutral” rating in a research report on Wednesday, February 12th. Morgan Stanley raised their price objective on shares of Vornado Realty Trust from $26.00 to $28.00 and gave the company an “equal weight” rating in a research note on Friday, March 14th. Barclays upped their target price on Vornado Realty Trust from $31.00 to $32.00 and gave the stock an “underweight” rating in a research report on Friday, March 14th. The Goldman Sachs Group lifted their price target on Vornado Realty Trust from $27.00 to $30.00 and gave the company a “sell” rating in a research report on Tuesday, February 25th. Finally, Mizuho raised Vornado Realty Trust from a “neutral” rating to an “outperform” rating and raised their target price for the company from $38.00 to $48.00 in a research note on Tuesday, January 7th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $38.55.

About Vornado Realty Trust

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