Vornado Realty Trust $VNO Shares Acquired by SG Americas Securities LLC

SG Americas Securities LLC increased its stake in shares of Vornado Realty Trust (NYSE:VNO) by 436.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 155,408 shares of the real estate investment trust’s stock after buying an additional 126,427 shares during the quarter. SG Americas Securities LLC owned about 0.08% of Vornado Realty Trust worth $6,299,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Royal Bank of Canada increased its holdings in shares of Vornado Realty Trust by 18.3% in the 1st quarter. Royal Bank of Canada now owns 27,507 shares of the real estate investment trust’s stock worth $1,017,000 after acquiring an additional 4,251 shares during the period. AQR Capital Management LLC increased its stake in shares of Vornado Realty Trust by 18.7% in the first quarter. AQR Capital Management LLC now owns 51,939 shares of the real estate investment trust’s stock valued at $1,903,000 after purchasing an additional 8,189 shares during the period. Goldman Sachs Group Inc. raised its holdings in shares of Vornado Realty Trust by 22.6% during the first quarter. Goldman Sachs Group Inc. now owns 613,806 shares of the real estate investment trust’s stock valued at $22,705,000 after buying an additional 112,956 shares during the last quarter. Acadian Asset Management LLC acquired a new position in shares of Vornado Realty Trust during the first quarter worth approximately $3,341,000. Finally, Strs Ohio acquired a new position in shares of Vornado Realty Trust during the first quarter worth approximately $1,175,000. 90.02% of the stock is currently owned by institutional investors.

Vornado Realty Trust Trading Down 0.4%

Shares of VNO stock opened at $34.49 on Friday. The stock has a 50-day simple moving average of $34.76 and a 200 day simple moving average of $37.52. The stock has a market capitalization of $6.62 billion, a P/E ratio of 8.21, a P/E/G ratio of 5.94 and a beta of 1.49. Vornado Realty Trust has a fifty-two week low of $29.68 and a fifty-two week high of $45.37. The company has a quick ratio of 5.58, a current ratio of 5.58 and a debt-to-equity ratio of 1.42.

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

Vornado Realty Trust Dividend Announcement

The business also recently declared an annual dividend, which was paid on Monday, December 29th. Shareholders of record on Thursday, December 18th were issued 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%.

Wall Street Analysts Forecast Growth

VNO has been the topic of several analyst reports. Scotiabank lowered their target price on Vornado Realty Trust from $40.00 to $38.00 and set a “sector perform” rating on the stock in a research report on Thursday, November 13th. Piper Sandler cut their price objective on shares of Vornado Realty Trust from $39.00 to $38.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 5th. LADENBURG THALM/SH SH initiated coverage on shares of Vornado Realty Trust in a report on Monday, October 13th. They issued a “buy” rating and a $48.00 price objective for the company. Evercore ISI lowered their target price 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, JPMorgan Chase & Co. upgraded shares of Vornado Realty Trust from an “underweight” rating to a “neutral” rating and set a $41.00 price target on the stock in a research report on Monday, November 24th. Three research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $38.46.

About Vornado Realty Trust

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.