SG Americas Securities LLC Cuts Stock Holdings in Vornado Realty Trust $VNO

SG Americas Securities LLC lowered its position in shares of Vornado Realty Trust (NYSE:VNO) by 52.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 73,364 shares of the real estate investment trust’s stock after selling 82,044 shares during the period. SG Americas Securities LLC’s holdings in Vornado Realty Trust were worth $2,442,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in VNO. Franklin Resources Inc. boosted its stake in Vornado Realty Trust by 2.3% during the 3rd quarter. Franklin Resources Inc. now owns 12,309,059 shares of the real estate investment trust’s stock valued at $498,886,000 after purchasing an additional 274,313 shares during the last quarter. State Street Corp raised its stake in shares of Vornado Realty Trust by 0.5% in the second quarter. State Street Corp now owns 8,833,034 shares of the real estate investment trust’s stock worth $337,775,000 after purchasing an additional 39,767 shares during the last quarter. Invesco Ltd. raised its stake in shares of Vornado Realty Trust by 0.9% in the second quarter. Invesco Ltd. now owns 4,239,539 shares of the real estate investment trust’s stock worth $162,120,000 after purchasing an additional 36,355 shares during the last quarter. Centersquare Investment Management LLC lifted its holdings in shares of Vornado Realty Trust by 1.4% during the third quarter. Centersquare Investment Management LLC now owns 3,172,261 shares of the real estate investment trust’s stock valued at $128,572,000 after purchasing an additional 42,323 shares in the last quarter. Finally, Bank of America Corp DE lifted its holdings in shares of Vornado Realty Trust by 9.4% during the second quarter. Bank of America Corp DE now owns 1,730,149 shares of the real estate investment trust’s stock valued at $66,161,000 after purchasing an additional 148,253 shares in the last quarter. 90.02% of the stock is currently owned by hedge funds and other institutional investors.

Vornado Realty Trust Stock Down 0.1%

Vornado Realty Trust stock opened at $25.33 on Friday. Vornado Realty Trust has a one year low of $24.57 and a one year high of $43.37. The stock has a fifty day moving average of $28.19 and a 200 day moving average of $33.56. The company has a debt-to-equity ratio of 1.44, a quick ratio of 5.25 and a current ratio of 5.25. The stock has a market cap of $4.83 billion, a PE ratio of 6.05, a price-to-earnings-growth ratio of 1.37 and a beta of 1.51.

Vornado Realty Trust (NYSE:VNO) last announced its earnings results on Monday, February 9th. The real estate investment trust reported $0.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.57 by ($0.02). The firm had revenue of $453.71 million during the quarter, compared to analysts’ expectations of $440.23 million. Vornado Realty Trust had a return on equity of 18.64% and a net margin of 49.99%.The company’s revenue for the quarter was down .9% on a year-over-year basis. During the same period in the previous year, the business posted $0.61 earnings per share. As a group, sell-side analysts predict that Vornado Realty Trust will post 2.31 EPS for the current year.

Analyst Ratings Changes

Several research firms recently commented on VNO. Truist Financial reduced their price objective on Vornado Realty Trust from $29.00 to $28.00 and set a “hold” rating for the company in a report on Tuesday, March 31st. JPMorgan Chase & Co. dropped their price target on shares of Vornado Realty Trust from $41.00 to $33.00 and set a “neutral” rating on the stock in a report on Wednesday, March 25th. Mizuho reduced their price target on shares of Vornado Realty Trust from $40.00 to $34.00 and set an “outperform” rating for the company in a research note on Tuesday, February 24th. Weiss Ratings reissued a “hold (c)” rating on shares of Vornado Realty Trust in a report on Monday, December 29th. Finally, Wall Street Zen downgraded shares of Vornado Realty Trust from a “hold” rating to a “sell” rating in a research report on Saturday, February 14th. Three research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Vornado Realty Trust currently has a consensus rating of “Hold” and an average price target of $34.82.

Vornado Realty Trust 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.