Y Intercept Hong Kong Ltd Buys 22,918 Shares of Vornado Realty Trust $VNO

Y Intercept Hong Kong Ltd lifted its position in Vornado Realty Trust (NYSE:VNO) by 39.0% during the 3rd quarter, HoldingsChannel reports. The firm owned 81,629 shares of the real estate investment trust’s stock after acquiring an additional 22,918 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Vornado Realty Trust were worth $3,308,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Royal Bank of Canada raised its stake in shares of Vornado Realty Trust by 18.3% in the first quarter. Royal Bank of Canada now owns 27,507 shares of the real estate investment trust’s stock valued at $1,017,000 after acquiring an additional 4,251 shares during the period. AQR Capital Management LLC boosted its stake in shares of Vornado Realty Trust by 18.7% during 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 in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Vornado Realty Trust by 22.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 613,806 shares of the real estate investment trust’s stock valued at $22,705,000 after acquiring an additional 112,956 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in shares of Vornado Realty Trust by 11.7% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 13,293 shares of the real estate investment trust’s stock valued at $502,000 after buying an additional 1,397 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its holdings in Vornado Realty Trust by 215.7% in the second quarter. Farther Finance Advisors LLC now owns 7,559 shares of the real estate investment trust’s stock worth $289,000 after purchasing an additional 5,165 shares during the last quarter. Institutional investors own 90.02% of the company’s stock.

Vornado Realty Trust Price Performance

Vornado Realty Trust stock opened at $31.80 on Tuesday. The company has a fifty day simple moving average of $34.21 and a 200-day simple moving average of $37.17. The firm has a market capitalization of $6.11 billion, a price-to-earnings ratio of 7.57, a PEG ratio of 5.56 and a beta of 1.49. 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 has a 52-week low of $29.68 and a 52-week high of $45.37.

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

Vornado Realty Trust Announces Dividend

The business also recently declared an annual dividend, which was paid on Monday, December 29th. Investors of record on Thursday, December 18th were issued a $0.74 dividend. This represents a dividend yield of 220.0%. The ex-dividend date of this dividend was Thursday, December 18th. Vornado Realty Trust’s dividend payout ratio (DPR) is currently 17.62%.

Analyst Upgrades and Downgrades

VNO has been the subject of a number of recent analyst reports. Mizuho lowered their target price on shares of Vornado Realty Trust from $43.00 to $40.00 and set an “outperform” rating for the company in a research note on Friday, December 12th. Weiss Ratings reissued a “hold (c)” rating on shares of Vornado Realty Trust in a research note on Monday, December 29th. Truist Financial dropped their target price on Vornado Realty Trust from $40.00 to $36.00 and set a “hold” rating on the stock in a research report on Tuesday, December 16th. Scotiabank reduced their price target on Vornado Realty Trust from $38.00 to $36.00 and set a “sector perform” rating for the company in a report on Wednesday, January 14th. Finally, Evercore ISI reduced their target price on Vornado Realty Trust from $43.00 to $42.00 and set an “outperform” rating for the company in a research note on Monday, December 15th. Three equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Vornado Realty Trust presently has an average rating of “Hold” and a consensus price target of $38.31.

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.