16,171 Shares in Vornado Realty Trust $VNO Purchased by Inceptionr LLC

Inceptionr LLC bought a new stake in Vornado Realty Trust (NYSE:VNO) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 16,171 shares of the real estate investment trust’s stock, valued at approximately $420,000.

Several other large investors have also recently bought and sold shares of the stock. Louisiana State Employees Retirement System bought a new position in shares of Vornado Realty Trust in the first quarter valued at approximately $1,206,000. Pacific Heights Asset Management LLC lifted its position in Vornado Realty Trust by 75.0% in the fourth quarter. Pacific Heights Asset Management LLC now owns 350,000 shares of the real estate investment trust’s stock worth $11,648,000 after purchasing an additional 150,000 shares during the period. Legal & General Group Plc lifted its position in Vornado Realty Trust by 9.1% in the fourth quarter. Legal & General Group Plc now owns 1,789,601 shares of the real estate investment trust’s stock worth $59,558,000 after purchasing an additional 149,598 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in Vornado Realty Trust by 24,536.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 62,824 shares of the real estate investment trust’s stock valued at $2,091,000 after purchasing an additional 62,569 shares in the last quarter. Finally, Advisors Preferred LLC bought a new position in Vornado Realty Trust during the 1st quarter valued at $2,102,000. Institutional investors and hedge funds own 90.02% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on VNO. Scotiabank boosted their price objective on Vornado Realty Trust from $38.00 to $40.00 and gave the stock a “sector perform” rating in a research note on Tuesday, July 21st. Truist Financial lifted their price objective on shares of Vornado Realty Trust from $28.00 to $39.00 and gave the stock a “hold” rating in a research note on Friday, June 26th. LADENBURG THALM/SH SH increased their target price on shares of Vornado Realty Trust from $40.00 to $45.00 and gave the company a “buy” rating in a research note on Wednesday, June 10th. Piper Sandler raised their target price on shares of Vornado Realty Trust from $28.00 to $42.00 and gave the stock a “neutral” rating in a report on Tuesday, July 21st. Finally, UBS Group lowered shares of Vornado Realty Trust to an “underweight” rating in a research report on Wednesday. Four investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Vornado Realty Trust has a consensus rating of “Hold” and an average target price of $39.17.

Insider Buying and Selling

In other news, Director Russell B. Wight, Jr. bought 4,000 shares of the business’s stock in a transaction on Monday, June 8th. The shares were bought at an average cost of $16.94 per share, with a total value of $67,760.00. Following the purchase, the director directly owned 13,000 shares in the company, valued at $220,220. This trade represents a 44.44% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Michael D. Fascitelli sold 133,350 shares of the stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $36.62, for a total value of $4,883,277.00. Following the completion of the sale, the director owned 475,161 shares of the company’s stock, valued at $17,400,395.82. The trade was a 21.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 9.00% of the company’s stock.

Vornado Realty Trust Price Performance

NYSE VNO opened at $39.76 on Monday. The stock’s 50-day moving average price is $37.07 and its two-hundred day moving average price is $32.06. The company has a current ratio of 6.14, a quick ratio of 6.14 and a debt-to-equity ratio of 1.54. The company has a market cap of $7.48 billion, a PE ratio of 10.92, a PEG ratio of 2.00 and a beta of 1.53. Vornado Realty Trust has a 1 year low of $24.57 and a 1 year high of $43.37.

Vornado Realty Trust (NYSE:VNO) last announced its earnings results on Monday, May 4th. The real estate investment trust reported ($0.12) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.07). Vornado Realty Trust had a return on equity of 15.82% and a net margin of 43.99%.The firm had revenue of $459.11 million during the quarter, compared to analyst estimates of $431.71 million. During the same quarter in the previous year, the business earned $0.63 earnings per share. The business’s quarterly revenue was down .5% compared to the same quarter last year. On average, analysts predict that Vornado Realty Trust will post 2.34 EPS for the current year.

Vornado Realty Trust declared that its board has authorized a stock buyback plan on Wednesday, April 29th that allows the company to buyback $300.00 million in outstanding shares. This buyback authorization allows the real estate investment trust to reacquire up to 5.4% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s board of directors believes its stock is undervalued.

Vornado Realty Trust Company 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.