Traders sold shares of Vornado Realty Trust (NYSE:VNO) on strength during trading hours on Friday. $18.08 million flowed into the stock on the tick-up and $35.76 million flowed out of the stock on the tick-down, for a money net flow of $17.68 million out of the stock. Of all companies tracked, Vornado Realty Trust had the 21st highest net out-flow for the day. Vornado Realty Trust traded up $1.91 for the day and closed at $103.83

Several brokerages have weighed in on VNO. Zacks Investment Research raised Vornado Realty Trust from a “sell” rating to a “hold” rating in a report on Thursday. Citigroup Inc. increased their price objective on Vornado Realty Trust from $106.00 to $116.50 and gave the company a “buy” rating in a report on Thursday, July 7th. Barclays PLC reissued an “equal weight” rating and set a $103.00 price objective on shares of Vornado Realty Trust in a report on Thursday, June 23rd. Vetr lowered Vornado Realty Trust from a “strong-buy” rating to a “buy” rating and set a $108.00 price objective for the company. in a report on Wednesday, June 8th. Finally, Deutsche Bank AG reissued a “hold” rating and set a $97.00 price objective on shares of Vornado Realty Trust in a report on Thursday, April 14th. Six investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $105.50.

The company has a 50-day moving average price of $98.63 and a 200-day moving average price of $93.69. The company has a market capitalization of $19.60 billion and a PE ratio of 40.94.

Vornado Realty Trust (NYSE:VNO) last released its earnings results on Monday, May 2nd. The real estate investment trust reported $1.08 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.22 by $0.14. The firm had revenue of $613.04 million for the quarter. During the same quarter last year, the business earned $1.16 earnings per share. The firm’s revenue for the quarter was up 1.0% compared to the same quarter last year. On average, equities research analysts anticipate that Vornado Realty Trust will post $4.97 EPS for the current fiscal year.

Other institutional investors have added to or reduced their stakes in the company. Tredje AP fonden raised its position in Vornado Realty Trust by 2.4% in the fourth quarter. Tredje AP fonden now owns 10,101 shares of the real estate investment trust’s stock valued at $1,010,000 after buying an additional 240 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in Vornado Realty Trust by 1.7% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 10,423 shares of the real estate investment trust’s stock valued at $1,042,000 after buying an additional 173 shares during the last quarter. Eaton Vance Management raised its position in Vornado Realty Trust by 37.2% in the fourth quarter. Eaton Vance Management now owns 13,650 shares of the real estate investment trust’s stock valued at $1,364,000 after buying an additional 3,700 shares during the last quarter. BP PLC acquired a new position in Vornado Realty Trust during the fourth quarter valued at about $1,899,000. Finally, Stephens Inc. AR raised its position in Vornado Realty Trust by 12.2% in the fourth quarter. Stephens Inc. AR now owns 21,576 shares of the real estate investment trust’s stock valued at $2,157,000 after buying an additional 2,351 shares during the last quarter.

Vornado Realty Trust is a fully integrated real estate investment trust (REIT). The Company conducts its business through, and its interests in properties are held by, Vornado Realty L.P. (the Operating Partnership). It is the sole general partner of, and owns common limited partnership interest in the Operating Partnership.

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