Investors 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 equities tracked, Vornado Realty Trust had the 0th highest net out-flow for the day. Vornado Realty Trust traded up $1.91 for the day and closed at $103.83

VNO has been the subject of a number of recent research reports. Vetr lowered shares of Vornado Realty Trust from a “buy” rating to a “hold” rating and set a $96.09 price target for the company. in a research report on Tuesday, March 29th. Deutsche Bank AG reaffirmed a “hold” rating and set a $97.00 price objective on shares of Vornado Realty Trust in a research note on Thursday, April 14th. Zacks Investment Research cut shares of Vornado Realty Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, July 12th. Evercore ISI raised shares of Vornado Realty Trust from a “hold” rating to a “buy” rating and raised their price objective for the stock from $106.00 to $108.00 in a research note on Monday, May 16th. Finally, Barclays PLC reaffirmed an “equal weight” rating and set a $103.00 price objective on shares of Vornado Realty Trust in a research note on Thursday, June 23rd. Six investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Vornado Realty Trust currently has a consensus rating of “Hold” and an average price target of $105.50.

The stock’s 50 day moving average price is $98.63 and its 200-day moving average price is $93.69. The company has a market cap of $19.60 billion and a PE ratio of 40.94.

Vornado Realty Trust (NYSE:VNO) last announced its quarterly earnings results on Monday, May 2nd. The real estate investment trust reported $1.08 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.22 by $0.14. The company earned $613.04 million during the quarter. During the same period in the prior year, the business earned $1.16 earnings per share. Vornado Realty Trust’s quarterly revenue was up 1.0% on a year-over-year basis. Equities analysts expect that Vornado Realty Trust will post $4.97 earnings per share for the current fiscal year.

Other large investors have recently modified their holdings of the company. Tredje AP fonden boosted its stake in shares of 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 worth $1,010,000 after buying an additional 240 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in shares of 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 worth $1,042,000 after buying an additional 173 shares in the last quarter. Eaton Vance Management boosted its stake in shares of 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 worth $1,364,000 after buying an additional 3,700 shares in the last quarter. BP PLC purchased a new stake in shares of Vornado Realty Trust during the fourth quarter worth $1,899,000. Finally, Stephens Inc. AR boosted its stake in shares of 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 worth $2,157,000 after buying an additional 2,351 shares in 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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