GSA Capital Partners LLP Invests $1.01 Million in Vornado Realty Trust $VNO

GSA Capital Partners LLP acquired a new stake in Vornado Realty Trust (NYSE:VNO) in the third quarter, HoldingsChannel.com reports. The firm acquired 24,830 shares of the real estate investment trust’s stock, valued at approximately $1,006,000.

Other large investors have also recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in Vornado Realty Trust in the 2nd quarter worth about $665,094,000. JPMorgan Chase & Co. boosted its position in shares of Vornado Realty Trust by 88.1% in the second quarter. JPMorgan Chase & Co. now owns 5,004,461 shares of the real estate investment trust’s stock worth $191,371,000 after acquiring an additional 2,344,037 shares during the last quarter. Pacer Advisors Inc. raised its stake in Vornado Realty Trust by 27,787.3% during the third quarter. Pacer Advisors Inc. now owns 1,489,737 shares of the real estate investment trust’s stock worth $60,379,000 after purchasing an additional 1,484,395 shares during the period. Resolution Capital Ltd acquired a new stake in shares of Vornado Realty Trust during the 2nd quarter worth $49,565,000. Finally, Candriam S.C.A. grew its position in Vornado Realty Trust by 173.8% during the third quarter. Candriam S.C.A. now owns 785,413 shares of the real estate investment trust’s stock valued at $31,833,000 after acquiring an additional 498,564 shares during the period. 90.02% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have recently commented on VNO. Truist Financial cut their price objective on Vornado Realty Trust from $40.00 to $36.00 and set a “hold” rating on the stock in a report on Tuesday, December 16th. 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. JPMorgan Chase & Co. raised shares of Vornado Realty Trust from an “underweight” rating to a “neutral” rating and set a $41.00 price target on the stock in a research report on Monday, November 24th. Scotiabank decreased their price objective on shares of Vornado Realty Trust from $38.00 to $36.00 and set a “sector perform” rating for the company in a research note on Wednesday, January 14th. Finally, Evercore dropped their price objective on shares of Vornado Realty Trust from $43.00 to $42.00 and set an “outperform” rating for the company in a research report on Monday, December 15th. Three investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $37.67.

Vornado Realty Trust Trading Down 1.2%

NYSE VNO opened at $29.36 on Friday. The stock has a market cap of $5.60 billion, a P/E ratio of 7.01, a PEG ratio of 1.48 and a beta of 1.52. The company’s fifty day simple moving average is $32.53 and its 200-day simple moving average is $36.15. The company has a current ratio of 5.25, a quick ratio of 5.25 and a debt-to-equity ratio of 1.44. Vornado Realty Trust has a 52 week low of $28.08 and a 52 week high of $43.37.

Vornado Realty Trust (NYSE:VNO) last released its quarterly earnings results on Monday, February 9th. The real estate investment trust reported $0.55 earnings per share for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.02). The firm had revenue of $453.71 million for the quarter, compared to analyst estimates of $440.23 million. Vornado Realty Trust had a net margin of 49.99% and a return on equity of 18.64%. Vornado Realty Trust’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. Equities research analysts predict that Vornado Realty Trust will post 2.31 EPS for the current fiscal year.

Vornado Realty Trust Dividend Announcement

The firm also recently declared an annual dividend, which was paid on Monday, December 29th. Investors of record on Thursday, December 18th were paid a $0.74 dividend. The ex-dividend date was Thursday, December 18th. This represents a dividend yield of 220.0%. Vornado Realty Trust’s payout ratio is 17.66%.

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.