Sei Investments Co. Purchases 175,719 Shares of Vornado Realty Trust $VNO

Sei Investments Co. boosted its position in Vornado Realty Trust (NYSE:VNO) by 19.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,071,074 shares of the real estate investment trust’s stock after buying an additional 175,719 shares during the quarter. Sei Investments Co.’s holdings in Vornado Realty Trust were worth $27,837,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Norges Bank purchased a new position in shares of Vornado Realty Trust during the fourth quarter worth approximately $579,709,000. Price T Rowe Associates Inc. MD boosted its stake in shares of Vornado Realty Trust by 21.4% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 9,053,407 shares of the real estate investment trust’s stock valued at $301,300,000 after purchasing an additional 1,598,643 shares in the last quarter. Resolution Capital Ltd bought a new position in shares of Vornado Realty Trust during the 2nd quarter valued at $49,565,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Vornado Realty Trust by 393,598.5% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,051,175 shares of the real estate investment trust’s stock valued at $34,983,000 after purchasing an additional 1,050,908 shares during the last quarter. Finally, Schonfeld Strategic Advisors LLC raised its position in Vornado Realty Trust by 4,243.2% in the 4th quarter. Schonfeld Strategic Advisors LLC now owns 676,278 shares of the real estate investment trust’s stock worth $22,507,000 after purchasing an additional 660,707 shares during the period. 90.02% of the stock is currently owned by institutional investors.

Vornado Realty Trust Trading Down 0.4%

VNO opened at $39.57 on Tuesday. The stock has a market cap of $7.44 billion, a PE ratio of 10.87, a PEG ratio of 2.00 and a beta of 1.53. The company has a quick ratio of 6.14, a current ratio of 6.14 and a debt-to-equity ratio of 1.54. The business has a 50 day moving average of $37.23 and a 200-day moving average of $32.10. Vornado Realty Trust has a 52 week low of $24.57 and a 52 week high of $43.37.

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

Vornado Realty Trust announced that its board has authorized a stock repurchase program on Wednesday, April 29th that authorizes the company to repurchase $300.00 million in outstanding shares. This repurchase authorization authorizes the real estate investment trust to reacquire up to 5.4% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s leadership believes its stock is undervalued.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. Barclays raised their price objective on Vornado Realty Trust from $29.00 to $34.00 and gave the company an “underweight” rating in a research note on Tuesday, July 21st. Morgan Stanley lowered Vornado Realty Trust from an “equal weight” rating to an “underweight” rating and set a $32.00 price target on the stock. in a research report on Wednesday, July 22nd. Mizuho lifted their price target on Vornado Realty Trust from $34.00 to $42.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 21st. Scotiabank boosted their price objective on Vornado Realty Trust from $38.00 to $40.00 and gave the company a “sector perform” rating in a research report on Tuesday, July 21st. Finally, Truist Financial raised their target price on shares of Vornado Realty Trust from $28.00 to $39.00 and gave the stock a “hold” rating in a report on Friday, June 26th. Four investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $39.17.

Insider Buying and Selling at Vornado Realty Trust

In other news, Director Michael D. Fascitelli sold 133,350 shares of the company’s stock in a transaction dated 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 sale, the director directly owned 475,161 shares of the company’s stock, valued at $17,400,395.82. This represents a 21.91% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Russell B. Wight, Jr. purchased 4,000 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The stock was acquired at an average price of $16.94 per share, with a total value of $67,760.00. Following the completion of the purchase, the director owned 13,000 shares in the company, valued at $220,220. This represents a 44.44% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Company insiders own 9.00% of the company’s stock.

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.