Nomura Holdings Inc. Increases Stock Position in Vornado Realty Trust (NYSE:VNO)

Nomura Holdings Inc. boosted its holdings in Vornado Realty Trust (NYSE:VNOFree Report) by 2,410.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 973,035 shares of the real estate investment trust’s stock after purchasing an additional 934,271 shares during the quarter. Nomura Holdings Inc.’s holdings in Vornado Realty Trust were worth $27,488,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Contravisory Investment Management Inc. purchased a new position in shares of Vornado Realty Trust during the fourth quarter worth about $26,000. Financial Gravity Asset Management Inc. raised its stake in shares of Vornado Realty Trust by 8,355.6% during the third quarter. Financial Gravity Asset Management Inc. now owns 1,522 shares of the real estate investment trust’s stock worth $35,000 after purchasing an additional 1,504 shares during the last quarter. Turtle Creek Wealth Advisors LLC acquired a new stake in shares of Vornado Realty Trust during the fourth quarter worth $40,000. Bruce G. Allen Investments LLC acquired a new position in Vornado Realty Trust in the 4th quarter valued at $50,000. Finally, Principal Securities Inc. purchased a new position in Vornado Realty Trust during the 4th quarter worth $58,000. Institutional investors and hedge funds own 90.02% of the company’s stock.

Vornado Realty Trust Stock Up 0.0 %

Shares of VNO stock traded up $0.01 during trading hours on Tuesday, reaching $25.42. The company had a trading volume of 84,617 shares, compared to its average volume of 2,058,975. The stock’s fifty day simple moving average is $25.25 and its 200 day simple moving average is $26.57. The company has a market capitalization of $4.84 billion, a P/E ratio of 169.41 and a beta of 1.59. The company has a debt-to-equity ratio of 1.81, a quick ratio of 4.97 and a current ratio of 4.97. Vornado Realty Trust has a twelve month low of $14.46 and a twelve month high of $32.21.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on VNO shares. Morgan Stanley upgraded shares of Vornado Realty Trust from an “underweight” rating to an “equal weight” rating and increased their price target for the company from $24.00 to $26.00 in a report on Thursday, March 28th. Compass Point lowered their price target on Vornado Realty Trust from $28.00 to $27.00 and set a “neutral” rating for the company in a report on Wednesday, May 8th. The Goldman Sachs Group decreased their target price on shares of Vornado Realty Trust from $24.00 to $21.00 and set a “sell” rating on the stock in a research report on Thursday, February 22nd. BMO Capital Markets dropped their price target on shares of Vornado Realty Trust from $31.00 to $29.00 and set a “market perform” rating for the company in a research report on Wednesday, June 12th. Finally, Barclays dropped their price objective on Vornado Realty Trust from $22.00 to $21.00 and set an “underweight” rating for the company in a report on Friday, May 24th. Six equities research analysts have rated the stock with a sell rating and six have assigned a hold rating to the stock. According to MarketBeat.com, Vornado Realty Trust presently has an average rating of “Hold” and an average target price of $24.27.

View Our Latest Analysis on VNO

About Vornado Realty Trust

(Free Report)

Vornado is a fully integrated real estate investment trust (REIT) with a portfolio of premier New York City office and retail assets and the developer of the new PENN DISTRICT. While concentrated in New York, Vornado also owns the premier assets in both Chicago and San Francisco. Vornado is a real estate industry leader in sustainability, with over 27 million square feet of LEED-certified buildings and over 23 million square feet at LEED Gold or Platinum.

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Institutional Ownership by Quarter for Vornado Realty Trust (NYSE:VNO)

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