Does Vornado Realty Trust (NYSE:VNO) Have Gas After Even Less Sellers Involved?

June 14, 2018 - By Vivian Park

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Investors sentiment decreased to 0.95 in 2018 Q1. Its down 0.04, from 0.99 in 2017Q4. It worsened, as 39 investors sold Vornado Realty Trust shares while 136 reduced holdings. 47 funds opened positions while 119 raised stakes. 147.62 million shares or 3.91% less from 153.63 million shares in 2017Q4 were reported.
Massachusetts-based Investment Serv Inc has invested 0.1% in Vornado Realty Trust (NYSE:VNO). Robeco Institutional Asset Mgmt Bv stated it has 0.01% in Vornado Realty Trust (NYSE:VNO). Bnp Paribas Asset Management Hldg Sa, a France-based fund reported 255,929 shares. Fuller And Thaler Asset Mgmt stated it has 1,300 shares. Parkside Commercial Bank invested in 42 shares or 0% of the stock. Bessemer Grp Inc Inc has 742 shares for 0% of their portfolio. Pinebridge Lp reported 0.01% in Vornado Realty Trust (NYSE:VNO). Connecticut-based Hartford has invested 0.06% in Vornado Realty Trust (NYSE:VNO). Vanguard Grp holds 0.08% or 28.74 million shares in its portfolio. Roundview Cap Limited Liability Corporation holds 0.13% or 6,950 shares in its portfolio. Nomura has invested 0% in Vornado Realty Trust (NYSE:VNO). Duncker Streett And Company invested in 0.01% or 853 shares. Dekabank Deutsche Girozentrale has invested 0.01% of its portfolio in Vornado Realty Trust (NYSE:VNO). Employees Retirement Sys Of Texas owns 108,000 shares or 0.1% of their US portfolio. 285,188 are owned by Amundi Pioneer Asset Management.

The stock of Vornado Realty Trust (NYSE:VNO) registered a decrease of 17.09% in short interest. VNO’s total short interest was 3.59M shares in June as published by FINRA. Its down 17.09% from 4.33M shares, reported previously. With 970,000 shares average volume, it will take short sellers 4 days to cover their VNO’s short positions. The short interest to Vornado Realty Trust’s float is 2.04%.

The stock increased 0.88% or $0.63 during the last trading session, reaching $72.02. About 297,469 shares traded. Vornado Realty Trust (NYSE:VNO) has declined 9.86% since June 14, 2017 and is downtrending. It has underperformed by 22.43% the S&P500.

Vornado Realty Trust is a preeminent owner, manager and developer of office and retail assets. The company has market cap of $14.61 billion. Vornado??s portfolio is concentrated in the nation??s key market ?? New York City ?? along with the premier asset in both Chicago and San Francisco. It has a 84.93 P/E ratio. Vornado is also the real estate industry leader in sustainability policy.

Vornado Realty Trust (NYSE:VNO) Ratings Coverage

Among 8 analysts covering Vornado Realty Trust (NYSE:VNO), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Vornado Realty Trust has $92.0 highest and $66.0 lowest target. $79’s average target is 9.69% above currents $72.02 stock price. Vornado Realty Trust had 14 analyst reports since December 15, 2017 according to SRatingsIntel. The firm has “Neutral” rating given on Thursday, April 26 by JP Morgan. The stock of Vornado Realty Trust (NYSE:VNO) has “Outperform” rating given on Monday, June 11 by Evercore. The stock of Vornado Realty Trust (NYSE:VNO) has “Buy” rating given on Sunday, April 8 by BMO Capital Markets. J.P. Morgan downgraded the stock to “Hold” rating in Friday, December 15 report. SunTrust maintained the stock with “Buy” rating in Tuesday, March 6 report. The firm has “Neutral” rating given on Friday, December 15 by JP Morgan. Morgan Stanley maintained the stock with “Overweight” rating in Thursday, June 14 report. Stifel Nicolaus maintained the shares of VNO in report on Tuesday, February 13 with “Hold” rating. As per Monday, March 26, the company rating was maintained by Morgan Stanley. The firm has “Buy” rating given on Thursday, March 15 by Sandler O’Neill.

More recent Vornado Realty Trust (NYSE:VNO) news were published by: Bizjournals.com which released: “Beacon Capital exits Tysons, opens door for more development” on June 12, 2018. Also Seekingalpha.com published the news titled: “You Say ‘Vornado’, I Say ‘Vornado'” on May 31, 2018. Globenewswire.com‘s news article titled: “Vornado Completes Refinancing of Independence Plaza” with publication date: June 12, 2018 was also an interesting one.

Vornado Realty Trust (NYSE:VNO) Institutional Positions Chart

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