On Jun 27, 2018 Deutsche Bank Keeps Stock Hold Rating on Vornado Realty Trust (NYSE:VNO) and $80 Target.

June 27, 2018 - By Kevin Carney

Vornado Realty Trust (NYSE:VNO) Corporate Logo

During 2018 Q1 the big money sentiment decreased to 0.95. That’s change of 0.04, from 2017Q4’s 0.99. 39 investors sold all, 136 reduced holdings as Vornado Realty Trust ratio dived. 119 rose stakes while 47 funds acquired stakes. Funds hold 147.62 million shares thus 3.91% less from 2017Q4’s 153.63 million shares.

Convergence Prtn Ltd Liability Company owns 390 shs. Swiss Bank stated it has 548,243 shs or 0.04% of all its holdings. Texas Permanent School Fund stated it has 44,670 shs. Mackenzie Finance reported 8,610 shs stake. Macquarie Grp reported 121,093 shs. Arrowstreet Cap L P holds 0.01% or 55,100 shs. Bnp Paribas Asset Sa, a France-based fund reported 255,929 shs. Aperio Gru Ltd Company invested in 47,744 shs. Moreover, Fifth Third Savings Bank has 0.01% invested in Vornado Realty Trust (NYSE:VNO) for 13,925 shs. Wolverine Asset Management Lc owns 2,851 shs or 0% of their US capital. Amica Mutual holds 0.05% of its capital in Vornado Realty Trust (NYSE:VNO) for 5,717 shs. Chilton Cap Management Ltd Co has 196,282 shs for 1.32% of their capital. Washington Bank stated it has 0% of its capital in Vornado Realty Trust (NYSE:VNO). San Francisco Sentry Group Inc (Ca) holds 0% of its capital in Vornado Realty Trust (NYSE:VNO) for 32 shs. Louisiana State Employees Retirement System accumulated 10,600 shs.

Reiterated Vornado Realty Trust (NYSE:VNO) Rating.

In analysts note revealed to investors by Deutsche Bank’s stock analysts, Vornado Realty Trust (NYSE:VNO) had it’s stock Rating reiterated to Hold. On 26 June it has $80 or 8.40 % PT that would suggest a potential upside move.

Vornado Realty Trust (NYSE:VNO) Ratings Coverage

In total 8 analysts cover Vornado Realty (NYSE:VNO). “Buy” rating has 5, “Sell” are 0, while 3 are “Hold”. 63% are bullish. 13 are the (NYSE:VNO)’s analyst reports since January 19, 2018 according to StockzIntelligence Inc. In Friday, January 19 report Sandler O’Neill maintained it with “Buy” rating and $85.0 target. On Tuesday, February 13 Stifel Nicolaus maintained Vornado Realty Trust (NYSE:VNO) rating. Stifel Nicolaus has “Hold” rating and $66.0 target. On Monday, January 22 the stock of Vornado Realty Trust (NYSE:VNO) has “Buy” rating given by SunTrust. The stock rating was maintained by SunTrust with “Buy” on Tuesday, March 6. On Monday, March 26 Morgan Stanley maintained Vornado Realty Trust (NYSE:VNO) rating. Morgan Stanley has “Overweight” rating and $78 target. On Sunday, April 8 BMO Capital Markets maintained the shares of VNO in report with “Buy” rating. On Thursday, April 26 JP Morgan maintained Vornado Realty Trust (NYSE:VNO) with “Neutral” rating. On Thursday, March 15 the stock has “Buy” rating by Sandler O’Neill. The stock rating was maintained by Morgan Stanley with “Overweight” on Thursday, June 14. On Tuesday, June 26 Deutsche Bank maintained the shares of VNO in report with “Hold” rating.

The stock increased 0.57% or $0.42 during the last trading session, reaching $73.8.Currently Vornado Realty Trust is downtrending after 9.86% change in last June 27, 2017. VNO has 154,626 shares volume. VNO underperformed the S&P500 by 22.43%.

Investors expect Vornado Realty Trust (NYSE:VNO)’s quarterly earnings on July, 30., as reported by RTT. Last year’s earnings per share was $1.35, while now analysts expect change of 28.15 % down from current $0.97 earnings per share. If the current earnings per share of $0.97 is accurate, VNO’s profit could be $196.73 million. 6.59 % EPS growth is what analysts predict. $0.91 earnings per share was announced for previous quarter.

Vornado Realty Trust is a preeminent owner, manager and developer of office and retail assets.The firm is valued at $14.97 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.The P/E ratio is 145.28. Vornado is also the real estate industry leader in sustainability policy.

Another two news for Vornado Realty Trust (NYSE:VNO) were recently brought out by: Globenewswire.com on June 12, 2018 with title “Vornado Completes Refinancing of Independence Plaza”. The other Seekingalpha.com‘s article was titled “You Say ‘Vornado’, I Say ‘Vornado'” and brought out on May 31, 2018.

Vornado Realty Trust (NYSE:VNO) Institutional Investors Chart

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