American Century Companies Inc. trimmed its position in Vornado Realty Trust (NYSE:VNO) by 3.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 605,394 shares of the real estate investment trust’s stock after selling 18,847 shares during the quarter. American Century Companies Inc.’s holdings in Vornado Realty Trust were worth $47,330,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in VNO. Stifel Financial Corp boosted its holdings in Vornado Realty Trust by 3.0% in the 2nd quarter. Stifel Financial Corp now owns 18,686 shares of the real estate investment trust’s stock valued at $1,752,000 after purchasing an additional 546 shares during the period. Janus Henderson Group PLC boosted its holdings in Vornado Realty Trust by 36.3% in the 2nd quarter. Janus Henderson Group PLC now owns 34,489 shares of the real estate investment trust’s stock valued at $3,239,000 after purchasing an additional 9,179 shares during the period. Raymond James Financial Services Advisors Inc. bought a new position in Vornado Realty Trust in the 2nd quarter valued at $275,000. Koch Industries Inc. boosted its holdings in Vornado Realty Trust by 8,135.6% in the 2nd quarter. Koch Industries Inc. now owns 323,989 shares of the real estate investment trust’s stock valued at $321,000 after purchasing an additional 320,055 shares during the period. Finally, WINTON GROUP Ltd bought a new position in Vornado Realty Trust in the 2nd quarter valued at $920,000. 85.74% of the stock is owned by hedge funds and other institutional investors.

Shares of Vornado Realty Trust (NYSE VNO) opened at $67.69 on Monday. The company has a current ratio of 0.26, a quick ratio of 0.26 and a debt-to-equity ratio of 0.20. The firm has a market cap of $12,850.00, a price-to-earnings ratio of 16.12, a PEG ratio of 4.08 and a beta of 0.85. Vornado Realty Trust has a 52-week low of $65.64 and a 52-week high of $111.72.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 15th. Stockholders of record on Monday, January 29th will be given a dividend of $0.63 per share. The ex-dividend date of this dividend is Friday, January 26th. This represents a $2.52 annualized dividend and a dividend yield of 3.72%. This is a boost from Vornado Realty Trust’s previous quarterly dividend of $0.60. Vornado Realty Trust’s dividend payout ratio (DPR) is 60.00%.

VNO has been the subject of several analyst reports. SunTrust Banks raised shares of Vornado Realty Trust from a “hold” rating to a “buy” rating in a report on Monday, January 22nd. They noted that the move was a valuation call. Barclays reissued a “hold” rating and issued a $80.00 price target on shares of Vornado Realty Trust in a report on Thursday, October 19th. TheStreet raised shares of Vornado Realty Trust from a “c+” rating to a “b-” rating in a report on Monday, December 18th. Zacks Investment Research downgraded shares of Vornado Realty Trust from a “hold” rating to a “sell” rating in a report on Wednesday, November 1st. Finally, JPMorgan Chase & Co. downgraded shares of Vornado Realty Trust from an “overweight” rating to a “neutral” rating and set a $92.00 price target for the company. in a report on Friday, December 15th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and seven have assigned a buy rating to the stock. Vornado Realty Trust presently has an average rating of “Hold” and an average target price of $89.45.

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Vornado Realty Trust Company Profile

Vornado Realty Trust is a real estate investment trust (REIT). The Company conducts its business through Vornado Realty L.P. (the Operating Partnership). The Company operates through two segments: New York and Washington, DC. As of December 31, 2016, the Company’s New York segment consisted of 28.3 million square feet in 86 properties.

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

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