Nomura Holdings Inc. Boosts Holdings in Vornado Realty Trust (NYSE:VNO)

Nomura Holdings Inc. grew its position in Vornado Realty Trust (NYSE:VNO) by 10,306.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,610,659 shares of the real estate investment trust’s stock after buying an additional 2,585,572 shares during the period. Vornado Realty Trust accounts for approximately 0.8% of Nomura Holdings Inc.’s investment portfolio, making the stock its 15th largest position. Nomura Holdings Inc. owned 1.37% of Vornado Realty Trust worth $167,686,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Steward Partners Investment Advisory LLC purchased a new position in shares of Vornado Realty Trust during the 2nd quarter worth approximately $33,000. Ossiam purchased a new position in shares of Vornado Realty Trust during the 2nd quarter worth approximately $45,000. Rational Advisors LLC boosted its position in shares of Vornado Realty Trust by 375.5% during the 1st quarter. Rational Advisors LLC now owns 718 shares of the real estate investment trust’s stock worth $48,000 after purchasing an additional 567 shares during the period. Employers Holdings Inc. purchased a new position in shares of Vornado Realty Trust during the 2nd quarter worth approximately $58,000. Finally, Livforsakringsbolaget Skandia Omsesidigt boosted its position in shares of Vornado Realty Trust by 60.6% during the 2nd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 2,386 shares of the real estate investment trust’s stock worth $153,000 after purchasing an additional 900 shares during the period. 77.74% of the stock is owned by institutional investors and hedge funds.

VNO stock traded up $0.05 during midday trading on Friday, hitting $62.83. The company’s stock had a trading volume of 965,068 shares, compared to its average volume of 1,135,724. The company has a quick ratio of 4.87, a current ratio of 4.87 and a debt-to-equity ratio of 1.14. Vornado Realty Trust has a 52-week low of $58.60 and a 52-week high of $75.25. The firm has a market capitalization of $12.08 billion, a P/E ratio of 16.71, a PEG ratio of 4.79 and a beta of 0.99. The firm has a 50-day simple moving average of $61.58 and a 200-day simple moving average of $65.50.

Vornado Realty Trust (NYSE:VNO) last issued its quarterly earnings results on Monday, July 29th. The real estate investment trust reported $0.22 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.94 by ($0.72). Vornado Realty Trust had a net margin of 139.71% and a return on equity of 8.53%. The business had revenue of $463.10 million during the quarter, compared to analysts’ expectations of $517.72 million. During the same period in the prior year, the business earned $0.36 EPS. The business’s quarterly revenue was down 14.5% on a year-over-year basis. On average, sell-side analysts expect that Vornado Realty Trust will post 3.46 earnings per share for the current fiscal year.

VNO has been the subject of a number of research analyst reports. ValuEngine raised shares of Vornado Realty Trust from a “sell” rating to a “hold” rating in a research report on Thursday, August 1st. Barclays reaffirmed a “hold” rating and set a $76.00 price objective on shares of Vornado Realty Trust in a research report on Thursday, July 18th. Scotiabank raised shares of Vornado Realty Trust from an “underperform” rating to a “sector perform” rating in a research report on Tuesday, July 9th. Argus cut shares of Vornado Realty Trust from a “buy” rating to a “hold” rating in a research report on Tuesday, August 20th. Finally, BMO Capital Markets reaffirmed a “buy” rating and set a $79.00 price objective on shares of Vornado Realty Trust in a research report on Wednesday, July 31st. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $74.88.

Vornado Realty Trust Profile

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. Vornado is also the real estate industry leader in sustainability policy. The company owns and manages over 23 million square feet of LEED certified buildings and received the Energy Star Partner of the Year Award, Sustained Excellence 2017.

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

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