Yousif Capital Management LLC Has $2.84 Million Holdings in Vornado Realty Trust (NYSE:VNO)

Yousif Capital Management LLC decreased its stake in Vornado Realty Trust (NYSE:VNO) by 3.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 67,490 shares of the real estate investment trust’s stock after selling 2,737 shares during the quarter. Yousif Capital Management LLC’s holdings in Vornado Realty Trust were worth $2,837,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VNO. Sanctuary Advisors LLC acquired a new stake in shares of Vornado Realty Trust in the 2nd quarter valued at approximately $212,000. Atomi Financial Group Inc. bought a new stake in Vornado Realty Trust in the third quarter valued at approximately $249,000. Creative Planning raised its holdings in Vornado Realty Trust by 16.5% in the third quarter. Creative Planning now owns 30,971 shares of the real estate investment trust’s stock worth $1,220,000 after purchasing an additional 4,389 shares during the period. Prospect Financial Services LLC boosted its position in shares of Vornado Realty Trust by 9.7% during the third quarter. Prospect Financial Services LLC now owns 113,434 shares of the real estate investment trust’s stock worth $4,469,000 after purchasing an additional 10,017 shares in the last quarter. Finally, Verum Partners LLC acquired a new position in shares of Vornado Realty Trust in the 3rd quarter valued at $220,000. Institutional investors own 90.02% of the company’s stock.

Vornado Realty Trust Stock Down 0.6 %

Vornado Realty Trust stock opened at $42.97 on Monday. The company has a fifty day simple moving average of $42.17 and a 200 day simple moving average of $39.24. The company has a current ratio of 4.97, a quick ratio of 4.97 and a debt-to-equity ratio of 1.93. Vornado Realty Trust has a 1-year low of $22.42 and a 1-year high of $46.63. The company has a market cap of $8.19 billion, a P/E ratio of -148.17 and a beta of 1.62.

Vornado Realty Trust Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 16th were issued a dividend of $0.74 per share. This represents a $2.96 annualized dividend and a yield of 6.89%. The ex-dividend date of this dividend was Monday, December 16th. This is a positive change from Vornado Realty Trust’s previous quarterly dividend of $0.30. Vornado Realty Trust’s dividend payout ratio is presently -255.17%.

Wall Street Analyst Weigh In

Several analysts recently commented on VNO shares. StockNews.com raised Vornado Realty Trust to a “sell” rating in a research note on Tuesday, November 12th. Compass Point raised their price target on Vornado Realty Trust from $32.00 to $40.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 6th. Truist Financial boosted their price objective on Vornado Realty Trust from $31.00 to $40.00 and gave the company a “hold” rating in a research report on Wednesday, December 4th. Evercore ISI raised their target price on shares of Vornado Realty Trust from $40.00 to $45.00 and gave the stock an “outperform” rating in a report on Wednesday, November 6th. Finally, Barclays lifted their price target on shares of Vornado Realty Trust from $27.00 to $34.00 and gave the company an “underweight” rating in a research note on Monday, October 28th. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $37.61.

Vornado Realty Trust Company Profile

Vornado Realty Trust is a fully – integrated equity real estate investment trust.