As Vornado Rlty Tr (VNO) Market Value Rose, Heitman Real Estate Securities LLC Decreased Its Holding by $21.70 Million

September 30, 2018 - By Mary Kidd

Vornado Realty Trust (NYSE:VNO) LogoInvestors sentiment increased to 1.02 in Q2 2018. Its up 0.07, from 0.95 in 2018Q1. It is positive, as 30 investors sold VNO shares while 131 reduced holdings. 53 funds opened positions while 112 raised stakes. 146.79 million shares or 0.56% less from 147.62 million shares in 2018Q1 were reported. Duff Phelps Mgmt Com stated it has 0.64% in Vornado Realty Trust (NYSE:VNO). Cbre Clarion reported 594,380 shares or 0.57% of all its holdings. Caisse De Depot Et Placement Du Quebec has invested 0.02% of its portfolio in Vornado Realty Trust (NYSE:VNO). Moreover, Tarbox Family Office has 0% invested in Vornado Realty Trust (NYSE:VNO) for 64 shares. Huntington Bank & Trust holds 0% or 702 shares. Oppenheimer Asset Mgmt Inc reported 3,919 shares or 0.01% of all its holdings. Natl Pension Service has invested 0.07% in Vornado Realty Trust (NYSE:VNO). Glenmede Tru Na accumulated 0% or 600 shares. Channing Cap Mgmt Limited Co reported 0.04% stake. Ls Investment Advsrs Limited Liability Corporation holds 21,665 shares. Duncker Streett & Inc reported 854 shares. Kentucky Retirement System, Kentucky-based fund reported 7,347 shares. Intact Inv Mngmt invested 0.15% of its portfolio in Vornado Realty Trust (NYSE:VNO). Ameriprise Finance reported 82,288 shares or 0% of all its holdings. Adage Prtnrs Gp Limited Liability holds 0.04% or 222,359 shares in its portfolio.

Heitman Real Estate Securities Llc decreased its stake in Vornado Rlty Tr (VNO) by 47.58% based on its latest 2018Q2 regulatory filing with the SEC. Heitman Real Estate Securities Llc sold 258,363 shares as the company’s stock rose 6.01% with the market. The institutional investor held 284,589 shares of the real estate investment trusts company at the end of 2018Q2, valued at $23.97M, down from 542,952 at the end of the previous reported quarter. Heitman Real Estate Securities Llc who had been investing in Vornado Rlty Tr for a number of months, seems to be less bullish one the $14.81B market cap company. The stock increased 1.46% or $1.05 during the last trading session, reaching $73. About 1.17M shares traded or 42.85% up from the average. Vornado Realty Trust (NYSE:VNO) has risen 1.86% since September 30, 2017 and is uptrending. It has underperformed by 13.76% the S&P500.

Heitman Real Estate Securities Llc, which manages about $2.16B and $2.07 billion US Long portfolio, upped its stake in Equinix Inc (NASDAQ:EQIX) by 112,693 shares to 140,169 shares, valued at $61.72M in 2018Q2, according to the filing. It also increased its holding in Avalonbay Cmntys Inc (NYSE:AVB) by 309,385 shares in the quarter, for a total of 689,292 shares, and has risen its stake in Douglas Emmett Inc (NYSE:DEI).

Analysts await Vornado Realty Trust (NYSE:VNO) to report earnings on October, 29. They expect $0.98 EPS, up 88.46 % or $0.46 from last year’s $0.52 per share. VNO’s profit will be $198.79M for 18.62 P/E if the $0.98 EPS becomes a reality. After $1.10 actual EPS reported by Vornado Realty Trust for the previous quarter, Wall Street now forecasts -10.91 % negative EPS growth.

More recent Vornado Realty Trust (NYSE:VNO) news were published by: which released: “Vornado Acquires a 46% Interest (and now owns 100%) in the Retail and Signage at the Marriott Marquis Times …” on September 24, 2018. Also published the news titled: “7 Spinoff Stocks to Buy” on September 26, 2018.‘s news article titled: “JBG Smith sells Alexandria multifamily to a familiar buyer” with publication date: September 21, 2018 was also an interesting one.

Vornado Realty Trust (NYSE:VNO) Ratings Coverage

Among 6 analysts covering Vornado Realty (NYSE:VNO), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Vornado Realty had 6 analyst reports since April 8, 2018 according to SRatingsIntel. The stock of Vornado Realty Trust (NYSE:VNO) earned “Buy” rating by Argus Research on Friday, September 14. The company was maintained on Thursday, April 26 by JP Morgan. On Tuesday, June 26 the stock rating was maintained by Deutsche Bank with “Hold”. The stock has “Buy” rating by BMO Capital Markets on Sunday, April 8. The firm has “Overweight” rating by Morgan Stanley given on Thursday, June 14. Evercore upgraded Vornado Realty Trust (NYSE:VNO) on Monday, June 11 to “Outperform” rating.

Vornado Realty Trust (NYSE:VNO) Institutional Positions Chart

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