Russell Wight, Jr. Purchases 4,000 Shares of Vornado Realty Trust (NYSE:VNO) Stock

Posted by Stanley Muller on Jun 12th, 2026

Vornado Realty Trust (NYSE:VNO – Get Free Report) Director Russell Wight, Jr. purchased 4,000 shares of the stock in a transaction on Monday, June 8th. The stock was bought at an average price of $16.94 per share, for a total transaction of $67,760.00. Following the completion of the transaction, the director directly owned 13,000 shares of the company’s stock, valued at approximately $220,220. This trade represents a 44.44% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Vornado Realty Trust Stock Performance

Shares of NYSE:VNO opened at $38.92 on Friday. The business’s fifty day moving average price is $30.87 and its two-hundred day moving average price is $31.13. Vornado Realty Trust has a fifty-two week low of $24.57 and a fifty-two week high of $43.37. The stock has a market capitalization of $7.32 billion, a price-to-earnings ratio of 10.69, a price-to-earnings-growth ratio of 1.93 and a beta of 1.56. The company has a debt-to-equity ratio of 1.54, a current ratio of 6.14 and a quick ratio of 6.14.

Vornado Realty Trust (NYSE:VNO – Get Free Report) last announced its quarterly earnings results on Monday, May 4th. The real estate investment trust reported ($0.12) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.07). Vornado Realty Trust had a net margin of 43.99% and a return on equity of 15.82%. The company had revenue of $459.11 million during the quarter, compared to the consensus estimate of $431.72 million. During the same quarter last year, the company earned $0.63 earnings per share. The business’s revenue was down .5% on a year-over-year basis. As a group, analysts predict that Vornado Realty Trust will post 2.34 EPS for the current fiscal year.

Vornado Realty Trust announced that its Board of Directors has authorized a share repurchase plan on Wednesday, April 29th that authorizes the company to repurchase $300.00 million in outstanding shares. This repurchase authorization authorizes the real estate investment trust to repurchase up to 5.4% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.

Hedge Funds Weigh In On Vornado Realty Trust

Institutional investors and hedge funds have recently bought and sold shares of the business. Private Management Group Inc. boosted its stake in Vornado Realty Trust by 19.5% in the third quarter. Private Management Group Inc. now owns 772,352 shares of the real estate investment trust’s stock worth $31,303,000 after purchasing an additional 126,242 shares in the last quarter. Lighthouse Investment Partners LLC lifted its stake in shares of Vornado Realty Trust by 20.9% during the third quarter. Lighthouse Investment Partners LLC now owns 260,000 shares of the real estate investment trust’s stock valued at $10,538,000 after acquiring an additional 45,000 shares during the period. Vestcor Inc acquired a new position in shares of Vornado Realty Trust during the third quarter valued at $4,572,000. Centersquare Investment Management LLC lifted its stake in shares of Vornado Realty Trust by 1.4% during the third quarter. Centersquare Investment Management LLC now owns 3,172,261 shares of the real estate investment trust’s stock valued at $128,572,000 after acquiring an additional 42,323 shares during the period. Finally, Pacific Heights Asset Management LLC lifted its stake in shares of Vornado Realty Trust by 75.0% during the fourth quarter. Pacific Heights Asset Management LLC now owns 350,000 shares of the real estate investment trust’s stock valued at $11,648,000 after acquiring an additional 150,000 shares during the period. Institutional investors and hedge funds own 90.02% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have weighed in on VNO shares. Mizuho lowered their price target on Vornado Realty Trust from $40.00 to $34.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 24th. Morgan Stanley lowered their price target on Vornado Realty Trust from $32.00 to $28.00 and set an “equal weight” rating on the stock in a research report on Tuesday, March 31st. JPMorgan Chase & Co. upped their price target on Vornado Realty Trust from $33.00 to $37.00 and gave the company a “neutral” rating in a research report on Thursday, May 28th. Scotiabank upped their price target on Vornado Realty Trust from $32.00 to $33.00 and gave the company a “sector perform” rating in a research report on Thursday, May 21st. Finally, Piper Sandler reduced their price objective on Vornado Realty Trust from $36.00 to $28.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 1st. Three equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $34.27.

Check Out Our Latest Report on Vornado Realty Trust

About Vornado Realty Trust

(Get Free Report)

Vornado Realty Trust is a self‐administered real estate investment trust focused on the ownership, management and redevelopment of office and retail properties. As a fully integrated REIT, the company oversees leasing, property management, building operations and strategic capital improvements designed to enhance asset value and tenant experience. Vornado’s business model emphasizes long‐term cash flow generation through stable rental income and disciplined portfolio optimization.

The company’s core portfolio is concentrated in New York City, where it holds a diverse mix of office towers and street‐level retail assets in prominent submarkets such as Midtown and the Penn Plaza corridor.