Vornado Realty Trust (VNO) Shares are Down -3.33%

Vornado Realty Trust (VNO) : During the past 4 weeks, traders have been relatively bearish on Vornado Realty Trust (VNO), hence the stock is down -2.48% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -3.3% relative to the S&P 500. The 4-week change in the price of the stock is -2.11% and the stock has fallen -3.33% in the past 1 week.

Vornado Realty Trust is up 10.03% in the last 3-month period. Year-to-Date the stock performance stands at 3.69%. The stock has recorded a 20-day Moving Average of 2.87% and the 50-Day Moving Average is 0.85%.


Vornado Realty Trust (NYSE:VNO): The stock opened at $103.11 on Friday but the bulls could not build on the opening and the stock topped out at $103.68 for the day. The stock traded down to $101.31 during the day, due to lack of any buying support eventually closed down at $101.64 with a loss of -1.75% for the day. The stock had closed at $103.45 on the previous day. The total traded volume was 737,303 shares.

Also, Major Brokerage house, Barclays maintains its ratings on Vornado Realty Trust (NYSE:VNO). In the latest research report, Barclays raises the target price from $103 per share to $108 per share. According to the latest information available, the shares are now rated Equalweight by the analysts at the agency. The rating by the firm was issued on July 19, 2016.

Vornado Realty Trust (Vornado) is a fully integrated real estate investment trust (REIT). The Company conducts its business through, and substantially all of its interests in properties are held by, Vornado Realty L.P. (the Operating Partnership). The Company is the sole general partner of, and owned approximately 94.1% of the common limited partnership interest in the Operating Partnership. The Companys segments include New York, Washington, DC and Toys R Us (Toys). The Companys other investments includes The Mart, 555 California Street, Vornado Capital Partners Real Estate Fund and Toys R Us, Inc. The Company is the general partner and investment manager of Vornado Capital Partners Real Estate Fund.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.