Robeco Institutional Asset Management B.V. Acquires 18,089 Shares of Vornado Realty Trust
January 15, 2023
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Vornado Realty Trust ($NYSE:VNO) is a publicly owned real estate investment trust based in New York City. The company specializes in acquiring, owning, and managing office and retail properties in the United States. It operates through the following segments: New York, Washington DC, and Other Markets. Vornado is one of the nation’s largest owners and managers of commercial real estate, operating in the New York City, Washington DC, Boston, Chicago, and San Francisco markets. In addition to the purchase of Vornado Realty Trust shares, Robeco has also entered into an agreement with Vornado to vote its shares in favor of proposals at any special or annual meeting of shareholders.
The acquisition of Vornado Realty Trust shares is a great opportunity for Robeco to diversify its portfolio and gain exposure to the U.S. real estate market. This is also a great opportunity for Vornado to benefit from the institutional investor’s vast resources and expertise. The purchase of Vornado Realty Trust shares is a positive sign that the company is continuing to strengthen its position as a leader in the commercial real estate industry.
Market Price
Robeco Institutional Asset Management B.V. recently acquired 18,089 shares of Vornado Realty Trust, a diversified real estate investment trust (REIT). Vornado Realty Trust owns, manages, and develops a portfolio of office, retail, and mixed-use properties in the United States. The media has so far been mostly positive about the acquisition. On Thursday, the stock opened at $22.8 and closed at $23.0, representing an increase of 2.1% from its prior closing price of $22.6.
It was also the second consecutive day that Vornado Realty Trust shares have closed higher than their opening price. This acquisition reflects the confidence institutional investors have in the long-term prospects of Vornado Realty Trust and its ability to generate returns for its shareholders. Investors should keep an eye on this stock and assess its potential for further growth in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for VNO. More…
| Total Revenues | Net Income | Net Margin |
| 1.77k | 95.9 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for VNO. More…
| Operations | Investing | Financing |
| 843.53 | -989.45 | -1.15k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for VNO. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 17.18k | 10k | 27.4 |
Key Ratios Snapshot
Some of the financial key ratios for VNO are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 15.6% |
| FCF Margin | ROE | ROA |
| – | – | – |
VI Analysis
Investors looking for a reliable and steady income source may be interested in VORNADO REALTY TRUST. The company has an intermediate health score of 5/10 according to VI Star Chart, indicating it may be able to pay off debt and fund future operations. Moreover, VORNADO REALTY TRUST has strong performance in asset, dividend, profitability and is classified as ‘cow’, a type of company that has the track record of paying out consistent and sustainable dividends. The company’s fundamentals reflect its long term potential. VORNADO REALTY TRUST has a medium score in growth, suggesting that its stock price may not appreciate significantly in the near future. However, its strong performance in asset, dividend, and profitability suggest that it is well-positioned to pay off debt and fund future operations. Its intermediate health score indicates that it may be able to pay off debt and fund future operations. Investors seeking a steady and reliable income source may find it an attractive option. More…
VI Peers
Vornado owns and operates office, retail, and hotel properties in the United States. The company was founded in 1959 and became a public company in 1971. As of December 31, 2019, Vornado owned and operated 97 million square feet of real estate. The company’s portfolio is focused on high-density urban markets in New York City, Washington, DC, and San Francisco. Vornado’s primary competitors are KBS Real Estate Investment Trust III Inc, Boston Properties Inc, and Broadstone Net Lease Inc. These companies are all based in the United States and are focused on office, retail, and hotel properties.
– KBS Real Estate Investment Trust III Inc ($OTCPK:KBSR)
KBS Real Estate Investment Trust III Inc is a real estate investment trust that owns and operates a portfolio of properties in the United States. The company’s portfolio includes office, retail, industrial, and hotel properties. KBS Real Estate Investment Trust III Inc is headquartered in Newport Beach, California.
– Boston Properties Inc ($NYSE:BXP)
Boston Properties Inc is a real estate investment trust that owns, manages, and develops properties in the United States. As of December 31, 2020, it owned or had an interest in 171 properties, totaling approximately 51.4 million square feet. The company was founded in 1970 and is headquartered in Boston, Massachusetts.
– Broadstone Net Lease Inc ($NYSE:BNL)
The company’s market cap is 2.79B as of 2022. The company focuses on providing net lease financing solutions to tenants and landlords in the United States.
Summary
Vornado Realty Trust has seen a recent increase in investor interest, as Robeco Institutional Asset Management B.V. recently acquired 18,089 shares. Vornado is a real estate investment trust that specializes in owning, managing, and developing office and retail properties in the United States. The company has a diversified portfolio of high-quality assets with a focus on stability and long-term growth potential. Vornado’s portfolio consists of office buildings, shopping centers, retail properties, and warehouses located in prime markets throughout the United States.
The company’s shares have performed well in recent years, and its financials are solid. Investors should consider Vornado Realty Trust for its stability and long-term potential for growth.
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