Vornado Realty Trust (NYSE:VNO) Investment Insights

Company Overview - Vornado Realty Trust (NYSE:VNO) is a significant real estate investment trust (REIT) focusing on office and retail properties, primarily in urban areas, with a notable presence in New York City [1] - The company competes with other major REITs such as Boston Properties and SL Green Realty [1] Investment Insights - On December 15, 2025, Michael Lewis from Truist Financial set a price target of $36 for VNO, indicating a potential upside of approximately 3.12% from its trading price of $34.91 at that time [2] - This price target was revised down from a previous target of $40, reflecting a more cautious outlook on the stock [2] Shareholder Activity - Resolution Capital Ltd increased its investment in Vornado by acquiring an additional 4,084,815 shares valued at approximately $168.53 million during the third quarter, raising its total holding to 5,380,978 shares valued at $218.09 million as of September 30, 2025 [3] Stock Performance - Despite the recent price target adjustment, Vornado's stock price has seen a slight decrease, currently at $34.84, reflecting a 1.44% drop with a change of $0.51 [4] - The stock has traded between $34.65 and $35.68 today, indicating some volatility in its price movements [4] - Vornado's market capitalization is approximately $6.69 billion, with a trading volume of 493,391 shares on the NYSE [5] - Over the past year, the stock has experienced a high of $45.53 and a low of $29.68, showcasing a wide range of price fluctuations [5] - Resolution Capital's investment in Vornado now constitutes 4.24% of its $5.14 billion in reportable U.S. equity assets [5]