Vornado Realty Trust (VNO) has risen sharply, recording gains of 2.41% in the past 4 weeks. However, the stock has corrected -0.16% in the past 1 week, providing a good buying opportunity on dips. Vornado Realty Trust (VNO) : During the past 4 weeks, traders have been relatively bearish on Vornado Realty Trust (VNO), hence the stock is down -1.88% 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 -1.63% relative to the S&P 500. The stock has recorded a 20-day Moving Average of 1.45% and the 50-Day Moving Average is 3.57%.
Vornado Realty Trust (NYSE:VNO): The stock opened at $100.67 on Friday but the bulls could not build on the opening and the stock topped out at $100.68 for the day. The stock traded down to $99.46 during the day, due to lack of any buying support eventually closed down at $100.30 with a loss of -0.24% for the day. The stock had closed at $100.54 on the previous day. The total traded volume was 1,279,220 shares.
The company Insiders own 9.72% of Vornado Realty Trust shares according to the proxy statements. Institutional Investors own 91.87% of Vornado Realty Trust shares. In a related news, Macnow Joseph, officer (EVP-Finance, Chief Admin. Of) of Vornado Realty Trust, unloaded 4,500 shares at an average price of $25.08 on September 22, 2015. The total amount of the transaction was worth $112,860, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
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.