They now have a United States dollars 7.5 price target on the stock. Most recently on 4/12/2016 the stock of Vornado Realty Trust (NYSE:VNO) upgraded by Credit Suisse from Neutral to Outperform. Vanguard Group Inc. now owns 12,189,235 shares of the company’s stock valued at $316,067,000 after buying an additional 259,455 shares in the last quarter. They issued an “overweight” rating and a $33.00 price target for the company. In a research note issued to the investors, the brokerage major Raises the price-target to $108.00 per share.
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The stock has recorded a 20-day Moving Average of 4.68% and the 50-Day Moving Average is 10.16%.
Kite Realty Group Trust (NYSE:KRG) traded down 0.050% during trading on Tuesday, reaching $29.885. The company reported $0.52 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.50 by $0.02.
Cutler Capital Management Llc holds 7.01% of its portfolio in Lexington Realty Trust for 1.71 million shares.
Vornado Realty Trust (NYSE:VNO) soared 1.87% during previous trade, a total of 1.13M shares exchanged hands compared with its average trading volume of 1.02M shares. The company earned $88.55 million during the quarter, compared to analysts’ expectations of $87.34 million. Technical Forecast While evaluating N/A on the technical side, it is seen that the firm’s shares price is at $N/A, which is N/A off 50-day MA of $24. Swiss National Bank owned about 0.13% of Kite Realty Group Trust worth $2,852,000 at the end of the most recent reporting period. Citigroup Inc. raised their price objective on shares of Federal Realty Investment Trust from $150.00 to $156.00 and gave the company a “neutral” rating in a research report on Friday, April 1st.
The Company intends to use any net proceeds received upon the settlement of the forward sale agreement described below or upon any issuance and sale to the underwriter of shares of common stock in the offering for general working capital and other corporate purposes, including the repayment of outstanding indebtedness and the acquisition of additional properties.
Digital Realty Trust Inc. has a 52 week low of $60.66 and a one-year high of $113.21 with a PE ratio of 97.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 14th. They noted that the move was a valuation call. The ex-dividend date of this dividend was Monday, June 20th. This represents a $1.15 annualized dividend and a yield of 3.85%.
Historically, if we look at price target revisions during last one month, three weeks ago stock’s price target was revised on 06/24/16 by the analysts. The company has a consensus rating of “Buy” and a consensus price target of $31.00.
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Lexington Realty Trust is a self-managed and self-administered 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).
