Vornado Rlty Tr (VNO) Holder V3 Capital Management LP Has Trimmed Position by $32.36 Million as Share Price Declined; As Denbury Res (DNR) Stock Price Rose, Elm Ridge Management Boosted Stake

May 18, 2018 - By Vivian Currie

Denbury Resources Inc. (NYSE:DNR) Logo

V3 Capital Management Lp decreased its stake in Vornado Rlty Tr (VNO) by 55.26% based on its latest 2017Q4 regulatory filing with the SEC. V3 Capital Management Lp sold 414,850 shares as the company’s stock declined 14.56% with the market. The hedge fund held 335,895 shares of the real estate investment trusts company at the end of 2017Q4, valued at $26.26 million, down from 750,745 at the end of the previous reported quarter. V3 Capital Management Lp who had been investing in Vornado Rlty Tr for a number of months, seems to be less bullish one the $13.44 billion market cap company. The stock decreased 0.59% or $0.39 during the last trading session, reaching $66.25. About 702,496 shares traded. Vornado Realty Trust (NYSE:VNO) has declined 18.58% since May 18, 2017 and is downtrending. It has underperformed by 30.13% the S&P500.

Ron Gutfleish increased its stake in Denbury Res Inc (DNR) by 31585.41% based on its latest 2017Q4 regulatory filing with the SEC. Elm Ridge Management Llc bought 2.84 million shares as the company’s stock rose 31.34% while stock markets declined. The hedge fund run by Ron Gutfleish held 2.85M shares of the oil & gas production company at the end of 2017Q4, valued at $6.30M, up from 9,000 at the end of the previous reported quarter. Elm Ridge Management Llc who had been investing in Denbury Res Inc for a number of months, seems to be bullish on the $1.76 billion market cap company. The stock increased 4.34% or $0.17 during the last trading session, reaching $4.09. About 14.31M shares traded or 54.27% up from the average. Denbury Resources Inc. (NYSE:DNR) has risen 17.86% since May 18, 2017 and is uptrending. It has outperformed by 6.31% the S&P500.

Analysts await Vornado Realty Trust (NYSE:VNO) to report earnings on July, 30. They expect $0.97 earnings per share, down 28.15% or $0.38 from last year’s $1.35 per share. VNO’s profit will be $196.74M for 17.07 P/E if the $0.97 EPS becomes a reality. After $0.91 actual earnings per share reported by Vornado Realty Trust for the previous quarter, Wall Street now forecasts 6.59% EPS growth.

Investors sentiment decreased to 0.99 in 2017 Q4. Its down 0.06, from 1.05 in 2017Q3. It dived, as 34 investors sold VNO shares while 135 reduced holdings. 49 funds opened positions while 118 raised stakes. 153.63 million shares or 4.19% less from 160.36 million shares in 2017Q3 were reported. Kentucky Retirement stated it has 10,632 shares or 0.06% of all its holdings. Ameritas Investment Partners has invested 0.01% in Vornado Realty Trust (NYSE:VNO). Nuveen Asset Ltd Liability Com has invested 0.35% in Vornado Realty Trust (NYSE:VNO). Amf Pensionsforsakring reported 101,669 shares or 0.08% of all its holdings. Beck Mack And Oliver reported 0.01% in Vornado Realty Trust (NYSE:VNO). V3 Mgmt LP holds 3.6% of its portfolio in Vornado Realty Trust (NYSE:VNO) for 335,895 shares. Canada Pension Plan Investment Board holds 281,999 shares. Oppenheimer Asset Mgmt, a New York-based fund reported 12,800 shares. West Oak Cap Limited Co accumulated 1,770 shares. Brown Brothers Harriman & holds 0% of its portfolio in Vornado Realty Trust (NYSE:VNO) for 1,573 shares. Los Angeles Cap Mgmt And Equity has invested 0% of its portfolio in Vornado Realty Trust (NYSE:VNO). 318,400 were accumulated by Fmr Ltd Liability Company. Whittier Tru reported 671 shares stake. 14,162 are held by Eaton Vance. Meeder Asset Management reported 0.21% in Vornado Realty Trust (NYSE:VNO).

Among 14 analysts covering Vornado Realty Trust (NYSE:VNO), 8 have Buy rating, 0 Sell and 6 Hold. Therefore 57% are positive. Vornado Realty Trust has $108 highest and $10 lowest target. $89’s average target is 34.34% above currents $66.25 stock price. Vornado Realty Trust had 36 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Outperform” rating by Credit Suisse given on Tuesday, April 12. The rating was downgraded by Evercore on Monday, December 4 to “In-Line”. The rating was upgraded by Argus Research to “Buy” on Thursday, August 24. The stock of Vornado Realty Trust (NYSE:VNO) earned “Equalweight” rating by Barclays Capital on Tuesday, July 19. Bank of America upgraded Vornado Realty Trust (NYSE:VNO) on Friday, November 11 to “Buy” rating. JP Morgan downgraded Vornado Realty Trust (NYSE:VNO) on Friday, December 15 to “Neutral” rating. The firm has “Hold” rating by Deutsche Bank given on Monday, March 21. The stock of Vornado Realty Trust (NYSE:VNO) has “Hold” rating given on Monday, May 16 by Deutsche Bank. The stock of Vornado Realty Trust (NYSE:VNO) earned “Hold” rating by J.P. Morgan on Friday, December 15. The stock of Vornado Realty Trust (NYSE:VNO) earned “Buy” rating by BMO Capital Markets on Sunday, April 8.

More notable recent Vornado Realty Trust (NYSE:VNO) news were published by: Globenewswire.com which released: “Alexander’s Announces Vornado Realty Trust Quarterly Conference Call” on April 19, 2018, also Bizjournals.com with their article: “Why a New York-REIT is cheering on Crystal City as an HQ2 frontrunner” published on May 03, 2018, Globenewswire.com published: “Vornado Announces First Quarter 2018 Financial Results” on April 30, 2018. More interesting news about Vornado Realty Trust (NYSE:VNO) were released by: Seekingalpha.com and their article: “Kushner Cos., Brookfield close to deal on troubled 666 Fifth: Bloomberg” published on May 17, 2018 as well as Globenewswire.com‘s news article titled: “Vornado Declares Quarterly $.63 Dividend on Common Shares” with publication date: April 25, 2018.

Since April 5, 2018, it had 0 buys, and 4 selling transactions for $157,625 activity.

Elm Ridge Management Llc, which manages about $1.38B and $223.36 million US Long portfolio, decreased its stake in Helmerich & Payne Inc (NYSE:HP) by 18,600 shares to 50,844 shares, valued at $3.29M in 2017Q4, according to the filing.

Investors sentiment decreased to 0.9 in 2017 Q4. Its down 0.21, from 1.11 in 2017Q3. It fall, as 17 investors sold DNR shares while 67 reduced holdings. 30 funds opened positions while 46 raised stakes. 317.35 million shares or 1.30% less from 321.52 million shares in 2017Q3 were reported. Ironwood Inv Mngmt Ltd Limited Liability Company reported 12,084 shares. Tudor Investment Corporation Et Al holds 61,560 shares. Rhumbline Advisers reported 945,938 shares. Wells Fargo And Mn reported 736,148 shares or 0% of all its holdings. Parametric Portfolio Assoc Ltd owns 424,636 shares for 0% of their portfolio. Macquarie Group holds 260,700 shares or 0% of its portfolio. Foundry Limited Liability holds 0.09% or 1.00M shares in its portfolio. Endurance Wealth Management Inc holds 0.29% or 803,061 shares in its portfolio. Vanguard Gp Inc Inc reported 42.01M shares. Northwestern Mutual Wealth Mgmt owns 854 shares. Kbc Group Inc Nv invested 0.01% of its portfolio in Denbury Resources Inc. (NYSE:DNR). Jane Street Group Lc stated it has 0% of its portfolio in Denbury Resources Inc. (NYSE:DNR). Creative Planning accumulated 176,038 shares. Legal General Public Llc has invested 0% in Denbury Resources Inc. (NYSE:DNR). Conning holds 0% in Denbury Resources Inc. (NYSE:DNR) or 13,860 shares.

Among 13 analysts covering Denbury Resources Inc. (NYSE:DNR), 1 have Buy rating, 2 Sell and 10 Hold. Therefore 8% are positive. Denbury Resources Inc. had 43 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Denbury Resources Inc. (NYSE:DNR) has “Underweight” rating given on Wednesday, August 10 by Barclays Capital. The stock of Denbury Resources Inc. (NYSE:DNR) earned “Sell” rating by Stifel Nicolaus on Friday, December 18. The firm earned “Hold” rating on Wednesday, June 15 by Stifel Nicolaus. RBC Capital Markets maintained Denbury Resources Inc. (NYSE:DNR) rating on Friday, April 13. RBC Capital Markets has “Hold” rating and $300 target. The firm has “Sell” rating by UBS given on Friday, October 2. The firm has “Hold” rating given on Monday, February 22 by Johnson Rice. As per Tuesday, September 8, the company rating was downgraded by Cowen & Co. RBC Capital Markets maintained the shares of DNR in report on Thursday, September 28 with “Hold” rating. The firm has “Sector Perform” rating by RBC Capital Markets given on Monday, February 22. The company was upgraded on Tuesday, January 16 by Mizuho.

More news for Denbury Resources Inc. (NYSE:DNR) were recently published by: Seekingalpha.com, which released: “Denbury Resources: Management Faces Financial Reality” on May 14, 2018. Benzinga.com‘s article titled: “Proctor & Gamble, Mylan And More Stocks Sending Strong Signals This Week” and published on May 14, 2018 is yet another important article.

Denbury Resources Inc. (NYSE:DNR) Institutional Positions Chart

Echostar Corporation-Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Posts

>