Vornado Realty Trust (VNO) Was Downgraded by JP Morgan to “Neutral”; Pepsico Has 0.94 Sentiment

December 17, 2017 - By Peter Erickson

Among 12 analysts covering Vornado Realty Trust (NYSE:VNO), 5 have Buy rating, 0 Sell and 7 Hold. Therefore 42% are positive. Vornado Realty Trust has $108 highest and $10 lowest target. $103.13’s average target is 32.49% above currents $77.84 stock price. Vornado Realty Trust had 26 analyst reports since August 5, 2015 according to SRatingsIntel. SunTrust maintained the stock with “Neutral” rating in Thursday, September 3 report. On Wednesday, July 19 the stock rating was maintained by Citigroup with “Buy”. The firm has “Overweight” rating given on Tuesday, October 10 by Morgan Stanley. The firm earned “Overweight” rating on Tuesday, October 20 by Barclays Capital. On Friday, September 4 the stock rating was maintained by Barclays Capital with “Overweight”. The firm has “Hold” rating by Deutsche Bank given on Monday, May 16. The firm has “Equalweight” rating given on Tuesday, July 19 by Barclays Capital. The stock has “Hold” rating by Stifel Nicolaus on Wednesday, August 30. The rating was upgraded by Argus Research on Thursday, August 24 to “Buy”. The rating was upgraded by Credit Suisse to “Outperform” on Tuesday, April 12.

PepsiCo, Inc. operates as a food and beverage firm worldwide. The company has market cap of $169.55 billion. The Company’s Frito-Lay North America segment offers LayÂ’s and Ruffles potato chips; Doritos, Tostitos, and Santitas tortilla chips; and Cheetos cheese-flavored snacks, branded dips, and Fritos corn chips. It has a 24.64 P/E ratio. The companyÂ’s Quaker Foods North America segment provides Quaker oatmeal, grits, rice cakes, granola, and oat squares; and Aunt Jemima mixes and syrups, Quaker Chewy granola bars, CapÂ’n Crunch cereal, Life cereal, and Rice-A-Roni side dishes.

Investors sentiment increased to 1.05 in 2017 Q2. Its up 0.08, from 0.97 in 2017Q1. It improved, as 42 investors sold Vornado Realty Trust shares while 147 reduced holdings. 53 funds opened positions while 131 raised stakes. 160.36 million shares or 1.94% less from 163.53 million shares in 2017Q1 were reported. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0.06% or 62,063 shares. Bnp Paribas Asset Mgmt Holding reported 0.01% of its portfolio in Vornado Realty Trust (NYSE:VNO). Jpmorgan Chase And holds 0.13% or 5.87M shares in its portfolio. Vantage Inv Advisors Limited Liability Corp, Pennsylvania-based fund reported 150 shares. 9,310 are held by Texas Yale. Utd Services Automobile Association reported 53,927 shares. Profund Advsrs Limited Com owns 0.05% invested in Vornado Realty Trust (NYSE:VNO) for 10,860 shares. Paloma Partners Mngmt, Connecticut-based fund reported 28,181 shares. Alps Advisors reported 0.01% stake. Great West Life Assurance Can has 207,146 shares for 0.05% of their portfolio. Prudential Financial owns 673,817 shares for 0.09% of their portfolio. Nomura holds 0.02% or 82,000 shares. Ontario – Canada-based Ontario Teachers Pension Plan Board has invested 0.08% in Vornado Realty Trust (NYSE:VNO). Ftb Advsr Inc has invested 0% in Vornado Realty Trust (NYSE:VNO). Guggenheim holds 399,055 shares.

Analysts await Vornado Realty Trust (NYSE:VNO) to report earnings on February, 12. They expect $0.98 earnings per share, down 13.27% or $0.15 from last year’s $1.13 per share. VNO’s profit will be $198.38 million for 19.86 P/E if the $0.98 EPS becomes a reality. After $0.52 actual earnings per share reported by Vornado Realty Trust for the previous quarter, Wall Street now forecasts 88.46% EPS growth.

Vornado Realty Trust is a publicly owned real estate investment trust. The company has market cap of $15.76 billion. The firm invests in the real estate markets of the United States. It has a 18.9 P/E ratio. It makes investments in commercial real estate properties to create its portfolio.

The stock increased 0.46% or $0.36 during the last trading session, reaching $77.84. About 2.11M shares traded or 90.45% up from the average. Vornado Realty Trust (NYSE:VNO) has risen 1.51% since December 17, 2016 and is uptrending. It has underperformed by 15.19% the S&P500.

Analysts await Pepsico, Inc. (NYSE:PEP) to report earnings on February, 21. They expect $1.30 EPS, up 8.33% or $0.10 from last year’s $1.2 per share. PEP’s profit will be $1.85B for 22.93 P/E if the $1.30 EPS becomes a reality. After $1.48 actual EPS reported by Pepsico, Inc. for the previous quarter, Wall Street now forecasts -12.16% negative EPS growth.

Bislett Management Llc holds 9.49% of its portfolio in Pepsico, Inc. for 135,000 shares. Yacktman Asset Management Lp owns 8.07 million shares or 9.07% of their US portfolio. Moreover, Lindsell Train Ltd has 8.9% invested in the company for 1.99 million shares. The Texas-based Ycg Llc has invested 8.57% in the stock. Gabalex Capital Management Llc, a New York-based fund reported 225,000 shares.

Since January 1, 0001, it had 0 buys, and 2 insider sales for $7.21 million activity.

Ratings analysis reveals 80% of PepsiCo’s analysts are positive. Out of 5 Wall Street analysts rating PepsiCo, 4 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $102.0 while the high is $122.0. The stock’s average target of $115 is -3.54% below today’s ($119.22) share price. PEP was included in 5 notes of analysts from September 16, 2016. The rating was upgraded by Societe Generale to “Buy” on Monday, December 12. The rating was initiated by Barclays Capital on Monday, January 9 with “Equal Weight”. The firm has “Outperform” rating by Credit Suisse given on Friday, September 16. The firm has “Buy” rating given on Friday, September 30 by Jefferies. Susquehanna upgraded the shares of PEP in report on Wednesday, April 12 to “Positive” rating.

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