Adelante Capital Management Trimmed Holding in Vornado Realty (VNO) by $71.49 Million; Shareholder Contrarian Capital Management Has Boosted Gerdau S A (GGB) Holding

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Adelante Capital Management Llc decreased its stake in Vornado Realty (VNO) by 100% based on its latest 2018Q4 regulatory filing with the SEC. Adelante Capital Management Llc sold 940,670 shares as the company’s stock declined 4.24% while stock markets rallied. The hedge fund held 13 shares of the real estate investment trusts company at the end of 2018Q4, valued at $1,000, down from 940,683 at the end of the previous reported quarter. Adelante Capital Management Llc who had been investing in Vornado Realty for a number of months, seems to be less bullish one the $13.54 billion market cap company. The stock decreased 0.02% or $0.01 during the last trading session, reaching $66.52. About 901,614 shares traded. Vornado Realty Trust (NYSE:VNO) has risen 1.95% since April 17, 2018 and is uptrending. It has underperformed by 2.42% the S&P500. Some Historical VNO News: 01/05/2018 – VORNADO EARNINGS CALL STARTS; 30/04/2018 – VORNADO REALTY 1Q AFFO/SHR 91C, EST. 52C; 06/04/2018 – VORNADO BELIEVES IT HAS `HANDSHAKE’ TO SELL 666 FIFTH STAKE; 04/04/2018 – VORNADO RECALLS ELECTRIC SPACE HEATERS DUE TO FIRE,BURN HAZARDS; 06/04/2018 – VORNADO’S PLANS FOR 666 FIFTH AVE. IN CHAIRMAN’S ANNUAL LETTER; 30/04/2018 – Vornado 1Q FFO 54c/Shr; 03/04/2018 – Commercial Real Estate Technology Solutions Continue to Grow in the United States With Australia’s Premier Property Management Firm, Equiem, Launching in New York City; 01/05/2018 – VORNADO’S ROTH: RETAIL PROPERTY SALES MARKET IS OFF; 09/05/2018 – Commercial Obs: Vornado Refis Times Square Crowne Plaza With $250M Loan; 30/04/2018 – Vornado 1Q Adj EPS 30c

Contrarian Capital Management Llc increased its stake in Gerdau S A (GGB) by 100.85% based on its latest 2018Q4 regulatory filing with the SEC. Contrarian Capital Management Llc bought 8.07 million shares as the company’s stock rose 3.05% with the market. The hedge fund held 16.07M shares of the steel and iron ore company at the end of 2018Q4, valued at $60.42M, up from 8.00 million at the end of the previous reported quarter. Contrarian Capital Management Llc who had been investing in Gerdau S A for a number of months, seems to be bullish on the $6.03B market cap company. The stock decreased 1.80% or $0.07 during the last trading session, reaching $3.82. About 11.62 million shares traded or 0.16% up from the average. Gerdau S.A. (NYSE:GGB) has declined 21.26% since April 17, 2018 and is downtrending. It has underperformed by 25.63% the S&P500. Some Historical GGB News: 27/03/2018 – S&PGR Revises Outlook On Gerdau To Stable From Negative; 28/05/2018 – GERDAU SAYS PRODUCTION, TRANSPORT OF MATERIALS HURT BY STRIKE; 14/03/2018 – WTO DIRECTOR ROBERTO AZEVEDO SAYS BRAZIL OFFICIALS HAVE TOLD HIM IT HAS NOT RULED OUT ANY RESPONSE TO U.S. STEEL TARIFFS; 03/04/2018 – GERDAU S.A. – Form 20-F; 19/04/2018 – MOODY’S ASSIGNS BA3 RATING TO CMC’S PROPOSED NOTES; ALL OTHER RATINGS REMAIN ON REVIEW FOR DOWNGRADE; 30/05/2018 – GERDAU SAYS CHILE REGULATOR APPROVED SALE OF ASSETS; 09/05/2018 – GERDAU SEES FY CAPEX R$1.2B; 09/05/2018 – Gerdau S.A. – Consolidated Information; 09/05/2018 – GERDAU MAY RAISE NORTH AMERICA ’18 UTILIZED CAPACITY TO 85%:CEO; 24/04/2018 – GERDAU: CHIA YUAN WANG TO BE NORTH AMERICA OPERATIONS PRESIDENT

More notable recent Vornado Realty Trust (NYSE:VNO) news were published by: Seekingalpha.com which released: “You Say ‘Vornado’, I Say ‘Vornado’ – Seeking Alpha” on May 31, 2018, also Globenewswire.com with their article: “Vornado Completes $167.5 Million Refinancing of 61 Ninth Avenue – GlobeNewswire” published on January 29, 2019, Bizjournals.com published: “JBG Smith aims to sell another legacy Vornado asset – Washington Business Journal” on April 02, 2019. More interesting news about Vornado Realty Trust (NYSE:VNO) were released by: Globenewswire.com and their article: “Recent Analysis Shows Veritiv, Plains All American Pipeline, WESCO International, Evolus, Schnitzer Steel Industries, and Vornado Realty Trust Market Influences — Renewed Outlook, Key Drivers of Growth – GlobeNewswire” published on April 08, 2019 as well as Globenewswire.com‘s news article titled: “Vornado Completes $580 Million Refinancing of 100 West 33rd Street – GlobeNewswire” with publication date: February 13, 2019.

Adelante Capital Management Llc, which manages about $1.78B and $1.77 billion US Long portfolio, upped its stake in Diamondrock Hospitality (NYSE:DRH) by 554,645 shares to 2.45 million shares, valued at $22.22M in 2018Q4, according to the filing. It also increased its holding in Kimco Realty Corp. (NYSE:KIM) by 984,765 shares in the quarter, for a total of 3.54 million shares, and has risen its stake in Jbg Smith Properties.

Analysts await Vornado Realty Trust (NYSE:VNO) to report earnings on April, 29. They expect $0.92 EPS, up 1.10% or $0.01 from last year’s $0.91 per share. VNO’s profit will be $187.26M for 18.08 P/E if the $0.92 EPS becomes a reality. After $0.90 actual EPS reported by Vornado Realty Trust for the previous quarter, Wall Street now forecasts 2.22% EPS growth.

Investors sentiment decreased to 0.78 in 2018 Q4. Its down 0.23, from 1.01 in 2018Q3. It is negative, as 46 investors sold VNO shares while 133 reduced holdings. 42 funds opened positions while 98 raised stakes. 148.97 million shares or 2.43% more from 145.44 million shares in 2018Q3 were reported. Aperio Limited Co accumulated 56,035 shares or 0.02% of the stock. Kentucky Retirement holds 7,532 shares or 0.05% of its portfolio. Ameritas Partners holds 0.01% or 3,055 shares in its portfolio. Moreover, Wells Fargo And Mn has 0.01% invested in Vornado Realty Trust (NYSE:VNO) for 262,877 shares. Dupont Cap reported 35,347 shares stake. Roundview Cap Limited Liability invested 0.17% in Vornado Realty Trust (NYSE:VNO). Apg Asset Nv invested 0% in Vornado Realty Trust (NYSE:VNO). Fulton Breakefield Broenniman Llc reported 0.08% stake. Dean Invest Associate Limited Liability Corp holds 0.15% of its portfolio in Vornado Realty Trust (NYSE:VNO) for 14,753 shares. State Street invested 0.05% of its portfolio in Vornado Realty Trust (NYSE:VNO). Intact Inv Management reported 55,000 shares. Teachers Insur And Annuity Association Of America invested in 1.14% or 238,674 shares. Silvercrest Asset Mgmt Ltd reported 0.01% of its portfolio in Vornado Realty Trust (NYSE:VNO). Aviva Public Limited Com holds 0.03% or 64,732 shares. 6,942 are owned by Victory Cap.

Since November 28, 2018, it had 0 insider purchases, and 3 selling transactions for $11.35 million activity. 126,074 shares valued at $8.10 million were sold by Fascitelli Michael D on Thursday, January 10.

Another recent and important Gerdau S.A. (NYSE:GGB) news was published by Investorideas.com which published an article titled: “Cannabis Stock News: Aphria (TSX: $APHA.TO) (NYSE: $APHA) Agrees to Accelerate Expiry of Green Growth Brands Bid and Terminate its Option With GA Opportunities Corp. – InvestorIdeas.com” on April 15, 2019.

Contrarian Capital Management Llc, which manages about $4.20 billion and $1.07B US Long portfolio, decreased its stake in Caesars Entmt Corp (NASDAQ:CZR) by 68,453 shares to 4.06M shares, valued at $27.56M in 2018Q4, according to the filing. It also reduced its holding in Vistra Energy Corp by 473,008 shares in the quarter, leaving it with 1.10 million shares, and cut its stake in Petroleo Brasileiro Sa Petro (NYSE:PBR).

Vornado Realty Trust (NYSE:VNO) Institutional Positions Chart