Lasalle Investment Management Securities Has Lowered Holding in Vornado Realty Trust (VNO) by $36.63 Million; Merriman Wealth Management Has Decreased Its Position in Apache (APA) as Shares Declined

May 16, 2018 - By Moses P. Lee

Apache Corporation (NYSE:APA) Logo

Merriman Wealth Management Llc decreased its stake in Apache Corp (APA) by 75.85% based on its latest 2017Q4 regulatory filing with the SEC. Merriman Wealth Management Llc sold 38,485 shares as the company’s stock declined 12.65% with the market. The institutional investor held 12,255 shares of the oil & gas production company at the end of 2017Q4, valued at $517,000, down from 50,740 at the end of the previous reported quarter. Merriman Wealth Management Llc who had been investing in Apache Corp for a number of months, seems to be less bullish one the $16.25B market cap company. The stock increased 0.50% or $0.21 during the last trading session, reaching $42.52. About 2.03M shares traded. Apache Corporation (NYSE:APA) has declined 24.62% since May 16, 2017 and is downtrending. It has underperformed by 36.17% the S&P500.

Lasalle Investment Management Securities Llc decreased its stake in Vornado Realty Trust (VNO) by 10.73% based on its latest 2017Q4 regulatory filing with the SEC. Lasalle Investment Management Securities Llc sold 469,646 shares as the company’s stock declined 14.56% with the market. The institutional investor held 3.91 million shares of the real estate investment trusts company at the end of 2017Q4, valued at $305.59M, down from 4.38M at the end of the previous reported quarter. Lasalle Investment Management Securities Llc who had been investing in Vornado Realty Trust for a number of months, seems to be less bullish one the $13.66 billion market cap company. The stock decreased 2.41% or $1.66 during the last trading session, reaching $67.33. About 898,611 shares traded. Vornado Realty Trust (NYSE:VNO) has declined 18.58% since May 16, 2017 and is downtrending. It has underperformed by 30.13% the S&P500.

More notable recent Vornado Realty Trust (NYSE:VNO) news were published by: Globenewswire.com which released: “Vornado Declares Quarterly $.63 Dividend on Common Shares” on April 25, 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: “Alexander’s Announces Vornado Realty Trust Quarterly Conference Call” on April 19, 2018. More interesting news about Vornado Realty Trust (NYSE:VNO) were released by: Globenewswire.com and their article: “Vornado Announces First Quarter 2018 Financial Results” published on April 30, 2018 as well as Crainscleveland.com‘s news article titled: “Forest City Realty Trust seats big slate of directors” with publication date: April 17, 2018.

Analysts await Vornado Realty Trust (NYSE:VNO) to report earnings on July, 30. They expect $0.97 EPS, down 28.15% or $0.38 from last year’s $1.35 per share. VNO’s profit will be $196.74 million for 17.35 P/E if the $0.97 EPS becomes a reality. After $0.91 actual EPS reported by Vornado Realty Trust for the previous quarter, Wall Street now forecasts 6.59% EPS growth.

Investors sentiment decreased to 0.99 in Q4 2017. 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. California-based Franklin Resource has invested 0.15% in Vornado Realty Trust (NYSE:VNO). Linscomb And Williams reported 0.02% stake. Louisiana State Employees Retirement holds 10,400 shares. Los Angeles Management Equity Research reported 0% of its portfolio in Vornado Realty Trust (NYSE:VNO). The Kentucky-based Teachers Retirement System Of The State Of Kentucky has invested 0.02% in Vornado Realty Trust (NYSE:VNO). Moreover, Cwm Ltd has 0% invested in Vornado Realty Trust (NYSE:VNO). Price Michael F holds 6,000 shares. Assetmark invested in 1,398 shares or 0% of the stock. Private Tru Na owns 0.1% invested in Vornado Realty Trust (NYSE:VNO) for 6,237 shares. Capital Fin Advisers Llc holds 72,899 shares or 0.04% of its portfolio. Public Employees Retirement Sys Of Ohio has 0.1% invested in Vornado Realty Trust (NYSE:VNO). Mufg Americas reported 0% of its portfolio in Vornado Realty Trust (NYSE:VNO). Silvercrest Asset Mgmt Grp Inc Ltd stated it has 10,537 shares. Jane Street Grp Ltd Liability Co reported 3,886 shares. 83,976 were accumulated by British Columbia Inv Mgmt.

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 had 36 analyst reports since August 5, 2015 according to SRatingsIntel. Deutsche Bank maintained the stock with “Hold” rating in Monday, May 16 report. Stifel Nicolaus maintained Vornado Realty Trust (NYSE:VNO) rating on Tuesday, February 13. Stifel Nicolaus has “Hold” rating and $66.0 target. Evercore downgraded the stock to “In-Line” rating in Monday, December 4 report. Sandler O’Neill maintained the shares of VNO in report on Friday, January 19 with “Buy” rating. The rating was maintained by Barclays Capital with “Equalweight” on Tuesday, July 19. The stock of Vornado Realty Trust (NYSE:VNO) earned “Buy” rating by Argus Research on Thursday, August 24. The firm has “Buy” rating given on Monday, January 22 by SunTrust. Barclays Capital maintained it with “Equal-Weight” rating and $103 target in Tuesday, July 18 report. The rating was upgraded by Credit Suisse to “Outperform” on Tuesday, April 12. Bank of America upgraded Vornado Realty Trust (NYSE:VNO) on Friday, November 11 to “Buy” rating.

Among 29 analysts covering Apache Corporation (NYSE:APA), 7 have Buy rating, 6 Sell and 16 Hold. Therefore 24% are positive. Apache Corporation had 106 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Neutral” rating by JP Morgan on Wednesday, December 9. The firm has “Neutral” rating by Credit Suisse given on Wednesday, July 22. The stock of Apache Corporation (NYSE:APA) earned “Hold” rating by Stifel Nicolaus on Monday, May 29. The stock of Apache Corporation (NYSE:APA) earned “Buy” rating by MUFG Securities Americas Inc on Monday, February 26. On Wednesday, January 24 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. BMO Capital Markets maintained the shares of APA in report on Monday, June 26 with “Hold” rating. Stifel Nicolaus maintained the stock with “Hold” rating in Thursday, October 5 report. The rating was maintained by Jefferies on Tuesday, October 3 with “Sell”. The company was downgraded on Monday, August 10 by Zacks. The rating was maintained by Barclays Capital with “Equal-Weight” on Thursday, September 1.

Investors sentiment decreased to 0.87 in Q4 2017. Its down 0.18, from 1.05 in 2017Q3. It dived, as 61 investors sold APA shares while 238 reduced holdings. 78 funds opened positions while 183 raised stakes. 340.75 million shares or 2.35% less from 348.95 million shares in 2017Q3 were reported. Endurance Wealth Management Inc, a Rhode Island-based fund reported 150 shares. 103,992 are held by Texas Permanent School Fund. Bank Of Montreal Can reported 152,728 shares or 0.01% of all its holdings. Los Angeles Capital Mgmt Equity invested 0.01% of its portfolio in Apache Corporation (NYSE:APA). Tokio Marine Asset Ltd invested 0.12% of its portfolio in Apache Corporation (NYSE:APA). Ally Inc holds 0.41% or 50,000 shares in its portfolio. Campbell Invest Adviser Lc reported 7,522 shares or 0.23% of all its holdings. Hartford Financial Mgmt holds 0.21% or 10,189 shares. Art Advsr Lc has 114,467 shares. Gabelli Funds Ltd Com stated it has 260,500 shares. Security Bancorp Of Sioux City Iowa Ia holds 39,523 shares or 1.51% of its portfolio. Pictet Asset Management Limited holds 217,523 shares. Moreover, Btr Mgmt has 0.27% invested in Apache Corporation (NYSE:APA) for 32,692 shares. Folger Nolan Fleming Douglas Cap reported 11,377 shares. First Fincl Corp In has invested 0.01% of its portfolio in Apache Corporation (NYSE:APA).

Since December 13, 2017, it had 2 buys, and 0 sales for $204,572 activity.

Analysts await Apache Corporation (NYSE:APA) to report earnings on August, 2. They expect $0.31 earnings per share, up 247.62% or $0.52 from last year’s $-0.21 per share. APA’s profit will be $118.47M for 34.29 P/E if the $0.31 EPS becomes a reality. After $0.32 actual earnings per share reported by Apache Corporation for the previous quarter, Wall Street now forecasts -3.13% negative EPS growth.

Vornado Realty Trust (NYSE:VNO) Institutional Positions Chart

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By1 Moses P. Lee

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