CFO of Vornado Realty Trust Stephen W. Theriot Bought 3,100 Shares

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Jun 11, 2013
Vornado Realty Trust is a fully integrated real estate investment trust and conducts its business through Vornado Realty L.P. Vornado Realty Trust has a market cap of $14.77 billion; its shares were traded at around $79.85 with a P/E ratio of 118.60 and P/S ratio of 6.50. The dividend yield of Vornado Realty Trust stocks is 3.50%. Vornado Realty Trust had an annual average earnings growth of 7.7% over the past five years.

CFO of Vornado Realty Trust (VNO, Financial) Stephen W. Theriot bought 3,100 shares on June 10, 2013 at an average price of $81.39. The total transaction amount was $252,309.

Mr. Theriot joined Vornado in June 2013, after 30 years of service at Deloitte & Touche LLP. He earned his Bachelor’s degree in Business Administration from the University of North Carolina at Chapel Hill, is a Certified Public Accountant in New Jersey and New York, and a member of the American Institute of Certified Public Accountants.

EVP Capital Markets and Acquisitions Wendy Silverstein, President VNO/Smith Division Mitchell N. Schear and Director Russell B. Wight Jr. together sold 31,792 shares of VNO stock in December, January and April.

In the quarter that ended March 31, 2013, our Gurus traded with VNO. Two Gurus, Ron Baron and Chris Davis increased their position in the company. Ron Baron owns 78,937 shares and Chris Davis owns 803,376 shares as of this quarter. Third Avenue Management kept their position unchanged and owns 662,619 shares of VNO stock. Mason Hawkins, who owns 339,902 shares, decreased 21.24% from the previous quarter.

Vornado Realty Trust reported their 2012 annual report with revenues of $2.8 billion and net income of $549.3 million.