Veris Residential jumps after agreeing to $3.4B all-cash take-private deal

By: Quiver PriceTracker

Posted: 7 months, 1 week ago / Feb. 23, 2026 9:17 p.m. UTC

VRE

Veris Residential, Inc. (VRE) is up 12.3% today. Here is some analysis on what might have caused this price movement.

Analysis: The stock appears to be reacting primarily to Veris signing a definitive merger agreement to be acquired in an all-cash transaction priced at $19.00 per share, which effectively anchors trading near the deal value. Separately, the company also released fourth-quarter and full-year 2025 results, which may have reinforced investor confidence in the underlying multifamily operating performance.

Details:

Veris entered a definitive merger agreement to be acquired by an investor consortium led by Affinius Capital in partnership with Vista Hill Partners for $19.00 per share in cash, implying an enterprise value of about $3.4 billion.

The $19.00 offer was framed as a premium to the company’s “unaffected” February 4, 2026 closing price and its 30-day volume-weighted average price through that date.

The board unanimously approved the deal, and the transaction is expected to close in the second quarter of 2026, subject to shareholder approval and customary closing conditions.

Veris also reported fourth-quarter and full-year 2025 results, including year-over-year growth in Core FFO per share and performance described as exceeding the upper end of prior guidance.

Sources:

Veris Residential (press release via PR Newswire), Boursorama (Reuters), ChartExchange

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$VRE Hedge Fund Activity

We have seen 103 institutional investors add shares of $VRE stock to their portfolio, and 113 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 1,742,571 shares (-75.3%) from their portfolio in Q4 2025, for an estimated $25,929,456
MADISON INTERNATIONAL REALTY HOLDINGS, LLC removed 1,500,000 shares (-28.9%) from their portfolio in Q4 2025, for an estimated $22,320,000
H/2 CREDIT MANAGER LP added 1,175,500 shares (+27.4%) to their portfolio in Q4 2025, for an estimated $17,491,440
PRUDENTIAL FINANCIAL INC added 1,091,429 shares (+24.3%) to their portfolio in Q4 2025, for an estimated $16,240,463
JPMORGAN CHASE & CO removed 1,018,043 shares (-42.9%) from their portfolio in Q4 2025, for an estimated $15,148,479
BNP PARIBAS ASSET MANAGEMENT HOLDING S.A. added 798,846 shares (+11122.9%) to their portfolio in Q4 2025, for an estimated $11,886,828
BALYASNY ASSET MANAGEMENT L.P. added 602,663 shares (+inf%) to their portfolio in Q4 2025, for an estimated $8,967,625

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.