Key Points
- Director Chris Carr sold 1,130 shares of VMRK at an average price of $65.28, totaling $73,766.40. His remaining direct ownership fell 20.21% to 4,461 shares.
- VMRK opened at $65.52 and trades within a 52-week range of $57.57 to $71.50, with a market capitalization of approximately $24.57 billion. The company recently reported quarterly EPS of $0.30 on $785.05 million in revenue.
- Analyst sentiment is mixed, with four Buy ratings and eight Holds producing a consensus rating of Hold and an average price target of $73.85. Institutional investors own 92.68% of the stock, and Syon Capital recently established a 5,206-share position.
Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK - Get Free Report) Director Chris Carr sold 1,130 shares of the firm's stock in a transaction dated Wednesday, September 9th. The shares were sold at an average price of $65.28, for a total transaction of $73,766.40. Following the transaction, the director directly owned 4,461 shares in the company, valued at $291,214.08. The trade was a 20.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Vivmark Residential Common Shares of Beneficial Interest Stock Performance
Vivmark Residential Common Shares of Beneficial Interest stock opened at $65.52 on Friday. Vivmark Residential Common Shares of Beneficial Interest has a fifty-two week low of $57.57 and a fifty-two week high of $71.50. The stock has a market cap of $24.57 billion, a P/E ratio of 28.49, a PEG ratio of 3.57 and a beta of 0.73. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.19 and a current ratio of 0.19.
Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK - Get Free Report) last issued its quarterly earnings data on Wednesday, July 22nd. The company reported $0.30 earnings per share (EPS) for the quarter. The business had revenue of $785.05 million during the quarter. Vivmark Residential Common Shares of Beneficial Interest had a net margin of 27.97% and a return on equity of 8.06%. As a group, equities analysts expect that Vivmark Residential Common Shares of Beneficial Interest will post 4.07 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Vivmark Residential Common Shares of Beneficial Interest stock. Syon Capital LLC bought a new stake in shares of Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 5,206 shares of the company's stock, valued at approximately $354,000. 92.68% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several equities analysts have recently issued reports on VMRK shares. Weiss Ratings started coverage on Vivmark Residential Common Shares of Beneficial Interest in a report on Wednesday, August 19th. They issued a "hold (c)" rating for the company. Morgan Stanley started coverage on Vivmark Residential Common Shares of Beneficial Interest in a report on Tuesday, August 25th. They set an "overweight" rating and a $75.00 price target on the stock. JPMorgan Chase & Co. initiated coverage on Vivmark Residential Common Shares of Beneficial Interest in a research report on Monday, August 24th. They issued a "neutral" rating and a $73.00 price objective on the stock. BMO Capital Markets reduced their price objective on Vivmark Residential Common Shares of Beneficial Interest from $75.00 to $74.00 and set a "market perform" rating for the company in a research note on Monday, August 24th. Finally, Stifel Nicolaus decreased their target price on Vivmark Residential Common Shares of Beneficial Interest from $79.00 to $78.50 and set a "buy" rating for the company in a research report on Wednesday, August 19th. Four investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, Vivmark Residential Common Shares of Beneficial Interest currently has an average rating of "Hold" and a consensus price target of $73.85.
Read Our Latest Stock Analysis on Vivmark Residential Common Shares of Beneficial Interest
Vivmark Residential Common Shares of Beneficial Interest Company Profile
(
Get Free Report)
Equity Residential is committed to creating communities where people thrive. The Company, a member of the S&P 500, is focused on the acquisition, development and management of residential properties located in and around dynamic cities that attract high quality long-term renters. Equity Residential owns or has investments in 305 properties consisting of 78,568 apartment units, located in Boston, New York, Washington, DC, Seattle, San Francisco, Southern California and Denver.
Further Reading
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