Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) Coverage Initiated at KeyCorp

Stock analysts at KeyCorp began coverage on shares of Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRKGet Free Report) in a research report issued on Wednesday. The brokerage set a “sector weight” rating on the stock.

A number of other equities analysts also recently issued reports on the company. Stifel Nicolaus dropped their price target on Vivmark Residential Common Shares of Beneficial Interest from $79.00 to $78.50 and set a “buy” rating on the stock in a research report on Wednesday, August 19th. JPMorgan Chase & Co. assumed coverage on Vivmark Residential Common Shares of Beneficial Interest in a report on Monday. They issued a “neutral” rating and a $73.00 price objective for the company. Wells Fargo & Company started coverage on shares of Vivmark Residential Common Shares of Beneficial Interest in a research note on Friday. They issued an “overweight” rating and a $72.00 price objective for the company. Morgan Stanley began coverage on shares of Vivmark Residential Common Shares of Beneficial Interest in a report on Tuesday. They set an “overweight” rating and a $75.00 target price on the stock. Finally, BMO Capital Markets cut their target price on shares of Vivmark Residential Common Shares of Beneficial Interest from $75.00 to $74.00 and set a “market perform” rating on the stock in a research report on Monday. Three analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $73.81.

View Our Latest Stock Analysis on VMRK

Vivmark Residential Common Shares of Beneficial Interest Stock Performance

VMRK opened at $67.63 on Wednesday. The company has a current ratio of 0.19, a quick ratio of 0.19 and a debt-to-equity ratio of 0.77. The firm has a market cap of $25.36 billion, a price-to-earnings ratio of 16.78, a PEG ratio of 3.74 and a beta of 0.73. Vivmark Residential Common Shares of Beneficial Interest has a 52 week low of $57.57 and a 52 week high of $71.50.

Insider Activity at Vivmark Residential Common Shares of Beneficial Interest

In other Vivmark Residential Common Shares of Beneficial Interest news, EVP Edward M. Schulman sold 16,595 shares of Vivmark Residential Common Shares of Beneficial Interest stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $64.29, for a total value of $1,066,892.55. Following the transaction, the executive vice president owned 48,776 shares in the company, valued at $3,135,809.04. The trade was a 25.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Charles E. Mueller, Jr. sold 8,000 shares of the business’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $63.90, for a total transaction of $511,200.00. Following the completion of the transaction, the director owned 16,084 shares of the company’s stock, valued at $1,027,767.60. This represents a 33.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 57,156 shares of company stock valued at $3,662,055 over the last 90 days. Company insiders own 1.20% of the company’s stock.

Institutional Inflows and Outflows

A hedge fund 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:VMRKFree Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,206 shares of the company’s stock, valued at approximately $354,000. 92.68% of the stock is currently owned by hedge funds and other institutional investors.

About Vivmark Residential Common Shares of Beneficial Interest

(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

Analyst Recommendations for Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK)

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