Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK – Get Free Report)‘s stock had its “neutral” rating restated by stock analysts at BTIG Research in a research report issued on Thursday, Benzinga reports.
VMRK has been the topic of a number of other research reports. Evercore started coverage on shares of Vivmark Residential Common Shares of Beneficial Interest in a report on Tuesday, August 18th. They set an “in-line” rating and a $72.00 price target on the stock. Morgan Stanley assumed coverage on shares of Vivmark Residential Common Shares of Beneficial Interest in a research report on Tuesday, August 25th. They set an “overweight” rating and a $75.00 price objective on the stock. Stifel Nicolaus cut their target price on shares of Vivmark Residential Common Shares of Beneficial Interest from $79.00 to $78.50 and set a “buy” rating on the stock in a research note on Wednesday, August 19th. Cantor Fitzgerald restated a “neutral” rating and issued a $70.00 target price on shares of Vivmark Residential Common Shares of Beneficial Interest in a report on Tuesday, August 25th. Finally, BMO Capital Markets decreased their target price 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 report on Monday, August 24th. Five equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, Vivmark Residential Common Shares of Beneficial Interest has an average rating of “Hold” and a consensus price target of $73.95.
Check Out Our Latest Report on Vivmark Residential Common Shares of Beneficial Interest
Vivmark Residential Common Shares of Beneficial Interest Price Performance
Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK – Get Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The company reported $0.30 EPS for the quarter. Vivmark Residential Common Shares of Beneficial Interest had a net margin of 27.97% and a return on equity of 8.06%. The company had revenue of $785.05 million during the quarter. On average, equities research analysts anticipate that Vivmark Residential Common Shares of Beneficial Interest will post 4.07 earnings per share for the current year.
Insiders Place Their Bets
In related news, EVP Edward M. Schulman sold 16,595 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $64.29, for a total transaction of $1,066,892.55. Following the transaction, the executive vice president directly owned 48,776 shares of the company’s stock, valued at approximately $3,135,809.04. The trade was a 25.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Christopher B. Howard sold 8,486 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $64.00, for a total transaction of $543,104.00. Following the completion of the transaction, the director owned 12,730 shares in the company, valued at approximately $814,720. This represents a 40.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 58,286 shares of company stock valued at $3,735,822 over the last ninety days. Insiders own 1.20% of the company’s stock.
Institutional Investors Weigh In On Vivmark Residential Common Shares of Beneficial Interest
A hedge fund recently bought a new position in Vivmark Residential Common Shares of Beneficial Interest stock. Syon Capital LLC purchased a new stake in shares of Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK – Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 5,206 shares of the company’s stock, valued at approximately $354,000. 92.68% of the stock is currently owned by institutional investors.
Vivmark Residential Common Shares of Beneficial Interest Company Profile
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.
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