Corporacion Inmobiliaria Vesta, S.A.B. de C.V. Sponsored ADR (NYSE:VTMX – Get Free Report) insider Romero Pucheu sold 57,650 shares of the stock in a transaction that occurred on Friday, October 30th. The stock was sold at an average price of $3.63, for a total value of $209,269.50. Following the transaction, the insider owned 354,637 shares in the company, valued at $1,287,332.31. This represents a 13.98% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
Romero Alejandro Pucheu also recently made the following trade(s):
- On Tuesday, November 3rd, Romero Pucheu sold 52,350 shares of Corporacion Inmobiliaria Vesta stock. The stock was sold at an average price of $3.64, for a total transaction of $190,554.00.
Corporacion Inmobiliaria Vesta Stock Down 0.5%
VTMX opened at $36.13 on Wednesday. The company has a market cap of $3.48 billion, a PE ratio of 6.58, a price-to-earnings-growth ratio of 3.63 and a beta of 0.59. Corporacion Inmobiliaria Vesta, S.A.B. de C.V. Sponsored ADR has a twelve month low of $29.45 and a twelve month high of $38.29. The company has a 50-day moving average price of $34.33 and a 200 day moving average price of $34.13. The company has a quick ratio of 3.46, a current ratio of 3.46 and a debt-to-equity ratio of 0.33.
Corporacion Inmobiliaria Vesta (NYSE:VTMX – Get Free Report) last announced its quarterly earnings data on Thursday, October 22nd. The company reported $1.18 earnings per share for the quarter, beating analysts’ consensus estimates of $0.46 by $0.72. The company had revenue of $79.56 million for the quarter, compared to analyst estimates of $79.15 million. Corporacion Inmobiliaria Vesta had a return on equity of 16.24% and a net margin of 156.69%. Sell-side analysts expect that Corporacion Inmobiliaria Vesta, S.A.B. de C.V. Sponsored ADR will post 3.00 earnings per share for the current fiscal year.
Corporacion Inmobiliaria Vesta Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Thursday, October 22nd. Stockholders of record on Wednesday, October 14th were issued a dividend of $0.1999 per share. The ex-dividend date was Wednesday, October 14th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.2%. Corporacion Inmobiliaria Vesta’s dividend payout ratio (DPR) is currently 12.20%.
More Corporacion Inmobiliaria Vesta News
Here are the key news stories impacting Corporacion Inmobiliaria Vesta this week:
- Positive Sentiment: Vesta’s latest reported quarter was stronger than expected: EPS was $1.18 versus analysts’ $0.46 estimate, and revenue also edged past expectations. Vesta company and earnings information
- Neutral Sentiment: Analyst opinions remain mixed, with two Buy and three Hold ratings and an average price target of $42. Vesta analyst and company information
- Negative Sentiment: CEO Lorenzo Berho sold 250,000 shares, reducing his stake by 7.18%. Insider Romero Pucheu also reported sales of 57,650 shares and a further 52,350 shares, while Diego Berho Carranza sold 3,814 shares. The cluster of sales—particularly the CEO’s transaction—could weigh on sentiment, although the reports provide no indication that the sales reflect a change in the company’s outlook. Report on CEO share sale Report on insider share sales
Wall Street Analyst Weigh In
Separately, Weiss Ratings raised Corporacion Inmobiliaria Vesta from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, October 26th. Two equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $42.00.
Check Out Our Latest Stock Report on VTMX
About Corporacion Inmobiliaria Vesta
Corporación Inmobiliaria Vesta, SAB. de C.V., commonly known as Vesta, is a Mexican industrial real estate company focused on the development, acquisition, ownership, leasing and management of industrial properties. Its portfolio is designed to support manufacturing, logistics, distribution and other business operations.
Vesta provides industrial buildings, build-to-suit facilities and logistics-oriented properties for domestic and international companies. The company’s properties are located in major industrial markets across Mexico, including regions serving automotive, aerospace, electronics, logistics and other manufacturing activities.
Vesta was established in Mexico in 1998 and has expanded its platform alongside the country’s manufacturing and nearshoring industries.
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