Corporacion Inmobiliaria Vesta, S.A.B. de C.V. Sponsored ADR (NYSE:VTMX – Get Free Report) CEO Lorenzo Berho sold 4,128 shares of the stock in a transaction that occurred on Wednesday, November 4th. The stock was sold at an average price of $3.71, for a total transaction of $15,314.88. Following the completion of the sale, the chief executive officer owned 3,229,071 shares of the company’s stock, valued at approximately $11,979,853.41. The trade was a 0.13% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Carranza Lorenzo Dominiq Berho also recently made the following trade(s):
- On Monday, November 9th, Lorenzo Berho sold 150,000 shares of Corporacion Inmobiliaria Vesta stock. The shares were sold at an average price of $3.81, for a total transaction of $571,500.00.
- On Friday, November 6th, Lorenzo Berho sold 39,831 shares of Corporacion Inmobiliaria Vesta stock. The shares were sold at an average price of $3.72, for a total transaction of $148,171.32.
- On Friday, October 30th, Lorenzo Berho sold 250,000 shares of Corporacion Inmobiliaria Vesta stock. The shares were sold at an average price of $3.62, for a total transaction of $905,000.00.
- On Thursday, October 29th, Lorenzo Berho sold 350,000 shares of Corporacion Inmobiliaria Vesta stock. The stock was sold at an average price of $3.65, for a total transaction of $1,277,500.00.
- On Friday, August 21st, Lorenzo Berho sold 60,000 shares of Corporacion Inmobiliaria Vesta stock. The stock was sold at an average price of $3.58, for a total value of $214,800.00.
Corporacion Inmobiliaria Vesta Price Performance
Shares of NYSE:VTMX opened at $37.87 on Thursday. The firm has a market cap of $3.64 billion, a price-to-earnings ratio of 6.90, a P/E/G ratio of 3.80 and a beta of 0.59. Corporacion Inmobiliaria Vesta, S.A.B. de C.V. Sponsored ADR has a 1 year low of $29.63 and a 1 year high of $38.59. The company has a current ratio of 3.46, a quick ratio of 3.46 and a debt-to-equity ratio of 0.33. The business has a fifty day simple moving average of $34.70 and a 200 day simple moving average of $34.29.
Corporacion Inmobiliaria Vesta (NYSE:VTMX – Get Free Report) last issued its earnings results on Thursday, October 22nd. The company reported $1.18 EPS for the quarter, beating analysts’ consensus estimates of $0.46 by $0.72. Corporacion Inmobiliaria Vesta had a return on equity of 16.24% and a net margin of 156.69%. The firm had revenue of $79.56 million for the quarter, compared to the consensus estimate of $79.15 million. As a group, sell-side analysts predict 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. This represents a $0.80 annualized dividend and a dividend yield of 2.1%. The ex-dividend date was Wednesday, October 14th. Corporacion Inmobiliaria Vesta’s payout ratio is currently 12.20%.
Analyst Ratings Changes
Separately, Weiss Ratings raised Corporacion Inmobiliaria Vesta from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, October 26th. Two equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $42.00.
Read Our Latest Analysis on Corporacion Inmobiliaria Vesta
About Corporacion Inmobiliaria Vesta
Corporación Inmobiliaria Vesta, S.A.B. de C.V., known as Vesta, is a Mexican real estate company that develops, owns and leases industrial properties. Its portfolio includes industrial parks, manufacturing facilities and logistics properties such as warehouses and distribution centers. The company serves businesses seeking space for manufacturing, storage and distribution, including through facilities developed to meet tenants’ specific requirements. Vesta operates in industrial markets across Mexico.
Featured Articles
- Five stocks we like better than Corporacion Inmobiliaria Vesta
- Keeping AI Cool: AAON Rides the AI Heatwave to Record Growth
- AST SpaceMobile Has a New Rocket Plan, But Its Cash-Burn Problem Isn’t Going Away
- Powering Up the Moon: Redwire’s $40 Million NASA Award
- Can Constellation Energy’s Contracts Power a Stock Rebound?
Receive News & Ratings for Corporacion Inmobiliaria Vesta Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Corporacion Inmobiliaria Vesta and related companies with MarketBeat.com's FREE daily email newsletter.
