Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) Director Chris Carr Sells 1,130 Shares

Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRKGet Free Report) Director Chris Carr sold 1,130 shares of the stock in a transaction dated Wednesday, September 9th. The stock was sold at an average price of $65.28, for a total transaction of $73,766.40. Following the sale, the director owned 4,461 shares of the company’s stock, valued at $291,214.08. This trade represents a 20.21% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Vivmark Residential Common Shares of Beneficial Interest Trading Up 0.8%

VMRK stock traded up $0.50 during trading on Friday, hitting $65.52. 6,724,558 shares of the stock traded hands, compared to its average volume of 3,264,781. Vivmark Residential Common Shares of Beneficial Interest has a one year low of $57.57 and a one year high of $71.50. The company has a market capitalization of $24.57 billion, a P/E ratio of 28.49, a P/E/G ratio of 3.56 and a beta of 0.73. The company has a quick ratio of 0.19, a current ratio of 0.19 and a debt-to-equity ratio of 0.77.

Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRKGet Free Report) last issued its quarterly earnings data on Wednesday, July 22nd. The company reported $0.30 earnings per share for the quarter. The firm had revenue of $785.05 million 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%. Research analysts forecast that Vivmark Residential Common Shares of Beneficial Interest will post 4.07 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have issued reports on the company. Cantor Fitzgerald reiterated a “neutral” rating and issued a $70.00 price objective on shares of Vivmark Residential Common Shares of Beneficial Interest in a research report on Tuesday, August 25th. 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 on the stock in a report on Monday, August 24th. Barclays cut their price target on Vivmark Residential Common Shares of Beneficial Interest from $76.00 to $75.00 and set an “equal weight” rating for the company in a report on Wednesday, September 2nd. Mizuho upgraded shares of Vivmark Residential Common Shares of Beneficial Interest from a “neutral” rating to an “outperform” rating and upped their price target for the stock from $70.00 to $73.00 in a research report on Tuesday. Finally, Piper Sandler increased their price objective on shares of Vivmark Residential Common Shares of Beneficial Interest from $75.00 to $76.00 and gave the stock a “neutral” rating in a report on Wednesday, August 26th. Four analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, Vivmark Residential Common Shares of Beneficial Interest has a consensus rating of “Hold” and a consensus target price of $73.85.

Get Our Latest Analysis on Vivmark Residential Common Shares of Beneficial Interest

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Vivmark Residential Common Shares of Beneficial Interest stock. Syon Capital LLC bought a new stake in Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRKFree Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 5,206 shares of the company’s stock, valued at approximately $354,000. Institutional investors and hedge funds own 92.68% of the company’s stock.

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.

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Insider Buying and Selling by Quarter for Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK)

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