Corporacion Inmobiliaria Vesta, S.A.B. de C.V. Sponsored ADR (NYSE:VTMX – Get Free Report) insider Diego Berho Carranza sold 30,000 shares of the stock in a transaction on Thursday, November 5th. The stock was sold at an average price of $3.70, for a total value of $111,000.00. Following the completion of the transaction, the insider owned 1,606,661 shares of the company’s stock, valued at approximately $5,944,645.70. This trade represents a 1.83% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Carranza Diego Berho also recently made the following trade(s):
- On Friday, November 6th, Diego Berho Carranza sold 23,911 shares of Corporacion Inmobiliaria Vesta stock. The shares were sold at an average price of $3.75, for a total transaction of $89,666.25.
- On Wednesday, November 4th, Diego Berho Carranza sold 45,000 shares of Corporacion Inmobiliaria Vesta stock. The shares were sold at an average price of $3.73, for a total transaction of $167,850.00.
- On Tuesday, November 3rd, Diego Berho Carranza sold 30,000 shares of Corporacion Inmobiliaria Vesta stock. The stock was sold at an average price of $3.64, for a total transaction of $109,200.00.
- On Friday, October 30th, Diego Berho Carranza sold 3,814 shares of Corporacion Inmobiliaria Vesta stock. The stock was sold at an average price of $3.65, for a total transaction of $13,921.10.
- On Friday, September 4th, Diego Berho Carranza sold 6,219 shares of Corporacion Inmobiliaria Vesta stock. The stock was sold at an average price of $3.48, for a total transaction of $21,642.12.
Corporacion Inmobiliaria Vesta Trading Down 0.7%
Shares of NYSE VTMX opened at $38.06 on Wednesday. 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 $38.50. The stock has a market cap of $3.66 billion, a P/E ratio of 6.94, a price-to-earnings-growth ratio of 3.83 and a beta of 0.59. The firm has a 50-day moving average of $34.63 and a 200 day moving average of $34.26. The company has a debt-to-equity ratio of 0.33, a current ratio of 3.46 and a quick ratio of 3.46.
Corporacion Inmobiliaria Vesta (NYSE:VTMX – Get Free Report) last posted its quarterly earnings data on Thursday, October 22nd. The company reported $1.18 EPS for the quarter, topping the consensus estimate of $0.46 by $0.72. The business had revenue of $79.56 million for the quarter, compared to analyst estimates of $79.15 million. Corporacion Inmobiliaria Vesta had a net margin of 156.69% and a return on equity of 16.24%. As a group, sell-side analysts expect that Corporacion Inmobiliaria Vesta, S.A.B. de C.V. Sponsored ADR will post 3.00 EPS for the current fiscal year.
Corporacion Inmobiliaria Vesta Dividend Announcement
The firm also recently announced 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 dividend payout ratio (DPR) is presently 12.20%.
Trending Headlines about Corporacion Inmobiliaria Vesta
Here are the key news stories impacting Corporacion Inmobiliaria Vesta this week:
- Negative Sentiment: CEO Lorenzo Berho and other insiders reported selling a combined 373,911 shares in recent transactions. Berho accounted for 200,000 shares, while insider Romero Pucheu sold 120,000 shares—about 40% of his reported position—and Diego Berho Carranza sold 53,911 shares. The volume of insider selling could raise concerns about near-term selling pressure, although Berho retained a substantial stake. Insider sale report
Analyst Upgrades and Downgrades
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 analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $42.00.
View Our Latest Stock Report on VTMX
Corporacion Inmobiliaria Vesta Company Profile
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
- Why Kinder Morgan’s Chairman Just Bought $15 Million in Stock
- Rocket Lab’s Record Backlog Could Fuel a Rebound, But Neutron Raises the Stakes
- Don’t Let Their Low Yields Fool You: 3 Dividend Stocks Worth Watching
- A $4 Billion Jolt: NRG Energy Powers Data Center Ambitions
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.
