Vivmark Residential Common Shares of Beneficial Interest’s (VMRK) “Neutral” Rating Reiterated at BTIG Research

BTIG Research reaffirmed their neutral rating on shares of Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) in a research note issued to investors on Thursday,Benzinga reports.

Other analysts also recently issued research reports about the stock. Piper Sandler upped their price target 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. UBS Group assumed coverage on shares of Vivmark Residential Common Shares of Beneficial Interest in a research note on Tuesday, September 15th. They issued a “buy” rating and a $75.00 price objective on the stock. Weiss Ratings began coverage on shares of Vivmark Residential Common Shares of Beneficial Interest in a research report on Wednesday, August 19th. They set a “hold (c)” rating for the company. Cantor Fitzgerald restated a “neutral” rating and set a $70.00 target price on shares of Vivmark Residential Common Shares of Beneficial Interest in a research note on Tuesday, August 25th. Finally, Mizuho raised Vivmark Residential Common Shares of Beneficial Interest from a “neutral” rating to an “outperform” rating and raised their target price for the company from $70.00 to $73.00 in a report on Tuesday, September 8th. Five investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $73.29.

Vivmark Residential Common Shares of Beneficial Interest Stock Down 2.9%

VMRK stock opened at $61.21 on Thursday. The stock has a market capitalization of $22.95 billion, a P/E ratio of 26.61, a P/E/G ratio of 3.36 and a beta of 0.73. Vivmark Residential Common Shares of Beneficial Interest has a 52 week low of $57.57 and a 52 week high of $71.50. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.19 and a quick ratio of 0.19.

Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) last posted its quarterly earnings data on Wednesday, July 22nd. The company reported $0.30 earnings per share for the quarter. The business had revenue of $785.05 million during the quarter. Vivmark Residential Common Shares of Beneficial Interest had a net margin of 27.97% and a return on equity of 8.06%. As a group, research analysts forecast that Vivmark Residential Common Shares of Beneficial Interest will post 4.07 EPS for the current fiscal year.

Insider Activity at Vivmark Residential Common Shares of Beneficial Interest

In other Vivmark Residential Common Shares of Beneficial Interest news, EVP Edward M. Schulman sold 16,595 shares of the firm’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 value of $1,066,892.55. Following the sale, the executive vice president owned 48,776 shares in the company, valued at $3,135,809.04. This trade represents a 25.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Charles E. Mueller, Jr. sold 8,000 shares of the company’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $63.90, for a total transaction of $511,200.00. Following the transaction, the director owned 16,084 shares of the company’s stock, valued at $1,027,767.60. This trade represents a 33.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 58,286 shares of company stock worth $3,735,822 in 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 stake in Vivmark Residential Common Shares of Beneficial Interest stock. Syon Capital LLC acquired a new position in shares of Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 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.

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.