Insider Selling: Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) CAO Sells $16,080.00 in Stock

Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) CAO Sean Thomas Willson sold 250 shares of Vivmark Residential Common Shares of Beneficial Interest stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $64.32, for a total transaction of $16,080.00. Following the completion of the transaction, the chief accounting officer owned 18,288 shares of the company’s stock, valued at $1,176,284.16. This trade represents a 1.35% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Vivmark Residential Common Shares of Beneficial Interest Price Performance

Shares of VMRK opened at $66.84 on Friday. The company has a market capitalization of $25.06 billion, a PE ratio of 16.04, a price-to-earnings-growth ratio of 5.48 and a beta of 0.73. 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 debt-to-equity ratio of 0.77, a quick ratio of 0.19 and a current ratio of 0.19.

Institutional Trading of 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 purchased a new position in Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm purchased 5,206 shares of the company’s stock, valued at approximately $354,000. Hedge funds and other institutional investors own 92.68% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have commented on the company. Weiss Ratings initiated coverage on Vivmark Residential Common Shares of Beneficial Interest in a research note on Wednesday. They issued a “hold (c)” rating on the stock. Evercore initiated coverage on Vivmark Residential Common Shares of Beneficial Interest in a research note on Tuesday. They issued an “in-line” rating and a $72.00 target price for the company. Stifel Nicolaus cut their price target on Vivmark Residential Common Shares of Beneficial Interest from $79.00 to $78.50 and set a “buy” rating for the company in a report on Wednesday. Finally, Wells Fargo & Company initiated coverage on shares of Vivmark Residential Common Shares of Beneficial Interest in a research report on Friday. They set an “overweight” rating and a $72.00 price target on the stock. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Vivmark Residential Common Shares of Beneficial Interest currently has an average rating of “Moderate Buy” and an average target price of $74.17.

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.