Castillo Cacho Guillermo Del Sells 10,000 Shares of Corporacion Inmobiliaria Vesta (NYSE:VTMX) Stock

Corporacion Inmobiliaria Vesta, S.A.B. de C.V. Sponsored ADR (NYSE:VTMX) insider Castillo Cacho Guillermo Del sold 10,000 shares of the firm’s stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $3.48, for a total value of $34,800.00. Following the sale, the insider directly owned 5,000 shares of the company’s stock, valued at $17,400. This represents a 66.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Castillo Cacho Guillermo Del also recently made the following trade(s):

• On Tuesday, August 4th, Castillo Cacho Guillermo Del sold 2,413 shares of Corporacion Inmobiliaria Vesta stock. The shares were sold at an average price of $3.44, for a total value of $8,300.72.
• On Thursday, July 30th, Castillo Cacho Guillermo Del sold 1,675 shares of Corporacion Inmobiliaria Vesta stock. The stock was sold at an average price of $3.41, for a total value of $5,711.75.
• On Friday, June 26th, Castillo Cacho Guillermo Del sold 3,400 shares of Corporacion Inmobiliaria Vesta stock. The stock was sold at an average price of $3.37, for a total value of $11,458.00.
• On Tuesday, June 23rd, Castillo Cacho Guillermo Del sold 3,400 shares of Corporacion Inmobiliaria Vesta stock. The shares were sold at an average price of $3.37, for a total value of $11,458.00.
• On Friday, May 22nd, Castillo Cacho Guillermo Del sold 8,500 shares of Corporacion Inmobiliaria Vesta stock. The shares were sold at an average price of $3.41, for a total value of $28,985.00.

Corporacion Inmobiliaria Vesta Stock Up 0.3%

Shares of NYSE VTMX opened at $33.94 on Friday. Corporacion Inmobiliaria Vesta, S.A.B. de C.V. Sponsored ADR has a 12-month low of $25.59 and a 12-month high of $37.41. The firm’s 50-day simple moving average is $34.13 and its 200 day simple moving average is $34.12. The company has a quick ratio of 4.26, a current ratio of 4.26 and a debt-to-equity ratio of 0.37. The company has a market cap of $2.87 billion, a price-to-earnings ratio of 7.38, a price-to-earnings-growth ratio of 3.61 and a beta of 0.64.

Corporacion Inmobiliaria Vesta (NYSE:VTMX) last posted its quarterly earnings data on Wednesday, July 1st. The company reported $1.09 earnings per share for the quarter. Corporacion Inmobiliaria Vesta had a net margin of 132.22% and a return on equity of 14.20%. The firm had revenue of $78.50 million during the quarter. On average, research analysts expect that Corporacion Inmobiliaria Vesta, S.A.B. de C.V. Sponsored ADR will post 2.82 earnings per share for the current fiscal year.

Corporacion Inmobiliaria Vesta Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 22nd. Investors of record on Tuesday, July 14th were given a $0.1999 dividend. This represents a $0.80 annualized dividend and a yield of 2.4%. The ex-dividend date was Tuesday, July 14th. Corporacion Inmobiliaria Vesta’s payout ratio is 14.78%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on VTMX. Barclays lifted their target price on Corporacion Inmobiliaria Vesta from $40.00 to $41.00 and gave the company an “overweight” rating in a research note on Monday, May 4th. Wall Street Zen cut Corporacion Inmobiliaria Vesta from a “buy” rating to a “hold” rating in a report on Saturday, June 20th. Weiss Ratings reiterated a “hold (c)” rating on shares of Corporacion Inmobiliaria Vesta in a research report on Friday, May 22nd. UBS Group boosted their price objective on Corporacion Inmobiliaria Vesta from $39.00 to $43.00 and gave the stock a “buy” rating in a report on Thursday, June 18th. Finally, Zacks Research downgraded shares of Corporacion Inmobiliaria Vesta from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 6th. Two investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $42.00.

Institutional Trading of Corporacion Inmobiliaria Vesta

Several institutional investors and hedge funds have recently made changes to their positions in VTMX. BNP Paribas Financial Markets lifted its stake in shares of Corporacion Inmobiliaria Vesta by 38.1% in the 2nd quarter. BNP Paribas Financial Markets now owns 37,116 shares of the company’s stock valued at $1,017,000 after purchasing an additional 10,236 shares during the period. ABC Arbitrage SA grew its stake in shares of Corporacion Inmobiliaria Vesta by 148.8% during the fourth quarter. ABC Arbitrage SA now owns 144,358 shares of the company’s stock worth $4,401,000 after purchasing an additional 86,328 shares during the period. Finally, Lazard Asset Management LLC increased its holdings in Corporacion Inmobiliaria Vesta by 6.6% in the second quarter. Lazard Asset Management LLC now owns 321,442 shares of the company’s stock valued at $8,803,000 after purchasing an additional 19,967 shares during the last quarter. Institutional investors own 6.61% of the company’s stock.

About Corporacion Inmobiliaria Vesta

Corporación Inmobiliaria Vesta, trading as VTMX on the New York Stock Exchange, is a Mexico-based real estate investment trust (REIT) specializing in the development, acquisition and management of industrial properties. The company’s portfolio primarily consists of warehouses, distribution centers and manufacturing facilities tailored to multinational corporations, logistics operators and other businesses seeking modern, well-connected industrial space in Mexico.

Vesta’s core business activities include the design and construction of build-to-suit projects, the leasing of speculative and multi-tenant properties, and sale-leaseback transactions that convert existing facilities into long-term lease arrangements.