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

Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) Director Chris Carr sold 1,130 shares of the company’s stock in a transaction that occurred on Wednesday, September 9th. The stock was sold at an average price of $65.28, for a total value of $73,766.40. Following the transaction, the director directly owned 4,461 shares in the company, valued at approximately $291,214.08. This trade represents a 20.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Vivmark Residential Common Shares of Beneficial Interest Trading Up 0.8%

Shares of NYSE:VMRK opened at $65.52 on Friday. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.19 and a current ratio of 0.19. 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 market capitalization of $24.57 billion, a price-to-earnings ratio of 28.49, a PEG ratio of 3.57 and a beta of 0.73.

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

Analyst Upgrades and Downgrades

VMRK has been the subject of a number of recent research reports. Barclays decreased their price target on shares of Vivmark Residential Common Shares of Beneficial Interest from $76.00 to $75.00 and set an “equal weight” rating for the company in a research note on Wednesday, September 2nd. BMO Capital Markets reduced their price objective on shares of Vivmark Residential Common Shares of Beneficial Interest from $75.00 to $74.00 and set a “market perform” rating for the company in a report on Monday, August 24th. Stifel Nicolaus reduced their price objective on shares of 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, August 19th. Evercore initiated coverage on shares of Vivmark Residential Common Shares of Beneficial Interest in a research report on Tuesday, August 18th. They set an “in-line” rating and a $72.00 target price for the company. Finally, Mizuho upgraded shares of Vivmark Residential Common Shares of Beneficial Interest from a “neutral” rating to an “outperform” rating and upped their target price for the stock from $70.00 to $73.00 in a report on Tuesday. Four investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $73.85.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Vivmark Residential Common Shares of Beneficial Interest stock. Syon Capital LLC purchased a new stake in Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor 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.

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.