Yousif Capital Management LLC Purchases 111,396 Shares of Vivmark Residential Common Shares of Beneficial Interest $VMRK

Yousif Capital Management LLC acquired a new stake in Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) in the 3rd quarter, Holdings Channel.com reports. The institutional investor acquired 111,396 shares of the company’s stock, valued at approximately $6,768,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in VMRK. Planning Strategies Inc. grew its holdings in Vivmark Residential Common Shares of Beneficial Interest by 87.5% during the 3rd quarter. Planning Strategies Inc. now owns 538 shares of the company’s stock worth $33,000 after acquiring an additional 251 shares in the last quarter. Rosenberg Matthew Hamilton increased its position in Vivmark Residential Common Shares of Beneficial Interest by 47.8% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 1,301 shares of the company’s stock valued at $79,000 after purchasing an additional 421 shares during the period. Physician Wealth Advisors Inc. bought a new stake in shares of Vivmark Residential Common Shares of Beneficial Interest in the 3rd quarter valued at about $27,000. Mather Group LLC. bought a new stake in shares of Vivmark Residential Common Shares of Beneficial Interest in the 3rd quarter valued at about $33,000. Finally, IFP Advisors Inc bought a new stake in shares of Vivmark Residential Common Shares of Beneficial Interest in the 3rd quarter valued at about $38,000. 92.68% of the stock is currently owned by institutional investors.

Insider Activity

In other Vivmark Residential Common Shares of Beneficial Interest news, Director Charles E. Mueller, Jr. sold 8,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $63.90, for a total value of $511,200.00. Following the completion of the sale, the director directly owned 16,084 shares in the company, valued at $1,027,767.60. This trade represents a 33.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Susan Swanezy sold 15,700 shares of the firm’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $63.80, for a total transaction of $1,001,660.00. Following the completion of the sale, the director owned 28,934 shares of the company’s stock, valued at approximately $1,845,989.20. This trade represents a 35.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 58,286 shares of company stock worth $3,735,822 over the last 90 days. 1.20% of the stock is currently owned by insiders.

Vivmark Residential Common Shares of Beneficial Interest Price Performance

VMRK opened at $63.03 on Monday. The company has a 50-day moving average of $63.16. Vivmark Residential Common Shares of Beneficial Interest has a 1 year low of $57.57 and a 1 year 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. The stock has a market capitalization of $23.63 billion, a price-to-earnings ratio of 27.41, a PEG ratio of 3.65 and a beta of 0.74.

Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) last announced its earnings results on Wednesday, July 22nd. The company reported $0.30 EPS 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, sell-side analysts expect that Vivmark Residential Common Shares of Beneficial Interest will post 4.07 EPS for the current year.

Vivmark Residential Common Shares of Beneficial Interest Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Monday, October 5th were given a $0.7025 dividend. The ex-dividend date of this dividend was Monday, October 5th. This represents a $2.81 dividend on an annualized basis and a dividend yield of 4.5%. Vivmark Residential Common Shares of Beneficial Interest’s payout ratio is presently 122.17%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on VMRK shares. Wells Fargo & Company lowered their price target on shares of Vivmark Residential Common Shares of Beneficial Interest from $72.00 to $68.00 and set an “overweight” rating for the company in a research report on Monday, October 19th. Barclays cut their price objective on shares of Vivmark Residential Common Shares of Beneficial Interest from $75.00 to $74.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 14th. 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 research note on Wednesday, August 19th. BTIG Research restated a “neutral” rating on shares of Vivmark Residential Common Shares of Beneficial Interest in a report on Thursday, September 17th. Finally, Weiss Ratings initiated coverage on Vivmark Residential Common Shares of Beneficial Interest in a research report on Wednesday, August 19th. They set a “hold (c)” rating on the stock. Five research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat.com, Vivmark Residential Common Shares of Beneficial Interest has a consensus rating of “Hold” and a consensus target price of $71.42.

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.