Fort Washington Investment Advisors Inc. OH Purchases 638,739 Shares of Vivmark Residential Common Shares of Beneficial Interest $VMRK

Fort Washington Investment Advisors Inc. OH purchased a new position in shares of Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 638,739 shares of the company’s stock, valued at approximately $38,810,000.

Other institutional investors have also modified their holdings of the company. Planning Strategies Inc. increased its holdings in shares of Vivmark Residential Common Shares of Beneficial Interest by 87.5% in the 3rd quarter. Planning Strategies Inc. now owns 538 shares of the company’s stock worth $33,000 after acquiring an additional 251 shares during the period. Rosenberg Matthew Hamilton grew its position in Vivmark Residential Common Shares of Beneficial Interest by 47.8% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 1,301 shares of the company’s stock worth $79,000 after purchasing an additional 421 shares during the last quarter. Mather Group LLC. acquired a new stake in shares of Vivmark Residential Common Shares of Beneficial Interest in the third quarter valued at approximately $33,000. First Financial Corp IN acquired a new stake in shares of Vivmark Residential Common Shares of Beneficial Interest in the third quarter valued at approximately $42,000. Finally, American National Bank & Trust acquired a new stake in shares of Vivmark Residential Common Shares of Beneficial Interest in the third quarter valued at approximately $69,000. Institutional investors own 92.68% of the company’s stock.

Vivmark Residential Common Shares of Beneficial Interest Stock Performance

Vivmark Residential Common Shares of Beneficial Interest stock opened at $60.80 on Thursday. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.19 and a current ratio of 0.19. The firm has a market capitalization of $22.80 billion, a price-to-earnings ratio of 26.43, a price-to-earnings-growth ratio of 3.55 and a beta of 0.74. Vivmark Residential Common Shares of Beneficial Interest has a 1 year low of $57.57 and a 1 year high of $71.50. The business has a 50 day simple moving average of $63.37.

Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) last announced its earnings results on Wednesday, July 22nd. The company reported $0.30 earnings per share (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. As a group, equities analysts predict that Vivmark Residential Common Shares of Beneficial Interest will post 4.07 EPS for the current fiscal year.

Vivmark Residential Common Shares of Beneficial Interest Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Monday, October 5th will be issued a dividend of $0.7025 per share. The ex-dividend date is Monday, October 5th. This represents a $2.81 dividend on an annualized basis and a dividend yield of 4.6%. Vivmark Residential Common Shares of Beneficial Interest’s payout ratio is 122.17%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on VMRK shares. UBS Group reduced their price objective on Vivmark Residential Common Shares of Beneficial Interest from $75.00 to $71.00 and set a “buy” rating for the company in a research report on Wednesday. Royal Bank Of Canada reduced their price objective on shares of Vivmark Residential Common Shares of Beneficial Interest from $71.00 to $67.00 and set a “sector perform” rating for the company in a report on Tuesday. Scotiabank decreased their target price on shares of Vivmark Residential Common Shares of Beneficial Interest from $70.00 to $66.00 and set a “sector perform” rating for the company in a research report on Thursday, September 17th. BTIG Research reiterated a “neutral” rating on shares of Vivmark Residential Common Shares of Beneficial Interest in a research report on Thursday, September 17th. Finally, BMO Capital Markets lowered their target price on shares of Vivmark Residential Common Shares of Beneficial Interest from $75.00 to $74.00 and set a “market perform” rating on the stock in a research note on Monday, August 24th. Five research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $71.73.

Insider Activity at Vivmark Residential Common Shares of Beneficial Interest

In other news, Director Charles E. Mueller, Jr. sold 8,000 shares of the stock in a transaction that occurred on Tuesday, August 18th. The stock was 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 of the company’s stock, valued at approximately $1,027,767.60. This represents a 33.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Edward M. Schulman sold 16,595 shares of the firm’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $64.29, for a total transaction of $1,066,892.55. Following the completion of the sale, the executive vice president owned 48,776 shares in the company, valued at approximately $3,135,809.04. The trade was a 25.39% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 58,286 shares of company stock valued at $3,735,822. 1.20% of the stock is owned by corporate insiders.

About Vivmark Residential Common Shares of Beneficial Interest

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.