Corporacion Inmobiliaria Vesta (NYSE:VTMX) CEO Carranza Lorenzo Dominiq Berho Sells 6,041 Shares of Stock

Corporacion Inmobiliaria Vesta, S.A.B. de C.V. Sponsored ADR (NYSE:VTMX) CEO Lorenzo Berho sold 6,041 shares of the stock in a transaction that occurred on Wednesday, November 5th. The stock was sold at an average price of $3.71, for a total transaction of $22,412.11. Following the sale, the chief executive officer directly owned 3,223,030 shares of the company’s stock, valued at approximately $11,957,441.30. This trade represents a 0.19% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Carranza Lorenzo Dominiq Berho also recently made the following trade(s):

• On Monday, November 9th, Lorenzo Berho sold 150,000 shares of Corporacion Inmobiliaria Vesta stock. The shares were sold at an average price of $3.81, for a total transaction of $571,500.00.
• On Friday, November 6th, Lorenzo Berho sold 39,831 shares of Corporacion Inmobiliaria Vesta stock. The shares were sold at an average price of $3.72, for a total transaction of $148,171.32.
• On Wednesday, November 4th, Lorenzo Berho sold 4,128 shares of Corporacion Inmobiliaria Vesta stock. The stock was sold at an average price of $3.71, for a total transaction of $15,314.88.
• On Friday, October 30th, Lorenzo Berho sold 250,000 shares of Corporacion Inmobiliaria Vesta stock. The stock was sold at an average price of $3.62, for a total transaction of $905,000.00.
• On Thursday, October 29th, Lorenzo Berho sold 350,000 shares of Corporacion Inmobiliaria Vesta stock. The stock was sold at an average price of $3.65, for a total transaction of $1,277,500.00.
• On Friday, August 21st, Lorenzo Berho sold 60,000 shares of Corporacion Inmobiliaria Vesta stock. The shares were sold at an average price of $3.58, for a total transaction of $214,800.00.

Corporacion Inmobiliaria Vesta Stock Performance

NYSE:VTMX opened at $38.30 on Tuesday. The company has a current ratio of 3.46, a quick ratio of 3.46 and a debt-to-equity ratio of 0.33. The firm has a market capitalization of $3.69 billion, a price-to-earnings ratio of 6.98, a PEG ratio of 3.70 and a beta of 0.59. The firm’s fifty day simple moving average is $34.56 and its 200 day simple moving average is $34.23. Corporacion Inmobiliaria Vesta, S.A.B. de C.V. Sponsored ADR has a twelve month low of $29.63 and a twelve month high of $38.50.

Corporacion Inmobiliaria Vesta (NYSE:VTMX) last announced its quarterly earnings results on Thursday, October 22nd. The company reported $1.18 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.72. Corporacion Inmobiliaria Vesta had a net margin of 156.69% and a return on equity of 16.24%. The firm had revenue of $79.56 million during the quarter, compared to analysts’ expectations of $79.15 million. As a group, equities research analysts expect that Corporacion Inmobiliaria Vesta, S.A.B. de C.V. Sponsored ADR will post 3.00 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 Thursday, October 22nd. Shareholders of record on Wednesday, October 14th were paid a dividend of $0.1999 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date was Wednesday, October 14th. Corporacion Inmobiliaria Vesta’s payout ratio is currently 12.20%.

More Corporacion Inmobiliaria Vesta News

Here are the key news stories impacting Corporacion Inmobiliaria Vesta this week:

• Negative Sentiment: CEO Lorenzo Berho sold a combined 200,000 shares across four transactions, worth about $757,000 at the reported prices. Insider Romero Pucheu sold 120,000 shares—39.7% of his reported position—and Diego Berho Carranza sold a combined 53,911 shares. In total, the reported sales amounted to 373,911 shares. CEO sales filing Pucheu sales filing Carranza sales filing

Analyst Ratings Changes

Separately, Weiss Ratings upgraded Corporacion Inmobiliaria Vesta from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, October 26th. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, Corporacion Inmobiliaria Vesta has an average rating of “Hold” and an average price target of $42.00.

Corporacion Inmobiliaria Vesta Company Profile