Insider Selling: Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) Director Sells $73,766.40 in Stock

Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) Director Chris Carr sold 1,130 shares of Vivmark Residential Common Shares of Beneficial Interest stock in a transaction dated Wednesday, September 9th. The stock was sold at an average price of $65.28, for a total transaction of $73,766.40. Following the transaction, the director owned 4,461 shares of the company’s stock, valued at approximately $291,214.08. The trade was a 20.21% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Vivmark Residential Common Shares of Beneficial Interest Stock Down 0.0%

Shares of NYSE VMRK opened at $65.52 on Monday. The stock has a market capitalization of $24.57 billion, a price-to-earnings ratio of 28.49, a price-to-earnings-growth ratio of 3.60 and a beta of 0.73. Vivmark Residential Common Shares of Beneficial Interest has a 12-month low of $57.57 and a 12-month high of $71.50. The company has a current ratio of 0.19, a quick ratio of 0.19 and a debt-to-equity ratio of 0.77.

Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) last issued its quarterly earnings data on Wednesday, July 22nd. The company reported $0.30 earnings per share for the quarter. Vivmark Residential Common Shares of Beneficial Interest had a net margin of 27.97% and a return on equity of 8.06%. The business 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.

Hedge Funds Weigh In On Vivmark Residential Common Shares of Beneficial Interest

A hedge fund 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) during the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 5,206 shares of the company’s stock, valued at approximately $354,000. 92.68% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

VMRK has been the topic of several recent research reports. Cantor Fitzgerald restated a “neutral” rating and issued a $70.00 price objective on shares of Vivmark Residential Common Shares of Beneficial Interest in a research report on Tuesday, August 25th. Stifel Nicolaus reduced their target price on shares of Vivmark Residential Common Shares of Beneficial Interest from $79.00 to $78.50 and set a “buy” rating on the stock in a report on Wednesday, August 19th. Barclays lowered 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 report on Wednesday, September 2nd. Evercore assumed coverage on shares of Vivmark Residential Common Shares of Beneficial Interest in a research note on Tuesday, August 18th. They set an “in-line” rating and a $72.00 price objective on the stock. Finally, Mizuho upgraded shares of Vivmark Residential Common Shares of Beneficial Interest from a “neutral” rating to an “outperform” rating and raised their target price for the stock from $70.00 to $73.00 in a research report on Tuesday, September 8th. Four equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $73.85.

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.