Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) Research Coverage Started at UBS Group

UBS Group began coverage on shares of Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) in a report released on Tuesday, Marketbeat Ratings reports. The brokerage issued a buy rating and a $75.00 price target on the stock.

A number of other research firms also recently issued reports on VMRK. Stifel Nicolaus dropped 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 research report on Wednesday, August 19th. Morgan Stanley started coverage on shares of Vivmark Residential Common Shares of Beneficial Interest in a report on Tuesday, August 25th. They issued an “overweight” rating and a $75.00 price target for the company. Mizuho raised shares of Vivmark Residential Common Shares of Beneficial Interest from a “neutral” rating to an “outperform” rating and lifted their price target for the company from $70.00 to $73.00 in a research note on Tuesday, September 8th. Wells Fargo & Company started coverage on shares of Vivmark Residential Common Shares of Beneficial Interest in a research note on Friday, August 21st. They issued an “overweight” rating and a $72.00 price target for the company. Finally, KeyCorp started coverage on shares of Vivmark Residential Common Shares of Beneficial Interest in a report on Wednesday, August 26th. They set a “sector weight” rating on the stock. Five analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat, Vivmark Residential Common Shares of Beneficial Interest has a consensus rating of “Hold” and a consensus target price of $73.29.

Vivmark Residential Common Shares of Beneficial Interest Stock Up 0.0%

NYSE VMRK opened at $63.01 on Tuesday. Vivmark Residential Common Shares of Beneficial Interest has a one year low of $57.57 and a one year high of $71.50. The company has a market cap of $23.62 billion, a P/E ratio of 27.39, a price-to-earnings-growth ratio of 3.46 and a beta of 0.73. The company has a quick ratio of 0.19, a current ratio of 0.19 and a debt-to-equity ratio of 0.77.

Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) last posted its quarterly earnings results on Wednesday, July 22nd. The company reported $0.30 earnings per share (EPS) for the quarter. The firm had revenue of $785.05 million 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%. On average, equities analysts predict that Vivmark Residential Common Shares of Beneficial Interest will post 4.07 EPS for the current year.

Insider Activity

In other news, Director Charles E. Mueller, Jr. sold 8,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $63.90, for a total transaction of $511,200.00. Following the transaction, the director directly owned 16,084 shares of the company’s stock, valued at $1,027,767.60. This represents a 33.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Susan Swanezy sold 15,700 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $63.80, for a total value of $1,001,660.00. Following the transaction, the director directly owned 28,934 shares in the company, valued at $1,845,989.20. The trade was a 35.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 58,286 shares of company stock valued at $3,735,822. Corporate insiders own 1.20% of the company’s stock.

Institutional Trading of Vivmark Residential Common Shares of Beneficial Interest

An institutional investor recently bought a new position in Vivmark Residential Common Shares of Beneficial Interest stock. Syon Capital LLC acquired a new stake in Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 5,206 shares of the company’s stock, valued at approximately $354,000. 92.68% of the stock is owned by institutional investors.

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.