Vivmark Residential Common Shares of Beneficial Interest (VMRK) - What Are Brokerages Saying About This Stock?

Key Points

• Analyst sentiment is mostly neutral: 11 of 16 brokerages rate VMRK “Hold,” while five recommend “Buy”; the average 12-month price target is $71.42.
• Shares traded at $65.53, below the average target. The company reported quarterly EPS of $0.30 and revenue of $785.05 million.
• VMRK’s annualized dividend yield is 4.3%, though its reported payout ratio is unusually high at 1,040.74%; insiders also sold 58,286 shares worth about $3.74 million over three months.

Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK - Get Free Report) has received an average rating of "Hold" from the sixteen brokerages that are covering the firm, Marketbeat.com reports. Eleven equities research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $71.42.

VMRK has been the topic of a number of recent research reports. Mizuho upgraded shares of Vivmark Residential Common Shares of Beneficial Interest from a "neutral" rating to an "outperform" rating and raised their price target for the company from $70.00 to $73.00 in a report on Tuesday, September 8th. Stifel Nicolaus decreased 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 report on Wednesday, August 19th. KeyCorp started coverage on shares of Vivmark Residential Common Shares of Beneficial Interest in a research report on Wednesday, August 26th. They set a "sector weight" rating on the stock. Evercore started coverage on Vivmark Residential Common Shares of Beneficial Interest in a report on Tuesday, August 18th. They set an "in-line" rating and a $72.00 target price on the stock. Finally, UBS Group reduced their price target 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, October 14th.

Vivmark Residential Common Shares of Beneficial Interest Stock Performance

Shares of NYSE VMRK traded up $0.28 during trading hours on Friday, hitting $65.53. The stock had a trading volume of 6,354,886 shares, compared to its average volume of 4,300,523. The firm has a market capitalization of $24.57 billion, a P/E ratio of 242.69, a P/E/G ratio of 3.61 and a beta of 0.72. The company's 50-day moving average price is $62.60. Vivmark Residential Common Shares of Beneficial Interest has a 52 week low of $57.57 and a 52 week high of $71.50. 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 - Get Free Report) last issued its quarterly earnings data on Wednesday, July 22nd. The company reported $0.30 earnings per share for the quarter. The firm had revenue of $785.05 million 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%. As a group, analysts expect 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 business also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Monday, October 5th were paid a $0.7025 dividend. This represents a $2.81 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend was Monday, October 5th. Vivmark Residential Common Shares of Beneficial Interest's dividend payout ratio (DPR) is presently 1,040.74%.

Insiders Place Their Bets

In other Vivmark Residential Common Shares of Beneficial Interest news, Director Susan Swanezy sold 15,700 shares of the stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $63.80, for a total transaction of $1,001,660.00. Following the transaction, the director owned 28,934 shares in the company, valued at $1,845,989.20. This trade represents a 35.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Christopher B. Howard sold 8,486 shares of the stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $64.00, for a total value of $543,104.00. Following the transaction, the director owned 12,730 shares in the company, valued at approximately $814,720. This trade represents a 40.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 58,286 shares of company stock worth $3,735,822 in the last three months. 1.20% of the stock is owned by insiders.

Institutional Trading of Vivmark Residential Common Shares of Beneficial Interest

Institutional investors and hedge funds have recently modified their holdings of the company. Blume Capital Management Inc. acquired a new position in Vivmark Residential Common Shares of Beneficial Interest in the 3rd quarter valued at $25,000. Physician Wealth Advisors Inc. acquired a new position in Vivmark Residential Common Shares of Beneficial Interest during the 3rd quarter worth $27,000. Farmers & Merchants Investments Inc. acquired a new position in Vivmark Residential Common Shares of Beneficial Interest during the 3rd quarter worth $31,000. Planning Strategies Inc. lifted its position 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 during the last quarter. Finally, Mather Group LLC. bought a new stake in Vivmark Residential Common Shares of Beneficial Interest during the third quarter valued at about $33,000. 92.68% of the stock is currently owned by institutional investors and hedge funds.

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.

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