Corporacion Inmobiliaria Vesta (NYSE:VTMX) Lowered to Sell Rating by Wall Street Zen

Key Points

• Corporacion Inmobiliaria Vesta has been downgraded from a "hold" to a "sell" rating by Wall Street Zen, signaling a negative shift in analyst sentiment.
• Analysts have mixed views on the stock, with price targets varying from $36.00 to $38.00, reflecting differing expectations of its performance.
• The company reported earnings of $0.32 per share for the last quarter, which missed analysts' estimates of $0.50, indicating potential struggles in meeting financial expectations.

Wall Street Zen downgraded shares of Corporacion Inmobiliaria Vesta (NYSE:VTMX - Free Report) from a hold rating to a sell rating in a research report sent to investors on Saturday morning.

A number of other equities analysts also recently commented on the stock. Zacks Research upgraded shares of Corporacion Inmobiliaria Vesta from a "strong sell" rating to a "hold" rating in a research note on Thursday, August 14th. UBS Group reduced their price objective on shares of Corporacion Inmobiliaria Vesta from $38.00 to $36.00 and set a "buy" rating for the company in a research note on Friday, July 18th. Finally, Barclays increased their price objective on shares of Corporacion Inmobiliaria Vesta from $37.00 to $38.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $31.67.

Corporacion Inmobiliaria Vesta Stock Down 0.2%

VTMX stock traded down $0.07 during trading hours on Friday, reaching $28.10. 137,245 shares of the stock were exchanged, compared to its average volume of 80,740. The firm's 50-day moving average is $27.46 and its 200-day moving average is $26.45. The company has a market cap of $24.28 billion, a price-to-earnings ratio of 147.90, a PEG ratio of 4.57 and a beta of 0.68. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.82 and a quick ratio of 1.82. Corporacion Inmobiliaria Vesta has a 12 month low of $21.30 and a 12 month high of $30.07.

Corporacion Inmobiliaria Vesta (NYSE:VTMX - Get Free Report) last posted its quarterly earnings data on Thursday, July 24th. The company reported $0.32 EPS for the quarter, missing analysts' consensus estimates of $0.50 by ($0.18). Corporacion Inmobiliaria Vesta had a return on equity of 1.24% and a net margin of 12.15%.The business had revenue of $62.20 million for the quarter, compared to analyst estimates of $1.43 billion. Corporacion Inmobiliaria Vesta has set its FY 2025 guidance at EPS. On average, equities research analysts expect that Corporacion Inmobiliaria Vesta will post 2.2 earnings per share for the current year.

Corporacion Inmobiliaria Vesta Dividend Announcement

The company also recently announced an annual dividend, which was paid on Tuesday, July 22nd. Investors of record on Monday, July 14th were paid a $0.2009 dividend. This represents a yield of 80.0%. The ex-dividend date was Monday, July 14th. Corporacion Inmobiliaria Vesta's dividend payout ratio (DPR) is 89.47%.

Institutional Investors Weigh In On Corporacion Inmobiliaria Vesta

Several hedge funds have recently bought and sold shares of VTMX. ABC Arbitrage SA lifted its stake in Corporacion Inmobiliaria Vesta by 252.0% in the 2nd quarter. ABC Arbitrage SA now owns 199,263 shares of the company's stock valued at $5,458,000 after purchasing an additional 142,660 shares during the last quarter. Anson Funds Management LP acquired a new stake in Corporacion Inmobiliaria Vesta in the 1st quarter valued at about $1,251,000. Lazard Asset Management LLC lifted its stake in Corporacion Inmobiliaria Vesta by 6.6% in the 2nd quarter. Lazard Asset Management LLC now owns 321,442 shares of the company's stock valued at $8,803,000 after purchasing an additional 19,967 shares during the last quarter. Finally, BNP Paribas Financial Markets acquired a new stake in Corporacion Inmobiliaria Vesta during the fourth quarter worth approximately $490,000. 6.61% of the stock is currently owned by institutional investors and hedge funds.

About Corporacion Inmobiliaria Vesta

Corporación Inmobiliaria Vesta, SAB. de C.V., together with its subsidiaries, acquires, develops, manages, operates, and leases industrial buildings and distribution facilities in Mexico. The company was incorporated in 1998 and is headquartered in Mexico City, Mexico.