Anson Funds Management LP Makes New Investment in Corporacion Inmobiliaria Vesta, S.A.B. de C.V. Sponsored ADR $VTMX

Key Points

• Anson Funds Management LP acquired 54,826 shares of Corporacion Inmobiliaria Vesta, valued at approximately $1.25 million, indicating growing institutional interest in the company.
• Recent analyst upgrades have improved VTMX's ratings, with Zacks and Wall Street Zen changing their outlook from "sell" to "hold," while Barclays set an increased price target of $38.00.
• The company's earnings report showed a missed estimate of $0.50 EPS with an actual result of $0.32 EPS, along with notably lower revenue compared to analyst projections.

Anson Funds Management LP bought a new position in shares of Corporacion Inmobiliaria Vesta, S.A.B. de C.V. Sponsored ADR (NYSE:VTMX - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 54,826 shares of the company's stock, valued at approximately $1,251,000.

Separately, BNP Paribas Financial Markets bought a new stake in Corporacion Inmobiliaria Vesta during the 4th quarter worth approximately $490,000. 6.61% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on VTMX. Barclays upped their target price on shares of Corporacion Inmobiliaria Vesta from $37.00 to $38.00 and gave the stock an "overweight" rating in a report on Tuesday, July 29th. Zacks Research raised shares of Corporacion Inmobiliaria Vesta from a "strong sell" rating to a "hold" rating in a report on Thursday, August 14th. Wall Street Zen raised shares of Corporacion Inmobiliaria Vesta from a "sell" rating to a "hold" rating in a report on Sunday, August 3rd. Finally, UBS Group decreased their price target on shares of Corporacion Inmobiliaria Vesta from $38.00 to $36.00 and set a "buy" rating on the stock in a report on Friday, July 18th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $31.67.

Corporacion Inmobiliaria Vesta Trading Down 1.1%

Shares of Corporacion Inmobiliaria Vesta stock traded down $0.30 during trading on Friday, reaching $27.65. The company's stock had a trading volume of 19,671 shares, compared to its average volume of 189,570. Corporacion Inmobiliaria Vesta, S.A.B. de C.V. Sponsored ADR has a 52-week low of $21.30 and a 52-week high of $30.07. The company has a market cap of $23.88 billion, a price-to-earnings ratio of 145.50, a PEG ratio of 4.50 and a beta of 0.69. The firm's 50-day moving average is $27.32 and its two-hundred day moving average is $26.31. The company has a quick ratio of 1.82, a current ratio of 1.82 and a debt-to-equity ratio of 0.35.

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

Corporacion Inmobiliaria Vesta Announces Dividend

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

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.