54,826 Shares in Corporacion Inmobiliaria Vesta, S.A.B. de C.V. Sponsored ADR $VTMX Bought by Anson Funds Management LP

Key Points

• Anson Funds Management LP acquired 54,826 shares of Corporacion Inmobiliaria Vesta, valued at approximately $1,251,000, highlighting growing interest from institutional investors.
• Multiple analysts have updated their ratings on the stock, with UBS Group lowering its target price to $36.00, while Barclays raised its objective to $38.00, reflecting mixed sentiments in the market.
• The company reported earnings of $0.32 per share, missing estimates, and declared an annual dividend of $0.2009, resulting in a high dividend yield of 80.0%.

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

Separately, ABC Arbitrage SA acquired a new position in shares of Corporacion Inmobiliaria Vesta in the 1st quarter valued at about $1,291,000. 6.61% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have issued reports on VTMX. UBS Group cut their target price 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. Zacks Research upgraded Corporacion Inmobiliaria Vesta from a "strong sell" rating to a "hold" rating in a research report on Thursday, August 14th. Barclays boosted their price objective on Corporacion Inmobiliaria Vesta from $37.00 to $38.00 and gave the company an "overweight" rating in a research report on Tuesday, July 29th. Finally, Wall Street Zen lowered Corporacion Inmobiliaria Vesta from a "hold" rating to a "sell" rating in a research report on Saturday, September 6th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $31.67.

Corporacion Inmobiliaria Vesta Stock Performance

Shares of NYSE VTMX opened at $28.18 on Thursday. Corporacion Inmobiliaria Vesta, S.A.B. de C.V. Sponsored ADR has a 12-month low of $21.30 and a 12-month high of $30.07. The company has a market cap of $24.34 billion, a PE ratio of 148.30, a P/E/G ratio of 4.55 and a beta of 0.68. The stock has a 50 day simple moving average of $27.45 and a 200-day simple moving average of $26.42. The company has a current ratio of 1.82, a quick ratio of 1.82 and a debt-to-equity ratio of 0.35.

Corporacion Inmobiliaria Vesta (NYSE:VTMX - Get Free Report) last announced its earnings results on Thursday, July 24th. The company reported $0.32 earnings per share for the quarter, missing the consensus estimate 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 for the quarter, compared to the consensus estimate of $1.43 billion. Corporacion Inmobiliaria Vesta has set its FY 2025 guidance at EPS. On average, equities research analysts forecast that Corporacion Inmobiliaria Vesta, S.A.B. de C.V. Sponsored ADR will post 2.2 EPS for the current year.

Corporacion Inmobiliaria Vesta Announces Dividend

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

Corporacion Inmobiliaria Vesta Profile

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.

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