Anson Funds Management LP Takes Position 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 $1,251,000, 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 its most recent 13F filing with the SEC. The firm bought 54,826 shares of the company's stock, valued at approximately $1,251,000.

Separately, ABC Arbitrage SA purchased a new stake in shares of Corporacion Inmobiliaria Vesta during the first quarter worth about $1,291,000. Institutional investors and hedge funds own 6.61% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on VTMX shares. Barclays lifted their price target 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. UBS Group lowered their price target on shares of Corporacion Inmobiliaria Vesta from $36.00 to $35.00 and set a "buy" rating for the company in a report on Monday. Zacks Research upgraded shares of Corporacion Inmobiliaria Vesta from a "strong sell" rating to a "hold" rating in a report on Thursday, August 14th. Finally, Wall Street Zen upgraded shares of Corporacion Inmobiliaria Vesta from a "sell" rating to a "hold" rating in a report on Sunday. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Corporacion Inmobiliaria Vesta presently has an average rating of "Moderate Buy" and a consensus target price of $31.33.

Corporacion Inmobiliaria Vesta Trading Down 1.4%

Shares of VTMX traded down $0.39 during mid-day trading on Tuesday, hitting $26.86. The company had a trading volume of 27,078 shares, compared to its average volume of 184,371. The stock has a market cap of $23.21 billion, a PE ratio of 141.36, a P/E/G ratio of 4.54 and a beta of 0.69. 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, S.A.B. de C.V. Sponsored ADR has a 1-year low of $21.30 and a 1-year high of $30.07. The business's 50-day simple moving average is $27.46 and its 200-day simple moving average is $26.55.

Corporacion Inmobiliaria Vesta (NYSE:VTMX - Get Free Report) last announced its quarterly earnings results on Thursday, July 24th. The company reported $0.32 earnings per share for the quarter, missing analysts' consensus estimates of $0.50 by ($0.18). The business had revenue of $62.20 million for the quarter, compared to analyst estimates of $1.43 billion. Corporacion Inmobiliaria Vesta had a net margin of 12.15% and a return on equity of 1.24%. Corporacion Inmobiliaria Vesta has set its FY 2025 guidance at EPS. Sell-side analysts forecast 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 Dividend Announcement

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

Corporacion Inmobiliaria Vesta Company 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.