BNP Paribas Financial Markets acquired a new stake in Corporación Inmobiliaria Vesta, S.A.B. de C.V. (NYSE:VTMX - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 19,136 shares of the company's stock, valued at approximately $490,000.
Separately, Marshall Wace LLP lifted its stake in shares of Corporación Inmobiliaria Vesta by 12.5% in the 4th quarter. Marshall Wace LLP now owns 168,194 shares of the company's stock valued at $4,306,000 after acquiring an additional 18,682 shares during the last quarter. 6.61% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of equities research analysts recently weighed in on the company. The Goldman Sachs Group restated a "sell" rating and set a $21.00 price objective (down previously from $31.00) on shares of Corporación Inmobiliaria Vesta in a research report on Tuesday, March 25th. Scotiabank upgraded Corporación Inmobiliaria Vesta to a "strong-buy" rating in a report on Sunday, April 13th. Finally, Barclays lowered their price objective on Corporación Inmobiliaria Vesta from $35.00 to $34.00 and set an "overweight" rating for the company in a research note on Thursday, March 6th.
Read Our Latest Stock Report on VTMX
Corporación Inmobiliaria Vesta Trading Up 0.1%
Shares of Corporación Inmobiliaria Vesta stock traded up $0.02 during trading on Tuesday, hitting $29.26. The company's stock had a trading volume of 131,664 shares, compared to its average volume of 204,078. The stock has a market cap of $25.27 billion, a price-to-earnings ratio of 12.50 and a beta of 0.74. Corporación Inmobiliaria Vesta, S.A.B. de C.V. has a 52 week low of $21.30 and a 52 week high of $36.08. The stock has a 50-day moving average price of $25.58 and a two-hundred day moving average price of $25.20. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.68 and a quick ratio of 4.59.
Corporación Inmobiliaria Vesta (NYSE:VTMX - Get Free Report) last issued its quarterly earnings results on Wednesday, April 23rd. The company reported $0.17 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.33). Corporación Inmobiliaria Vesta had a net margin of 88.52% and a return on equity of 8.52%. The company had revenue of $60.60 million during the quarter, compared to analyst estimates of $1.46 billion. Equities research analysts anticipate that Corporación Inmobiliaria Vesta, S.A.B. de C.V. will post 2.2 EPS for the current fiscal year.
About Corporación Inmobiliaria Vesta
(
Free Report)
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.
Featured Articles
Before you consider Corporación Inmobiliaria Vesta, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Corporación Inmobiliaria Vesta wasn't on the list.
While Corporación Inmobiliaria Vesta currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
