BNP Paribas Financial Markets Purchases Shares of 19,136 Corporación Inmobiliaria Vesta, S.A.B. de C.V. (NYSE:VTMX)

BNP Paribas Financial Markets purchased a new stake in shares of 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 13F filing with the Securities & Exchange Commission. The institutional investor purchased 19,136 shares of the company's stock, valued at approximately $490,000.

Separately, Marshall Wace LLP raised its position in Corporación Inmobiliaria Vesta by 12.5% in the fourth quarter. Marshall Wace LLP now owns 168,194 shares of the company's stock worth $4,306,000 after acquiring an additional 18,682 shares during the period. Hedge funds and other institutional investors own 6.61% of the company's stock.

Corporación Inmobiliaria Vesta Stock Performance

Shares of NYSE VTMX traded down $0.02 during midday trading on Thursday, hitting $29.12. The company's stock had a trading volume of 133,733 shares, compared to its average volume of 204,228. The stock has a fifty day moving average price of $25.92 and a 200 day moving average price of $25.28. The firm has a market capitalization of $25.16 billion, a price-to-earnings ratio of 12.44 and a beta of 0.74. Corporación Inmobiliaria Vesta, S.A.B. de C.V. has a one year low of $21.30 and a one year high of $34.88. The company has a current ratio of 2.68, a quick ratio of 4.59 and a debt-to-equity ratio of 0.31.

Corporación Inmobiliaria Vesta (NYSE:VTMX - Get Free Report) last issued its earnings results on Wednesday, April 23rd. The company reported $0.17 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 business had revenue of $60.60 million for the quarter, compared to the consensus estimate of $1.46 billion. On average, research analysts forecast that Corporación Inmobiliaria Vesta, S.A.B. de C.V. will post 2.2 EPS for the current fiscal year.

Wall Street Analyst Weigh In

VTMX has been the subject of a number of research reports. Barclays reduced their target price on shares of Corporación Inmobiliaria Vesta from $35.00 to $34.00 and set an "overweight" rating for the company in a research report on Thursday, March 6th. The Goldman Sachs Group reissued a "sell" rating and set a $21.00 price objective (down from $31.00) on shares of Corporación Inmobiliaria Vesta in a report on Tuesday, March 25th. Finally, Scotiabank raised Corporación Inmobiliaria Vesta to a "strong-buy" rating in a research report on Sunday, April 13th.

Corporación 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.