BNP Paribas Financial Markets Takes $490,000 Position in Corporación Inmobiliaria Vesta, S.A.B. de C.V. (NYSE:VTMX)

BNP Paribas Financial Markets bought a new position in Corporación Inmobiliaria Vesta, S.A.B. de C.V. (NYSE:VTMX - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 19,136 shares of the company's stock, valued at approximately $490,000.

Separately, Marshall Wace LLP boosted its stake in shares of Corporación Inmobiliaria Vesta by 12.5% during the 4th 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 last quarter. Institutional investors and hedge funds own 6.61% of the company's stock.

Wall Street Analyst Weigh In

VTMX has been the topic of several analyst reports. Scotiabank upgraded shares of Corporación Inmobiliaria Vesta to a "strong-buy" rating in a research note on Sunday, April 13th. The Goldman Sachs Group reiterated a "sell" rating and set a $21.00 price target (down previously from $31.00) on shares of Corporación Inmobiliaria Vesta in a research note on Tuesday, March 25th. Finally, Barclays dropped their price target on shares of Corporación Inmobiliaria Vesta from $35.00 to $34.00 and set an "overweight" rating on the stock in a research note on Thursday, March 6th.

Corporación Inmobiliaria Vesta Price Performance

Shares of VTMX stock traded down $0.10 on Wednesday, hitting $29.13. 64,744 shares of the stock traded hands, compared to its average volume of 203,538. The firm has a market cap of $25.17 billion, a price-to-earnings ratio of 12.47 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 firm has a 50 day simple moving average of $25.70 and a two-hundred day simple moving average of $25.23. 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 announced its quarterly earnings data on Wednesday, April 23rd. The company reported $0.17 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.33). The firm had revenue of $60.60 million for the quarter, compared to the consensus estimate of $1.46 billion. Corporación Inmobiliaria Vesta had a net margin of 88.52% and a return on equity of 8.52%. As a group, equities research analysts predict that Corporación Inmobiliaria Vesta, S.A.B. de C.V. will post 2.2 earnings per share for the current fiscal year.

Corporación 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.