Corporación Inmobiliaria Vesta, S.A.B. de C.V. (NYSE:VTMX) Shares Bought by Marshall Wace LLP

Marshall Wace LLP grew its stake in shares of Corporación Inmobiliaria Vesta, S.A.B. de C.V. (NYSE:VTMX - Free Report) by 12.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 168,194 shares of the company's stock after acquiring an additional 18,682 shares during the period. Marshall Wace LLP's holdings in Corporación Inmobiliaria Vesta were worth $4,306,000 at the end of the most recent reporting period.

Separately, Centersquare Investment Management LLC grew its stake in Corporación Inmobiliaria Vesta by 8.5% in the 4th quarter. Centersquare Investment Management LLC now owns 442,212 shares of the company's stock valued at $11,321,000 after acquiring an additional 34,620 shares during the last quarter. 6.61% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. Barclays reduced 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 report on Thursday, March 6th. Scotiabank raised Corporación Inmobiliaria Vesta to a "strong-buy" rating in a report on Sunday, April 13th. Finally, The Goldman Sachs Group reiterated 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.

Corporación Inmobiliaria Vesta Trading Down 0.5 %

Shares of VTMX stock traded down $0.14 during mid-day trading on Wednesday, hitting $27.41. 306,369 shares of the company's stock were exchanged, compared to its average volume of 190,108. The stock has a 50-day simple moving average of $23.89 and a two-hundred day simple moving average of $24.88. Corporación Inmobiliaria Vesta, S.A.B. de C.V. has a fifty-two week low of $21.30 and a fifty-two week high of $37.92. The stock has a market cap of $23.68 billion, a price-to-earnings ratio of 11.71 and a beta of 0.89. The company has a quick ratio of 4.59, a current ratio of 2.68 and a debt-to-equity ratio of 0.31.

Corporación Inmobiliaria Vesta (NYSE:VTMX - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The company reported $0.17 earnings per share for the quarter, missing analysts' consensus estimates of $0.50 by ($0.33). The company had revenue of $60.60 million during the quarter, compared to analyst estimates of $1.46 billion. Corporación Inmobiliaria Vesta had a net margin of 88.52% and a return on equity of 8.52%. Equities analysts expect that Corporación Inmobiliaria Vesta, S.A.B. de C.V. will post 2.2 EPS for the current fiscal year.

About Corporación Inmobiliaria Vesta

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.