Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) CAO Sean Thomas Willson Sells 300 Shares

Key Points

• Insider sale: Chief Accounting Officer Sean Thomas Willson sold 300 shares at an average price of $66.31, worth $19,893, reducing his direct holdings by 1.64% to 17,988 shares. He also sold 250 shares on August 19 for $16,080.
• Stock performance and ownership: VMRK shares rose 2.4% to $68.39, near the upper end of their 52-week range, while institutional investors own 92.68% of the stock. Syon Capital initiated a position of 5,206 shares during the second quarter.
• Analyst outlook: Coverage remains mixed, with two Buy ratings and four Hold ratings, resulting in a consensus “Hold” rating and an average price target of $73.90.

Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK - Get Free Report) CAO Sean Thomas Willson sold 300 shares of the business's stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $66.31, for a total value of $19,893.00. Following the transaction, the chief accounting officer directly owned 17,988 shares in the company, valued at $1,192,784.28. This trade represents a 1.64% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Sean Thomas Willson also recently made the following trade(s):

• On Wednesday, August 19th, Sean Thomas Willson sold 250 shares of Vivmark Residential Common Shares of Beneficial Interest stock. The stock was sold at an average price of $64.32, for a total value of $16,080.00.

Vivmark Residential Common Shares of Beneficial Interest Trading Up 2.4%

Shares of NYSE VMRK traded up $1.60 during trading hours on Monday, hitting $68.39. The company had a trading volume of 6,267,974 shares, compared to its average volume of 3,065,440. Vivmark Residential Common Shares of Beneficial Interest has a 1-year low of $57.57 and a 1-year high of $71.50. The company has a current ratio of 0.19, a quick ratio of 0.19 and a debt-to-equity ratio of 0.77. The company has a market cap of $25.64 billion, a PE ratio of 29.74, a PEG ratio of 5.62 and a beta of 0.73.

Institutional Trading of Vivmark Residential Common Shares of Beneficial Interest

A hedge fund recently bought a new position in Vivmark Residential Common Shares of Beneficial Interest stock. Syon Capital LLC bought a new position in shares of Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 5,206 shares of the company's stock, valued at approximately $354,000. 92.68% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

VMRK has been the subject of a number of analyst reports. Wells Fargo & Company began coverage on shares of Vivmark Residential Common Shares of Beneficial Interest in a research report on Friday. They issued an "overweight" rating and a $72.00 price objective for the company. Stifel Nicolaus dropped their target price on shares of Vivmark Residential Common Shares of Beneficial Interest from $79.00 to $78.50 and set a "buy" rating on the stock in a report on Wednesday, August 19th. Weiss Ratings started coverage on shares of Vivmark Residential Common Shares of Beneficial Interest in a research note on Wednesday. They issued a "hold (c)" rating for the company. JPMorgan Chase & Co. started coverage on Vivmark Residential Common Shares of Beneficial Interest in a research report on Monday. They set a "neutral" rating and a $73.00 price target on the stock. Finally, BMO Capital Markets dropped their price objective on Vivmark Residential Common Shares of Beneficial Interest from $75.00 to $74.00 and set a "market perform" rating on the stock in a research note on Monday. Two research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $73.90.

Vivmark Residential Common Shares of Beneficial Interest Company Profile

Equity Residential is committed to creating communities where people thrive. The Company, a member of the S&P 500, is focused on the acquisition, development and management of residential properties located in and around dynamic cities that attract high quality long-term renters. Equity Residential owns or has investments in 305 properties consisting of 78,568 apartment units, located in Boston, New York, Washington, DC, Seattle, San Francisco, Southern California and Denver.

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