Uhlmann Price Securities LLC Buys 21,942 Shares of Vivmark Residential Common Shares of Beneficial Interest $VMRK

Uhlmann Price Securities LLC purchased a new position in Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 21,942 shares of the company’s stock, valued at approximately $1,333,000.

Other large investors have also bought and sold shares of the company. Blume Capital Management Inc. acquired a new position in shares of Vivmark Residential Common Shares of Beneficial Interest during the third quarter valued at about $25,000. Physician Wealth Advisors Inc. bought a new position in shares of Vivmark Residential Common Shares of Beneficial Interest during the 3rd quarter worth about $27,000. Farmers & Merchants Investments Inc. acquired a new stake in shares of Vivmark Residential Common Shares of Beneficial Interest in the 3rd quarter valued at about $31,000. Planning Strategies Inc. grew its stake in shares of Vivmark Residential Common Shares of Beneficial Interest by 87.5% in the 3rd quarter. Planning Strategies Inc. now owns 538 shares of the company’s stock valued at $33,000 after buying an additional 251 shares during the period. Finally, Mather Group LLC. acquired a new stake in shares of Vivmark Residential Common Shares of Beneficial Interest in the 3rd quarter valued at about $33,000. 92.68% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts recently commented on the company. KeyCorp initiated coverage on Vivmark Residential Common Shares of Beneficial Interest in a research report on Wednesday, August 26th. They issued a “sector weight” rating for the company. Piper Sandler cut their price target on Vivmark Residential Common Shares of Beneficial Interest from $76.00 to $67.00 and set a “neutral” rating on the stock in a report on Monday, October 12th. Stifel Nicolaus cut their price target on 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. Mizuho raised Vivmark Residential Common Shares of Beneficial Interest from a “neutral” rating to an “outperform” rating and raised their price objective for the company from $70.00 to $73.00 in a research note on Tuesday, September 8th. Finally, BTIG Research restated a “neutral” rating on shares of Vivmark Residential Common Shares of Beneficial Interest in a report on Thursday, September 17th. Five equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat, Vivmark Residential Common Shares of Beneficial Interest has a consensus rating of “Hold” and an average target price of $71.42.

Insider Buying and Selling at Vivmark Residential Common Shares of Beneficial Interest

In other Vivmark Residential Common Shares of Beneficial Interest news, Director Charles E. Mueller, Jr. sold 8,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $63.90, for a total transaction of $511,200.00. Following the completion of the sale, the director directly owned 16,084 shares of the company’s stock, valued at approximately $1,027,767.60. The trade was a 33.22% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Susan Swanezy sold 15,700 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $63.80, for a total value of $1,001,660.00. Following the sale, the director directly owned 28,934 shares of the company’s stock, valued at $1,845,989.20. This represents a 35.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 58,286 shares of company stock worth $3,735,822. 1.20% of the stock is currently owned by corporate insiders.

Vivmark Residential Common Shares of Beneficial Interest Trading Up 0.4%

Vivmark Residential Common Shares of Beneficial Interest stock opened at $65.53 on Friday. 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 market capitalization of $24.57 billion, a price-to-earnings ratio of 242.69, a price-to-earnings-growth ratio of 3.80 and a beta of 0.72. The firm has a fifty day simple moving average of $62.60. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.35 and a quick ratio of 0.19.

Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) last issued its quarterly earnings data on Wednesday, July 22nd. The company reported $0.30 earnings per share (EPS) for the quarter. Vivmark Residential Common Shares of Beneficial Interest had a negative net margin of 4.21% and a negative return on equity of 0.80%. The firm had revenue of $785.05 million during the quarter. On average, research analysts forecast that Vivmark Residential Common Shares of Beneficial Interest will post 4.08 EPS for the current year.

Vivmark Residential Common Shares of Beneficial Interest Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, October 16th. Shareholders of record on Monday, October 5th were paid a dividend of $0.7025 per share. The ex-dividend date was Monday, October 5th. This represents a $2.81 dividend on an annualized basis and a yield of 4.3%. Vivmark Residential Common Shares of Beneficial Interest’s payout ratio is 1,040.74%.

Vivmark Residential Common Shares of Beneficial Interest 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.