Corporacion Inmobiliaria Vesta (NYSE:VTMX) CEO Sells $22,412.11 in Stock

Corporacion Inmobiliaria Vesta, S.A.B. de C.V. Sponsored ADR (NYSE:VTMX) CEO Lorenzo Berho sold 6,041 shares of the company’s stock in a transaction on Wednesday, November 5th. The stock was sold at an average price of $3.71, for a total value of $22,412.11. Following the transaction, the chief executive officer owned 3,223,030 shares of the company’s stock, valued at approximately $11,957,441.30. The trade was a 0.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Carranza Lorenzo Dominiq Berho also recently made the following trade(s):

• On Monday, November 9th, Lorenzo Berho sold 150,000 shares of Corporacion Inmobiliaria Vesta stock. The stock was sold at an average price of $3.81, for a total value of $571,500.00.
• On Friday, November 6th, Lorenzo Berho sold 39,831 shares of Corporacion Inmobiliaria Vesta stock. The shares were sold at an average price of $3.72, for a total value of $148,171.32.
• On Wednesday, November 4th, Lorenzo Berho sold 4,128 shares of Corporacion Inmobiliaria Vesta stock. The shares were sold at an average price of $3.71, for a total transaction of $15,314.88.
• On Friday, October 30th, Lorenzo Berho sold 250,000 shares of Corporacion Inmobiliaria Vesta stock. The shares were sold at an average price of $3.62, for a total transaction of $905,000.00.
• On Thursday, October 29th, Lorenzo Berho sold 350,000 shares of Corporacion Inmobiliaria Vesta stock. The stock was sold at an average price of $3.65, for a total transaction of $1,277,500.00.
• On Friday, August 21st, Lorenzo Berho sold 60,000 shares of Corporacion Inmobiliaria Vesta stock. The stock was sold at an average price of $3.58, for a total transaction of $214,800.00.

Corporacion Inmobiliaria Vesta Stock Performance

Shares of VTMX stock traded up $0.68 during trading hours on Monday, reaching $38.30. The stock had a trading volume of 133,188 shares, compared to its average volume of 86,173. The firm has a market capitalization of $3.69 billion, a PE ratio of 6.98, a price-to-earnings-growth ratio of 3.76 and a beta of 0.59. The firm has a 50-day simple moving average of $34.48 and a 200-day simple moving average of $34.20. Corporacion Inmobiliaria Vesta, S.A.B. de C.V. Sponsored ADR has a twelve month low of $29.63 and a twelve month high of $38.50. The company has a debt-to-equity ratio of 0.33, a current ratio of 3.46 and a quick ratio of 3.46.

Corporacion Inmobiliaria Vesta (NYSE:VTMX) last posted its earnings results on Thursday, October 22nd. The company reported $1.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.46 by $0.72. Corporacion Inmobiliaria Vesta had a net margin of 156.69% and a return on equity of 16.24%. The firm had revenue of $79.56 million during the quarter, compared to analyst estimates of $79.15 million. As a group, equities analysts forecast that Corporacion Inmobiliaria Vesta, S.A.B. de C.V. Sponsored ADR will post 3.00 earnings per share for the current year.

Corporacion Inmobiliaria Vesta Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 22nd. Stockholders of record on Wednesday, October 14th were issued a dividend of $0.1999 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend was Wednesday, October 14th. Corporacion Inmobiliaria Vesta’s payout ratio is 12.20%.

More Corporacion Inmobiliaria Vesta News

Here are the key news stories impacting Corporacion Inmobiliaria Vesta this week:

• Negative Sentiment: CEO Lorenzo Berho sold a combined 200,000 shares across four transactions, worth about $757,000 at the reported prices. Insider Romero Pucheu sold 120,000 shares—39.7% of his reported position—and Diego Berho Carranza sold a combined 53,911 shares. In total, the reported sales amounted to 373,911 shares. CEO sales filing Pucheu sales filing Carranza sales filing

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised Corporacion Inmobiliaria Vesta from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, October 26th. Two research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $42.00.

Corporacion Inmobiliaria Vesta Company Profile