Corporacion Inmobiliaria Vesta (NYSE:VTMX) CEO Carranza Lorenzo Dominiq Berho Sells 39,831 Shares of Company Stock

Corporacion Inmobiliaria Vesta, S.A.B. de C.V. Sponsored ADR (NYSE:VTMX) CEO Lorenzo Berho sold 39,831 shares of the business’s stock in a transaction that occurred on Friday, November 6th. The shares were sold at an average price of $3.72, for a total transaction of $148,171.32. Following the completion of the transaction, the chief executive officer directly owned 3,183,199 shares of the company’s stock, valued at approximately $11,841,500.28. This represents a 1.24% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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 transaction of $571,500.00.
• On Wednesday, November 4th, Lorenzo Berho sold 4,128 shares of Corporacion Inmobiliaria Vesta stock. The stock was 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 shares were sold at an average price of $3.65, for a total value of $1,277,500.00.
• On Friday, August 21st, Lorenzo Berho sold 60,000 shares of Corporacion Inmobiliaria Vesta stock. The shares were sold at an average price of $3.58, for a total transaction of $214,800.00.

Corporacion Inmobiliaria Vesta Stock Up 1.8%

Corporacion Inmobiliaria Vesta stock opened at $38.30 on Tuesday. The firm has a market capitalization of $3.69 billion, a P/E ratio of 6.98, a P/E/G ratio of 3.70 and a beta of 0.59. The company has a debt-to-equity ratio of 0.33, a quick ratio of 3.46 and a current ratio of 3.46. Corporacion Inmobiliaria Vesta, S.A.B. de C.V. Sponsored ADR has a one year low of $29.63 and a one year high of $38.50. The company has a 50-day simple moving average of $34.56 and a 200-day simple moving average of $34.23.

Corporacion Inmobiliaria Vesta (NYSE:VTMX) last announced its quarterly earnings results on Thursday, October 22nd. The company reported $1.18 EPS for the quarter, beating the consensus estimate of $0.46 by $0.72. The business had revenue of $79.56 million during the quarter, compared to analysts’ expectations of $79.15 million. Corporacion Inmobiliaria Vesta had a return on equity of 16.24% and a net margin of 156.69%. As a group, equities analysts expect 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 Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 22nd. Investors of record on Wednesday, October 14th were paid a $0.1999 dividend. This represents a $0.80 annualized dividend 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 presently 12.20%.

Corporacion Inmobiliaria Vesta News Roundup

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

Wall Street Analyst Weigh In

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

About Corporacion Inmobiliaria Vesta