34,473 Vivmark Residential Common Shares of Beneficial Interest $VMRK Shares Bought by Ethic Inc.

Ethic Inc. grew its holdings in Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) by 94.0% in the third quarter, Holdings Channel.com reports. The firm owned 71,150 shares of the company’s stock after purchasing an additional 34,473 shares during the period. Ethic Inc.’s holdings in Vivmark Residential Common Shares of Beneficial Interest were worth $4,323,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of VMRK. Blume Capital Management Inc. purchased a new position in shares of Vivmark Residential Common Shares of Beneficial Interest during the third quarter valued at $25,000. Physician Wealth Advisors Inc. acquired a new position in Vivmark Residential Common Shares of Beneficial Interest during the third quarter valued at $27,000. Farmers & Merchants Investments Inc. acquired a new position in Vivmark Residential Common Shares of Beneficial Interest during the third quarter valued at $31,000. Planning Strategies Inc. raised its position in Vivmark Residential Common Shares of Beneficial Interest by 87.5% during the third 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. purchased a new stake in Vivmark Residential Common Shares of Beneficial Interest in the 3rd quarter worth about $33,000. Institutional investors and hedge funds own 92.68% of the company’s stock.

Vivmark Residential Common Shares of Beneficial Interest Stock Performance

Shares of VMRK opened at $65.78 on Wednesday. The company has a market capitalization of $24.66 billion, a price-to-earnings ratio of 243.63, a PEG ratio of 3.82 and a beta of 0.72. The company’s 50 day simple moving average is $62.62. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.19 and a current ratio of 0.35. Vivmark Residential Common Shares of Beneficial Interest has a twelve month low of $57.57 and a twelve month high of $71.50.

Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) last posted its earnings results on Wednesday, July 22nd. The company reported $0.30 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 company had revenue of $785.05 million during the quarter. On average, sell-side analysts anticipate that Vivmark Residential Common Shares of Beneficial Interest will post 4.08 earnings per share for the current fiscal year.

Vivmark Residential Common Shares of Beneficial Interest Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Monday, October 5th were paid a $0.7025 dividend. This represents a $2.81 annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend was Monday, October 5th. Vivmark Residential Common Shares of Beneficial Interest’s payout ratio is presently 1,040.74%.

Analyst Ratings Changes

Several research firms have weighed in on VMRK. Barclays lowered their target price on Vivmark Residential Common Shares of Beneficial Interest from $75.00 to $74.00 and set an “equal weight” rating on the stock in a research note on Wednesday, October 14th. Evercore began coverage on shares of Vivmark Residential Common Shares of Beneficial Interest in a report on Tuesday, August 18th. They set an “in-line” rating and a $72.00 price target for the company. Stifel Nicolaus set a $77.50 price objective on shares of Vivmark Residential Common Shares of Beneficial Interest in a research report on Monday. BMO Capital Markets lowered their price objective on shares of 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 report on Monday, August 24th. Finally, Morgan Stanley started coverage on shares of Vivmark Residential Common Shares of Beneficial Interest in a research note on Tuesday, August 25th. They issued an “overweight” rating and a $75.00 price objective on the stock. Five analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat.com, Vivmark Residential Common Shares of Beneficial Interest has a consensus rating of “Hold” and an average price target of $71.42.

Insider Transactions at Vivmark Residential Common Shares of Beneficial Interest

In other Vivmark Residential Common Shares of Beneficial Interest news, Director Chris Carr sold 1,130 shares of the firm’s stock in a transaction dated Wednesday, September 9th. The stock was sold at an average price of $65.28, for a total transaction of $73,766.40. Following the transaction, the director directly owned 4,461 shares in the company, valued at $291,214.08. This trade represents a 20.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Susan Swanezy sold 15,700 shares of the firm’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $63.80, for a total value of $1,001,660.00. Following the transaction, the director owned 28,934 shares in the company, valued at approximately $1,845,989.20. This trade represents a 35.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 58,286 shares of company stock valued at $3,735,822 in the last three months. 1.20% of the stock is currently owned by company insiders.

About Vivmark Residential Common Shares of Beneficial Interest

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, D.C., Seattle, San Francisco, Southern California and Denver.