14,832 Shares of Vivmark Residential Common Shares of Beneficial Interest $VMRK Bought by Kintegral Advisory LLC

Kintegral Advisory LLC bought a new position in Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 14,832 shares of the company’s stock, valued at approximately $901,000.

A number of other institutional investors also recently modified their holdings of VMRK. Pensionfund Sabic bought a new stake in shares of Vivmark Residential Common Shares of Beneficial Interest during the third quarter valued at approximately $3,181,000. Red Spruce Capital LLC acquired a new stake in shares of Vivmark Residential Common Shares of Beneficial Interest in the third quarter valued at approximately $1,367,000. Pensionfund PDN acquired a new stake in shares of Vivmark Residential Common Shares of Beneficial Interest in the third quarter valued at approximately $6,617,000. Perpetual Ltd acquired a new stake in shares of Vivmark Residential Common Shares of Beneficial Interest in the third quarter valued at approximately $26,651,000. Finally, Ferguson Wellman Capital Management Inc. bought a new position in Vivmark Residential Common Shares of Beneficial Interest in the 3rd quarter worth approximately $42,080,000. 92.68% of the stock is owned by institutional investors.

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

In related news, EVP Edward M. Schulman sold 16,595 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $64.29, for a total transaction of $1,066,892.55. Following the completion of the sale, the executive vice president directly owned 48,776 shares of the company’s stock, valued at $3,135,809.04. The trade was a 25.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Charles E. Mueller, Jr. sold 8,000 shares of the stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $63.90, for a total transaction of $511,200.00. Following the completion of the transaction, the director owned 16,084 shares in the company, valued at $1,027,767.60. This represents a 33.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 58,286 shares of company stock valued at $3,735,822 over the last 90 days. Company insiders own 1.20% of the company’s stock.

Vivmark Residential Common Shares of Beneficial Interest Stock Up 0.1%

Shares of VMRK stock opened at $61.23 on Friday. The firm has a market capitalization of $22.96 billion, a price-to-earnings ratio of 26.62, a price-to-earnings-growth ratio of 3.55 and a beta of 0.74. Vivmark Residential Common Shares of Beneficial Interest has a 12 month low of $57.57 and a 12 month high of $71.50. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.19 and a current ratio of 0.19. The stock has a 50-day moving average price of $63.27.

Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) last released its earnings results on Wednesday, July 22nd. The company reported $0.30 earnings per share (EPS) for the quarter. The company had revenue of $785.05 million for the quarter. Vivmark Residential Common Shares of Beneficial Interest had a net margin of 27.97% and a return on equity of 8.06%. Sell-side analysts predict that Vivmark Residential Common Shares of Beneficial Interest will post 4.07 earnings per share for the current fiscal year.

Vivmark Residential Common Shares of Beneficial Interest Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Monday, October 5th were given a dividend of $0.7025 per share. The ex-dividend date was Monday, October 5th. This represents a $2.81 annualized dividend and a dividend yield of 4.6%. Vivmark Residential Common Shares of Beneficial Interest’s payout ratio is currently 122.17%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on VMRK. JPMorgan Chase & Co. started coverage on shares of Vivmark Residential Common Shares of Beneficial Interest in a research report on Monday, August 24th. They issued a “neutral” rating and a $73.00 price objective for the company. Piper Sandler decreased their price objective on Vivmark Residential Common Shares of Beneficial Interest from $76.00 to $67.00 and set a “neutral” rating on the stock in a research report on Monday, October 12th. Royal Bank Of Canada decreased their price objective on Vivmark Residential Common Shares of Beneficial Interest from $71.00 to $67.00 and set a “sector perform” rating on the stock in a research report on Tuesday, October 13th. Morgan Stanley initiated coverage on Vivmark Residential Common Shares of Beneficial Interest in a research note on Tuesday, August 25th. They issued an “overweight” rating and a $75.00 target price for the company. Finally, BMO Capital Markets lowered their target price on Vivmark Residential Common Shares of Beneficial Interest from $75.00 to $74.00 and set a “market perform” rating for the company in a research note on Monday, August 24th. Five analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $71.73.

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.