Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) Receives Neutral Rating from Cantor Fitzgerald

Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK)‘s stock had its “neutral” rating reaffirmed by equities researchers at Cantor Fitzgerald in a report issued on Tuesday,Benzinga reports. They currently have a $70.00 price objective on the stock. Cantor Fitzgerald’s price objective suggests a potential upside of 2.35% from the stock’s previous close.

Other equities analysts have also issued reports about the company. JPMorgan Chase & Co. assumed coverage on Vivmark Residential Common Shares of Beneficial Interest in a research note on Monday. They issued a “neutral” rating and a $73.00 price objective on the stock. Weiss Ratings assumed coverage on Vivmark Residential Common Shares of Beneficial Interest in a research report on Wednesday, August 19th. They issued a “hold (c)” rating on the stock. BMO Capital Markets cut their price target 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 report on Monday. Wells Fargo & Company began coverage on Vivmark Residential Common Shares of Beneficial Interest in a report on Friday. They set an “overweight” rating and a $72.00 price target for the company. Finally, Evercore began coverage on shares of Vivmark Residential Common Shares of Beneficial Interest in a research note on Tuesday, August 18th. They set an “in-line” rating and a $72.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, Vivmark Residential Common Shares of Beneficial Interest presently has a consensus rating of “Hold” and an average target price of $73.25.

Vivmark Residential Common Shares of Beneficial Interest Trading Up 2.4%

Shares of VMRK opened at $68.39 on Tuesday. The firm has a market capitalization of $25.64 billion, a P/E ratio of 16.45, a PEG ratio of 5.62 and a beta of 0.73. The company has a current ratio of 0.19, a quick ratio of 0.19 and a debt-to-equity ratio of 0.77. Vivmark Residential Common Shares of Beneficial Interest has a one year low of $57.57 and a one year high of $71.50.

Insider Activity at Vivmark Residential Common Shares of Beneficial Interest

In other news, EVP Edward M. Schulman sold 16,595 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $64.29, for a total transaction of $1,066,892.55. Following the sale, the executive vice president directly owned 48,776 shares in the company, valued at approximately $3,135,809.04. The trade was a 25.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Susan Swanezy sold 15,700 shares of Vivmark Residential Common Shares of Beneficial Interest stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $63.80, for a total transaction of $1,001,660.00. Following the sale, the director owned 28,934 shares in the company, valued at $1,845,989.20. This represents a 35.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 57,156 shares of company stock worth $3,662,055 in the last three months. Company insiders own 1.20% of the company’s stock.

Institutional Trading of Vivmark Residential Common Shares of Beneficial Interest

A hedge fund recently bought a new position in Vivmark Residential Common Shares of Beneficial Interest stock. Syon Capital LLC acquired a new stake in shares of Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 5,206 shares of the company’s stock, valued at approximately $354,000. Institutional investors own 92.68% of the company’s stock.

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, DC, Seattle, San Francisco, Southern California and Denver.