12,414 Shares in Vivmark Residential Common Shares of Beneficial Interest $VMRK Purchased by Guidance Capital Inc.

Guidance Capital Inc. bought a new stake in Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) during the 3rd quarter, Holdings Channel.com reports. The firm bought 12,414 shares of the company’s stock, valued at approximately $772,000.

Other institutional investors have also recently bought and sold shares of the company. Blume Capital Management Inc. acquired a new position in Vivmark Residential Common Shares of Beneficial Interest during the 3rd quarter worth approximately $25,000. Physician Wealth Advisors Inc. acquired a new stake in shares of Vivmark Residential Common Shares of Beneficial Interest in the third quarter valued at approximately $27,000. Farmers & Merchants Investments Inc. acquired a new stake in shares of Vivmark Residential Common Shares of Beneficial Interest in the third quarter valued at approximately $31,000. Planning Strategies Inc. lifted its position in shares of Vivmark Residential Common Shares of Beneficial Interest by 87.5% in the third quarter. Planning Strategies Inc. now owns 538 shares of the company’s stock worth $33,000 after purchasing an additional 251 shares in the last quarter. Finally, Mather Group LLC. bought a new stake in shares of Vivmark Residential Common Shares of Beneficial Interest in the third quarter worth $33,000. Institutional investors own 92.68% of the company’s stock.

Insider Activity at Vivmark Residential Common Shares of Beneficial Interest

In other news, Director Christopher B. Howard sold 8,486 shares of the company’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $64.00, for a total value of $543,104.00. Following the sale, the director directly owned 12,730 shares of the company’s stock, valued at approximately $814,720. This represents a 40.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Michael L. Manelis sold 7,825 shares of the company’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $64.31, for a total transaction of $503,225.75. Following the completion of the sale, the chief operating officer directly owned 44,713 shares in the company, valued at approximately $2,875,493.03. The trade was a 14.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 58,286 shares of company stock worth $3,735,822 over the last ninety days. Company insiders own 1.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on VMRK. Mizuho upgraded shares of Vivmark Residential Common Shares of Beneficial Interest from a “neutral” rating to an “outperform” rating and increased their target price for the stock from $70.00 to $73.00 in a report on Tuesday, September 8th. Cantor Fitzgerald assumed coverage on shares of Vivmark Residential Common Shares of Beneficial Interest in a research note on Tuesday, August 25th. They issued a “neutral” rating and a $70.00 price target on the stock. Stifel Nicolaus cut their price target on shares of Vivmark Residential Common Shares of Beneficial Interest from $79.00 to $78.50 and set a “buy” rating on the stock in a research report on Wednesday, August 19th. Barclays reduced their price objective on shares of Vivmark Residential Common Shares of Beneficial Interest from $75.00 to $74.00 and set an “equal weight” rating for the company in a research note on Wednesday, October 14th. Finally, Morgan Stanley started coverage on shares of Vivmark Residential Common Shares of Beneficial Interest in a research note on Tuesday, August 25th. They set an “overweight” rating and a $75.00 price objective for the company. Five analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $71.42.

Vivmark Residential Common Shares of Beneficial Interest Price Performance

VMRK stock traded up $0.28 during mid-day trading on Friday, reaching $65.53. The company had a trading volume of 6,354,886 shares, compared to its average volume of 4,300,523. The company has a market capitalization of $24.57 billion, a P/E ratio of 242.69, a price-to-earnings-growth ratio of 3.61 and a beta of 0.72. Vivmark Residential Common Shares of Beneficial Interest has a 52 week low of $57.57 and a 52 week high of $71.50. The stock’s 50 day moving average is $62.60. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.19 and a quick ratio of 0.19.

Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) last posted its quarterly earnings results on Wednesday, July 22nd. The company reported $0.30 earnings per share (EPS) for the quarter. The firm 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%. On average, equities analysts predict that Vivmark Residential Common Shares of Beneficial Interest will post 4.07 EPS for the current year.

Vivmark Residential Common Shares of Beneficial Interest Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Monday, October 5th were paid 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 4.3%. Vivmark Residential Common Shares of Beneficial Interest’s payout ratio is currently 1,040.74%.

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.