685,256 Shares in Vivmark Residential Common Shares of Beneficial Interest $VMRK Bought by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. acquired a new position in shares of Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) during the third quarter, Holdings Channel.com reports. The institutional investor acquired 685,256 shares of the company’s stock, valued at approximately $41,636,000.

Other large investors have also recently bought and sold shares of the company. Ferguson Wellman Capital Management Inc. purchased a new position in Vivmark Residential Common Shares of Beneficial Interest in the third quarter worth $42,080,000. Fort Washington Investment Advisors Inc. OH purchased a new stake in shares of Vivmark Residential Common Shares of Beneficial Interest during the 3rd quarter worth $38,810,000. State of Alaska Department of Revenue purchased a new stake in shares of Vivmark Residential Common Shares of Beneficial Interest during the 3rd quarter worth $27,330,000. Perpetual Ltd acquired a new position in shares of Vivmark Residential Common Shares of Beneficial Interest during the 3rd quarter worth $26,651,000. Finally, Sumitomo Mitsui DS Asset Management Company Ltd acquired a new position in shares of Vivmark Residential Common Shares of Beneficial Interest during the 3rd quarter worth $17,486,000. Hedge funds and other institutional investors own 92.68% of the company’s stock.

Insider Transactions at Vivmark Residential Common Shares of Beneficial Interest

In other Vivmark Residential Common Shares of Beneficial Interest news, Director Susan Swanezy sold 15,700 shares of Vivmark Residential Common Shares of Beneficial Interest stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $63.80, for a total value of $1,001,660.00. Following the completion of the sale, the director owned 28,934 shares in the company, valued at $1,845,989.20. The trade was a 35.17% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Charles E. Mueller, Jr. sold 8,000 shares of the company’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $63.90, for a total transaction of $511,200.00. Following the transaction, the director directly owned 16,084 shares of the company’s stock, valued at approximately $1,027,767.60. This represents a 33.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 58,286 shares of company stock worth $3,735,822 in the last quarter. 1.20% of the stock is currently owned by corporate insiders.

Vivmark Residential Common Shares of Beneficial Interest Stock Performance

Shares of VMRK opened at $63.62 on Friday. The company has a fifty day simple moving average of $63.16. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.19 and a quick ratio of 0.19. The firm has a market cap of $23.86 billion, a P/E ratio of 27.66, a PEG ratio of 3.60 and a beta of 0.74. Vivmark Residential Common Shares of Beneficial Interest has a fifty-two week low of $57.57 and a fifty-two week high of $71.50.

Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) last posted its quarterly earnings data on Wednesday, July 22nd. The company reported $0.30 earnings per share (EPS) for the quarter. The business had revenue of $785.05 million for the quarter. Vivmark Residential Common Shares of Beneficial Interest had a return on equity of 8.06% and a net margin of 27.97%. As a group, equities research analysts forecast 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 Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, October 16th. Shareholders of record on Monday, October 5th were paid a $0.7025 dividend. This represents a $2.81 dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend was Monday, October 5th. Vivmark Residential Common Shares of Beneficial Interest’s dividend payout ratio (DPR) is presently 122.17%.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on VMRK shares. BMO Capital Markets cut their price target on shares of 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, August 24th. UBS Group decreased their price objective on shares of Vivmark Residential Common Shares of Beneficial Interest from $75.00 to $71.00 and set a “buy” rating on the stock in a report on Wednesday, October 14th. BTIG Research restated a “neutral” rating on shares of Vivmark Residential Common Shares of Beneficial Interest in a research report on Thursday, September 17th. Wells Fargo & Company dropped their price objective on Vivmark Residential Common Shares of Beneficial Interest from $72.00 to $68.00 and set an “overweight” rating for the company in a research note on Monday. Finally, Royal Bank Of Canada cut their target price on shares of Vivmark Residential Common Shares of Beneficial Interest from $71.00 to $67.00 and set a “sector perform” rating for the company in a research report on Tuesday, October 13th. Five analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat.com, Vivmark Residential Common Shares of Beneficial Interest presently has a consensus rating of “Hold” and a consensus target price of $71.42.

Vivmark Residential Common Shares of Beneficial Interest Company 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.