Insider Selling: Corporacion Inmobiliaria Vesta (NYSE:VTMX) Insider Sells 23,911 Shares of Stock

Corporacion Inmobiliaria Vesta, S.A.B. de C.V. Sponsored ADR (NYSE:VTMX – Get Free Report) insider Diego Berho Carranza sold 23,911 shares of the business’s stock in a transaction dated Friday, November 6th. The stock was sold at an average price of $3.75, for a total transaction of $89,666.25. Following the sale, the insider directly owned 1,582,750 shares of the company’s stock, valued at approximately $5,935,312.50. The trade was a 1.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Carranza Diego Berho also recently made the following trade(s):

  • On Thursday, November 5th, Diego Berho Carranza sold 30,000 shares of Corporacion Inmobiliaria Vesta stock. The stock was sold at an average price of $3.70, for a total transaction of $111,000.00.
  • On Wednesday, November 4th, Diego Berho Carranza sold 45,000 shares of Corporacion Inmobiliaria Vesta stock. The stock was sold at an average price of $3.73, for a total transaction of $167,850.00.
  • On Tuesday, November 3rd, Diego Berho Carranza sold 30,000 shares of Corporacion Inmobiliaria Vesta stock. The shares were sold at an average price of $3.64, for a total transaction of $109,200.00.
  • On Friday, October 30th, Diego Berho Carranza sold 3,814 shares of Corporacion Inmobiliaria Vesta stock. The shares were sold at an average price of $3.65, for a total value of $13,921.10.
  • On Friday, September 4th, Diego Berho Carranza sold 6,219 shares of Corporacion Inmobiliaria Vesta stock. The shares were sold at an average price of $3.48, for a total value of $21,642.12.

Corporacion Inmobiliaria Vesta Stock Up 2.0%

VTMX traded up $0.76 during midday trading on Monday, reaching $38.38. 16,200 shares of the company were exchanged, compared to its average volume of 85,626. The company has a debt-to-equity ratio of 0.33, a quick ratio of 3.46 and a current ratio of 3.46. The company’s fifty day moving average price is $34.48 and its 200 day moving average price is $34.20. The company has a market cap of $3.69 billion, a price-to-earnings ratio of 7.00, a price-to-earnings-growth ratio of 3.76 and a beta of 0.59. Corporacion Inmobiliaria Vesta, S.A.B. de C.V. Sponsored ADR has a one year low of $29.63 and a one year high of $38.44.

Corporacion Inmobiliaria Vesta (NYSE:VTMX – Get Free Report) last issued its quarterly earnings data on Thursday, October 22nd. The company reported $1.18 EPS for the quarter, topping the consensus estimate of $0.46 by $0.72. Corporacion Inmobiliaria Vesta had a return on equity of 16.24% and a net margin of 156.69%. The firm had revenue of $79.56 million during the quarter, compared to the consensus estimate of $79.15 million. As a group, analysts expect that Corporacion Inmobiliaria Vesta, S.A.B. de C.V. Sponsored ADR will post 3.00 EPS for the current year.

Corporacion Inmobiliaria Vesta Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 22nd. Shareholders of record on Wednesday, October 14th were issued a dividend of $0.1999 per share. This represents a $0.80 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Wednesday, October 14th. Corporacion Inmobiliaria Vesta’s payout ratio is currently 12.20%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded shares of Corporacion Inmobiliaria Vesta from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, October 26th. Two research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $42.00.

Read Our Latest Report on VTMX

About Corporacion Inmobiliaria Vesta

(Get Free Report)

See Also

Insider Buying and Selling by Quarter for Corporacion Inmobiliaria Vesta (NYSE:VTMX)

Receive News & Ratings for Corporacion Inmobiliaria Vesta Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Corporacion Inmobiliaria Vesta and related companies with MarketBeat.com's FREE daily email newsletter.