Vivmark Residential Common Shares of Beneficial Interest’s (VMRK) “Neutral” Rating Reiterated at Cantor Fitzgerald

Cantor Fitzgerald reissued their neutral rating on shares of Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) in a report issued on Tuesday morning,Benzinga reports. The brokerage currently has a $70.00 target price on the stock.

A number of other brokerages also recently issued reports on VMRK. JPMorgan Chase & Co. began coverage on shares of Vivmark Residential Common Shares of Beneficial Interest in a report on Monday. They set a “neutral” rating and a $73.00 price target on the stock. Weiss Ratings started coverage on shares of Vivmark Residential Common Shares of Beneficial Interest in a report on Wednesday, August 19th. They set a “hold (c)” rating for the company. Stifel Nicolaus lowered their price objective 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. BMO Capital Markets lowered their price objective on shares of Vivmark Residential Common Shares of Beneficial Interest from $75.00 to $74.00 and set a “market perform” rating on the stock in a research report on Monday. Finally, Wells Fargo & Company started coverage on shares of Vivmark Residential Common Shares of Beneficial Interest in a report on Friday, August 21st. They issued an “overweight” rating and a $72.00 target price on the stock. Three investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $73.81.

Vivmark Residential Common Shares of Beneficial Interest Trading Down 1.9%

NYSE VMRK opened at $65.54 on Tuesday. Vivmark Residential Common Shares of Beneficial Interest has a one year low of $57.57 and a one year high of $71.50. The stock has a market capitalization of $24.57 billion, a P/E ratio of 28.68, a price-to-earnings-growth ratio of 3.67 and a beta of 0.73. The company has a quick ratio of 0.19, a current ratio of 0.19 and a debt-to-equity ratio of 0.77.

Insider Buying and Selling

In other Vivmark Residential Common Shares of Beneficial Interest news, EVP Edward M. Schulman sold 16,595 shares of the business’s stock in a transaction dated 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 completion of the sale, the executive vice president directly owned 48,776 shares in the company, valued at $3,135,809.04. The trade was a 25.39% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Charles E. Mueller, Jr. sold 8,000 shares of the business’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $63.90, for a total value of $511,200.00. Following the sale, the director owned 16,084 shares of the company’s stock, valued at approximately $1,027,767.60. This represents a 33.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 57,156 shares of company stock valued at $3,662,055 in the last 90 days. Insiders own 1.20% of the company’s stock.

Hedge Funds Weigh In On Vivmark Residential Common Shares of Beneficial Interest

An institutional investor recently bought a new position in Vivmark Residential Common Shares of Beneficial Interest stock. Syon Capital LLC acquired a new position in Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) during the second quarter, according to the company in 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.