Centersquare Investment Management LLC Boosts Stake in Corporación Inmobiliaria Vesta, S.A.B. de C.V. (NYSE:VTMX)

Centersquare Investment Management LLC grew its stake in Corporación Inmobiliaria Vesta, S.A.B. de C.V. (NYSE:VTMX - Free Report) by 8.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 442,212 shares of the company's stock after purchasing an additional 34,620 shares during the quarter. Centersquare Investment Management LLC owned about 0.05% of Corporación Inmobiliaria Vesta worth $11,321,000 at the end of the most recent quarter.

Corporación Inmobiliaria Vesta Stock Down 1.5 %

VTMX stock traded down $0.32 on Wednesday, reaching $21.49. 78,420 shares of the company traded hands, compared to its average volume of 177,533. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.68 and a quick ratio of 4.59. The firm has a fifty day simple moving average of $24.40 and a 200-day simple moving average of $25.13. Corporación Inmobiliaria Vesta, S.A.B. de C.V. has a one year low of $21.31 and a one year high of $41.40. The company has a market cap of $18.57 billion, a P/E ratio of 9.18 and a beta of 0.89.

Corporación Inmobiliaria Vesta (NYSE:VTMX - Get Free Report) last announced its quarterly earnings results on Tuesday, February 18th. The company reported ($0.76) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.34 by ($1.10). Corporación Inmobiliaria Vesta had a return on equity of 8.52% and a net margin of 88.52%. The firm had revenue of $65.20 million during the quarter, compared to the consensus estimate of $66.43 million. Research analysts anticipate that Corporación Inmobiliaria Vesta, S.A.B. de C.V. will post 2.2 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on VTMX shares. The Goldman Sachs Group reiterated a "sell" rating and issued a $21.00 price objective (down previously from $31.00) on shares of Corporación Inmobiliaria Vesta in a report on Tuesday, March 25th. Barclays lowered their price target on shares of Corporación Inmobiliaria Vesta from $35.00 to $34.00 and set an "overweight" rating for the company in a research report on Thursday, March 6th.

Corporación Inmobiliaria Vesta Company Profile

Corporación Inmobiliaria Vesta, SAB. de C.V., together with its subsidiaries, acquires, develops, manages, operates, and leases industrial buildings and distribution facilities in Mexico. The company was incorporated in 1998 and is headquartered in Mexico City, Mexico.