Corporación Inmobiliaria Vesta, S.A.B. de C.V. (NYSE:VTMX - Get Free Report) saw an uptick in trading volume on Monday . 636,992 shares changed hands during mid-day trading, an increase of 259% from the previous session's volume of 177,452 shares.The stock last traded at $24.42 and had previously closed at $24.46.
Analyst Ratings Changes
Separately, Barclays dropped their price target on Corporación Inmobiliaria Vesta from $38.00 to $35.00 and set an "overweight" rating for the company in a research note on Wednesday, November 27th.
Check Out Our Latest Report on VTMX
Corporación Inmobiliaria Vesta Stock Down 1.9 %
The business's 50 day simple moving average is $25.47 and its 200 day simple moving average is $26.08. The company has a current ratio of 2.68, a quick ratio of 4.59 and a debt-to-equity ratio of 0.31. The firm has a market capitalization of $20.28 billion, a PE ratio of 10.03 and a beta of 0.95.
Corporación Inmobiliaria Vesta (NYSE:VTMX - Get Free Report) last issued its quarterly earnings data on Tuesday, February 18th. The company reported ($0.76) earnings per share for the quarter, missing the consensus estimate 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 company had revenue of $65.20 million for the quarter, compared to the consensus estimate of $66.43 million. On average, equities research analysts forecast that Corporación Inmobiliaria Vesta, S.A.B. de C.V. will post 2.2 earnings per share for the current year.
Institutional Trading of Corporación Inmobiliaria Vesta
A number of institutional investors have recently bought and sold shares of VTMX. BNP Paribas Financial Markets bought a new stake in shares of Corporación Inmobiliaria Vesta in the 4th quarter worth about $490,000. Marshall Wace LLP lifted its stake in Corporación Inmobiliaria Vesta by 12.5% in the fourth quarter. Marshall Wace LLP now owns 168,194 shares of the company's stock worth $4,306,000 after purchasing an additional 18,682 shares during the last quarter. Finally, Centersquare Investment Management LLC boosted its position in shares of Corporación Inmobiliaria Vesta by 8.5% during the fourth quarter. Centersquare Investment Management LLC now owns 442,212 shares of the company's stock valued at $11,321,000 after buying an additional 34,620 shares during the period. 6.61% of the stock is currently owned by institutional investors.
About Corporación Inmobiliaria Vesta
(
Get Free Report)
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.
Featured Stories
Before you consider Corporación Inmobiliaria Vesta, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Corporación Inmobiliaria Vesta wasn't on the list.
While Corporación Inmobiliaria Vesta currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
