Insider Selling: Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) CAO Sells $19,893.00 in Stock

Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) CAO Sean Thomas Willson sold 300 shares of the business’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of $66.31, for a total value of $19,893.00. Following the completion of the sale, the chief accounting officer owned 17,988 shares of the company’s stock, valued at $1,192,784.28. This trade represents a 1.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Sean Thomas Willson also recently made the following trade(s):

• On Wednesday, August 19th, Sean Thomas Willson sold 250 shares of Vivmark Residential Common Shares of Beneficial Interest stock. The shares were sold at an average price of $64.32, for a total value of $16,080.00.

Vivmark Residential Common Shares of Beneficial Interest Stock Up 2.4%

VMRK stock traded up $1.60 during trading hours on Monday, hitting $68.39. 6,267,974 shares of the stock were exchanged, compared to its average volume of 3,065,440. Vivmark Residential Common Shares of Beneficial Interest has a 12 month low of $57.57 and a 12 month high of $71.50. 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 stock has a market capitalization of $25.64 billion, a price-to-earnings ratio of 29.74, a PEG ratio of 5.62 and a beta of 0.73.

Institutional Investors Weigh In On Vivmark Residential Common Shares of Beneficial Interest

An institutional investor recently bought a new stake in Vivmark Residential Common Shares of Beneficial Interest stock. Syon Capital LLC purchased a new stake in Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 5,206 shares of the company’s stock, valued at approximately $354,000. Institutional investors own 92.68% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on VMRK shares. JPMorgan Chase & Co. began coverage on shares of Vivmark Residential Common Shares of Beneficial Interest in a research note on Monday. They issued a “neutral” rating and a $73.00 price objective for the company. Stifel Nicolaus lowered their target price 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 report on Wednesday, August 19th. Evercore started coverage on shares of Vivmark Residential Common Shares of Beneficial Interest in a research report on Tuesday, August 18th. They issued an “in-line” rating and a $72.00 price target for the company. Weiss Ratings started coverage on Vivmark Residential Common Shares of Beneficial Interest in a research note on Wednesday. They issued a “hold (c)” rating for the company. Finally, Wells Fargo & Company started coverage on Vivmark Residential Common Shares of Beneficial Interest in a research report on Friday. They set an “overweight” rating and a $72.00 price target on the stock. Two investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $73.90.

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.