Corporacion Inmobiliaria Vesta (NYSE:VTMX) Insider Romero Alejandro Pucheu Sells 52,350 Shares of Company Stock

Corporacion Inmobiliaria Vesta, S.A.B. de C.V. Sponsored ADR (NYSE:VTMX) insider Romero Pucheu sold 52,350 shares of Corporacion Inmobiliaria Vesta stock in a transaction on Tuesday, November 3rd. The stock was sold at an average price of $3.64, for a total transaction of $190,554.00. Following the completion of the transaction, the insider owned 302,287 shares in the company, valued at approximately $1,100,324.68. The trade was a 14.76% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Romero Alejandro Pucheu also recently made the following trade(s):

• On Friday, October 30th, Romero Pucheu sold 57,650 shares of Corporacion Inmobiliaria Vesta stock. The stock was sold at an average price of $3.63, for a total transaction of $209,269.50.

Corporacion Inmobiliaria Vesta Stock Performance

NYSE VTMX opened at $36.13 on Wednesday. The company has a 50-day simple moving average of $34.33 and a two-hundred day simple moving average of $34.13. The company has a quick ratio of 3.46, a current ratio of 3.46 and a debt-to-equity ratio of 0.33. Corporacion Inmobiliaria Vesta, S.A.B. de C.V. Sponsored ADR has a 12-month low of $29.45 and a 12-month high of $38.29. The firm has a market cap of $3.48 billion, a price-to-earnings ratio of 6.58, a PEG ratio of 3.63 and a beta of 0.59.

Corporacion Inmobiliaria Vesta (NYSE:VTMX) last announced its quarterly earnings data on Thursday, October 22nd. The company reported $1.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.46 by $0.72. The firm had revenue of $79.56 million for the quarter, compared to analysts’ expectations of $79.15 million. Corporacion Inmobiliaria Vesta had a return on equity of 16.24% and a net margin of 156.69%. On average, equities analysts forecast 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 business also recently declared a quarterly dividend, which was paid on Thursday, October 22nd. Investors of record on Wednesday, October 14th were given a dividend of $0.1999 per share. This represents a $0.80 annualized dividend and a yield of 2.2%. The ex-dividend date was Wednesday, October 14th. Corporacion Inmobiliaria Vesta’s dividend payout ratio (DPR) is presently 12.20%.

Analysts Set New Price Targets

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

Corporacion Inmobiliaria Vesta News Summary

Here are the key news stories impacting Corporacion Inmobiliaria Vesta this week:

• Positive Sentiment: Vesta’s latest reported quarter was stronger than expected: EPS was $1.18 versus analysts’ $0.46 estimate, and revenue also edged past expectations. Vesta company and earnings information
• Neutral Sentiment: Analyst opinions remain mixed, with two Buy and three Hold ratings and an average price target of $42. Vesta analyst and company information
• Negative Sentiment: CEO Lorenzo Berho sold 250,000 shares, reducing his stake by 7.18%. Insider Romero Pucheu also reported sales of 57,650 shares and a further 52,350 shares, while Diego Berho Carranza sold 3,814 shares. The cluster of sales—particularly the CEO’s transaction—could weigh on sentiment, although the reports provide no indication that the sales reflect a change in the company’s outlook. Report on CEO share sale Report on insider share sales

Corporacion Inmobiliaria Vesta Company Profile

Corporación Inmobiliaria Vesta, SAB. de C.V., commonly known as Vesta, is a Mexican industrial real estate company focused on the development, acquisition, ownership, leasing and management of industrial properties. Its portfolio is designed to support manufacturing, logistics, distribution and other business operations.

Vesta provides industrial buildings, build-to-suit facilities and logistics-oriented properties for domestic and international companies. The company’s properties are located in major industrial markets across Mexico, including regions serving automotive, aerospace, electronics, logistics and other manufacturing activities.

Vesta was established in Mexico in 1998 and has expanded its platform alongside the country’s manufacturing and nearshoring industries.