685,256 Shares in Vivmark Residential Common Shares of Beneficial Interest $VMRK Purchased by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. purchased a new position in shares of Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 685,256 shares of the company’s stock, valued at approximately $41,636,000. Robeco Institutional Asset Management B.V. owned 0.18% of Vivmark Residential Common Shares of Beneficial Interest as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Planning Strategies Inc. lifted its stake in Vivmark Residential Common Shares of Beneficial Interest by 87.5% in the third quarter. Planning Strategies Inc. now owns 538 shares of the company’s stock valued at $33,000 after buying an additional 251 shares during the last quarter. Rosenberg Matthew Hamilton boosted its holdings in shares of Vivmark Residential Common Shares of Beneficial Interest by 47.8% in the third quarter. Rosenberg Matthew Hamilton now owns 1,301 shares of the company’s stock valued at $79,000 after acquiring an additional 421 shares during the period. Mather Group LLC. purchased a new position in shares of Vivmark Residential Common Shares of Beneficial Interest during the third quarter worth approximately $33,000. IFP Advisors Inc purchased a new position in shares of Vivmark Residential Common Shares of Beneficial Interest during the third quarter worth approximately $38,000. Finally, First Financial Corp IN acquired a new position in shares of Vivmark Residential Common Shares of Beneficial Interest in the 3rd quarter valued at $42,000. Institutional investors and hedge funds own 92.68% of the company’s stock.

Vivmark Residential Common Shares of Beneficial Interest Trading Up 2.6%

NYSE:VMRK opened at $63.62 on Friday. The firm has a market capitalization of $23.86 billion, a price-to-earnings ratio of 27.66, a P/E/G ratio of 3.60 and a beta of 0.74. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.19 and a current ratio of 0.19. The company has a 50 day moving average of $63.16. Vivmark Residential Common Shares of Beneficial Interest has a 12-month low of $57.57 and a 12-month high of $71.50.

Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) last issued its quarterly earnings results on Wednesday, July 22nd. The company reported $0.30 earnings per share for the quarter. Vivmark Residential Common Shares of Beneficial Interest had a return on equity of 8.06% and a net margin of 27.97%. The firm had revenue of $785.05 million during the quarter. Research analysts forecast that Vivmark Residential Common Shares of Beneficial Interest will post 4.07 EPS for the current fiscal year.

Vivmark Residential Common Shares of Beneficial Interest Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Shareholders of record on Monday, October 5th were paid a $0.7025 dividend. This represents a $2.81 annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend was Monday, October 5th. Vivmark Residential Common Shares of Beneficial Interest’s payout ratio is currently 122.17%.

Insider Buying and Selling

In other Vivmark Residential Common Shares of Beneficial Interest news, Director Charles E. Mueller, Jr. sold 8,000 shares of the company’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $63.90, for a total transaction of $511,200.00. Following the completion of the transaction, the director owned 16,084 shares in the company, valued at approximately $1,027,767.60. This represents a 33.22% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Susan Swanezy sold 15,700 shares of the firm’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $63.80, for a total transaction of $1,001,660.00. Following the completion of the sale, the director owned 28,934 shares of the company’s stock, valued at $1,845,989.20. This trade represents a 35.17% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 58,286 shares of company stock worth $3,735,822 in the last ninety days. Insiders own 1.20% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. Weiss Ratings started coverage on shares of Vivmark Residential Common Shares of Beneficial Interest in a research report on Wednesday, August 19th. They issued a “hold (c)” rating for the company. Royal Bank Of Canada lowered their price objective on shares of Vivmark Residential Common Shares of Beneficial Interest from $71.00 to $67.00 and set a “sector perform” rating on the stock in a research report on Tuesday, October 13th. JPMorgan Chase & Co. assumed coverage on shares of Vivmark Residential Common Shares of Beneficial Interest in a research note on Monday, August 24th. They issued a “neutral” rating and a $73.00 price objective on the stock. BMO Capital Markets reduced their target price on shares of Vivmark Residential Common Shares of Beneficial Interest from $75.00 to $74.00 and set a “market perform” rating for the company in a report on Monday, August 24th. Finally, Morgan Stanley initiated coverage on shares of Vivmark Residential Common Shares of Beneficial Interest in a report on Tuesday, August 25th. They issued an “overweight” rating and a $75.00 target price for the company. Five analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $71.42.

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.