Corporación Inmobiliaria Vesta, S.A.B. de C.V. (NYSE:VTMX - Get Free Report) hit a new 52-week low on Friday . The stock traded as low as $23.14 and last traded at $23.34, with a volume of 93717 shares. The stock had previously closed at $23.66.
Separately, Barclays dropped their price objective on shares of Corporación Inmobiliaria Vesta from $38.00 to $35.00 and set an "overweight" rating on the stock in a research note on Wednesday, November 27th.
Check Out Our Latest Research Report on Corporación Inmobiliaria Vesta
The firm has a fifty day moving average of $25.44 and a 200-day moving average of $26.06. The company has a quick ratio of 4.59, a current ratio of 2.68 and a debt-to-equity ratio of 0.31. The stock has a market capitalization of $20.16 billion, a price-to-earnings ratio of 9.97 and a beta of 0.95.
Corporación Inmobiliaria Vesta (NYSE:VTMX - Get Free Report) last released its quarterly earnings results on Tuesday, February 18th. The company reported ($0.76) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($1.10). The firm had revenue of $65.20 million for the quarter, compared to analyst estimates of $66.43 million. Corporación Inmobiliaria Vesta had a return on equity of 8.52% and a net margin of 88.52%. As a group, sell-side analysts anticipate that Corporación Inmobiliaria Vesta, S.A.B. de C.V. will post 2.2 EPS for the current year.
Several institutional investors and hedge funds have recently modified their holdings of the business. BNP Paribas Financial Markets acquired a new position in shares of Corporación Inmobiliaria Vesta during the 4th quarter worth approximately $490,000. Marshall Wace LLP increased its position in Corporación Inmobiliaria Vesta by 12.5% during the fourth quarter. Marshall Wace LLP now owns 168,194 shares of the company's stock worth $4,306,000 after buying an additional 18,682 shares in the last quarter. Finally, Centersquare Investment Management LLC increased its position in Corporación Inmobiliaria Vesta by 8.5% during the fourth quarter. Centersquare Investment Management LLC now owns 442,212 shares of the company's stock worth $11,321,000 after buying an additional 34,620 shares in the last quarter. Hedge funds and other institutional investors own 6.61% of the company's stock.
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.
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