Camden Property Trust (NYSE:CPT) Trading Up - Insider Trading Activity

The business's revenue for the quarter was up.4% compared to the same quarter a year ago. The firm owned 209,674 shares of the real estate investment trust's stock after selling 3,800 shares during the period. Virtu KCG Holdings LLC now owns 8,890 shares of the real estate investment trust's stock valued at $760,000 after buying an additional 4,846 shares during the last quarter. Following the completion of the transaction, the director now owns 14,284 shares in the company, valued at $1,245,279.12. Macquarie Group Ltd. boosted its position in Camden Property Trust by 3.7% in the fourth quarter. During the same quarter in the previous year, the business posted $1.15 EPS.

The P/E ratio is 20.21 and the market cap is 7.92B. Barclays raised their price objective on Camden Property Trust from $85.00 to $86.00 and issued the shares an "equal weight" recommendation in a analysis note on Tue, Jul 18th. Renaissance Technologies LLC acquired a new stake in Camden Property Trust during the fourth quarter worth $647,000. The value of the investment in Camden Property Trust decreased from $2,515,000 to $2,515,000 a change of $0 quarter to quarter. The stock of Camden Property Trust (NYSE:CPT) has "Buy" rating given on Friday, July 28 by BMO Capital Markets. On average, equities analysts forecast that Camden Property Trust will post $1.81 earnings per share for the current fiscal year. Russell Investments Group Ltd. now owns 510,173 shares of the real estate investment trust's stock valued at $41,047,000 after buying an additional 123,027 shares during the period. The firm's 50 day moving average is $87.21 and its 200-day moving average is $83.58. Mn Services Vermogensbeheer B.V. now owns 2,333 shares of the real estate investment trust's stock valued at $176,000 after buying an additional 120 shares during the period. Camden Property had 46 analyst reports since July 21, 2015 according to SRatingsIntel. The real estate investment trust reported $1.15 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.13 by $0.02. Virtu KCG Holdings LLC increased its position in shares of Camden Property Trust by 119.8% in the second quarter. Finally, Laurion Capital Management LP purchased a new position in Camden Property Trust during the first quarter valued at $201,000.

Thrivent Financial For Lutherans says it raised its investment in Camden Property Trust by 8,020 shares as reported in a filing on 08/11/2017.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 17th. The dividend payment was $0.750 per share for the quarter or $3.00 annualized. This dividend amount was represent a yeild of $3.32. The ex-dividend date of this dividend was Wednesday, June 28th. Camden Property Trust's dividend payout ratio (DPR) is presently 67.11%.

COPYRIGHT VIOLATION NOTICE: "Candriam Luxembourg S.C.A". The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

A number of other analysts have also recently weighed in on CPT. If you are accessing this article on another website, it was illegally copied and republished in violation of USA and global trademark and copyright legislation. KeyCorp upgraded Camden Property Trust from a "sector weight" rating to an "overweight" rating and set a $93.00 price target for the company in a research note on Tuesday, June 13th.

Camden Property Trust (NYSE:CPT) stock has moved in a downward direction this week, causing concern for some investors. The shares were sold at an average price of $89.76, for a total value of $68,486.88. Royal Bank Of Canada reaffirmed a "buy" rating and issued a $91.00 target price on shares of Camden Property Trust in a research note on Sunday, July 16th.

Several research analysts recently commented on the stock. The correct version of this story can be accessed at https://sportsperspectives.com/2017/08/12/candriam-luxembourg-s-c-a-invests-1-51-million-in-camden-property-trust-nysecpt.html. They noted that the move was a valuation call. The company presently has a consensus rating of "Hold" and an average target price of $88.42. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and seven have given a buy rating to the stock. The shares were sold at an average price of $89.81, for a total transaction of $1,058,680.28. Also, EVP William W. Sengelmann sold 5,085 shares of the business's stock in a transaction on Wednesday, August 9th. The disclosure for this sale can be found here. The Capital Advisors Inc holds 288,982 shares with $12.29M value, up from 244,529 last quarter. The Company is involved in the ownership, management, development, redevelopment, acquisition and construction of multifamily apartment communities.

Lastly, Evercore ISI lifted Camden Property Trust from an "in-line" recommendation to an "outperform" recommendation and raised their PT for the shares from $87.00 to $90.00 in a study note published on early Thur, May 18th. As of December 31, 2016, the Company owned interests in, operated, or were developing 159 multifamily properties, which consisted of 55,366 apartment homes across the United States. The company's stock had a trading volume of 371,550 shares. It improved, as 17 investors sold CPT shares while 108 reduced holdings.

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