Economia

Insider Trading at Camden Property Trust?

Insider Trading at Camden Property Trust?

The Old Mutual Global Investors Uk Ltd holds 4,900 shares with $372,000 value, down from 790,465 last quarter. First Manhattan Co. now owns 51,165 shares of the real estate investment trust's stock valued at $4,284,000 after buying an additional 1,000 shares during the period.

Hedge funds have lately purchased or disposed their positions in the share. The firm has a market capitalization of $7.80 billion, a PE ratio of 19.92 and a beta of 0.37. Perigon Wealth Management LLC bought a new position in shares of Camden Property Trust during the first quarter worth approximately $110,000. 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. DA Davidson also issued estimates for Camden Property Trust's Q2 2018 earnings at $1.18 EPS, Q3 2018 earnings at $1.21 EPS and Q4 2018 earnings at $1.24 EPS. Envestnet Asset Management Inc. boosted its position in shares of Camden Property Trust by 102.2% in the fourth quarter. Assetmark Inc. now owns 1,695 shares of the real estate investment trust's stock worth $136,000 after buying an additional 1,402 shares during the last quarter. The stock's 50 day moving average is $87.62 and its 200-day moving average is $84.01. BlackRock Inc. now owns 10,451,376 shares of the real estate investment trust's stock valued at $893,697,000 after buying an additional 310,886 shares in the last quarter. As of writing, Camden Property Trust's RSI stands at 52.83. In the latest earnings report the EPS was $4.47 and is expected to be $1.81 for the current year with 87,667,000 shares outstanding. Virtu KCG Holdings LLC increased its position in shares of Camden Property Trust by 119.8% in the second quarter. Finally, Eqis Capital Management Inc. bought a new position in shares of Camden Property Trust during the second quarter worth approximately $201,000.

Amp Investors Ltd holds 0.03% of its portfolio in Camden Property Trust (NYSE:CPT) for 61,063 shares.

The business also recently announced a quarterly dividend, which was paid on Monday, July 17th. Stockholders of record on Friday, June 30th were given a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a dividend yield of 3.37%. The ex-dividend date was Wednesday, June 28th. Camden Property Trust's dividend payout ratio (DPR) is now 67.11%.

COPYRIGHT VIOLATION NOTICE: "Candriam Luxembourg S.C.A". The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Following the completion of the transaction, the executive vice president now owns 71,836 shares in the company, valued at approximately $6,447,999.36.

These firms have also modified their investment in CPT. If you are viewing this article on another domain, it was stolen and reposted in violation of US and worldwide trademark and copyright laws. BTIG Research raised Camden Property Trust from a "neutral" rating to a "buy" rating and set a $90.00 price objective for the company in a research note on Monday, April 24th. "Invests $1.51 Million in Camden Property Trust (NYSE:CPT)" was originally published by Sports Perspectives and is the sole property of of Sports Perspectives.

In other Camden Property Trust news, EVP William W. Sengelmann sold 763 shares of the business's stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $90.15, for a total transaction of $458,412.75. Royal Bank Of Canada lifted their price target on Camden Property Trust from $91.00 to $95.00 and gave the company an "outperform" rating in a research note on Monday. They noted that the move was a valuation call. 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. Finally, Barclays PLC reiterated an "equal weight" rating and issued a $85.00 price objective (up previously from $84.00) on shares of Camden Property Trust in a research note on Wednesday, April 19th.

On May 25, 2017 the stock rating was rated "Outperform" by BMO Capital which was a boost from the previous "Market Perform" rating.

Among 13 analysts covering Textron (NYSE:TXT), 8 have Buy rating, 2 Sell and 3 Hold.

A number of equities analysts have commented on the stock. Camden Property Trust presently has an average rating of "Hold" and a consensus target price of $88.42. The shares were sold at an average price of $89.81, for a total transaction of $1,058,680.28. The disclosure for this sale can be found here. Insiders sold 120,811 shares of company stock valued at $10,812,185 over the last quarter. The Firm is engaged in the ownership, management, development, redevelopment, acquisition and construction of multifamily apartment communities. 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 254,917 shares.

Ratings analysis reveals 50% of Camden Property's analysts are positive. Nationwide Fund Advisors bolstered its holdings by buying 2,067 shares an increase of 1.3% from 03/31/2017 to 06/30/2017.