Camden Property Trust (CPT) Price Target Raised to $86.00

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The Old Mutual Global Investors Uk Ltd holds 4,900 shares with $372,000 value, down from 790,465 last quarter. The institutional investor owned 112,984 shares of the real estate investment trust's stock after selling 13 shares during the period. Following the completion of the transaction, the director now owns 14,284 shares of the company's stock, valued at $1,245,279.12.

Institutional investors have recently made changes to their positions in the stock.

Media stories about Camden Property Trust (NYSE:CPT) have trended positive recently, according to Accern. During the same period in the prior year, the company posted $1.15 EPS.

Camden Property Trust now has a P/E ratio of 20.08 and the market value is 7.87B. Perigon Wealth Management LLC bought a new position in Camden Property Trust during the first quarter valued at approximately $110,000. Camden Property Trust has a 1-year low of $75.36 and a 1-year high of $90.83.

Camden Property Trust (NYSE:CPT) previously issued its fiscal periodic earnings information on Early Thur, Jul 27th. Mesirow Financial Investment Management Equity Management acquired a new stake in shares of Camden Property Trust during the first quarter valued at approximately $1,311,000.

TRADEMARK VIOLATION WARNING: "Equities Analysts Offer Predictions for Camden Property Trust's Q1 2018 Earnings (CPT)" was first published by BNB Daily and is owned by of BNB Daily. Assetmark Inc. now owns 1,695 shares of the real estate investment trust's stock valued at $136,000 after buying an additional 1,402 shares during the last quarter. The corporation has a 50 Day SMA of $87.57 and a two hundred SMA of $83.96. 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 last quarter.

Grs Advisors Llc holds 5.45% of its portfolio in Camden Property Trust for 106,194 shares. 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. Creative Planning increased its stake in Camden Property Trust by 3.1% in the first quarter. Finally, Eqis Capital Management Inc. purchased a new position in shares of Camden Property Trust during the second quarter worth $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.

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The company also recently declared a quarterly dividend, which was paid on Monday, July 17th. Stockholders of record on Friday, June 30th were paid 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 of this dividend was Wednesday, June 28th. The stock of Camden Property Trust (NYSE:CPT) has "Sector Weight" rating given on Friday, December 16 by KeyBanc Capital Markets.

COPYRIGHT VIOLATION NOTICE: This article was first posted by TheOlympiaReport and is the sole property of of TheOlympiaReport.

CPT has been the subject of several other reports. If you are reading this article on another publication, it was copied illegally and reposted in violation of United States & global trademark & copyright legislation. First Citizens Commercial Bank has invested 0.03% of its portfolio in Camden Property Trust (NYSE:CPT).

Shares of Camden Property Trust (NYSE:CPT) traded down 1.10% during trading on Tuesday, hitting $88.71. The stock was sold at an average price of $89.76, for a total transaction of $68,486.88. Royal Bank Of Canada boosted their price objective on shares of Camden Property Trust from $91.00 to $95.00 and gave the stock an "outperform" rating in a research note on Monday, August 7th. They noted that the move was a valuation call. Barclays PLC increased their price target on shares of Camden Property Trust from $85.00 to $86.00 and gave the company an "equal weight" rating in a report on Tuesday, July 18th. The legal version of this story can be accessed at https://www.com-unik.info/2017/08/12/retirement-systems-of-alabama-reduces-position-in-camden-property-trust-nysecpt.html.

On May 25, 2017 the stock rating was rated "Outperform" by BMO Capital which was a boost from the previous "Market Perform" rating. Camden Property Trust now has a consensus rating of "Hold" and a consensus target price of $88.43. Also, COO H Malcolm Stewart sold 11,174 shares of the stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $89.81, for a total value of $1,058,680.28. The disclosure for this sale can be found here.

In other news, Director William F. Paulsen sold 2,227 shares of the company's stock in a transaction that occurred on Tuesday, June 13th. The Company is engaged in the ownership, management, development, redevelopment, acquisition and construction of multifamily apartment communities. The Capital Advisors Inc holds 288,982 shares with $12.29M value, up from 244,529 last quarter.

Ratings analysis reveals 50% of Camden Property's analysts are positive. 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.

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