Camden Property Trust (NYSE:CPT) Chairman Richard J. Campo sold 379 shares of the business’s stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $94.44, for a total transaction of $35,792.76. Following the transaction, the chairman now owns 338,519 shares in the company, valued at $31,969,734.36. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Camden Property Trust (NYSE CPT) traded down $1.24 on Friday, hitting $93.08. 685,250 shares of the company were exchanged, compared to its average volume of 601,785. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.94 and a quick ratio of 1.94. Camden Property Trust has a one year low of $75.36 and a one year high of $96.39. The company has a market capitalization of $8,626.19, a price-to-earnings ratio of 20.68, a P/E/G ratio of 3.80 and a beta of 0.42.

Camden Property Trust (NYSE:CPT) last posted its quarterly earnings data on Thursday, October 26th. The real estate investment trust reported $1.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.14 by ($0.03). The company had revenue of $228.18 million for the quarter, compared to analysts’ expectations of $226.41 million. Camden Property Trust had a return on equity of 4.71% and a net margin of 16.81%. The business’s quarterly revenue was up 3.6% on a year-over-year basis. During the same quarter last year, the business posted $1.13 EPS. analysts predict that Camden Property Trust will post 4.53 earnings per share for the current year.

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Several hedge funds have recently added to or reduced their stakes in CPT. YorkBridge Wealth Partners LLC boosted its position in shares of Camden Property Trust by 6.1% in the second quarter. YorkBridge Wealth Partners LLC now owns 1,171 shares of the real estate investment trust’s stock valued at $101,000 after acquiring an additional 67 shares during the period. Penserra Capital Management LLC bought a new position in shares of Camden Property Trust in the third quarter valued at approximately $110,000. Perigon Wealth Management LLC boosted its position in shares of Camden Property Trust by 59.3% in the second quarter. Perigon Wealth Management LLC now owns 2,150 shares of the real estate investment trust’s stock valued at $185,000 after acquiring an additional 800 shares during the period. Eqis Capital Management Inc. bought a new position in shares of Camden Property Trust in the second quarter valued at approximately $201,000. Finally, Sawtooth Solutions LLC boosted its position in shares of Camden Property Trust by 2.7% in the second quarter. Sawtooth Solutions LLC now owns 2,701 shares of the real estate investment trust’s stock valued at $231,000 after acquiring an additional 72 shares during the period. Institutional investors own 92.41% of the company’s stock.

A number of research analysts recently commented on CPT shares. SunTrust Banks, Inc. reiterated a “hold” rating and issued a $93.00 price target on shares of Camden Property Trust in a research note on Wednesday, October 4th. Mizuho reaffirmed a “hold” rating and set a $90.00 price target on shares of Camden Property Trust in a report on Sunday, October 15th. BMO Capital Markets reaffirmed a “buy” rating and set a $95.00 price target on shares of Camden Property Trust in a report on Friday, September 8th. KeyCorp upped their price objective on shares of Camden Property Trust from $93.00 to $98.00 and gave the stock an “overweight” rating in a research report on Friday, September 15th. Finally, Deutsche Bank AG upped their price objective on shares of Camden Property Trust from $84.00 to $85.00 and gave the stock a “hold” rating in a research report on Friday, August 18th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and nine have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $92.31.

About Camden Property Trust

Camden Property Trust is a real estate investment trust (REIT). The Company 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.

Insider Buying and Selling by Quarter for Camden Property Trust (NYSE:CPT)

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