Camden Property Trust SVP Sells $67,040 in Stock (CPT)
Camden Property Trust (NYSE:CPT) SVP Laurie Baker sold 1,000 shares of Camden Property Trust stock in a transaction dated Monday, April 14th. The shares were sold at an average price of $67.04, for a total value of $67,040.00. Following the completion of the sale, the senior vice president now directly owns 43,853 shares of the company’s stock, valued at approximately $2,939,905. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Camden Property Trust (NYSE:CPT) traded up 0.92% on Tuesday, hitting $67.73. The stock had a trading volume of 430,936 shares. Camden Property Trust has a 1-year low of $56.09 and a 1-year high of $76.06. The stock’s 50-day moving average is $66.81 and its 200-day moving average is $62.7. The company has a market cap of $5.785 billion and a P/E ratio of 17.76.
Camden Property Trust (NYSE:CPT) last issued its quarterly earnings data on Friday, January 31st. The company reported $0.97 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.02 by $0.05. On average, analysts predict that Camden Property Trust will post $4.23 earnings per share for the current fiscal year.
CPT has been the subject of a number of recent research reports. Analysts at Barclays cut their price target on shares of Camden Property Trust from $78.00 to $73.00 in a research note on Tuesday, January 28th. They now have an “overweight” rating on the stock. Analysts at Deutsche Bank cut their price target on shares of Camden Property Trust from $75.00 to $64.00 in a research note on Monday, January 27th. They now have a “hold” rating on the stock. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $60.56.
Camden Property Trust is a real estate investment trust. The Company is engaged in ownership, management, development, acquisition, and construction of multi-family apartment communities.
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