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Camden Property Trust (NYSE:CPT) Director Lewis A. Levey sold 20,000 shares of the company’s stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $74.64, for a total value of $1,492,800.00. Following the transaction, the director now directly owns 17,371 shares in the company, valued at approximately $1,296,571. The transaction was disclosed in a filing with the SEC, which is available at this link.

A number of research firms have recently commented on CPT. Analysts at RBC Capital raised their price target on shares of Camden Property Trust from $77.00 to $80.00 in a research note on Thursday, August 7th. They now have an “outperform” rating on the stock. Separately, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Camden Property Trust in a research note on Wednesday, August 6th. They now have a $77.00 price target on the stock, up previously from $62.00. Finally, analysts at Stifel Nicolaus raised their price target on shares of Camden Property Trust from $74.00 to $79.00 in a research note on Friday, August 1st. One analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $73.33.

Shares of Camden Property Trust (NYSE:CPT) traded up 0.40% on Wednesday, hitting $75.04. 533,240 shares of the company’s stock traded hands. Camden Property Trust has a one year low of $56.09 and a one year high of $75.13. The stock has a 50-day moving average of $72.90 and a 200-day moving average of $69.35. The company has a market cap of $6.427 billion and a P/E ratio of 24.16.

Camden Property Trust (NYSE:CPT) last issued its quarterly earnings data on Thursday, July 31st. The company reported $1.05 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $1.05. The company had revenue of $208.94 million for the quarter, compared to the consensus estimate of $208.94 million. During the same quarter in the prior year, the company posted $1.02 earnings per share. The company’s quarterly revenue was up 7.2% on a year-over-year basis. Analysts expect that Camden Property Trust will post $4.25 EPS for the current fiscal year.

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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