Camden Property Trust (NYSE:CPT) President D Keith Oden sold 13,086 shares of the company’s stock in a transaction that occurred on Friday, December 8th. The shares were sold at an average price of $92.25, for a total value of $1,207,183.50. Following the transaction, the president now owns 364,771 shares of the company’s stock, valued at approximately $33,650,124.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

D Keith Oden also recently made the following trade(s):

  • On Monday, December 11th, D Keith Oden sold 55,682 shares of Camden Property Trust stock. The shares were sold at an average price of $92.27, for a total value of $5,137,778.14.

Camden Property Trust (CPT) traded up $0.20 during midday trading on Monday, hitting $92.36. The stock had a trading volume of 438,285 shares, compared to its average volume of 607,880. Camden Property Trust has a 52-week low of $78.38 and a 52-week high of $96.39. The stock has a market capitalization of $8,540.94, a PE ratio of 20.48, a P/E/G ratio of 3.76 and a beta of 0.41. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.94 and a current ratio of 1.94.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 17th. Investors of record on Friday, December 15th will be given a dividend of $0.75 per share. The ex-dividend date is Thursday, December 14th. This represents a $3.00 annualized dividend and a dividend yield of 3.25%. Camden Property Trust’s dividend payout ratio (DPR) is presently 182.93%.

Institutional investors have recently added to or reduced their stakes in the stock. YorkBridge Wealth Partners LLC boosted its position in shares of Camden Property Trust by 6.1% during 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 buying an additional 67 shares during the last quarter. Penserra Capital Management LLC purchased a new stake in shares of Camden Property Trust during the third quarter valued at $110,000. Perigon Wealth Management LLC boosted its position in shares of Camden Property Trust by 59.3% during 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 buying an additional 800 shares during the last quarter. Sawtooth Solutions LLC boosted its position in shares of Camden Property Trust by 2.7% during the second quarter. Sawtooth Solutions LLC now owns 2,701 shares of the real estate investment trust’s stock valued at $231,000 after buying an additional 72 shares during the last quarter. Finally, Bbva Compass Bancshares Inc. purchased a new stake in shares of Camden Property Trust during the third quarter valued at $234,000. 97.19% of the stock is currently owned by institutional investors.

A number of equities analysts recently commented on the company. Robert W. Baird restated a “neutral” rating and set a $96.00 target price (up previously from $92.00) on shares of Camden Property Trust in a report on Friday, September 22nd. UBS restated a “sell” rating and set a $86.00 target price (up previously from $80.00) on shares of Camden Property Trust in a report on Thursday, September 14th. Sandler O’Neill upgraded Camden Property Trust from a “hold” rating to a “buy” rating and upped their target price for the company from $93.00 to $105.00 in a report on Tuesday, September 5th. Stifel Nicolaus assumed coverage on Camden Property Trust in a report on Friday, September 1st. They set a “buy” rating and a $99.00 target price for the company. Finally, BMO Capital Markets restated a “buy” rating and set a $97.00 target price on shares of Camden Property Trust in a report on Monday, November 27th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $92.53.

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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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